Wednesday, February 19, 2020

Software Defined Storage (SDS) Market Size & Forecast Report, 2024


20th February 2020 – The Software Defined Storage (SDS) Market report provides in-depth analysis and insights into developments impacting businesses and enterprises on global and regional level. The study covers the global Software Defined Storage (SDS) Market presentation regarding revenue contribution from multiple segments and covers a comprehensive analysis of key market trends, drivers, restraints, and opportunities influencing revenue growth of the industry. This research report studies the market size, industry status and forecast, competition landscape and growth opportunities.

The global Software Defined Storage (SDS) Market is expected to value at USD 17,461.9 million by 2024. The software defined storage industry is subject to witness a substantial growth due to the rise of technologies such as Big Data and cloud technology. Additionally, technological proliferation and enhanced flexibility provided by software defined storage (SDS) solutions are driving market growth in the recent years.


Software defined storage solutions offer enhanced analytics and management for complex networks with the help of improved data traffic monitoring and resource management. Globally, the software defined storage market is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

The large chunk of the data is generated in short amount of time, which needs to stored and processed, for enriching consumer experience. Use of the software defined storage (SDS) offer dependable, faster, secure and flexible solutions alongside providing enhancing user experience; due to which large number of market players are investing in the research and development of the data storage to achieve required results and extended benefits.

The software defined storage (SDS) units allow highly efficient business processing capability. The factors such as lower prices of solid-state devices, high-level functionality, numerous cost benefits of the solid-state devices, and extended life span of the data storage devices are attributing to the growth of the market.

Some of the major objectives of this report:
·         To present detailed analysis of the market structure along with forecast of the various segments and sub-segments of global Software Defined Storage (SDS) Market.
·         To provide insights about factors affecting the market growth. To analyze the Software Defined Storage (SDS) Market based on various factors- price analysis, supply chain analysis, porter five force analysis etc.
·         To provide historical and forecast revenue of the Software Defined Storage (SDS) Market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World.
·         To provide country level analysis of the market for segment by application, product type and sub-segments.
·         Trace and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product evolutions, and research and developments in the Market.
·         To present strategic profiling of key players in the market, comprehensively analyzing their basic capabilities.

Some of the Major Market Players Are:
OpenText Co., Microsoft Co., IBM Co., EMC Co., Hitachi Data Systems, Inc., Hewlett-Packard Enterprise, VMware, Inc., Amplidata Inc., NetApp, Inc., and Nexenta Systems, Inc.

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