Things Your Boss Needs To Know About The Software Defined Data Center Market Industry.
The global software
defined data center market is expected to grow at a CAGR of 22.76%
during the forecast period. Based on component, the global software defined
data center market has been segmented into SDS, SDC, and SDN. As per the latest market research report published by
Technavio, the global software defined data center market size will grow by USD
58.3 billion during 2019-2023, despite its decelerating growth momentum. Get
the free sample report below for the detailed information.
SDS overcomes challenges such as complexities in
storage and vendor lock-in issues. Also, SDS solutions enable enterprises to
utilize the existing storage systems and offer simplified data management,
transparency in storage availability, and scalability. Some of the key
end-users in the global software defined data center market include BFSI,
healthcare, telecom and IT, and digital media. Content and digital media
require highly efficient compute, storage, and network systems to offer
enhanced services with low latency to their customers.
Also, new data protection regulations such as the GDPR
is enforcing enterprises to take effective steps to secure the data in data
centers. Therefore, the demand for SDS solutions will continue to increase
during the forecast period with the growing demand for efficient storage
systems from end-users, increasing data protection regulation and enterprises’
willingness to reduce the operational complexity and cost using software
defined solutions and white box products. Hence, due to these factors the SDS segment
of the global software defined data center market is expected to grow faster
during the forecast period. To know the complete and in-depth analysis and
forecast of this market get the complete report by clicking the link below.
Get the Complete Report @ http://bit.ly/2QugYIN
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