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The global Software Defined Storage market size is expected to attain a market size of $28.3 billion by 2022, growing at a CAGR of 30.5% during the forecast period.
Software defined storage is a powerful platform that is rapidly gaining widespread acceptance. The numerous benefits offered by the technology in storage administration are responsible for the widespread adoption of the technology. In simple terms, SDS makes it easier, affordable and highly efficient storage platform for professionals and IT organizations. The platform can be seamlessly integrated to cope up with the dramatic growth in storage requirements without adding to the cost and complexity. With SDS anticipated to grow as a prominent technology over the near term, IT organizations would keenly be interested in investing in early-stage education in order to gain a deeper understanding of most potential ways to deploy SDS for their key workloads. With appropriate planning, it would be easy to take full advantage of SDS and as a result harvest considerable operational and financial benefits. The report highlights the adoption of Software Defined Storage, globally.
Based on the component type, the Software Defined Storage market is segmented into PlatformsSolutions and services. PlatformsSolutions market is further segmented Data Security and Compliance Software, Software-Defined Storage Server, Software-Defined Storage Controller Software, Data Management and Storage Hypervisor. Services segment is further sub divided into Training and Consulting, Deployment & Testing, Support & Maintenance, Security and Others. Based on Usage Type, the market is segmented into Surveillance, Data-Backup & Disaster-Recovery, Storage Provisioning & High Availability and Others. Based on the organization size the market is segmented into Large Enterprises and Small & Medium Enterprises. The Applications highlighted in this report include Telecom and Ites, Logistics and Warehouse, Healthcare, Media & Entertainment, Education and Others.
The report also covers geographical segmentation of Software Defined Storage market. Based on region, Software Defined Storage market is segmented into North America (US, Canada, Mexico and Rest of North America), Europe (Germany, UK, France, Russia, Spain, Italy and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Singapore, Malaysia and Rest of Asia-Pacific) and Latin America, and Middle East & Africa. North America remained the dominant region in the global Software Defined Storage market in 2015. LAMEA would witness highest CAGR during the forecast period (2016-2022). The report covers the analysis of key stake holders of the Software Defined Storage market. Key companies profiled in the report include Microsoft Corporation, IBM Corporation, HP Enterprise Company, Hitachi Ltd., Cisco Systems, Inc., Fujitsu Limited, Google Inc., Amazon.com, Inc. and Oracle Corporation.