Software Defined Data Center (SDDC) Market CAGR of 32.0% Size Analysis 2021: Competitive Insights, Leading Players, Technological Advancement and Growth Opportunities by 2027

Software-defined data center (SDDC) refers to a data storage facility where all elements of an infrastructure including storage, CPU, networking, and security are virtualized and provided as a service. SDDC leverages virtualization and cloud technology to enable end-user access to all the data center resources through software. Moreover, it primarily aims to deliver intelligent services, improved data management solutions, and standardized hardware platforms. The world SDDC market is expected to grow at a CAGR of 32.0% during the forecast period.

SDDCs are rapidly gaining significance among enterprises, owing to their unmatched benefits such as streamlined and automated data center operations. They are provided on a lease basis to end users for storing crucial information that can be remotely accessed. It further eliminates the need to establish own datacenter, which requires huge investment.

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Therefore, the increase in adoption of SDDC across industries such as government & BFSI, retail, telecom & IT, and healthcare fuels the market growth as it is a cost-effective solution to get automated data center operations with improved security. However, data security threat is one of the key restraints that hampers the growth. In addition, huge demand for dynamic connectivity, primarily in emerging economies, is likely to provide greater opportunities to the market players.

The world SDDC market is segmented on the basis of network solutions, services, end user, industry vertical, and geography. The network solutions segment is categorized into software-defined compute (SDC), software-defined networking (SDN), and software-defined storage (SDS). The market is further bifurcated by services into consulting & assessment service; integration, deployment & migration service; and managed service.

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The end user segment covers large-scale, medium-scale, and small-scale enterprises. Moreover, SDDCs are adopted across various industry verticals such as telecom & IT, retail, healthcare, government & BFSI, manufacturing and others (education & media & entertainment, utilities, and transportation). Based on geography, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA. In 2014, North America accounted for the largest market share in the world SDDC market.

The SDDC market in the Asia-Pacific accounted for around 20% share of the overall SDDC market in 2014 and is estimated to grow at a fastest CAGR of 35.8% during the forecast period. Exponential big data growth and scalability & cost-effectiveness are expected to foster the adoption of SDDC in the Asia-Pacific region. Furthermore, North America comprises the U.S., Mexico, and Canada, whereas Europe is further divided into UK, Germany, France, and rest of Europe. The countries covered under the Asia-Pacific region are India, Japan, Australia, Singapore, and rest of Asia-Pacific. LAMEA includes Latin America, the Middle East, and Africa.

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The major companies profiled in the report include Microsoft Corporation, VMware, Inc., Oracle Corporation, Cisco Systems, Inc., Dell Software, Inc., HP Development Company, L.P., Citrix Systems, Inc., International Business Machines (IBM) Corporation, Amazon Web Services, Inc., and SAP SE.

POTENTIAL BENEFITS FOR STAKEHOLDERS:

The report provides a comprehensive analysis of the world SDDC market with current trends & future growth opportunities, challenges, and competitive scenario.
The current market trends are quantitatively analyzed and estimated for the period of 2014-2022 to highlight the financial competency.
Porter’s five forces analysis provides inputs on the potential of buyers and suppliers and highlights the competitive structure of the market, which is expected to enable market players to devise effective growth strategies and facilitate better decision-making.
Value chain analysis provides key inputs on the role of different stakeholders involved at various stages.
SWOT analysis of the key market players highlights the strengths and potential opportunities in the market.

According to Statista, as of 2021 data, the United States held over ~36% of the global market share for information and communication technology (ICT). With a market share of 16%, the EU ranked second, followed by 12%, China ranked third. In addition, according to forecasts, the ICT market will reach more than US$ 6 trillion in 2021 and almost US$ 7 trillion by 2023. In today’s society, continuous growth is another reminder of how ubiquitous and crucial technology has become. Over the next few years, traditional tech spending will be driven mainly by big data and analytics, mobile, social, and cloud computing.

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This report analyzes the global primary production, consumption, and fastest-growing countries in the Information and Communications Technology(ICT) market. Also included in the report are prominent and prominent players in the global Information and Communications Technology Market (ICT).

MARKET SEGMENTATION

The SDDC market is segmented on the basis of network solution, service, end user, industry vertical, and geography.

BY NETWORK SOLUTION

Software-defined Compute (SDC)
Software-defined Network (SDN)
Software-defined Storage (SDS)

BY SERVICE

Consulting & Assessment Services
Integration, Deployment, and Migration Service
Managed Services

BY END-USER

Large-scale Enterprise
Medium-scale Enterprise
Small-scale Enterprise

BY INDUSTRY VERTICAL

Telecom & IT
Retail
Healthcare
Government & BFSI
Manufacturing
Others

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BY GEOGRAPHY

North America
U.S.
Mexico
Canada
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
Japan
Singapore
Australia
India
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

What is the goal of the report?

The market report presents the estimated size of the ICT market at the end of the forecast period. The report also examines historical and current market sizes.

During the forecast period, the report analyzes the growth rate, market size, and market valuation.

The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets.

The report offers a comprehensive view of the market based on geographic scope, market segmentation, and key player financial performance.

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Following are the questions answered by the Market report:

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This market report shows the projected market size for the Multi-Cloud Management Market at the end of the forecast period. The report also examines the historical and current market sizes.

On the basis of various indicators, the charts present the year-over-year growth (%) and compound annual growth rate (CAGR) for the given forecast period.

The report includes an overview of the market, its geographical scope, its segmentation, and the financial performance of key players.

The report examines the current state of the industry and the potential growth opportunities in North America, Asia Pacific, Europe, Latin America, and the Middle East, and Africa.

The research report includes various factors contributing to the market’s growth.

The report analyzes the growth rate, market size, and market valuation for the forecast period.

This report covers aspects of the regional analysis market.

The report includes data about North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

This report analyzes current and future market trends by region, providing information on product usage and consumption.

Reports on the market include the growth rate of every region, based on their countries over the forecast period.

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This report provides comprehensive information on factors expected to influence the market growth and market share in the future.

The report offers the current state of the market and future prospects for various geographical regions.

This report provides both qualitative and quantitative information about the competitive landscape of the market.

Combined with Porter’s Five Forces analysis, it serves as SWOT analysis and competitive landscape analysis.

It provides an in-depth analysis of the market, highlighting its growth rates and opportunities for growth.

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