Software Defined Storage Market Research Report - Global Forecast 2027

Software Defined Storage Market By Components (Platforms and Services), Application (Telecom and ITES, Logistics and Warehouse, Healthcare, Media and Others), organization size (large enterprises and small and medium enterprises) - Global Forecast To 2027

ID: MRFR/SEM/1426-HCR | February 2021 | Region: Global | 110 pages

Please note that the assessment period of the report has been updated from 2016-2022 to 2020-2027. Cordially fill Sample form for the updated data.

Software Defined Storage Market Overview


The software-defined data center has a central place called Software-defined storage and is the most upcoming and latest information technology (IT). It is designed in such a way for the organization to keep the business information and leads the quick delivery of IT services. The emergence of SDS is aroused by the active and efficient management of unstructured information or data, whereas integration of many analytics solutions with the help of SDS solutions for humongous data management helps in optimization of the cost and assist in boosting the business. Another reason behind the Software Defined Storage Market is because of the benefits, for example, low cost and zero maintenance, less reliability, ease of development, and advanced integration. It can be found in industries like food and agribusiness; touchless sensing helps in reducing cross-contamination in the food processing plant. The product overhead can be reduced by totally eradicating direct intervention of human handling during the packaging process.                                                                              


COVID 19 Impacts and effects


The Software Defined Storage Market Share Trends has been hit badly during the COVID-19 pandemic, and this has made a huge windfall for the latest Global Market. The digital storage market has been dominated by many primary key companies. These enterprises have their manufacturing plants and corporate head offices spreading at all the major locations of various countries across the Asia Pacific, European region, North America, and the rest of the world. The majority of modern technology involves enterprises that are managed by different stakeholders for multiple applications. The COVID-19 has influenced the operations of the many prime manufacturer's companies heavily but also badly influenced the profit of their stakeholders like suppliers and distributors. Due to pandemic, companies fail to increase production and because of slow domestic demand from the local market.


Global Software Defined Storage Market: Global Software Defined Storage  Market Research Report- Forecast 2022

Market Dynamics



  • Major Drivers of the Market


Software-defined storage is a multipurpose and powerful platform that is emerging and attaining widespread acceptance. The lots of benefits offered by the technology in the segment of storage administration are responsible for the across-the-board adoption of the technology. In easy terminology, SDS makes it a super easy, affordable, and quite efficient storage platform for all professionals and IT companies. The platform can be very well integrated to manage up with the extraordinary growth in storage requirements without adding any surplus burden to the cost and complexity. With SDS projected to grow as a prominent technology over the near future, IT companies are very much interested in investing in the beginning stage of education just to gain an in-depth understanding of the most prominent ways to expand SDS for their variety of workloads. With definite planning, it would not be very difficult to take total advantage of SDS and, as a result, harvest major operational and financial perks.



  • Significant Opportunities for the Market


Software Defined Storage Market Size is booming like never before. It is a global marketplace. It is an integrated platform. There are plenty of small and medium enterprises (SMEs) associated with this. The Global Market is performing marvelously. Leading companies focusing on this field are doing mergers and acquisitions for focusing on relevant untapped markets and product innovation. For example, companies associate with many partners to innovate new products and their development. Prime companies are doing research and development activities to augment usability and develop new innovative products.



  • Market Restraints


There is always a fear in the global platform about Software Defined Storage Market Growth. Due to this fact, technology products are evolving every day and trying to combat their negative sides. With the lack of awareness of the industry about the governance of the market, the companies are focusing on an untapped market. That is the reason many companies are advised to be monitored continuously in their operations to lower the risks and improve the standard manufacturing features.



  • Market Growth Challenges


After the detailed analysis of IDC Software Defined Storage Market share, there are few constraints that are clearly visible in the study. There are a large number of factors that have contributed to the expansion of the recent global market. Apart from this, the major demand for various marketing mediums has also forced the highly efficient manufacturers to invent highly precise options. However, high manufacturing costs that are needed for the design and development of software storage technology are hampering the growth of the worldwide market.


