According to the report by Expert Market Research (EMR), the global software-defined data centre market size is projected to grow at a CAGR of 23% between 2023 and 2028. Aided by the rising need for efficient data centre management and the growing applications of SDDC across various industries, the market is expected to grow significantly by 2028.
A software-defined data centre represents a highly efficient data centre setup where infrastructure is virtualised and delivered as a service. The three core components of an SDDC are software-defined networking (SDN), software-defined storage (SDS), and software-defined compute (virtualisation). SDDCs play a crucial role in improving data centre agility, reducing operational costs, simplifying management, and increasing security, thus aiding the software-defined data centre market growth. Besides, the centralised approach of SDDCs to manage data centres makes them an invaluable asset across a spectrum of sectors, including IT and telecom, banking, financial services and insurance (BFSI), retail, healthcare, and government.
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The growing need for advanced and efficient data centre management solutions is a primary driver of the global software-defined data centre market growth. With the digitalisation of industries and the escalating data traffic, there has been a notable shift towards SDDCs. The demand for streamlined, scalable, and automated solutions for data centre management has further spurred the SDDC market growth.
The expanding applications of SDDCs across different sectors also significantly contribute to the software-defined data centre market development. The IT and telecom sector uses SDDCs to manage and control complex networks and data traffic efficiently. The BFSI sector utilises SDDCs for secure and efficient handling of large volumes of sensitive data. Similarly, healthcare and government sectors also employ SDDCs to manage their burgeoning data requirements while ensuring high-level security and compliance.
Additionally, the growing investment in 5G facilities is providing ample growth opportunities to the software-defined data centre market. Furthermore, the rapid advancements in virtualisation and cloud technologies have amplified the focus on SDDCs as a practical solution for data centre management. With the burgeoning data volumes and the growing demand for efficient data centre management, SDDCs have emerged as a pivotal element in the evolution of data centre technologies, thereby boosting the software-defined data centre market expansion.
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Software-Defined Data Centre Market Segmentation
The market can be divided based on component, deployment type, company size, end use, and region.
Market Breakup by Component
• Hardware
• Software
• Service
Market Breakup by Deployment Type
• Software Defined Computing
• Software Defined Storage
• Software Defined Data Centre Networking
• Automation and Orchestration
Market Breakup by Company Size
• Small and Medium Enterprises
• Large Enterprises
Market Breakup by End Use
• Government and Defence
• Banking, Financial Services and Insurance
• Healthcare
• Education
• Manufacturing
• Retail
• IT and Telecom
• Others
Market Breakup by Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global software-defined data centre companies. Some of the major key players explored in the report by Expert Market Research are as follows:
• International Business Machines Corporation
• Dell Technologies Inc.
• Microsoft Corporation
• HUAWEI Technologies Co., Ltd.
• Oracle Corporation
• Hewlett Packard Enterprise Co
• Nutanix, Inc.
• Red Hat, Inc.
• Others
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