Software Defined Storage Market Forecast to Reach $40.7 Billion by 2026

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Software-defined Storage Market - 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.

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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.

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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traditional storage methods have become outdated,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
• Citrix Systems
• HPE(Hewlett Packard Enterprise)
• Scality

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Software-defined Storage Market - Forecast 2021
- 2026 Learn More About the Report _at_
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ned-Storage-Market-Research-500605
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  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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