Cumulative Growth Analysis


The primary software-defined storage (SDS) market and all over the globe have claims to have a CAGR of 27% over the estimated. This is the reason why the demand for this concept has risen because companies are conscious now and getting more advanced. The Asian and North American countries are focusing on expanding the production to meet the targets and deal with innovative technologies effectively. According to the latest information, the market had a total size of USD 4.72 Billion in the year 2016, and currently, it is projected to jump at more than 27% CAGR and cross the total revenue of USD 18.5 Billion in 2022.


Value Chain Analysis


The proper research report of the varied segments of the Software Defined Storage Market into the different segments:


On the basis Component, it is divided into:



  • Platform/solution

  • Service


On the basis of Software, it is divided into:



  • SDS server

  • Data security and compliance software

  • SDS controller software

  • Data management

  • Storage hypervisor


On the basis Service, it is divided into:



  • Consulting and training

  • Support and maintenance

  • Deployment and testing

  • Training and consulting

  • SDS service


On the basis of Usage, it is divided into:



  • Surveillance

  • Data backup and disaster recovery

  • Storage provisioning and high availability

  • Others (DevOps)

  • On the basis of Organization Size, it is divided into:

  • Small and Medium Businesses (SMBs)

  • Large enterprises


On the basis Industry Vertical it is divided into:



  • Education

  • Telecom and ITES

  • Logistics and warehouse

  • Healthcare

  • Media and entertainment

  • Banking, Financial Services, and Insurance (BFSI)

  • Others


Internal audiences that are operating in the digital signage industry are:



  • Software providers

  • IT service providers

  • System integrators

  • Hardware manufacturers

  • Third-party suppliers


By Sales Channel


Companies are creating new avenues, and there is an increase in the global Software Defined Storage Market , which is showing many healthy trends. The processes are becoming more dynamic now, so the definition of this technology is evolving every day in the market. To meet the supply chain and to meet the global demand now, the companies are getting agreement to grow together.


The global Software Defined Storage Market is primarily driven by the increasing adoption of SDS by organizations or IT companies undergoing a different digital transformation for their primary data storage requirement because of the advantages that this emerging technology offers over the ongoing old storage methods. Moreover, the companies that need to accommodate the humongous surge in data growth, and do so at a reasonable price, are converting to SDS. The booming range of unstructured information all across different enterprises processes the demand for a storage architecture that is quite reliable and very much secure. Also, with the added proliferation of IoT all over the world, the information is generated at the fringe is also rapidly increasing. 


By Application:


The prominent players, who have the maximum ownership in the market, use the technology in various fields:


Application segments:



  • consumer electronics

  • Gaming

  • Automotive

  • Hospitality

  • aerospace and defense

  • commercial centers

  • medical centers

  • and educational hubs.


Regional Analysis


North America is an upcoming spot as the fastest-growing marketplace and is projected to be the biggest market by the end of the estimated period due to the increased demand for smart safety devices and also because of the major players in this region such as companies like NetApp and Dell. Along with the upcoming market of North America is followed by the market growth of Europe and the countries of Asia Pacific as the second-largest and third-largest market for the variety of Software-Defined Storage solutions. Different countries like U.K., Spain, and France are also driving the adoption of the latest technology. The major organizations in North America are growing towards the latest upgraded major technologies with the higher adoption of digital business strategies. The major portion of Asia Pacific is projected to show the highest CAGR in the world Software Defined Storage Market during the forecast period.


Regions:


North America


U.S.


Canada


Mexico


Europe


Germany


UK


Asia Pacific


China


India


Japan


South America


Brazil


Middle East & Africa


Recent Development:



  • The global competitors in this sector are Microsoft Corporation, Cisco (US), EMC (UK)

  • The latest market is divided into various segments.

