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 24.55% during the forecast period from 2021-2029.
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:
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model