Technology SDDC Market Share, Size and Growth 2024

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Software Defined Data Center Market Size, Share, Trend, Analysis,
Industry Outlook and Forecast to 2024 | Hexa Research
"The global software defined data center market size
was valued at USD 26.33 billion in 2016 and is
expected to grow owing to its benefits such as
advances in networking capability, reduction in
storage cost, virtualization and high flexibility."
The global Software Defined Data Center Market is expected to reach USD 259.10 billion by 2024, driven by
its ability to optimize operations through data center management and virtualization capabilities. Besides, it
also offers cost saving advantages, though it involves considerable initial investment.
SDDC delivers a common virtualization infrastructure for computing, storage, and networking in a software
tool. Additional benefits provided by SDDC including data security, control over application accessibility,
reduction in energy consumption and an increase in efficiency.
In 2016, North America dominated the market accounting for 47.6% of the share in 2016, as a relatively large
number of businesses in various verticals had deployed SDDC. The migration towards SDDC is prevalent in
medium to large scale businesses as they strive to reduce their operational expenditure.
Over the forecast period, Asia Pacific region is expected to consolidate its position in the SDDC market
growing at a CAGR of 36.7%, driven on the basis of prevailing adoption by businesses in the region. Much of
growth in the Asia Pacific region is expected to rise from countries such as India and China, where the focus is
on optimizing processes.
Browse Details of Report @ https://www.hexaresearch.com/research-report/software-defined-data-
center-sddc-market
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