  • The best quality product is no doubt very technology-oriented, scientific, and ensures an advanced level of software-defined storage (SDS) market, and leads the user to give definite commands and storages.


Report Overview



  • Market overview highlights the global recognition of the Software Defined Storage Market Forecast

  • Analysis based upon COVID 19

  • Explanation upon the Market Dynamics

  • Value chain analysis

  • Market segmentation overview

  • The regional analysis

  • Competitive landscape analysis

  • Recent Developments



Frequently Asked Questions (FAQ) :


The worldwide market of software-defined storage is expected to thrive at 27% CAGR and be worth of USD 18.5 billion by 2022.

Juniper Networks, NetApp(US), NEC(US), Pivot3(US), Pertino(US), SwiftStack(USA), and Plexxi(US) are some well-known players of the software defined storage market.

Software defined storage is used for data-backup, surveillance, and disaster-recovery.

In 2016, the valuation of the software defined storage market was USD4.72 Billion.

The surge in demand for intelligent safety devices can propel the growth of North America software defined storage market.

Table of Contents

1 MARKET INTRODUCTION

1.1 INTRODUCTION

1.2 SCOPE OF STUDY

1.2.1 RESEARCH OBJECTIVE

1.2.2 ASSUMPTIONS

1.2.3 LIMITATIONS

1.3 MARKET STRUCTURE:

1.3.1 GLOBAL SOFTWARE DEFINED STORAGE MARKET: BY COMPONENTS

1.3.2 GLOBAL SOFTWARE DEFINED STORAGE MARKET: BY APPLICATION

1.3.3 GLOBAL SOFTWARE DEFINED STORAGE MARKET: BY ORGANIZATION SIZE

2 RESEARCH METHODOLOGY

2.1 RESEARCH TYPE

2.2 PRIMARY RESEARCH

2.3 SECONDARY RESEARCH

2.4 FORECAST MODEL

2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST

2.4.2 MARKET SIZE ESTIMATION

2.4.3 MARKET CRACKDOWN & DATA TRIANGULATION

3 GLOBAL SOFTWARE DEFINED STORAGE MARKET: OVERVIEW

3.1 INTRODUCTION

3.1.1 DEFINITION

3.1.2 MARKET SEGMENTATION OF SOFTWARE DEFINED STORAGE MARKET

4 GLOBAL SOFTWARE DEFINED STORAGE MARKET, COMPETITIVE LANDSCAPE

4.1 KEY STRATEGIES AND DEVELOPMENTS

4.1.1 ACQUISITIONS

4.1.2 PARTNERSHIPS & COLLABORATIONS

4.1.3 PRODUCT LAUNCH

4.1.4 BUSINESS EXPANSION

4.1.5 OTHERS

4.2 PORTER’S FIVE FORCES ANALYSIS

4.2.1 THREAT OF NEW ENTRANTS

4.2.2 BARGAINING POWER OF BUYERS

4.2.3 BARGAINING POWER OF SUPPLIERS

4.2.4 THREAT OF SUBSTITUTES

4.2.5 INTENSITY OF COMPETITIVE RIVALRY

5 MARKET OVERVIEW

5.1 INTRODUCTION

5.2 MARKET DRIVERS

5.3 MARKET CHALLENGES

5.4 MARKET OPPORTUNITIES

6 GLOBAL SOFTWARE DEFINED STORAGE MARKET, BY COMPONENTS

6.1 INTRODUCTION

6.1.1 MARKET STATISTICS

6.2 PLATFORMS

6.3 SERVICES

7 GLOBAL SOFTWARE DEFINED STORAGE MARKET, BY APPLICATION

7.1 INTRODUCTION

7.1.1 MARKET STATISTICS

7.2 TELECOM AND ITES

7.3 ORGANISATION SIZE AND WAREHOUSE

7.4 HEALTHCARE

7.5 MEDIA

7.6 OTHERS

8 GLOBAL SOFTWARE DEFINED STORAGE MARKET, BY ORGANISATION SIZE

8.1 INTRODUCTION

8.1.1 MARKET STATISTICS

8.2 LARGE ENTERPRISES

8.3 SMALL AND MEDIUM ENTERPRISES

9 GLOBAL SOFTWARE DEFINED STORAGE MARKET, BY GEOGRAPHY

9.1 INTRODUCTION

9.1.1 MARKET STATISTICS

9.2 NORTH AMERICA

9.3 EUROPE

9.4 APAC

9.5 ROW

10 COMPANY PROFILES

10.1 EMC (UK)

10.2 IBM (US)

10.3 HP (US)

10.4 VMware (US)

10.5 Avaya (California)

10.6 Big Switch Networks (USA)

10.7 6Wind (France)

