Software Defined Storage Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2026

Albany, NY -- (SBWire) -- 04/11/2017 --Software Defined Storage (SDS) is an emerging concept in the field of semiconductors and holds itself to be a niche product in the data storage market. It has been marked that most of the storage vendors are constantly trying to find storage networking product that are software-based. The SDS is a step forward in the world of server virtualization and is usually defined as a mix of storage technologies that are been used by giants such as the EMC/VMware that enable the successful merging of software managed pools of storage. The SDS emphasizes more on the storage related services rather than the storage hardware as it is considered to be a part of the larger industry trend with a higher level function. Flexible management capabilities along with programming is the goal of SDS. The terminology of SDS carries a debate around three types of services offered by SDS. They are hypervisor-constrained SDS, Hypervisor-agnostic SDS and workload-agnostic SDS. All of these are products and services are lumped under an umbrella term storage hypervisor that are managed by a software with different capacities related to storage. As mentioned earlier, SDS has been prevalent since a decade now and NetApp was among the first to provide it. The most readily available SDS software in the market is ZFS software along with other commercialized companies such as Nexanta and others.

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The IT industry is constantly focusing on the betterment of the software services and SDS is benefiting in separating the hardware from the software. The driving cause for this service is the flexibility in the configuration and the reduction in the hardware costs due to the proper substitution of hardware platforms. Moreover, there has been an exponential growth in the volume of data across enterprises due to the sudden rise in the software-defined concept. The restraints calling for this market are mainly the skilled workforce for the effective deployment of SDS infrastructure. Subsequently, the security and reliability has always been a concern in virtual cloud storage. The SDS adoption has benefitted the IT professionals as the vendors are delivering SDS on pretested hardware to support services for end users.

The Software- Defined Storage market can be segmented on the grounds of component, usage, organization size and end-use application. The SDS market on the basis of component can be further broken into platforms or solutions and services. Under solutions, the software available are Software-Defined Storage Server, Data Security and Compliance Software, Data Management and storage hypervisor and Software-Defined Storage Controller Software. The service sub segment has support and maintenance, deployment and testing, training and consulting and Security as its further components. The SDS can be used for surveillance, data-backup and disaster- recovery. By organization, the software defined storage market can be further classified into small and medium enterprises and large enterprises. The SDS can have end-use application in education, telecom and Its, media and entertainment, banking, financial services and insurance and others.

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The SDS market is prevalent in the North America, Europe, Asia-Pacific, Middle East and Africa and Latin America. Amongst these, the highest growing market for this technological advancement is North America, followed by Europe and Asia- Pacific region. Asia-Pacific is expected to be the fastest growing region due to high technological advancement in countries like Japan, India, China and others. Moreover, these countries mainly are dominated by small and medium size enterprises and these enterprises are known to reduce their IT spending by adopting storage virtualization facilities.

The companies that are using the software defined storage market are Atlantis Computing, Inc., Datacore Software Corporation, Ericsson, Intel Corporation, Microsoft, Nexenta System, Maxta Inc., Nutanix, Pivot3, Swiftstack Inc. and others. There is a constant growth in this emerging software market with new and existing companies trying to develop this facility.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.