Description:
Software-defined data center( SDDC) refers to a data storage facility where all elements of an infrastructure including storage, CPU, networking, and security are virtualized and provided as a service. SDDC leverages virtualization and cloud technology to enable enduser access to all the data center resources through software. Moreover, it primarily aims to deliver intelligent services, improved data management solutions, and standardized hardware platforms. The world SDDC market is expected to grow at a CAGR of 32.0 % during the forecast period.
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SDDCs are rapidly gaining significance among enterprises, owing to their unmatched benefits such as streamlined and automated data center operations. They are provided on a lease basis to end users for storing crucial information that can be remotely accessed. It further eliminates the need to establish own datacenter, which requires huge investment. Therefore, the increase in adoption of SDDC across industries such as government & BFSI, retail, telecom & IT, and healthcare fuels the market growth as it is a cost-effective solution to get automated data center operations with improved security. However, data security threat is one of the key restraints that hampers the growth. In addition, huge demand for dynamic connectivity, primarily in emerging economies, is likely to provide greater opportunities to the market players.
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The world SDDC market is segmented on the basis of network solutions, services, end user, industry vertical, and geography. The network solutions segment is categorized into software-defined compute( SDC), software-defined networking( SDN), and software-defined storage( SDS). The market is further bifurcated by services into consulting & assessment service; integration, deployment & migration service; and managed service. The end user segment covers large-scale, medium-scale, and small-scale enterprises. Moreover, SDDCs are adopted across various industry verticals such as telecom & IT, retail, healthcare, government & BFSI, manufacturing and others( education & media & entertainment, utilities, and transportation).
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Company Profile:
9.1 Citrix Systems, Inc. 9.1.1 Company overview 9.1.2 Company snapshot
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