The size of the global software-defined data center market was USD 32.73 billion in 2020; it is anticipated to increase by USD 39.38 billion in 2021 and USD 169.99 billion in 2028, for a compound annual growth rate (CAGR) of 23.2%. According to our analysis, global market growth in 2020 was higher at 19.6% than it had been on average between 2017 and 2019. The pandemic's global impact of COVID-19 has been positively reflected in the demand for SDDC products and solutions in all regions. This market's demand and expansion, which will resume to pre-pandemic levels once the pandemic is over, is what is responsible for the increase in CAGR.
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Which company dominates the Global Software Defined Data Center Market?
- VMware, Inc. (California, U.S.)
- IBM Corporation (New York, U.S.)
- Cisco Systems, Inc. (California, U.S.)
- Nutanix (California, U.S.)
- GreenPages, Inc. (Maine, U.S.)
- Dell Technologies (Texas, U.S.)
- Fujitsu (Tokyo, Japan)
- Hewlett Packard Enterprise Development LP (Texas, U.S.)
- Hitachi Vantara LLC (Tokyo, Japan)
- NetApp (California, U.S.)
What are the factors driving the growth of the Software Defined Data Center Market?
The adoption of software-defined data centers is anticipated to be fueled by hardware cost reductions. With SDDC, businesses do not have to invest in hardware, acquire vendor-specific expertise to operate and maintain it or manage physical machine upgrades. It enhances the management of the company's resources, leading to greater overall efficiency.
What are the market's geographic insights for Linux operating systems?
In order to evaluate the market, it was divided into five major geographic areas: North America, Latin America, Europe, the Middle East and Africa, and Asia Pacific.
The largest market share is anticipated to be held by North America during the forecast period. Major players like IBM Corporation, Cisco Systems, Inc., and VMware, Inc. are among those contributing to the growth. Additionally, major corporations' product launches and partnerships to expand their global reach are likely to fuel market expansion in North America.
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An overview of the report
- The report comprehensively analyzes recent and anticipated market trends to help investors find investment opportunities.
- Market predictions through 2028, starting from estimated market values
- Market trends that are significant across industries, regions, and countries
- Market strategies and significant developments observed
- Market dynamics like drivers, obstacles, opportunities, and other trends require
- comprehensive company profiles of significant players, both established and emerging
- Emerging economies are anticipated to grow through 2028.
Analysts have segmented the "Software Defined Data Center Market" into application, type, and regional segments to aid market participants in better understanding the market. Each element clearly demonstrates the variables that are most likely to have an impact on it and the variables that are anticipated to have a limit. The reader can access specific market updates thanks to the segmented explanation. The market research report on Software Defined Data Center Market Trends also discusses evolving environmental concerns, shifting political environments, and various government approaches to regulatory reforms.
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