Market Overview:
The global software defined storage (SDS) solutions market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based SDS solutions and the growing need for data center consolidation and modernization. The other major drivers for this market include the increasing adoption of big data and analytics, rising trend of IoT, and growing demand for hybrid cloud deployments. On the basis of type, the global SDS solutions market can be segmented into cloud-based SDS solutions and on-premises SDS solutions. Cloud-based SDS solutions are further subsegmented into public cloud services, private cloud services, and hybrid clouds. On-premises SDS Solutions are further subsegmented into hardware appliances/servers running proprietary software stacks or open source software stacks such as OpenStack Swift or CephFS). By application, BFSI sector is expected to account for a major share of the global SDS solution market during the forecast period owing to increased adoption of big data analytics by banks in order to improve their customer experience levels.
 Solutions Industry Outlook.svg)
Product Definition:
Software Defined Storage (SDS) is a storage management technology that enables the pooling of storage resources from multiple servers and devices into a single logical unit, making them more manageable and easier to use. SDS solutions also provide flexibility by allowing administrators to provision storage on-demand in response to changing business needs.
Cloud Based:
Cloud-based storage is a service model in which data is stored on remote servers using software technology. The cloud can be defined as a set of networks and servers that provide shared space for the storage and retrieval of digital information. Cloud computing involves sharing information across multiple computers connected over the internet, allowing users to access the information from any location through web browsers or application programs.
On Premises:
On Premises (OP) is a term used for storage that is located on the customer premises. It can be used in various types of solutions such as software defined storage, cloud based storage, and local area network attached storages. In SDS solutions, OPSTORES are combined with an external or internal network to provide a high performance solution at an economical cost.
Application Insights:
The Banking, Financial Services and Insurance (BFSI) sector accounted for the largest revenue share in 2016. The BFSI industry is one of the leading adopters of SDS solutions as they offer cost-effective alternatives to store data that are required to be kept secure. The growing need for managing voluminous data generated by digitalization and the increasing demand from customers are some of the key factors driving this segment.
Telecom was another prominent application segment in 2016, where SDS solutions are used to store network architecture designs, software applications & operating systems files along with other related documentation. This has led telecom operators across various regions to adopt SDS platforms as they offer a reliable storage solution at an affordable price without compromising on security or reliability requirements.
Other industries such as healthcare.
Regional Analysis:
The North American region dominated the market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing investments in data centers, advancements in networking technologies, and rising demand for high-performance computing facilities. Moreover, presence of key players such as Nutanix Inc., Scale Computing Corporation; VMware, Inc.; Hewlett Packard Enterprise Development LP; Cisco Systems, Inc.; Oracle Corporation; Microsoft Corporation; Red Hat LLC; and Google LLC has contributed significantly towards regional growth.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing adoption of software defined storage solutions by enterprises for storing massive amounts of digital data with low maintenance costs along with growing cloud based services industry across countries such as China & India & Australia etc. Furthermore growing number of hyperscale datacenters that are being built across Asia Pacific region will also contribute towards market development during the forecast period from 2018 To 2030 (please see Figure 2).
Growth Factors:
- Increasing demand for big data and analytics: The need for faster, more efficient ways to store and manage ever-growing volumes of data is fueling the growth of the software defined storage market. SDS solutions offer an ideal platform for big data and analytics initiatives by providing greater flexibility, scalability, and performance than traditional storage solutions.
- Proliferation of cloud computing: As businesses move more applications and workloads to the cloud, they are increasingly turning to SDS solutions to help them manage their growing storage needs. SDS enables businesses to easily scale their storage capacity up or down as needed, making it an ideal solution for cloud-based deployments.
- Emergence of new technologies: The rapid growth in digital content has led to the development of new technologies that require high-performance storage capabilities such as artificial intelligence (AI), virtual reality (VR), and augmented reality (AR). SDS solutions are well suited for these emerging technologies, providing the performance and scalability needed to support them effectively.
