Software Defined Storage Market Revenue will Reach $17,461.9 Million By 2024
“The demand for software-defined storage solutions is expected to witness a remarkable growth, owing to benefits such as data storage management on cloud-based platforms.�
The software defined storage (SDS) market size is expected to reach USD 17,461.9 million by 2024, according to a new study conducted by Grand View Research, Inc. Access Full Research Report on Global SDS Market: http://www.grandviewresearch.com/industry-analysis/software-defined-storagesds-market The emergence of the Big Data technology is anticipated to impel growth in the global software defined storage market. Technological propagation, coupled with benefits such as high flexibility and cloud storage, is instrumental in keeping the industry prospects upbeat. The technology facilitates the efficient management and control of complex networks through proficient resource data traffic management. The advancements in the cloud technology, its availability, and wider access to cloudbased platforms are favorably impacting the industry. Various enterprises across the globe are experiencing the need for minimizing infrastructure development and data
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storage center costs which are significantly contributing toward theexpansion of the industry. Enterprises across diverse verticals are generating excessive data, creating the need for effective data storage management solutions. SDS solutions offer high agility and robustness to businesses along with cost and time efficiency. The industry is projected witness significant growth in the developing markets of South America and the Asia Pacific regions, owing to thestrong growth of the small-scale industries. The need for improving the efficiency and business processesin data centers is driving the demand for SDS solutions in small and medium-sized enterprises. Further key findings from the study suggest:
The BFSI segment dominated the global software defined storage industry, accounting for over 17% of the market share in 2015. The large-scale data generation in the banking and financial institutions and the need for incessant data availability are leading to the large-scale adoption of SDS solutions in the BFSI sector.
The North American regional market accounted for over 40% of the global revenue share in 2015. The strong presence of software defined storage solution vendors in the region is expected to contribute to the industry growth in the region. Asia Pacific is expected to emerge as the fastest-growing regional market. The rise of small-scale industries in the developing markets of India and China is driving the regional growth.
Small and medium-sized enterprises accounted for over 30% of the global revenue share in 2015. The growth of Small and Medium-Sized Business (SMB) units across the globe, owing to the favorable government initiatives, is substantially driving the demand for SDS solutions among the small and medium-sized enterprises.
The major vendors include Brain Corporation (U.S.), Hewlett-Packard (U.S.), HRL Laboratories, LLC (U.S.), Intel Corporation (U.S.), Numenta, Inc. (U.S.), and Vicarious FPC, Inc. (U.S.). Industry vendors are emphasizing on new product
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developments and forming technology alliances to gain a competitive edge in the industry. Grand View Research has segmented the global software defined storage market on the basis of application, company size, and region: Read Our Blogs on Reports from this category By Grand View Research: http://www.grandviewresearch.com/blogs/technology Table of Content of Global Solar Pumps Market Research Report: Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumption 1.3. List of Data Sources Chapter 2. Executive Summary 2.1. Software defined storage - Industry snapshot & key buying criteria, 2016 - 2024 Chapter 3. Software Defined Storage Industry Outlook 3.1. Market segmentation 3.2. Market size and growth prospects 3.3. Software defined storage value chain analysis 3.3.1. Vendor landscape 3.4. Software defined storage market dynamics 3.4.1. Software defined storage investment scenario 3.4.2. Market driver analysis 3.4.2.1. Increasing need to reduce cost 3.4.2.2. Growing need to optimize storage 3.4.2.3. Overcomes vendor lock-in issue 3.4.3. Market restraint analysis 3.4.3.1. System integration 3.5. Key opportunities prioritized 3.6. Industry analysis - Porter's 3.7. Software defined storage - Key competitor analysis, 2015
