Global software defined infrastructure market is expected to reach USD 95 billion by 2023


Posted July 16, 2020 by Gauri44

Software Defined Infrastructure (SDI) is a method of controlling IT infrastructure with the help of software. In general, storage, and computing, which are pre-defined by hardware and software solutions.

 
Pune, India, March 14, 2018, MRFR Press Release/- Market Research Future published a half cooked research report on global Retail Inventory Management Software market.

Market Highlights

The global software defined infrastructure market is expected to grow rapidly through the forecast period. The rise in deployment of cloud-based solutions and services, increase in network traffic, and flexibility of network infrastructure are driving the software defined infrastructure market. Network virtualization and reduction of network complexity are propelling the market growth. However, the lack of technical expertise and flexiblity to adapt random changes are hampering the market growth.



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The global software defined infrastructure market is classified into solution, service, verticals, and region.

Key players

Some of the key players in the global software defined infrastructure market are VMware Inc. (U.S.), Hewlett Packard Enterprise Co. (U.S.), Cisco Systems, Inc. (U.S.), Oracle Corporation (U.S.), Dell Inc. (U.S.), Microsoft Corporation (U.S.), Hitachi, Ltd.(Japan), IBM Corporation (U.S.), Fujitsu, Ltd.(Japan), NEC Corporation (Japan), Citrix Systems, Inc. (U.S.), and others.

Some of the key innovators in this area are Arista Networks (U.S.), Nexenta Systems, Inc. (U.S.), Radware Corporation (Israel), Pica8, Inc.(U.S.), Juniper Networks (U.S.), Intel Corporation (U.S.), Wipro Limited (India), PLUMgrid Inc (U.S.), Plexxi (U.S.), Nokia (Finland), Red Hat, Inc. (U.S.), Brocade Communications Systems, Inc. (U.S.), Amazon Web Services (U.S.), Savvis (U.S.), and others.

The prominent players constantly keep innovating and investing in research and development in order to present a cost-effective portfolio. There have been recent mergers and acquisitions among the key players, where the business entities expect to strengthen their reach to their customer.

Regional Analysis

On the basis of geography, the market is studied for North America, Europe, Asia Pacific, and Rest of the World. Among these regions, the market is majorly dominated by North America at present due to higher concentration of cloud-based companies in countries like the United States and Canada.

Europe has acquired second spot in the market and is expected to show a decent growth rate. However, the Asia Pacific region is expected to show the highest CAGR during the forecast period. There are various new entrants in India and China that are deploying software defined infrastructure in their organizations. Moreover, the telecommunications industry in Asia Pacific is booming, which is influencing the growth of market in Asia Pacific.



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Last Updated July 16, 2020