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Global Software-Defined Everything Market Trends, Business Overview, Industry Growth and Forecast to 2022-2028

05-05-2022 06:03 PM CET | IT, New Media & Software

Press release from: Orion Market Reports

The global software-defined everything market is anticipated to grow at a considerable CAGR of 26.4% during the forecast period (2022-2028). Software-defined everything is a wide term used to describe the use of virtualization and software with underlying hardware for making IT infrastructure flexible and agile. The major factor attributing to the growth of the global software-defined everything market includes the increasing application of various types of SDEs including software-defined networking, software-defined storage, and others in the growing BFSI industry. According to the report published on Investopedia by Dotdash Meredith in September 2021, the exact size of the BFSI industry is unknown but an estimated of around 20% to 25% of the global economy is BFSI sector. The BFSI sector is estimated to grow consistently during the forecast years. Thus, increasing the demand for software-defined networking, storage, and data centers.

The software-defined everything market is also growing in others sectors including manufacturing, healthcare, IT & Telecom, and others due to several benefits of such software, including cost savings, improved productivity, and building agility for delivering IT services, among others. Furthermore, several developments and launches in the field of software-defined everything are further contributing to the growth of the market. For instance, in December 2021, Japanese Co. Toyota Motors switched to the software-defined business model for its project of a future city, Woven City which is being constructed near Mount Fuji. Toyota is set to create software-driven mobility services in the city using the technique of "Digital Twin". Digital twin uses virtual space.
The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in April 2022, Microsoft introduced "System Center 2022". System Center 2022 is the tool for deploying and managing various software-defined data centers by Microsoft. The new version provides updates to various features including System Center Operations Manager (SCOM), Virtual Machine Manager (VMM), System Center Orchestrator (SCORCH), Service Manager (SM), and Data Protection Manager (DPM).

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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028

• Segment Covered-
o By Type
o By Application

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- Cisco Systems Inc., Dell Inc., Extreme Networks, Inc., Furukawa Group, and IBM Corp., among others.

Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

A full report of Global Software-Defined Everything Market is available at:
https://orionmarketreports.com/global-software-defined-everything-market/104946/

Global Software-Defined Everything Market Report by Segment

By Type
• Software-Define Networking (SDN)
• Software-Defined Data Center (SDDC)
• Software-Defined Storage (SDS)

By Application
• BFSI
• Healthcare
• Retail
• Manufacturing
• IT & Telecom
• Others

Company name: Orion Market Reports
Contact person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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