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According to a new report North America Software Defined Storage Market, published by KBV Research, the North America Software Defined Storage market is expected to attain a market size of $10.9 billion by 2022, growing at a CAGR of 28.8% during the forecast period.
North America is anticipated to be the leading market for Software-Defined Storage market, as the governments in the region are actively initiating new projects to digitize data within the respective countries. The positive environment for data digitization would make the region the largest adopter of SDS solutions.
In 2015, Data Security and Compliance Software dominated the North America Software Defined Storage Platforms/Solutions Market, with revenue of $514.2 Million. However, Data Management would witness highest CAGR of 29.9% during the forecast period (2016-2022).
In 2015, US dominated the North America Software Defined Storage in BFSI Sector Market, and by 2022, the segment would attain revenue of $1,842.0 Million. However, Canada would witness highest CAGR of 27.3% during the forecast period (2016-2022).
The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key influencing factors of the North America Software Defined Storage market have been discussed in the report along with the elaborated company profiles namely Microsoft Corporation, IBM Corporation, HP Enterprise Company, Hitachi Ltd., Cisco Systems, Inc., Fujitsu Limited, Google Inc., Amazon.com, Inc. and Oracle Corporation.