Market Size of Software Defined Data Center Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 26.60 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Software Defined Data Center Market Analysis
The global Software-Defined Data Center (SDDC) Market is estimated to grow at a CAGR of 26.6% over the forecast period. Cost reduction in hardware is the major driving factor for adopting software-defined data centers. With SDDC, businesses no longer need to purchase hardware, acquire vendor-specific skills to maintain and operate it, or manage upgrades to physical machines. It simplifies the management of resources of the company, thus increasing overall efficiency.
- With a few significant exceptions, SDDCs differ from traditional data centers in several ways, notably through virtualization, abstraction, resource pooling, and automation. A software-defined data center is an IT-as-a-Service (ITaaS) platform that meets a business's platform, infrastructure, and software requirements. An SDDC may be on-site, at an MSP, or in hosted, private, or public clouds. SDDCs house servers, storage devices, networking hardware, and security devices like conventional data centers. The operations of a traditional data center are delivered programmatically by an SDDC using a virtualized environment.
- With the introduction of hyper-converged infrastructure-where all IT infrastructure pieces are software-defined and deployed-network, technology can now support cloud SDDC and ITaaS ambitions.
- For IoT in the medium to long term, the Covid-19 impact is expected to be highly positive. Enterprises are expected to speed up their digitization process to overcome problems such as downtime, productivity loss, and supply chain issues, among others.
- Ever-growing security threats that steal critical information can hamper the market's growth. SDDCs must have identity and access management to control users, OS security to safeguard the virtual server, and data security to protect information at rest and in motion. Two-factor authentication must be put in wherever possible to make the SDDC secure.