10.8 Arista Networks (US)

10.9 Brocade (US)

10.10 Dell (US)

10.11 Others

LIST OF TABLES

TABLE 1 GLOBAL SOFTWARE DEFINED STORAGE MARKET, BY COMPONENTS

TABLE 2 GLOBAL SOFTWARE DEFINED STORAGE MARKET, BY APPLICATION

TABLE 3 GLOBAL SOFTWARE DEFINED STORAGE MARKET, BY ORGANISATION SIZE

TABLE 4 GLOBAL SOFTWARE DEFINED STORAGE MARKET, BY REGIONS

TABLE 5 NORTH AMERICA SOFTWARE DEFINED STORAGE MARKET, BY COUNTRY

TABLE 6 NORTH AMERICA SOFTWARE DEFINED STORAGE MARKET, BY COMPONENTS

TABLE 7 NORTH AMERICA SOFTWARE DEFINED STORAGE MARKET, BY APPLICATION

TABLE 8 NORTH AMERICA SOFTWARE DEFINED STORAGE MARKET, BY ORGANISATION SIZE

TABLE 9 U.S. SOFTWARE DEFINED STORAGE MARKET, BY COMPONENTS

TABLE 10 U.S. SOFTWARE DEFINED STORAGE MARKET, BY APPLICATION

TABLE 11 U.S. SOFTWARE DEFINED STORAGE MARKET, BY ORGANISATION SIZE

TABLE 12 CANADA SOFTWARE DEFINED STORAGE MARKET, BY COMPONENTS

TABLE 13 CANADA SOFTWARE DEFINED STORAGE MARKET, BY APPLICATION

TABLE 14 CANADA SOFTWARE DEFINED STORAGE MARKET, BY ORGANISATION SIZE

TABLE 15 EUROPE SOFTWARE DEFINED STORAGE MARKET, BY COUNTRY

TABLE 16 EUROPE SOFTWARE DEFINED STORAGE MARKET, BY COMPONENTS

TABLE 17 EUROPE SOFTWARE DEFINED STORAGE MARKET, BY APPLICATION

TABLE 18 EUROPE SOFTWARE DEFINED STORAGE MARKET, BY ORGANISATION SIZE

TABLE 19 GERMANY SOFTWARE DEFINED STORAGE MARKET, BY COMPONENTS

TABLE 20 GERMANY SOFTWARE DEFINED STORAGE MARKET, BY APPLICATION

TABLE 21 GERMANY SOFTWARE DEFINED STORAGE MARKET, BY ORGANISATION SIZE

TABLE 22 FRANCE SOFTWARE DEFINED STORAGE MARKET, BY COMPONENTS

TABLE 23 FRANCE SOFTWARE DEFINED STORAGE MARKET, BY APPLICATION

TABLE 24 FRANCE SOFTWARE DEFINED STORAGE MARKET, BY ORGANISATION SIZE

TABLE 25 U.K. SOFTWARE DEFINED STORAGE MARKET, BY COMPONENTS

TABLE 26 U.K. SOFTWARE DEFINED STORAGE MARKET, BY APPLICATION

TABLE 27 U.K. SOFTWARE DEFINED STORAGE MARKET, BY ORGANISATION SIZE

TABLE 28 REST OF EUROPE SOFTWARE DEFINED STORAGE MARKET, BY COMPONENTS

TABLE 29 REST OF EUROPE SOFTWARE DEFINED STORAGE MARKET, BY APPLICATION

