Software Defined Storage Market, By Software Type (SDS Server, SDS Controller Software, Data Securit

Published Date: | Report Code : IT1950618

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Increasing demand from IT & Telecom, Manufacturing, Healthcare, and other industries for various applications is expected to drive the market growth of the Software Defined Storage Market during the forecast period.

With the rising amount of unstructured data in various enterprises, there is a need for a storage model that is both reliable and secure. Storage Defined Software (SDS) is one of the trending technologies in the enterprise storage market. SDS virtualizes the storage to separate hardware from the software that is managing it. The usage of SDS has resulted in improved performance and flexibility and also optimization of the storage cost.

Segment Analysis:

This software defined storage market has been segmented on the basis of software type, service, application, and end-user. On the basis of software type, the market has been divided into the SDS server, SDS controller software, data security, and data management. On the basis of service, the market has been segmented into deployment & testing, security, and support.

Based on application, the software defined storage market has been segmented into data backup & disaster recovery, storage provisioning, surveillance, and others. Based on end-user, the software defined storage market has been divided into BFSI, IT & telecom, government, education, healthcare, manufacturing, and others. Currently, the IT & telecom segment is leading the market, as there is always a need to efficiently manage high amounts of data produced in this sector. Moreover, as the BFSI sector is undergoing digital transformation, it is expected to grow at a fast pace.

As there has been a growth in the number of IT companies in the APAC region, the software defined storage market is expected to witness significant growth in the region.

Key Factors Impacting Market Growth:

  • Awareness to adopt reliable data storage programs
  • Increase in cost optimization in reducing hardware
  • Increase in cloud-based infrastructure
  • Lack of skilled technicians 

Regional Outlook: 

By region, the software defined storage market is estimated to be dominated by North America, Western Europe, and the Asia Pacific during the forecast period. With technological advancements and a cluster of global companies operating in these regions, these regions hold key to the growth and development of software defined storage markets during the forecast period. Most of the leading companies have operations in these regions to cater to the potential end-users in the respective region. The North America software defined storage market is further segmented by the US, Canada, and Mexico, whereas Germany, UK, France, Italy are estimated to be some of the major markets in Western Europe. Asia Pacific region is segmented by China, Japan, South Korea, India, and Australia. The Middle East and Eastern Europe are estimated to be potential markets with growing demand during the forecast period. Major countries in these regions include Russia, UAE, Saudi Arabia, Israel, and others.

Companies Covered: NetApp Inc., IBM, Oracle Corporation, Microsoft Corporation, HP, RedHat Inc., Cisco, Fujitsu Limited, Genetec Inc., VMWare Inc., and Hitachi Data Systems

Market Segmentation:

By Software Type:

  • SDS Server
  • SDS Controller Software
  • Data Security
  • Data Management 

By Service:

  • Deployment & Testing
  • Security
  • Support

 By Application:

  • Data Backup & Disaster Recovery
  • Storage Provisioning
  • Surveillance
  • Others 

By End User:

  • BFSI
  • IT & Telecom
  • Government
  • Education
  • Healthcare
  • Manufacturing
  • Others 

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Software Type
    • By Service
    • By Application
    • By End-User
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Software Type
    • By Service
    • By Application
    • By End-User
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Software Type
    • By Service
    • By Application
    • By End-User
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Software Type
    • By Service
    • By Application
    • By End-User
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Software Type
    • By Service
    • By Application
    • By End-User
  • Rest of the World
    • By Region (South America, Africa)
    • By Software Type
    • By Service
    • By Application
    • By End-User

Reasons to Buy This Report:

  • Market size estimation of the global software defined storage market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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