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Software Defined Storage Market - BFSI Industry to Hold Leading Share in Global Market

Global market is projected to be worth US$48.18 bn by 2025 ,software defined storage market is projected to progress at a CAGR of 29.2% during the for
Alex Gabriel | 17.07.2017
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Global Software Defined Storage Market: Overview

The report covers the analysis and forecast of the software defined storage market on a global and regional level. The study provides historic data of 2016 along with the forecast for the period between 2017 and 2025 based on revenue (US$ Bn).

A comprehensive analysis of the market dynamics that is inclusive of market drivers, restraints and opportunities is included in the purview of the report. Additionally, the report includes potential opportunities in the software defined storage market on the global and regional level. Market dynamics are the factors which impact the market growth, thereby helping to understand the ongoing trends of the global market. Therefore, the report provides the forecast of the global market for the period from 2017 to 2025, along with offering an inclusive study of the software defined storage market.

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Global Software Defined Storage Market: Segmentation

The study provides a comprehensive view of the software defined storage market by segmenting it based on usage, software and end-user. By usage, the software defined storage market has been segregated into data back up and disaster recovery, surveillance, storage provisioning and others. By software, the software defined storage market is segregated by SDS server, SDS controller software, data security, data management and others. On the basis of end-user industries, the software defined storage is segmented into BFSI, telecom, manufacturing, education, media and entertainment, healthcare, high tech and others.

Demand for software defined storage has been derived by analyzing the global and regional demand for software defined storage in each end-user industries for its respective functions. The global software defined storage market has been analyzed based on expected demand. Forecasts have been based on the expected demand from software defined storage end-user industries. We have used the bottom-up approach to estimate the global revenue of software defined storage market, split into regions. Based on end-user industries, we have summed up the individual revenues from all the regions to achieve the global revenue for software defined storage. The end-user industries split of the market has been derived using a bottom-up approach for each regional market separately, with the global application segment split being an integration of regional estimates. In the absence of specific data related to the sales of software defined storage of several privately held companies, calculated assumptions have been made in view of the company’s product portfolio and regional presence along with the demand for products in its portfolio.

Global Software Defined Storage Market: Regional Outlook

Regional segmentation includes the current and forecast demand for North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. These have been further sub-segmented into countries and regions with relevance to the market. The segmentation also includes demand for individual product and applications in all regions.

The report provides the size of the software defined storage market in 2016 and the forecast for the next nine years up to 2025. The size of the global software defined storage market is provided in terms of revenue. Market revenue is defined in US$ Bn. The market size and forecast for each application segment are provided in the context of global and regional markets. Numbers provided in this report are derived based on demand generated from different applications. Market dynamics prevalent in North America, Europe and Asia-Pacific have been taken into account for estimating the growth of the global market.

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The competitive profiling of the key players in the global software defined storage market across five broad geographic regions is included in the study. These include different business strategies adopted by the leading players and their recent developments as in the field of software defined storage.

Key Players Mentioned in this Report are:

The major players in the software defined storage market are VMWare, Inc., Dell EMC, Oracle Corporation, Microsoft Corporation, International Business Machines Corporation, Dell Inc., NetApp, Inc., Hitachi Data Systems Corporation, Hewlett-Packard Enterprise and Cisco Systems, Inc.