Software Defined Data Center Market

Software Defined Data Center Market

Growth Factors of Software Defined Data Center Market

The software defined data center market size was valued at USD 58.04 billion in 2023, and the market is now projected to grow from USD 71.09 billion in 2024 to USD 307.79 billion in 2032, exhibiting a CAGR of 20.1% during the forecast period of 2024-2032.

The software defined data center market growth was initially pulled back by the COVID-19 pandemic as organizations cut back their spending and delayed projects. However, the COVID outbreak forced employees to work from home and created pressure on the application of cloud infrastructures boosting the SDDC adoption. Since data is growing and multi-cloud solutions are developing, SDDCs are gaining importance for companies. However, it has been noted that the pandemic mostly supported the increased demand for flexible IT solutions. This has placed SDDCs as critical to business sustainability during the COVID-19 outbreak.

Solutions in software defined data center market share are reducing hardware costs and no longer require skills or mechanical changes for physically altering machines. SDDCs facilitate the management of resources hence positive outcomes about resource management are shown. The need for better control in the line of software and hardware is increasing thus one of the major factors for this trend is growing. It has also been revealed that 13% of servers to be procured next year will be AI, machine learning and predictive analytics for SDDCs. However, companies may fail due to the difficulties of integrating legacy systems with new-age IT architectures.

Furthermore, hybrid cloud deployment is resurging SDDC, an infrastructure with some cloud advantages but primarily on-site storage. In 2022 it was observed that 80% of organizations using hybrid cloud computing to improve performance and minimize latency. In 2022, 45% of workloads will be delivered through the cloud and by 2027, 65% percentage points of workloads. Organisations purchase hybrid clouds and SDDCs to keep up with the competition. Another important factor of big data is mobility emphasis on the security of cloud-based access.

Comprehensive Analysis of Software Defined Data Center Market

The software defined data center market is expanding, especially in the information & communication technology industry. These market expansions include the evaluation of the respective regions based on the hardware & software IT services market. These segmentations are systematically separated on the basis by components, by types, by deployment and by industry. The components include, Solution and Services. The types includes, Software Defined Compute, Software Defined Networking, Software Defined Storage and Others. The deployments include, Public, Private and Hybrid. The industry includes, IT & Telecommunication, Government, Healthcare, Manufacturing, BFSI, Retail and Others.

North America account for the biggest market, within the forecast period under consideration. The rise is attributed to key technology giants as well as original equipment manufacturers comprising VMware, Cisco Systems, IBM Company and others. In addition, the latest technology types new products and collaborations from the prominent players for spreading their markets across the world seem to increase the market size of North America.

Market leaders reduce market prospect risk by actively participating in the information & communication technology industry while providing a benchmark for the market. These players include, VMware, Inc. (California, U.S.), IBM Corporation (New York, U.S.), Cisco Systems, Inc. (California, U.S.), Nutanix (California, U.S.), GreenPages, Inc. (Maine, U.S.), Dell Technologies (Texas, U.S.), Fujitsu (Tokyo, Japan), Hewlett Packard Enterprise Development LP (Texas, U.S.), Hitachi Vantara LLC (Tokyo, Japan) and NetApp (California, U.S.). These market players offer a level-playing competitive environment.

In January 2024, Cisco Systems partnered with Nutanix to offer its customers hybrid cloud services worldwide. It integrates Cisco's Hyperconverged Compute with Nutanix in managing all the infrastructure, application management operations, and cloud operations.

Segmentation Table

Global Software Defined Data Center Market Scope

Study Period 2019-2032

Base Year 2023

Forecast Period 2024-2032

Growth Rate CAGR of 20.1% from 2024 to 2032

Historical Period 2019-2022

Unit Value (USD Billion)

Segmentation By Component, Type, Deployment, Industry and Region

By Component

Solution

• Services

By Type

Software Defined Compute

• Software Defined Networking
• Software Defined Storage
• Others (Software Defined Management, Security, etc.)

By Deployment

Public

• Private
• Hybrid

By Industry

IT & Telecom

• Government
• Healthcare
• Manufacturing
• BFSI
• Retail
• Others (Education, Automotive, etc.)

By Region

North America (By Component; Type; Deployment; Industry; and Country)

• U.S. (By Type)
• Canada (By Type)
• Latin America (By Component; Type; Deployment: Industry; and Country)
• Brazil (By Type)
• Mexico (By Type)
• Rest of Latin America
• Europe (By Component; Type; Deployment; Industry; and Country)
• U.K. (By Type)
• Germany (By Type)
• France (By Type)
• Italy (By Type)
• Spain (By Type)
• Russia (By Type)
• Rest of Europe
• Middle East & Africa (By Component; Type; Deployment; Industry; and Country)
• GCC (By Type)
• South Africa (By Type)
• Rest of the Middle East & Africa
• Asia Pacific (By Component; Type; Deployment; Industry; and Country)
• China (By Type)
• Japan (By Type)
• India (By Type)
• Southeast Asia (By Type)
• Rest of Asia Pacific

Please Note: It will take 5-6 business days to complete the report upon order confirmation.