PUBLISHER: TechNavio | PRODUCT CODE: 1705148
PUBLISHER: TechNavio | PRODUCT CODE: 1705148
The software-defined storage (SDS) market is forecasted to grow by USD 176842.3 mn during 2024-2029, accelerating at a CAGR of 43.4% during the forecast period. The report on the software-defined storage (SDS) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by surge in cloud adoption, increasing data center investments and data center modernization, and low operational expenditure and simplified management.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 30.9% |
CAGR | 43.4% |
Incremental Value | $176842.3 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's software-defined storage (SDS) market is segmented as below:
By End-user
By Component
By Sector
By Geographical Landscape
This study identifies the rise of hyper-converged technology as one of the prime reasons driving the software-defined storage (SDS) market growth during the next few years. Also, rise in digital transformation and increasing use of software-defined storage in running container environments will lead to sizable demand in the market.
The report on the software-defined storage (SDS) market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading software-defined storage (SDS) market vendors that include Broadcom Inc., Cisco Systems Inc., Citrix Systems Inc., DataCore Software Corp., DataDirect Networks Inc., Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Hitachi Vantara LLC, Huawei Technologies Co. Ltd., International Business Machines Corp., Lenovo Group Ltd., Microsoft Corp., NetApp Inc., Nutanix Inc., Oracle Corp., Pure Storage Inc., Red Hat Inc., Telefonaktiebolaget LM Ericsson, and VMware Inc.. Also, the software-defined storage (SDS) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Exhibits: