New York, Sept. 21, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the “Software Defined Data Center Global Market Report 2022” – https://www.reportlinker.com/p06320108/?utm_source=GNW
The global software-defined data center market is expected to grow from $43.51 billion in 2021 to $53.79 billion in 2022 at a compound annual growth rate (CAGR) of 23.64%. The software-defined data center market is expected to reach $124.94 billion in 2026 at a compound annual growth rate (CAGR) of 23.45%.
The software-defined data center (SDDC) market includes sales of software-defined data center services by entities (organizations, independent traders, and partnerships) that refer to a data storage facility where networking , storage, processor and security are all virtualized and offered. as a service. SDDCs are similar to traditional data centers, with a few key differences, including their use of abstraction, virtualization, automation, and resource pooling.
The main types of software-defined data centers are software-defined computing (SDC), software-defined storage (SDS), software-defined data center networking (SDDCN), and automation and networking. ‘orchestration. Software-defined computing refers to an embedded abstraction layer that describes the computing environment as a set of physical and virtual resources that can be dynamically assembled into services by users.
Hardware, software, and services are the components of the software-defined data center. Software-defined data centers are used by small, medium and large enterprises in the banking, financial services and insurance (BFSI), information technology (IT) and telecommunications, government and security industries. defense, healthcare, education, retail, manufacturing and other industries.
Regions covered in the Software Defined Data Center market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle -East and Africa.
The Software Defined Data Center Market research report is part of a series of new reports that provide statistics on the Software Defined Data Center market, including global industry market size Software Defined Data Centers, regional shares, competitors with Software Defined Data Centers market share, detailed Software Defined Data Centers market segments, market trends and opportunities, and any other data including you might need to thrive in the software-defined data center industry. This Software Defined Data Center Market research report provides a comprehensive perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The increasing adoption of digitalization is expected to be a significant driver for the growth of the software-defined data center market. technological advances, push towards digitization of stakeholders, and others.
The increasing adoption of digitalization will generate a huge amount of data that needs to be stored, which will drive the need for software-defined data centers. This need for data centers will create a huge demand for data center services to configure, manage and operate data. centers.
For example, according to a survey of 1,200 CXOs and decision makers in 9 countries by Fujitsu and published in August 2021, during the pandemic, 82% of respondents from offline organizations had accelerated their company’s digital transformation. During the pandemic, digital has become the default way of life and work, forcing organizations to adapt to digitization by creating remote work environments and digitizing customer services.
Hence, increasing adoption of digitalization will drive the software defined data center market.
The growing adoption of hyper-scale cloud is a major trend in the software-defined data center market. Hyper-scale relates to large-scale computing, usually for big data or cloud computing.
Hyperscale infrastructure is designed for horizontal scalability and drives high levels of performance, throughput, and redundancy to enable fault tolerance and high availability. Hyperscale computing often relies on massively scalable server architectures and virtual networks.
Hyperscale cloud solutions offer the most cost-effective approach to meeting the highest demands. For example, in June 2021, the Singaporean sovereign wealth fund GIC private ltd (Government of Singapore Investment Corporation) and Equinix, an American company specializing in Internet connection and data centers, agreed to invest 3.9 billion dollars to build large-scale data centers.
In May 2022, Broadcom Inc., a US-based semiconductor and infrastructure software maker, acquired VMware, Inc for $61 billion. This acquisition will provide enterprise customers with a broader range of critical infrastructure solutions, accelerating innovation and addressing the most complex information technology infrastructure requirements. The combined solutions will provide more options and flexibility to build, run, manage, connect and protect large-scale applications in diverse and distributed environments, wherever they run: from the data center to any cloud and edge computing. VMware, Inc is a United States-based cloud computing and virtualization technology company.
The countries covered in the Software Defined Data Center market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, Korea of the South, the United Kingdom and the United States.
Read the full report: https://www.reportlinker.com/p06320108/?utm_source=GNW
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