Software Defined Storage Market to Grow at CAGR of 31.62% 2016 and Forecast to 2020
Global Software Defined Storage Market 2016 Share, Trend, Segmentation and Forecast to 2020
PUNE, MAHARASHTRA, INDIA, September 13, 2016 /EINPresswire.com/ -- Software Defined Storage IndustryDescription
Software-defined storage (SDS) is a central part of the software-defined data center (SDDC), which is an emerging information technology (IT). It has been designed for organizations to store business data and to enable the speedy delivery of IT services. In an SDS framework, storage services are delivered as a software layer that can be abstracted from the underlying hardware. SDS solutions eliminate the need for manual configuration of the operational process in the SDDC; these solutions accomplish the objective by according control to the software through the separation of the underlying hardware.
Technavio’s analysts forecast the global software defined storage (SDS) market to grow at a CAGR of 31.62% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global software defined storage (SDS) market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the implementation of software-defined storage solutions among enterprises worldwide.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Software Defined Storage (SDS) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• EMC
• HP
• IBM
• VMware
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Other prominent vendors
• 6Wind
• Arista Networks
• Avaya
• Big Switch Networks
• Brocade
• Cisco
• Citrix
• DataCore
• Dell
• Ericsson
• Fujitsu
• Hitachi Data Systems
• Juniper Networks
• NEC
• NetApp
• Nexenta
• Nutanix
• Pertino
• Pivot3
• Plexxi
• PLUMgrid
• SwiftStack
Market driver
• Effective management of unstructured data
• For a full, detailed list, view our report
Market challenge
• Risk of data privacy and security breach
• For a full, detailed list, view our report
Market trend
• Rise of OpenStack
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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