The Software Defined Data Center Global Market Report 2023, provides comprehensive information on the software defined data center market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Software Defined Data Center Global Market Report 2023, the market size is expected to grow from $53.37 billion in 2022 to $65.53 billion in 2023 at a compound annual growth rate (CAGR) of 22.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the software defined data center is expected to grow to $149.09 billion in 2027 at a CAGR of 22.8%.
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Growing adoption by hyper-scale cloud is a major trend in the software defined data center market. Hyper-scale is about massive scale in computing, typically for big data or cloud computing. Hyperscale infrastructure is designed for horizontal scalability and leads to high-performance levels, throughput, and redundancy to enable fault tolerance and high availability. Hyperscale computing often relies on massively scalable server architectures and virtual networking. Hyperscale cloud solutions deliver the most cost-effective approach to addressing demanding requirements. For instance, in June 2021, Singapore’s sovereign wealth fund GIC private ltd (Government of Singapore Investment Corporation) and Equinix, a US-based company specializing in internet connection and data centers, agreed to invest $3.9 billion to build hyper-scale data centers.
The software defined data center market is segmented:
1) By Type: Software Defined Computing (SDC), Software-Defined Storage (SDS), Software-Defined Data Center Networking (SDDCN), Automation and Orchestration
2) By Component: Hardware, Software, Services
3) By Organization Size: Small And Medium-Sized Enterprises (SMEs), Large enterprises
4) By Vertical: Banking, Financial Services And Insurance (BFSI), Information Technology (IT) And Telecom, Government And Defense, Healthcare, Education, Retail, Manufacturing, Others Verticals
North America was the largest region in the software defined data center market in 2022.
The table of contents in TBRC’s software defined data center market report includes:
- Executive Summary
- Software Defined Data Center Market Characteristics
- Software Defined Data Center Market Trends And Strategies
- Software Defined Data Center Market – Macro Economic Scenario
- Software Defined Data Center Market Size And Growth.
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- Africa Software Defined Data Center Market
- Software Defined Data Center Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Software Defined Data Center Market
- Software Defined Data Center Market Future Outlook and Potential Analysis
- Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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