Software-Defined Data Center Market to Reach $235B by 2026 

Jan. 8, 2020 -- The software-defined data center market is set to grow from its current market value of more than $40 billion to over $235 billion by 2026; as reported in the latest study by Global Market Insights, Inc. Growing demand for resource pooling, resiliency, data integrity, virtualization, and predictability among businesses is proliferating the software-defined data center market size.

SDDC is a paradigm shift to a virtualized data center from a hardware-centric data center. The rising need for improved IT agility, reduced capital expenditure, and lower operational expenditure among end-use firms are proliferating the software-defined data center market size. The deployment of SDDC allows hybrid cloud extensibility and data center virtualization, enabling IT organizations to reduce capital expenditure. This provides high availability and recoverability for all workloads. Additionally, it abstracts and automates flexible deployment for disaster recovery, reducing the downtime for organizations. It provides a holistic approach to organizations, ensuring uninterrupted applications & services and data availability during downtime. The adoption of cloud computing and server virtualization has brought an essential shift in the way computing resources are being deployed, scaled, and managed to drive the same benefits from their network. Apart from server virtualization technology, carriers have also been aggressively driving network innovations through various channels.

Software-Defined Networking (SDN) market growth is attributed to the rapid adoption of IT convergence and cloud services. The growth is driven by its capabilities to provide enterprise-wide array of resources that can be utilized to automate, orchestrate, and scale & support their operations. The growing demand for cloud computing is expected to change the dynamics of data center infrastructure by offering enhanced scalability, improved flexibility, and programmability by the virtualizing model. These factors will propel the demand for SDN solutions among end-user organizations.

Growing investments in healthcare infrastructure and the increasing demand for scale data center capacities are being witnessed. The increasing adoption of SDDC in healthcare institutes is burgeoning market growth. Healthcare institutes are increasingly adopting technology to increase the quality of patient care, streamline operations, save time, and reduce the overall cost. Moreover, the adoption of big data analytics and IoT along with the growing adoption of wearable devices and other patient-centric technologies have also modified healthcare institutes.

Major software-defined data center market leaders are investing heavily in their R&D capabilities to enhance their service abilities, ensuring lower CapEx and OpEx for end-user firms. These software-defined data center market players are collaborating with local players to expand their market presence by serving unserved & underserved markets. This will help these industry players to strengthen their market position.

Some major findings of the software-defined data center market report are:

• Increasing dominance of cloud services and steady growth in business & consumer applications across the globe are driving the industry growth. Rising trends of streaming video, online shopping, and social networking are propelling the data generation.
• Proliferation of smartphones coupled with the rising internet penetration in Asia Pacific region is the key driving factor
• Major market players include Advanced Systems Group, Cisco Systems Inc., Fujitsu, Hitachi Data Systems (Hitachi Vantra), HP Enterprises, Huawei, IBM Corporation, Juniper Networks, Inc., Microsoft Corporation, NEC Corporation of America (NEC Corporation), NetApp, Inc., Nutanix, Oracle Corporation, SUSE, and Vmware, Inc.
• Players are partnering with local players to expand into unserved and underserved regions
• Growing trends of cloud computing, IoT, and mobility solutions are expected to fuel the market growth
• Increasing demand to reduce CapEx and OpEx along with enhanced IT agility will propel the market size

About Global Market Insights Inc.

Global Market Insights Inc. is a global market research and management consulting company catering to leading corporations, non-profit organizations, universities and government institutions. Our main goal is to assist and partner organizations to make lasting strategic improvements and realize growth targets. Our industry research reports are designed to provide granular quantitative information, combined with key industry insights, aimed at assisting sustainable organizational development.

Source: Global Market Insights Inc.