Title: Software-defined Storage Market - Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast 2021 - 2026
1Software-defined Storage Market - Industry
Analysis, Market Size, Share, Trends,Application
Analysis, Growth and Forecast 2021 -
2026
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- The Software defined Storage Market is forecast
to reach 40.7 billion by 2026, advancing at CAGR
of 25.7 during 2021-2026. - The rapid growth of unstructured data volumes
along with capabilities like ease of management
and increased security act as major drivers
boosting the growth of software defined storage
market. - Adoption of Software define Storage (SDS)
solutions help in optimizing data management and
storage costs with improved flexibility and
scalability compared to traditional storage,
gaining its wide popularity among various end-use
markets.
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- Key Takeaways
- BFSI sector is analyzed to account as the fastest
growing segment in the global Software defined
Storage Market during 2021-2026, due to rising
rate of cybercrimes, need for faster data access
and others. - North America had accounted for the largest share
in the global Software defined Storage Market in
2020, owing to adoption of cloud services, high
RD investments from market players and others. - The top 10 Companies in the Software-defined
Storage market include IBM Corporation, NetApp
Inc., VMware Inc., Fujitsu Limited, Dell EMC
Corporation, Huawei Technologies Co Ltd., Citrix
Systems Inc., HPE (Hewlett Packard Enterprise),
Scality, Western Digital Corporation.
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By Distribution Channel- Segment Analysis Data
Backup and Disaster Recovery segment is set to
grow with the highest CAGR of around 9.3 during
2021-2026. With high costs and requirement of
administrative efforts, data backup using
traditional storage methods have become outdated,
thus gaining wider adoption for software defined
storage solutions. Traditional storage involves
the need for a range of data protection solutions
including physical server backup tools,
virtualization backup tools, cloud backup tools,
and others contributing to a complex as well as
expensive environment.
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- Software defined Storage Market Industry Outlook
- IBM Corporation
- NetApp Inc.
- VMware Inc.
- Fujitsu Limited
- Dell EMC Corporation
- Huawei Technologies Co Ltd.
- Citrix Systems Inc.
- HPE(Hewlett Packard Enterprise)
- Scality
- Western Digital Corporation
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Software-defined Storage Market - Industry
Analysis, Market Size, Share, Trends,Application
Analysis, Growth and Forecast 2021 - 2026Learn
More About the Report _at_ https//www.industryar
c.com/Research/Software-defined-Storage-Market-Res
earch-500605
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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