Market Report Study Software Defined Data Center (SDDC) Market Global | Page 2

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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