Software Defined Storage Market Revenue, Grow Pricing , Industry Growth and Forecast to 2027

 Market Research Future published a research report on “Software Defined Storage Market Research Report - Global Forecast till 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027.

Software Defined Storage Global Market   - Overview

Software-define storage is a centre part of Software Defined Storage system. It is designed for the organization to store business data and enable the fast delivery of IT services. The growth of SDS is spurred by the effective and efficient management of unstructured data, whereas integration of various analytics solutions with the SDS solutions for big data management optimizes the cost and helps to boost the business. According to a recent study report published by the Market Research Future, The global market of Software Defined Storage is booming and expected to gain prominence over the forecast period. The Software Defined Storage Market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).

In SDS framework, storage devices are delivered as a software layer that can be preoccupied from the underlying hardware. These solutions eliminates the need for traditional process of manual configuration of the operational process in the software define data centre. The integration of big data & network file systems and the rapid provisioning of analytics applications streamline unstructured data produced by management for business intelligence.

The study indicates that the organizations need to mandatory follow the compliance policies and guidelines for storing, sharing data and secure business-critical information. The requirement of security and compliance function in the existing SDS solution while storing the data has increased the demand for this software and is expected to contribute the highest in the overall revenue generation for the SDS market during the forecast period.

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Key Players 

The distinguished players in the market of Software Defined Storage market are SwiftStack(USA), EMC(UK), NetApp(US), IBM(US), Juniper Networks, Arista Networks(US), HP(US), Ericsson(Sweden), Big Switch Networks(USA), Brocade(US), NEC(US), VMware(US),  6Wind(France), Cisco(US), Avaya(California), and others. 

Software Defined Storage Global Market   - Segmentation

The Software Defined Storage Market can be classified into 6 key segments for the convenience of the report and enhanced understanding;

Segmentation by Component: Comprises Platforms/Solutions (Software-Defined Server, Data Security & Compliance, Controller, Data Management, and Hypervisor) and Services among others.

Segmentation by Software: Comprises SDS server, data security, compliance software, SDS controller software, data management and storage hypervisor.

Segmentation by Usage:  Comprises Surveillance, Data backup and disaster recovery, Storage provisioning and high availability and Others (DevOps).

Segmentation by Organization Size:  Comprises Small and Medium Businesses (SMBs) and large enterprises.

Segmentation by End-User: Comprises Education, Telecom and ITES, Logistics and warehouse, Healthcare, Media and entertainment, Banking, Financial Services, and Insurance (BFSI) and Others

Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Regional Analysis

The Software Defined Storage market can be classified into four regions which include Asia Pacific, North America, Europe, and the Middle East and Africa (MEA). 

North American market is appearing as the fastest expanding market and is estimated to be the largest market by the end of the review period owing to the rising demand of smart safety devices and also due to the major competitors in the North American region like Dell and NetApp. The North American market is followed by Europe and the Asia Pacific as the second largest and the third-largest market for Software Defined Storage solutions. The increase in demand for intelligent safety devices can propel the expansion of the North American market. 

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