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3.8. Software defined storage market strategy overview, 2015 3.9. Software defined storage regional adoption, 2015 3.10. Software defined storage market PESTEL analysis, 2015 Chapter 4. Software Defined Storage Application Outlook 4.1. BFSI 4.1.1. Global market estimates and forecasts, 2014 - 2024 4.1.2. Education 4.1.2.1. Global market estimates and forecasts, 2014 - 2024 4.1.3. IT service 4.1.3.1. Global market estimates and forecasts, 2014 - 2024 4.1.4. Government 4.1.4.1. Global market estimates and forecasts, 2014 - 2024 4.1.5. Manufacturing 4.1.5.1. Global market estimates and forecasts, 2014 - 2024 4.1.6. Healthcare 4.1.6.1. Global market estimates and forecasts, 2014 - 2024 4.1.7. Others 4.1.7.1. Global market estimates and forecasts, 2014 - 2024 Chapter 5. Software Defined Storage Company Size Outlook 5.1. Small & medium enterprises 5.1.1.Global market estimates and forecasts, 2014 - 2024 5.1.2. Large enterprises 5.1.2.1. Global market estimates and forecasts, 2014 - 2024 Chapter 6. Software Defined Storage Regional Outlook 6.1. North America 6.1.1. Software defined storage market by application, 2014 - 2024 6.1.2. Software defined storage market by company size, 2014 - 2024 6.1.3. U.S. 6.1.3.1. Software defined storage market by application, 2014 2024 6.1.3.2. Software defined storage market by company size, 2014 2024 6.1.4. Canada 6.1.4.1. Software defined storage market by application, 2014 2024
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6.1.4.2. Software defined storage market by company size, 2014 2024 6.1.5. Mexico 6.1.5.1. Software defined storage market by application, 2014 2024 6.1.5.2. Software defined storage market by company size, 2014 2024 6.2. Europe 6.2.1. Software defined storage market by application, 2014 - 2024 6.2.2. Software defined storage market by company size, 2014 - 2024 6.2.3. Germany 6.2.3.1. Software defined storage market by application, 2014 2024 6.2.3.2. Software defined storage market by company size, 2014 2024 6.2.4. UK 6.2.4.1. Software defined storage market by application, 2014 2024 6.2.4.2. Software defined storage market by company size, 2014 2024 6.3. Asia Pacific 6.3.1. Software defined storage market by application, 2014 - 2024 6.3.2. Software defined storage market by company size, 2014 - 2024 6.3.3. China 6.3.3.1. Software defined storage market by application, 2014 2024 6.3.3.2. Software defined storage market by company size, 2014 2024 6.3.4. India 6.3.4.1. Software defined storage market by application, 2014 2024 6.3.4.2. Software defined storage market by company size, 2014 2024 6.3.5. Japan 6.3.5.1. Software defined storage market by application, 2014 -
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2024 6.3.5.2. Software defined storage market by company size, 2014 2024 6.4. South America 6.4.1. Software defined storage market by application, 2014 - 2024 6.4.2. Software defined storage market by company size, 2014 - 2024 6.4.3. Brazil 6.4.3.1. Software defined storage market by application, 2014 2024 6.4.3.2. Software defined storage market by company size, 2014 2024 6.5. MEA 6.5.1. Software defined storage market by application, 2014 - 2024 6.5.2. Software defined storage market by company size, 2014 - 2024 Chapter 7. Competitive Landscape 7.1. Cisco Systems, Inc. 7.1.1. Revenue Analysis 7.1.2. Technology Benchmarking 7.1.3. Strategic Development 7.2. DataCore 7.2.1. Revenue Analysis 7.2.2. Technology Benchmarking 7.2.3. Strategic Development 7.3. Dell 7.3.1. Revenue Analysis 7.3.2. Technology Benchmarking 7.3.3. Strategic Development 7.4. EMC Corporation 7.4.1. Revenue Analysis 7.4.2. Technology Benchmarking 7.4.3. Strategic Development 7.5. Hitachi Data Systems 7.5.1. Revenue Analysis 7.5.2. Technology Benchmarking 7.5.3. Strategic Development
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7.6. HP 7.6.1. Revenue Analysis 7.6.2. Technology Benchmarking 7.6.3. Strategic Development 7.7. IBM Corporation 7.7.1. Revenue Analysis 7.7.2. Technology Benchmarking 7.7.3. Strategic Development 7.8. Intel 7.8.1. Revenue Analysis 7.8.2. Technology Benchmarking 7.8.3. Strategic Development 7.9. Microsoft Corporation 7.9.1. Revenue Analysis 7.9.2. Technology Benchmarking 7.9.3. Strategic Development 7.10. NetApp Inc. 7.10.1. Revenue Analysis 7.10.2. Technology Benchmarking 7.10.3. Strategic Development 7.11. Nexenta System, Inc. 7.11.1. Revenue Analysis 7.11.2. Technology Benchmarking 7.11.3. Strategic Development 7.12. Pivot3 7.12.1. Revenue Analysis 7.12.2. Technology Benchmarking 7.12.3. Strategic Development 7.13. RedHat 7.13.1. Revenue Analysis 7.13.2. Technology Benchmarking 7.13.3. Strategic Development 7.14. SwiftStack 7.14.1. Revenue Analysis 7.14.2. Technology Benchmarking
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7.14.3. Strategic Development 7.15. VMware, Inc. 7.15.1. Revenue Analysis 7.15.2. Technology Benchmarking 7.15.3. Strategic Development
About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email: sales@grandviewresearch.com For More Information – http://www.grandviewresearch.com/
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