According to the report published by Facts and Factors, the global Software Defined Storage market in 2019 was approximately USD 5.36 Billion. The market is expected to grow at a CAGR of 25% and is anticipated to reach around USD 40.2 Billion by 2026. This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Software Defined Storage industry. The report analyzes and declares the historical and current trends analysis of the Software Defined Storage industry and subsequently recommends the projected trends anticipated to be observed in the global Software Defined Storage market during the upcoming years.
The global Software Defined Storage market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Software Defined Storage market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Billion) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Software Defined Storage industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Software Defined Storage industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the global Software Defined Storage market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Software Defined Storage industry. The global Software Defined Storage market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Software Defined Storage sector. Key strategic developments in the global Software Defined Storage market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the global Software Defined Storage market are appropriately highlighted in the report.
Software defined storage is an effectual and economical solution using which the workload is managed on software defined servers. The increasing generation of a large amount of data has led to the emergence of the software defined networking & storage. The building of a congregated operational model with the help of software-defined storage infrastructure to provide dynamic application services is projected to help escalate the market expansion.
The global Software Defined Storage market is growing at a steady pace owing to the increasing demand for better data storage solutions across the world. Furthermore, the advancing cloud-based infrastructure is one of the primary reasons propelling the growth of the global Software Defined Storage market. The adoption of virtualization technologies by the small and medium scale or even large scale enterprises has propelled the growth of the Software Defined Storage market. In addition to this, the surging popularity of new technologies like BYOD and Big Data have is likely to offer more incentive for the growth of the targeted market. The cost-effectiveness and better flexibility of the cloud-based infrastructure for high storage management and data protection capabilities is likely to lower the overall infrastructure capital expenditure which, in turn, will bolster the Software Defined Storage market. However, the rising data theft cases are projected to restrain the adoption of cloud SaaS and IaaS.
The global Software Defined Storage market research report delivers an acute valuation and taxonomy of the Software Defined Storage industry by practically splitting the market on the basis of different usage, solution, end-user industry, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Software Defined Storage industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Software Defined Storage industry is provided for the leading economies of the world.
The global Software Defined Storage market is segmented based on Usage, Solution, and End-User Industry. By usage, the global Software Defined Storage market is segregated into Data Backup & Disaster Recovery, Surveillance, Storage Provisioning, and Others. On the basis ofsolution, the market is segmented into SDS Server, SDS Controller Software, Data Security, Data Management, and Others. Based on end-user industry, the market is divided into BFSI, Telecom, Manufacturing, Education, Media & Entertainment, Healthcare, Information Technology, and Others.
Report Attribute |
Details |
Market Size in 2019 |
USD 5.36 Billion |
Projected Market Size in 2026 |
USD 40.2 Billion |
CAGR Growth Rate |
25% |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Huawei Technologies Co., Ltd., Cisco Systems, Inc., SCALITY Inc., IBM Corporation, Dell EMC, Nutanix, Inc., Fujitsu Limited, Infinidat Limited, Oracle Corporation, Commvault Systems Limited, Hitachi Vantara Corporation, VMWare, Inc., Inspur Systems Inc., NetApp, Inc., and Hewlett-Packard Enterprise. |
Key Segment |
By Usage, By Solution, By End-User Industry, and By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The taxonomy of the Software Defined Storage industry by its scope and segmentation is as follows:
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