Software-defined Data Center Market to Reach $77.18Bn in 2020
FREMONT, CA: Software-defined data center (SDDC) market is expected to grow from $21.78Bn in 2015 to $77.18Bn in 2020 at a CAGR of 28.8 percent from 2015 to 2020 says the latest report from MarketsandMarkets. The rise and rise of the digital world is expected bare tremendous pressure on enterprises to manage IT resources and data centers shifting their focus towards SDDC.
The largest driving factor for greater SDDC adoption is cost benefits. The other benefits include simplified resource management and use of policies to control the access to the resources within the data center environment.
The report is further classified into SDDC by solution such as Software-defined networking (SDN), Software-defined Compute (SDC), Software-defined Storage (SDS), and applications. Among these SDC is expected to be a major factor in the growth of SDDC market. As more data is generated and the growth trajectory only goes skywards, massive computing power is critical to ensure data is not wasted.
SDDC offers comprehensive software defined infrastructure that can be managed easily. Enterprises can control and mange their active data centers and networking by reducing operating cost while reaping the benefits such as flexibility and scalability. It offers policy-driven storage provisioning and the use of virtual volumes can significantly bring down the costs. SDN on the other hand brings the power of open source networking breaking the fetters of vendor lock-in and opening up new opportunities in curtailing expenditure while gaining transparent and programmable networks.