Software-Defined Data Center Market is Poised to Grow at a CAGR of 23.6% during the Forecast Period of 2022-2031

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Sep 15, 2022, 02:09 EST

Shibuya-ku, Tokyo, Japan, Japan, Sep 15, 2022, 02:09 /Comserve / -- Key Companies Covered in the Software-Defined Data Center Market Research are VMware (US), Microsoft (US), HPE (US), Nutanix (US), Dell EMC (US), Huawei (China), and other key market players.

Increasing need for unified management to drive the demand for software-defined data center solutions across the globe

The global Software-Defined Data Center (SDDC) market size is expected to grow from USD 33.5 billion in 2022 to USD 96.5 billion by 2031, at a Compound Annual Growth Rate (CAGR) of 23.6% during the forecast period. SDDC enables unified management and monitoring of data center resources, empowering faster allocation of computing, storage, and network resources using a single point of control that is delivered by SDDC solution. However, traditional data centers face issues with the integration of servers, networks, and storage infrastructure in the data center through SDDC technologies. These factors may restrict the adoption of SDDC.

Hardware segment to hold the largest market size during the forecast period

SDDC combines vendor-agnostic hardware with software-driven intelligence. Moreover, it enables the execution of applications entirely on the logically defined resources that are abstracted from the underlying hardware. Owing to the hardware-agnostic nature of the SDDC architecture, SDDC can be implemented even on basic hardware configurations. SDDC can be deployed by using multiple hardware approaches, such as integrating SDDC with traditional hardware, converged infrastructure, hyperconverged infrastructure, and composable infrastructure.

Software-defined computing segment to fuel the SDDC market during the forecast period

Software-Defined Computing (SDC) is a mature and widely adopted technology from leading vendors, such as Microsoft, Citrix, and VMware, and served by multiple products. SDC facilitates virtualization and aggregation of computing resources into resource pools. These resource pools are provisioned and offered based on availability and computing requirements. It is used to divide physical servers into multiple isolated virtual environments. SDC provides software tools that facilitate the efficient and dynamic allocation of workloads across servers in the system. The compute resources are managed through a central interface and can be allocated and reallocated based on requirements.

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North America to hold the largest market size in 2018, while Asia Pacific to grow at the highest CAGR during the forecast period

North America is estimated to hold the largest market size in the global SDDC market in 2018. The region is considered as most mature in the SDDC market, as there is a presence of most large enterprises. This region is home to some of the leading, well-established suppliers, as well as end-user verticals, in the global SDDC market. Organizations shifting toward SDDC solutions and services, and increasing adoption of digital business strategies are the major factors that are expected to drive the adoption of SDDC offerings in North America.

On the other hand, the SDDC market in APAC is expected to witness exponential growth to become the fastest-growing region. The rising awareness of data management through a common interface at a reduced cost of ownership, the growing focus on server virtualization, and the increasing popularity of using infrastructure-as-a-service solutions are the major growth drivers for the SDDC market in APAC.

In the process of determining and verifying the market size of several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with the key people.

The breakup of the primary profiles is given below:

  • By Company: Tier I: 32%, Tier II: 49%, and Tier III: 19%
  • By Designation: C-Level: 33%, Directors: 22%, and Others: 45%
  • By Region: North America: 40%, Europe: 20%, APAC: 35%, and RoW: 5%

The key vendors profiled in the report are as follows:

1. VMware (US)
2. Microsoft (US)
3. HPE (US)
4. Nutanix (US)
5. Dell EMC (US)
6. Huawei (China)
7. Cisco (US)
8. IBM (US)
9. NEC (Japan)
10. RedHat (US)
11. Oracle (US)
12. SUSE (Germany)
13. Fujitsu (Japan)
14. Citrix (US)
15. Lenovo (Hong Kong)

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Research Coverage

The market has been segmented on the basis of components, services, organization size, types, verticals, and regions. The SDDC market by component consists of hardware, software, and service segments. On the basis of type, the market is segmented by SDC, Software-Defined Storage (SDS), Software-Defined Data Center Networking (SDN), and automation and orchestration. Based on organization size, it comprises SMEs and large enterprises. Based on verticals, it covers Banking, Financial Services and Insurance (BFSI); IT and telecom; government and defense; healthcare; education; retail; manufacturing; and others (media and entertainment, and energy and utilities). In terms of region, the report covers 5 major geographic regions: North America, Europe, APAC, MEA, and Latin America.

Key benefits of buying the report

  1. The report comprehensively segments the SDDC market and provides the closest approximations of the revenue numbers for the overall market and its sub-segments across verticals and regions.
  2. The report would help stakeholders understand the pulse of the market and provide them with information about the key market drivers, restraints, challenges, and opportunities.
  3. It would help stakeholders better understand their competitors and gain more insights to enhance their positions in the market. The competitive landscape section includes new product launches, partnerships, agreements and collaborations, mergers and acquisitions, and expansions related to the global SDDC market.

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