Software Defined Everything Market Size is Projected to Reach USD 610.38 Billion at a CAGR of 25.26% by 2030 – Report by Market Research Future (MRFR)
Research Reports
Jul 17, 2023
Market Overview:
According to a Comprehensive Research Report by Market Research Future (MRFR), Global Software Defined Everything Market Information By Technology, By Services, By Deployment and Region – Forecast till 2030, Global Software Defined Everything Market could thrive at a rate of 25.26% between 2022 and 2030. The market size will be reaching around USD 610.38 Billion by the end of the year 2030.
Market Synopsis:
Software Defined Everything (SDE) refers to a concept where traditional hardware-based infrastructure is virtualized and managed through software control and automation. It encompasses Software Defined Networking (SDN), Software Defined Storage (SDS), and Software Defined Data Centers (SDDC), among other areas. SDE offers greater flexibility, scalability, and agility to organizations, enabling them to optimize their IT infrastructure, reduce costs, and improve operational efficiency. It allows for centralized management, programmability, and automation of various components, making it a foundational technology for modern digital transformation initiatives.
The uses and applications of Software Defined Everything are vast. In SDN, it enables organizations to dynamically manage network resources, optimize traffic flow, and enhance security. SDS allows for the abstraction and pooling of storage resources, simplifying data management and enabling efficient scalability. SDDC extends this concept further by virtualizing and automating the management of compute, storage, and network resources within a data center. Software Defined Everything is particularly valuable in cloud computing, data analytics, Internet of Things (IoT), and other modern digital environments where agility, scalability, and resource optimization are critical.
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Market Competitive Landscape:
The affluent companies in the Underwater Robotics industry include.
- NEC Corporation
- Fujitsu Ltd
- Western Digital Corp
- Citrix Systems Inc.
- IBM Corporation
- Cisco Systems Inc.
- Infoblox Inc.
- Pivot3
- Metaswitch Networks Ltd
- Silver Peak
- Riverbed Technology Inc.
- Nexenta Systems Inc.
- Extreme Network
- VMware Inc.
Scope of the Report – Software Defined Everything Market:
|
Report Metrics |
Details |
|
Market Size by 2030 |
USD 610.38 Billion |
|
CAGR during 2020-2030 |
25.26% |
|
Base Year |
2019 |
|
Forecast |
2020-2030 |
Market Segmentation:
By Technology:
The Technology includes Software Defined Networking (SDN), Software Defined Storage (SDS) and the Software-Defined Data Center (SDDC)
By Services:
The Services includes Integration and Deployment Services, Managed Services and Consulting Services
By Deployment:
The Deployment includes On-Premise and Cloud
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Regional Insights:
June 2021:
IBM Corporation announced in June 2021 its collaboration with a major telecommunications company to deliver a software-defined networking solution that enhances network performance and agility. This development highlights the growing importance of SDE in enabling organizations to optimize their network infrastructure for improved efficiency and innovation.
Market USP Covered:
Market Drivers:
Three market driving factors for the Software Defined Everything market are increased demand for agility and flexibility in IT infrastructure, growing adoption of cloud computing and virtualization technologies, and the need for cost-effective and scalable solutions. Organizations across various industries are seeking ways to streamline their operations, enhance resource utilization, and respond quickly to changing business needs. SDE offers the necessary tools and capabilities to achieve these objectives, driving its adoption in the market.
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Market Restraints:
There are certain market restraints for Software Defined Everything. One of the key challenges is the complexity of implementation and integration with existing infrastructure. Organizations may face difficulties in transitioning from traditional hardware-based systems to a software-defined environment, requiring expertise and careful planning. Additionally, security concerns related to virtualized infrastructure and the potential for cyber threats need to be addressed effectively to build trust and confidence in SDE solutions.
COVID 19 Analysis:
The COVID-19 pandemic has had a significant impact on the Software Defined Everything market. The increased reliance on remote work, digital collaboration, and cloud services during the pandemic has accelerated the adoption of SDE. Organizations realized the importance of agile and scalable infrastructure to support remote workforces and deliver services efficiently. Post-COVID, the demand for SDE is expected to continue growing as organizations prioritize digital transformation and invest in technologies that enable flexibility, scalability, and cost optimization.
North America takes the lead due to its advanced technological infrastructure and the presence of major players in the industry, such as IBM Corporation and Cisco Systems Inc. The region has been at the forefront of adopting cloud computing and virtualization technologies, which are key components of Software Defined Everything. With a strong emphasis on innovation and digital transformation, North America continues to drive the growth of the market.
Europe closely follows North America in the Software Defined Everything market. The region’s focus on digital transformation, along with stringent data privacy regulations, creates a conducive environment for the adoption of Software Defined Everything solutions. European businesses recognize the need for scalable and efficient IT infrastructure to support their digital initiatives. As a result, they are increasingly investing in Software Defined Networking, Storage, and Data Center solutions to optimize their operations and stay competitive in the digital age.
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Asia Pacific is experiencing rapid growth in the Software Defined Everything market. The region is witnessing an expanding digital landscape, with increasing investments in cloud computing and the widespread adoption of emerging technologies. Growing economies like China and India are playing a significant role in driving this growth. Businesses in these countries are actively seeking to modernize their IT infrastructure and improve operational efficiency through the adoption of Software Defined Everything solutions. The region presents substantial opportunities for vendors and service providers as organizations embrace digital transformation and leverage Software Defined Everything to gain a competitive edge.
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