TABLE 30 REST OF EUROPE SOFTWARE DEFINED STORAGE MARKET, BY ORGANISATION SIZE

TABLE 31 ASIA-PACIFIC SOFTWARE DEFINED STORAGE MARKET, BY COMPONENTS

TABLE 32 ASIA-PACIFIC SOFTWARE DEFINED STORAGE MARKET, BY APPLICATION

TABLE 33 ASIA-PACIFIC SOFTWARE DEFINED STORAGE MARKET, BY ORGANISATION SIZE

TABLE 34 ASIA-PACIFIC SOFTWARE DEFINED STORAGE MARKET, BY COUNTRY

TABLE 35 MIDDLE EAST & AFRICA SOFTWARE DEFINED STORAGE MARKET, BY COMPONENTS

TABLE 36 MIDDLE EAST & AFRICA SOFTWARE DEFINED STORAGE MARKET, BY APPLICATION

TABLE 37 MIDDLE EAST & AFRICA SOFTWARE DEFINED STORAGE MARKET, BY ORGANISATION

  SIZE


LIST OF FIGURES

FIGURE 1 RESEARCH TYPE

FIGURE 2 GLOBAL SOFTWARE DEFINED STORAGE MARKET: BY COMPONENTS (%)

FIGURE 3 GLOBAL SOFTWARE DEFINED STORAGE MARKET: BY APPLICATION

FIGURE 4 GLOBAL SOFTWARE DEFINED STORAGE MARKET: BY ORGANISATION SIZE (%)

FIGURE 5 GLOBAL SOFTWARE DEFINED STORAGE MARKET: BY REGION

FIGURE 6 NORTH AMERICA SOFTWARE DEFINED STORAGE MARKET, BY COMPONENTS (%)

FIGURE 7 NORTH AMERICA SOFTWARE DEFINED STORAGE MARKET, BY APPLICATION (%)

FIGURE 8 NORTH AMERICA SOFTWARE DEFINED STORAGE MARKET, BY ORGANISATION SIZE (%)

FIGURE 9 NORTH AMERICA SOFTWARE DEFINED STORAGE MARKET, BY COUNTRIES (%)

FIGURE 10 EUROPE SOFTWARE DEFINED STORAGE MARKET, BY COMPONENTS (%)

FIGURE 11 EUROPE SOFTWARE DEFINED STORAGE MARKET, BY APPLICATION (%)

FIGURE 12 EUROPE SOFTWARE DEFINED STORAGE MARKET, BY ORGANISATION SIZE (%)

FIGURE 13 EUROPE SOFTWARE DEFINED STORAGE MARKET, BY COUNTRIES (%)

FIGURE 14 ASIA-PACIFIC SOFTWARE DEFINED STORAGE MARKET, BY COMPONENTS (%)

FIGURE 15 ASIA-PACIFIC SOFTWARE DEFINED STORAGE MARKET, BY APPLICATION (%)

FIGURE 16 ASIA-PACIFIC SOFTWARE DEFINED STORAGE MARKET, BY ORGANISATION SIZE (%)

FIGURE 17 ASIA-PACIFIC SOFTWARE DEFINED STORAGE MARKET, BY COUNTRIES (%)

FIGURE 18 ROW SOFTWARE DEFINED STORAGE MARKET, BY COMPONENTS (%)

FIGURE 19 ROW SOFTWARE DEFINED STORAGE MARKET, BY APPLICATION (%)

FIGURE 20 ROW SOFTWARE DEFINED STORAGE MARKET, BY ORGANISATION SIZE (%)