Global Software Designed Storage Market 2020 | Incredible Possibilities, Growth With Industry Study, Detailed Analysis And Forecast To 2027, Latest Report with Covid 19 Impact and Market Players Open Text Corp. Microsoft Corp. IBM Corp. Oracle Corp. Net A

Software Defined Storage (SDS) is a computer program that manages data storage resources and functionality and has no dependencies on the underlying physical storage hardware. Unlike traditional network-attached storage (NAS) or storage area network (SAN) systems, SDS is generally designed to perform on any industry-standard or x86 system, removing the software’s dependence on proprietary hardware. Factors contributing to the increase in SDS products include the explosive growth of unstructured data which is creating a greater need for scale-out storage architecture. IT provides numerous benefits which includes cost effectiveness, increases flexibility, automation and rising value of unstructured data which is expected to drive the growth of the market.

The report offers key drivers that propel the growth in the Software Designed Storage Market. These insights help market players in devising strategies to gain market presence. The research also outlined restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining potential in untapped regions.

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In this competitive environment, companies have shifted their focus towards new technology to have a competitive edge over their competitors. Adoption of SDS, helps in minimizing the cost by automating process controls and by replacing the traditional hardware by software. Also, growing need for improving the efficiency and business processing data centers is driving the demand for SDS solutions among small and medium-sized enterprises. Other benefits of SDS such as cost saving, increased flexibilities, increase in IT cost reduction, greater efficiency, programmability and automation, and others further fuels the growth of the software defined storage markets. However, lack of expertise, complex integration, different interpretations, comprehensive solutions, lack of cloud economics and SDS vendor ecosystem are some of the major restraining factors which cause hindrance in the market. Factors such as growing need for low latency services, and rise in adoption of advanced technologies like big data analytics is expected to provide lucrative opportunities for the market.

Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the business for future challenges in advance.

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The market is evaluated based on its regional penetration, explaining the performance of the market in each regional market covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).

The research offers a detailed segmentation of the Software Designed Storage Market. Key segments analyzed in the research include Application Type, Industry Vertical Type, Geography and more. Extensive analysis of sales, revenue, growth rate, and market share of each Application Type, Industry Vertical Type for the historic period and the forecast period is offered with the help of tables.

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Companies Covered :
Open Text Corp.
Microsoft Corp.
IBM Corp.
Oracle Corp.
Net App Inc.
Fujistu Inc.
VMWare Inc.
FalcoStor Software Inc.
StarWind Software Inc.
Dell EMC Corp.

Key Benefits of the Report:

The report provides a detailed overview of the industry including both qualitative and quantitative information.

It provides an overview and forecast of the global software-defined storage market based on the component, application and industry vertical.

It also provides market size and forecast till 2027 for overall software-defined storage market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC),) and LAMEA.

Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.

The report also focuses on leading industry players with information such as company profiles, products, and services offered, financial information for the last few years, the key development in the past five years.

The report gives a review of software-defined storage market, including characterization, application, fabricating innovation, industry chain investigation and most recent market progression.

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