Software Defined Storage Market Synopsis:
Software Defined Storage Market Size Was Valued at USD 38.42 Billion in 2023, and is Projected to Reach USD 349.41 Billion by 2032, Growing at a CAGR of 27.8 % From 2024-2032.
The SDS Market means product portfolios that split the software managing the storage from the physical layer. SDS enable its users to adopt more efficient ways of managing data storage without the need to involve the physical hardware infrastructure by allowing it to set storage policies and resources allocation at will, at a considerably lower cost.
The Software Defined Storage Market is growing at a vigorous rate because of the rising data growth specifically unstructured data, growing IoT devices, and cloud storage. Enterprises are realizing the benefits of SDS to help them embrace better scalability, lower cost and better data storage systems performance. This market is also driven by the requirement to enhance data management for several sectors including healthcare, banking, financial services & insurance, IT and so on.
As edge computing becomes more prevalent, along with the implementation of hybrid clouds, SDS solutions become critical to managing data operations, improving storage and resource management. Current SDS key drivers are to reduce storage complexities and compliance mandates for data security and sovereignty across enterprises.
Software Defined Storage Market Trend Analysis:
Growing Adoption of Hybrid Cloud with SDS Integration
- Another key driver in regard to the Software Defined Storage Market is the connectivity of SDS solutions with hybrid cloud infrastructures. Currently, SDS is being implemented to ensure that data is stored using a single solution within on-premises and cloud environments. This is driven by needs for flexibility, improved operations, and a need to grow storage infrastructure as required dynamically. SDS solutions provide opportunities to manage data more centrally, decrease overhead data transfer costs, and guarantee data consistency in integrated systems.
Rising Demand for Data Management in Emerging Markets
- Due to the high growth rate observed in these economies these are very potential markets for software defined storage. As there are more and more developments of IT infrastructures and more consuming high level IT solutions, companies in these regions are seeking for SDS, which can help them transform their storage system. Also, the higher standards for data localization and compliance in developing countries are expected to act as major triggers for SDS uptake in the future, presenting major opportunities for market participants.
Software Defined Storage Market Segment Analysis:
Software Defined Storage Market Is Segmented on The Basis of Component, Application, End User, And Region.
By Component, SDS solution segment is expected to dominate the market during the forecast period
- This SDS Solution segment is expected to hold the largest market share of the Software Defined Storage Market through the forecast period. SDS solutions have been taken up in the related businesses in order to gain control over bulk storages, enhance the access to data and avoid reliance at proprietary instruments. As the solutions that can be specifically customized for the given policies of each enterprise and effectively manage storage needs, SDS solutions are a feature critical for any modern organization willing to reach maximum efficiency in managing its storage infrastructure.
By Application, Data Storage segment expected to held the largest share
- The Data Storage segment is anticipated to occupy the largest market share because of the rapid rising data in the different industries. It has emerged that organizations are enthralled to adopt SDS for handling a large amount of structured and unstructured data. Due to its scalability and cost advantages, SDS is a suitable solution for companies who want to build robust storage systems.
Software Defined Storage Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- North America is expected to dominate the Software Defined Storage Market due to the higher technology penetration in the IT sector of the region. North America, especially, has many representatives of leading technology companies and early Cloud and SDS implementers. The growing need to have storage infrastructures that are both expansive and elastic to accommodate the never-ceasing big data, IoT, and artificial intelligence services is shaping this market in this region.
- There are three reasons behind North America’s supremacy: high investment in research and development, and the availability of the foremost SDS suppliers. The ability and commitment to refining data security and compliance with regulatory requirements is a process that boosts the SDS regional solutions market and sustains market dominance.
