Market Introduction
The software defined data center (SDDC) is a data storage facility that comprises storage, networking, and security of data provided as a software service to the customer. SDDC offers a secured user portal with a web-based server that delivers the data effectively and securely. This data center also permits the end user to access the data and information with the help of virtualization and cloud technology. Additionally, SDDC is an advanced data management solution that monitors as well as builds a backup of the data.
Market Overview and Dynamics
The US software defined data center market was valued at US$ 14.30 billion in 2019 and is projected to reach US$ 50.93 billion by 2027; it is expected to grow at a CAGR of 17.4% from 2020 to 2027. The Ever-increasing growth of big data and cost-effectiveness has led to growth in the adoption of software defined data center across various industries, such as retail, BFSI, and telecom & IT. Consequently, the deployment of SDDC across the organizations is anticipated to boost, owing to automate and streamlined software-based data center operations. Nevertheless, the emerging issue of data security is one of the significant restraints faced by software defined data center market.
Key Market Segments
In terms of component, the solution segment accounted for the largest share of the US software defined data center market in 2019. Furthermore, by industry vertical, the IT & telecom segment led the software defined data center market.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the software defined data center market in US are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the software defined data center market report are VMware, Inc, Microsoft Corporation, Juniper Networks Inc., Oracle Corporation, Cisco Systems, Inc, FUJITSU LIMITED, Citrix Systems, Inc, Hewlett Packard Enterprise Development LP (HPE), UnitedPrivateCloud, and Nutanix, Inc.
Reasons to buy report
- To understand the US software defined data center market landscape and identify market segments that are most likely to guarantee a strong return
- To stay ahead of the race by comprehending the ever-changing competitive landscape for the US software defined data center market
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- To help take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments of the US software defined data center market
- To obtain revenue forecast for market by various segments from 2020 to 2027 in the US
US SOFTWARE DEFINED DATA CENTER MARKET SEGMENTATION
Software Defined Data Center Market – by Component
- Solution
- Service
Software Defined Data Center Market – by Industry Vertical
- BFSI
- Retail
- IT & Telecom
- Healthcare
- Others
Company Profiles
- VMware, Inc
- Microsoft Corporation
- Juniper Networks Inc.
- Oracle Corporation
- Cisco Systems, Inc
- FUJITSU LIMITED
- Citrix Systems, Inc
- Hewlett Packard Enterprise Development LP (HPE)
- UnitedPrivateCloud
- Nutanix, Inc.