This market research information includes a detailed segmentation of the global software defined anything market by technology (software-defined data center, software-defined storage, and software-defined networking). It also outlines the market shares for key regions such as the Americas, APAC, and EMEA. The leading vendors analyzed in this report are Cisco, Citrix, EMC2, HP, IBM, Microsoft, and VMware.
Technavio has released a new market research report on the global SDx market, which is expected to generate revenues of $31 billion between 2016 and 2020. The shift to virtualization is the primary growth driver for this market. Companies are increasingly adopting SDx as it provides a lean business model to minimize costs by automating the process control and replacing traditional hardware with software. The Americas is the largest market for SDx, accounting for 55% of the total market share. The growing adoption of SDS technology by the North American firms to enhance their business process and efficiency will lead to the high growth of this market segment during the forecast period.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“Owing to the complexity of network management in organizations, several firms are adopting software-defined networking solutions to instil agility and simplicity and reduce the total cost of ownership. With the help of software-defined networking solutions, firms can reap the benefits of reduced network provisioning time, simplified network environment, reduced service costs, and enhanced network management efficiency,” says Amit Sharma, Lead Analyst, ICT, Technavio Research.
Technavio market research analysts have estimated the SDN segment to be the fastest growing market segment during the predicted period. The recent increase in the incorporation of SDN in both public and private sectors due to growing demand for Big Data, BYOD, and cloud computing technologies will lead to the augmented demand for SDN technology during the forecast period
The leading vendors in the global SDx market include Cisco, Citrix, EMC2, HP, IBM, Microsoft, and VMware. The vendors are consistently investing in the development of SDx technology due to the rapid increase in demand for software-defined solutions from clients and other customers in the market. Due to the high level of competition this market, many vendors are now focusing on acquiring small companies as it will help them to increase their product portfolio and virtualization offerings.
A more detailed analysis is available in the Technavio report, Global SDx Market 2016-2020.
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