North America Software Defined Storage Market By Component Type (Platform Solution - Data Security and Compliance Software, Server, Controller Software, Data Management, Hypervisor; Services - Training and Consulting, Deployment and Testing, Support and Maintenance, Security), Usage (Surveillance, Data-Backup and Disaster-Recovery, Storage Provisioning and High Availability), Organization Size (Large Enterprises, Small & Medium Sized Enterprises), Application (BFSI, Telecom & IT, Logistics and W
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Market Report Description
The North America Software Defined Storage market size is poised to grow at a growth rate of 28.8% CAGR 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. Presently, the data has been rapidly increasing due to digitization and substantial rise in internet usage. Introduction of wide variety of tools such as such as ERP, CRM, and SCM has enabled effective business process management due to which enormous data is gathered across enterprises. To effectively manage humongous volume of data, companies are implementing SDDC to securely store crucial business information. These factors are further adding to the market growth worldwide. Telecommunication and IT sector is largely customer centric; therefore, customer service plays a vital role. The customer service centers on a daily basis need access to customer information to store newly generated customer data. SDS solution is a perfect answer to the storage management demand of ever-increasing data volumes in the sector. Among application areas, the telecom and ITES sectors are anticipated to be gain prominence as substantially large volume of new data is generated almost every day, and managing and securing new data is of vital importance. The report highlights the adoption of Software Defined Storage, in North America.
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. Based on Country, North America Software Defined Storage market is segmented into US, Canada, Mexico, and Rest of North America. US remained the dominant Country in the North America Software Defined Storage market in 2015. Canada 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.