Global Software-Defined Storage(SDS) Market by Type (SDS Server, Data Security and Compliance Software, SDS Controller Software, Data Management, Storage Hypervisor), By Application (Surveillance, Data backup and Disaster Recovery, Storage Provisioning and High Availability, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global software-defined storage (SDS) market is expected to grow from USD 2.02 billion in 2018 to USD 11.48 billion by 2030, at a CAGR of 24.5% during the forecast period. The growth of the SDS market is attributed to the increasing demand for data center consolidation and modernization, growing need for reducing TCO and improving efficiency, and rising trend of cloud computing. However, lack of awareness about SDS among end users may restrain the growth of this market during the forecast period. Based on type, the SDS server segment is expected to hold a larger share of the global SDS market in 2018.



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Product Definition:

Software-defined storage is a technology that allows you to manage your storage infrastructure through software. This means that you can control things like how much storage each application can use, how data is stored and accessed, and the level of security for each piece of data.

One of the benefits of using software-defined storage is that it makes it easier to provision new applications with the right amount of storage they need. It also helps improve performance and scalability, because you can add more resources (like CPU or memory) as needed without having to reconfigure your entire system. Additionally, SDS provides greater flexibility when it comes to storing data in different locations or formats.

SDS Server:

SDS server is a software-defined storage server that helps in managing and deploying storage infrastructure. It provides an API (Application Programming Interface) based framework to manage all the functions such as creation, management, monitoring and control of pools or arrays. SDS servers can be used with Fibre Channel Switches FC switches or Ethernet switches to provide greater flexibility when compared to traditional standalone storage servers.

Data Security and Compliance Software:

Data security and compliance software are used in Software-Defined Storage (SDS) market to ensure that the organizations complies with data security and privacy regulations such as GDPR, HIPAA, PCI DSS, etc. The companies operating in SDS market have increased their revenue by offering solutions for data protection and compliance management.

Application Insights:

The data backup and disaster recovery segment dominated the overall industry in terms of revenue share in 2017. The growth can be attributed to the increasing demand for cloud-based applications, which has resulted in a substantial increase in the amount of data stored on remote servers. In case of any server failure or downtime, it becomes important to ensure business continuity by replicating all critical data across multiple sites. Thus, SDS solutions are widely used for backing up and restoring mission-critical applications across various industries such as healthcare, financial services, retail and e-commerce among others.

Surveillance application is anticipated to grow at a lucrative CAGR during the forecast period owing to its rising adoption across government agencies and private organizations for monitoring large volumes of digital surveillance activities that require long term storage over several years without affecting system performance or resources on premise.

Regional Analysis:

The North American region dominated the global market in 2017. The growth can be attributed to the presence of prominent players such as Nutanix, Inc.; Scale Computing, Inc.; and VMware, Inc. These companies are actively working on expanding their geographical reach by entering into partnerships with regional SDS providers as well as OEMs. For instance, in November 2018, Scale Computing entered into a partnership with DXC Technology Company to expand its cloud-based software-defined storage solution portfolio for data centers across the globe.

Asia Pacific is expected to emerge as one of the lucrative regions over the forecast period owing to increasing adoption of digital services and rapid technological advancements across various industries such as healthcare & life sciences; IT & telecom; BFSI; retail & ecommerce; automotive etc., which require high volumes of data storage solutions at low costs along with high availability requirements for critical business applications and information systems that need continuous access throughout their lifecycle from development through production phase or during deployment phases respectively.

Growth Factors:

Increased 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 offers an ideal solution for managing big data, as it can quickly provision storage capacity on demand and adapt to changing needs.
Proliferation of cloud computing: As businesses move more applications and workloads to the cloud, they are increasingly looking for solutions that can help them manage these environments effectively. SDS is well suited for this task, as it enables organizations to easily pool resources across multiple clouds and create a unified storage infrastructure.
Emergence of new technologies: The rapid pace of innovation in the technology sector is driving demand for SDS solutions that can keep pace with new developments such as artificial intelligence (AI), Internet of Things (IoT) and 5G networking. By providing a flexible platform that can accommodate evolving technologies, SDS helps organizations stay ahead of the curve in terms of innovation potential .


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Scope Of The Report
Report Attributes
Report Details
Report Title
Software-Defined Storage(SDS) Market Research Report
By Type
SDS Server, Data Security and Compliance Software, SDS Controller Software, Data Management, Storage Hypervisor
By Application
Surveillance, Data backup and Disaster Recovery, Storage Provisioning and High Availability, Others
By Companies
Atlantis Computing, Datacore Software, Ericsson, Intel, Maxta, Microsoft, Nexenta System, Nutanix, Pivot3, Swiftstack
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
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.

Global Software-Defined Storage(SDS) Market Report Segments:
The global Software-Defined Storage(SDS) market is segmented on the basis of:
Types
SDS Server, Data Security and Compliance Software, SDS Controller Software, Data Management, Storage Hypervisor
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
Surveillance, Data backup and Disaster Recovery, Storage Provisioning and High Availability, Others
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:
Atlantis Computing
Datacore Software
Ericsson
Intel
Maxta
Microsoft
Nexenta System
Nutanix
Pivot3
Swiftstack



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Highlights of The Software-Defined Storage(SDS) 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:
SDS Server
Data Security and Compliance Software
SDS Controller Software
Data Management
Storage Hypervisor
By Application:
Surveillance
Data backup and Disaster Recovery
Storage Provisioning and High Availability
Others
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) 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.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



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

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