- Growing popularity of hyperconverged infrastructure: Hyperconverged infrastructure is a type of integrated system that combines compute, networking, virtualization resources, management software ,and Storage Area Networking into a single appliance . This approach delivers many benefits over traditional SAN or NAS architectures including improved agility , simplified management ,and reduced costs . As a result ,the useofhyperconvergedinfrastructureisgrowing rapidlyandSDSsolutionsareoftenpart
Scope Of The Report
Report Attributes
Report Details
Report Title
Software Defined Storage (SDS) Solutions Market Research Report
By Type
Cloud Based, On Premises
By Application
BFSI, Government, Healthcare, Telecom, Other
By Companies
IBM, Cisco, Dell EMC, Red Hat, Nutanix, SwiftStack, StorPool Storage, Vexata, Scality, Hedvig, DataCore Software
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Software Defined Storage (SDS) Solutions Market Report Segments:
The global Software Defined Storage (SDS) Solutions market is segmented on the basis of:
Types
Cloud Based, On Premises
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
BFSI, Government, Healthcare, Telecom, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IBM
- Cisco
- Dell EMC
- Red Hat
- Nutanix
- SwiftStack
- StorPool Storage
- Vexata
- Scality
- Hedvig
- DataCore Software
 Solutions Market Overview.svg)
Highlights of The Software Defined Storage (SDS) Solutions Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud Based
- On Premises
- By Application:
- BFSI
- Government
- Healthcare
- Telecom
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Software Defined Storage (SDS) Solutions Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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 Solutions Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Software Defined Storage (SDS) Solutions are a type of storage that is managed by software. This means that the storage is not physically located on a server, but instead it resides in some sort of virtual or cloud-based environment. This makes it possible to scale up or down the amount of storage as needed, without having to reconfigure any hardware. Additionally, SDS solutions can be used for a variety of purposes other than just storing data, such as serving as an application platform or providing disaster recovery capabilities.
Some of the major players in the software defined storage (sds) solutions market are IBM, Cisco, Dell EMC, Red Hat, Nutanix, SwiftStack, StorPool Storage, Vexata, Scality, Hedvig, DataCore Software.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Software Defined Storage (SDS) Solutions Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Software Defined Storage (SDS) Solutions Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Software Defined Storage (SDS) Solutions Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Software Defined Storage (SDS) Solutions Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Software Defined Storage (SDS) Solutions Market Size & Forecast, 2018-2028
4.5.1 Software Defined Storage (SDS) Solutions Market Size and Y-o-Y Growth
4.5.2 Software Defined Storage (SDS) Solutions Market Absolute $ Opportunity
Chapter 5 Global Software Defined Storage (SDS) Solutions Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Software Defined Storage (SDS) Solutions Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 On Premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Software Defined Storage (SDS) Solutions Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Software Defined Storage (SDS) Solutions Market Size Forecast by Applications
6.2.1 BFSI
6.2.2 Government
6.2.3 Healthcare
6.2.4 Telecom
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Software Defined Storage (SDS) Solutions Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Software Defined Storage (SDS) Solutions Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Software Defined Storage (SDS) Solutions Analysis and Forecast
9.1 Introduction
9.2 North America Software Defined Storage (SDS) Solutions Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Software Defined Storage (SDS) Solutions Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 On Premises
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Software Defined Storage (SDS) Solutions Market Size Forecast by Applications
9.10.1 BFSI
9.10.2 Government
9.10.3 Healthcare
9.10.4 Telecom
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Software Defined Storage (SDS) Solutions Analysis and Forecast
10.1 Introduction
10.2 Europe Software Defined Storage (SDS) Solutions Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Software Defined Storage (SDS) Solutions Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 On Premises
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Software Defined Storage (SDS) Solutions Market Size Forecast by Applications
10.10.1 BFSI
10.10.2 Government
10.10.3 Healthcare
10.10.4 Telecom
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Software Defined Storage (SDS) Solutions Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Software Defined Storage (SDS) Solutions Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Software Defined Storage (SDS) Solutions Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 On Premises
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Software Defined Storage (SDS) Solutions Market Size Forecast by Applications
11.10.1 BFSI
11.10.2 Government
11.10.3 Healthcare
11.10.4 Telecom
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Software Defined Storage (SDS) Solutions Analysis and Forecast
12.1 Introduction
12.2 Latin America Software Defined Storage (SDS) Solutions Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Software Defined Storage (SDS) Solutions Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 On Premises
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Software Defined Storage (SDS) Solutions Market Size Forecast by Applications
12.10.1 BFSI
12.10.2 Government
12.10.3 Healthcare
12.10.4 Telecom
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Software Defined Storage (SDS) Solutions Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Software Defined Storage (SDS) Solutions Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Software Defined Storage (SDS) Solutions Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 On Premises
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Software Defined Storage (SDS) Solutions Market Size Forecast by Applications
13.10.1 BFSI
13.10.2 Government
13.10.3 Healthcare
13.10.4 Telecom
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Software Defined Storage (SDS) Solutions Market: Competitive Dashboard
14.2 Global Software Defined Storage (SDS) Solutions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IBM
14.3.2 Cisco
14.3.3 Dell EMC
14.3.4 Red Hat
14.3.5 Nutanix
14.3.6 SwiftStack
14.3.7 StorPool Storage
14.3.8 Vexata
14.3.9 Scality
14.3.10 Hedvig
14.3.11 DataCore Software
