The Global Software Defined Data Center (SDDC) Market is expected to grow from USD 35.41 billion in 2018 to USD 155.74 billion by 2026 at a CAGR of 24.74% during the forecast period from 2018-2026.
Global Software Defined Data Center (SDDC) Market is expected to reach USD 155.74 billion by 2026, at a CAGR of 17.43% from 2018 to 2026. Increasing need for unified management and Integration concerns with legacy IT infrastructure are the major factors attributed to the growth of the Software Defined Data Center (SDDC) Market. Increased agility and improved efficiency benefits also increases the demand for adoption of SDDC solutions among SMEs. The deployment of SDDC had enabled increased productivity for IT Teams by reducing the repetitive task of provisioning and monitoring. Hence, increased uptime and reduced operational expenditure in enterprises fuels the growth of SDDC market.
Market Overview:
Software Defined Data Center (SDDC) extends the virtualization concepts such as automation, pooling, and abstraction to all data center resources and services to achieve IT as a service. In SDDC, software defined network (SDN) segment is projected to hold the largest market share in the global market owing to a cost-effective alternative with enhanced control solution when compared to traditional networking system. SDN provides the end users in managing the highest degree of change necessary on the network to support virtual workloads, which reduces the complexity of the network in the data center and enables automation and orchestration of network configurations.This holds a strong growth opportunity which positively impact the market during the projected period.
The major key Vendors includes in the software defined data center (SDDC) market are Microsoft, IBM, HP, Cisco Systems, Dell EMC, VMware, Citrix Systems, NEC, Fujitsu, Juniper Networks, Western Digital
Report Description: