Companiesandmarkets.com

Global SDDC market: Key players include VMware, HP and IBM

Press release   •   Aug 14, 2013 11:19 BST

The global SDDC market (Software Defined Data Center) is estimated to have reached a value of around $396.1 million at the beginning of 2013, and is forecast to grow to a total of $5.41 billion by 2018. This suggests a CAGR growth rate of 68.7% between 2013 and 2018. In the current scenario, telecommunication service providers continue to be the largest user for SDDC solutions followed by cloud service providers. In terms of regions, North America is expected to be the biggest market, while Asia-Pacific (APAC) is expected to grow at a significantly faster pace in the coming years.

Increasing use of internet and networking globally has significantly augmented the demand for more storage space, computing power and complex networking. This demand has given rise to scaling up of infrastructure in the existing data centers, thus increasing the capital expenditure and operating expenditure for data centers and the enterprises. This scaling up has also increased the complexity in networking, unification and pooling of resources in data centers.

To overcome these issues of rising demand for resource pooling, simplification in networking and overall management of data centers; innovators have come up with the sophisticated concept of Software Defined Data Centers (SDDC's). This concept helps traditional data center users to scale up their existing infrastructure seamlessly, thereby resulting in reduced overheads. This also helps in unification of server storage and networking, along with simplified management of all resources. SDDC helps to overcome the obstacles of scalability, flexibility, manageability, and reduced costs, which is in turn helping enterprises and service providers in managing their existing data centers and networks.

For more information on the Global SDDC market, please click here: Global SDDC market

Follow us on Twitter now @CandMResearch

Companiesandmarkets.com issues news updates and report summaries covering all major industries and sectors. The service provides additional client monitoring and timely alerts to breaking industry and sector news leading the day's business headlines. News articles, written by our staff, contain additional analyst insight, providing value added insight for our readers. News updates and real-time alerts on newly-released market reports are also available from our Facebook page, Twitter feed @CandMResearch and RSS links. We also welcome inquiries from business journalists and the news media.