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Software Defined Storage Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024


Sarasota, FL -- (SBWIRE) -- 04/13/2018 -- Global Software Defined Storage Market: Overview

Software-defined storage deals with storage virtualization which is meant to divide the software from the hardware (storage). Software-defined storage is mainly storage architecture for data/information storage, in terms of hardware and software components. Due to a range of advantages/benefits, such as web facilitation, enhanced system performance, and decreasing maintenance expenditure the demand and popularity of software-defined storage have increased significantly.

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Global Software Defined Storage Market: Growth Factors

The appearance of hyper-scale information/data has supported the development and growth of the global software defined storage market. This technology is projected to improve the performance and function of the storage setting, thus decreasing the expenditure implicated in IT infrastructure. Broad expansion of information/data in the coming future has majorly led to the expansion of the global software defined storage market in the coming years. Rising cloud-based solutions/services has also propelled the expansion of the global software defined storage market worldwide. New technologies/expertise such as Big Data and BYOD, are among others which have been the propelling factor for the development of software defined storage market in the years to come. Developments in the cloud-based communication/infrastructure in the coming years anticipate creating several market opportunities and prospects for the global software defined storage market.

Global Software Defined Storage Market: Segmentation

The global software defined storage market is classified based on application, components, and usage type. Based on components it is further divided into solutions/platforms (hypervisor, data security & compliance, software-defined server, data management, and controller) and services are among others. Based on application, the market is categorized into logistics and warehouse, education telecom and ITES, media and entertainment, healthcare, and others. Based on usage type, the software defined storage market is divided into data-backup and disaster-recovery, surveillance, high availability, and storage provisioning.

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Global Software Defined Storage Market: Regional Analysis

North America is projected to become the biggest adopters of software defined storage services. Increasing support by the governments and other organizations from different countries to support and implement the idea of going complete digitalization is a major factor driving the software defined storage market. There have been several digitalization ventures taking place in North American countries. In the coming future, the region is estimated to continue its leading position in the global software defined storage market. Development opportunities for the global market is just not restricted to North America, the Asia Pacific region is also expected to expand at a rapid pace compared to other provincial markets. With the establishment of several IT companies, Asia Pacific is projected to see a high level of technical development. The beginning of storage virtualization services is supporting both small & medium enterprises (SMEs) to support their IT spending.

Global Software Defined Storage Market: Competitive Players

Some of the most important market players in the global software defined storage market are EMC Corporation, Dell, Fujitsu Ltd., Citrix Systems Inc., International Business Machines Corporation, Seagate Technology, Netapp, Inc., Western Digital Corporation, and Vmware Inc., among others.

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Global Software Defined Storage Market: Regional Segment Analysis

North America
The U.S.
The UK
The Asia Pacific
Latin America
The Middle East and Africa

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