Global software defined data center market: 97.5% CAGR growth forecast between 2014-18
Global Software Defined Data Center (SDDC) Market 2014-2018 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-26 09:59:01
The Global Software Defined Data Center market is to grow at a CAGR of 97.48 percent over the period 2014-2018. One of the key factors contributing to this market growth is the increasing demand for cloud computing. The Global Software Defined Data Center market has also been witnessing the increasing growth of structured and unstructured data. However, the uncertainty in the market due to early adoption stages of SDDC could pose a challenge to the growth of this market.
Enterprises are witnessing rapid increases in data growth especially in unstructured data volume. Structured data has a pre-defined data structure whereas unstructured data has no specific internal data structure. Examples of structured data include databases such as IBM´s DB2 and Oracle Database. Examples of unstructured data include documents, audio files, and video files. Enterprise applications generate large volumes of information, and this is expected to continue in the future. The majority of corporate data sources include data generated from enterprise applications, along with newly generated cloud-based data, social network data, and device data. This data must be accessible as part of or as an extension to the corporate information framework, and it should be made available for analysis and decision making in an easy and secure way. This results in an increase in the significance of effectively managing storage resources.
Among the numerous growth drivers for the Global SDDC market, increasing demand of cloud computing is the major growth driver. Cloud services help in cost-effective performance and increase productivity. Enterprises are increasingly embracing both public and private cloud computing services.
One of the main challenges is uncertainty in the market due to early adoption stages of SDDC. SDDC is currently in its early adoption stages and pilot testing phases. Many vendors are still running beta projects on the technology and others are planning to enter the market in the near future. Many enterprises are waiting to see initial testing results, and the number of technological deployments is still relatively low.
The key vendors dominating this market space are Cisco Systems Inc., Hewlett-Packard Co., IBM Corp., NEC Corp., and VMware Inc.
Other vendors are Adara Networks Inc., Arista Networks Inc., AT&T Inc., Big Switch Networks Inc., Broadcom Corp., Brocade Communications Systems Inc., Chipstart LLC, Citrix Systems Inc., Cumulus Networks Inc., Dell Inc., Deutsche Telekom AG, Embrane Inc., Enterasys Networks Inc., Extreme Networks Inc., Google Inc., Infoblox Inc., Intel Corp., IP Infusion, Juniper Networks Inc., Linerate Systems, Metaswitch Networks, Midokura, Netgear Inc., Netronome Systems Inc., NTT Communications Corp., Pertino Networks, Pica8 Inc., Plexxi Inc., PLUMgrid Inc., Telefonaktiebolaget LM Ericsson, Varmour Networks Inc., Vello Systems, Verizon Communications Inc., and Vyatta Inc.
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