Active Key Players in the Software Defined Storage Market:
- DataCore Software (United States)
- Dell Technologies (United States)
- Fujitsu (Japan)
- Hewlett Packard Enterprise (United States)
- Hitachi Vantara (Japan)
- Huawei Technologies Co., Ltd. (China)
- IBM Corporation (United States)
- Lenovo Group Ltd. (China)
- Microsoft Corporation (United States)
- NetApp, Inc. (United States)
- Nutanix (United States)
- Oracle Corporation (United States)
- Pure Storage, Inc. (United States)
- Red Hat, Inc. (United States)
- VMware, Inc. (United States), Other Active Players
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Global Software Defined Storage Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 38.42 Billion |
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Forecast Period 2024-32 CAGR: |
27.8 % |
Market Size in 2032: |
USD 349.41 Billion |
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Segments Covered: |
By Component |
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By Application |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Software Defined Storage Market by Dosage Form
4.1 Software Defined Storage Market Snapshot and Growth Engine
4.2 Software Defined Storage Market Overview
4.3 Tablets Capsules
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Tablets Capsules: Geographic Segmentation Analysis
Chapter 5: Software Defined Storage Market by Indication
5.1 Software Defined Storage Market Snapshot and Growth Engine
5.2 Software Defined Storage Market Overview
5.3 Malaria Toxoplasmosis Others
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Malaria Toxoplasmosis Others: Geographic Segmentation Analysis
Chapter 6: Software Defined Storage Market by Distribution Channel
6.1 Software Defined Storage Market Snapshot and Growth Engine
6.2 Software Defined Storage Market Overview
6.3 Hospital Pharmacies Retail Pharmacies Online Pharmacies
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Hospital Pharmacies Retail Pharmacies Online Pharmacies: Geographic Segmentation Analysis
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Benchmarking
7.1.2 Software Defined Storage Market Share by Manufacturer (2023)
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Mergers and Acquisitions
7.2 ACTAVIS PHARMA (UNITED STATES)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Role of the Company in the Market
7.2.5 Sustainability and Social Responsibility
7.2.6 Operating Business Segments
7.2.7 Product Portfolio
7.2.8 Business Performance
7.2.9 Key Strategic Moves and Recent Developments
7.2.10 SWOT Analysis
7.3 ALVOGEN (UNITED STATES)
7.4 BAYER AG (GERMANY)
7.5 CIPLA LIMITED (INDIA)
7.6 GLAXOSMITHKLINE PLC (UNITED KINGDOM)
7.7 HIKMA PHARMACEUTICALS (UNITED KINGDOM)
7.8 LUPIN PHARMACEUTICALS INC. (INDIA)
7.9 MYLAN N.V. (UNITED STATES)
7.10 NOVARTIS AG (SWITZERLAND)
7.11 PFIZER INC. (UNITED STATES)
7.12 RANBAXY LABORATORIES (INDIA)
7.13 ROCHE HOLDING AG (SWITZERLAND)
7.14 SANOFI S.A. (FRANCE)
7.15 SUN PHARMACEUTICAL INDUSTRIES LTD. (INDIA)
7.16 TEVA PHARMACEUTICAL INDUSTRIES (ISRAEL)
7.17 OTHER ACTIVE PLAYERS
Chapter 8: Global Software Defined Storage Market By Region
8.1 Overview
8.2. North America Software Defined Storage Market
8.2.1 Key Market Trends, Growth Factors and Opportunities
8.2.2 Top Key Companies
8.2.3 Historic and Forecasted Market Size by Segments
8.2.4 Historic and Forecasted Market Size By Dosage Form
8.2.4.1 Tablets Capsules
8.2.5 Historic and Forecasted Market Size By Indication
8.2.5.1 Malaria Toxoplasmosis Others
8.2.6 Historic and Forecasted Market Size By Distribution Channel
8.2.6.1 Hospital Pharmacies Retail Pharmacies Online Pharmacies
8.2.7 Historic and Forecast Market Size by Country
8.2.7.1 US
8.2.7.2 Canada
8.2.7.3 Mexico
8.3. Eastern Europe Software Defined Storage Market
8.3.1 Key Market Trends, Growth Factors and Opportunities
8.3.2 Top Key Companies
8.3.3 Historic and Forecasted Market Size by Segments
8.3.4 Historic and Forecasted Market Size By Dosage Form
8.3.4.1 Tablets Capsules
8.3.5 Historic and Forecasted Market Size By Indication
8.3.5.1 Malaria Toxoplasmosis Others
8.3.6 Historic and Forecasted Market Size By Distribution Channel
8.3.6.1 Hospital Pharmacies Retail Pharmacies Online Pharmacies
8.3.7 Historic and Forecast Market Size by Country
8.3.7.1 Russia
8.3.7.2 Bulgaria
8.3.7.3 The Czech Republic
8.3.7.4 Hungary
8.3.7.5 Poland
8.3.7.6 Romania
8.3.7.7 Rest of Eastern Europe
8.4. Western Europe Software Defined Storage Market
8.4.1 Key Market Trends, Growth Factors and Opportunities
8.4.2 Top Key Companies
8.4.3 Historic and Forecasted Market Size by Segments
8.4.4 Historic and Forecasted Market Size By Dosage Form
8.4.4.1 Tablets Capsules
8.4.5 Historic and Forecasted Market Size By Indication
8.4.5.1 Malaria Toxoplasmosis Others
8.4.6 Historic and Forecasted Market Size By Distribution Channel
8.4.6.1 Hospital Pharmacies Retail Pharmacies Online Pharmacies
8.4.7 Historic and Forecast Market Size by Country
8.4.7.1 Germany
8.4.7.2 UK
8.4.7.3 France
8.4.7.4 The Netherlands
8.4.7.5 Italy
8.4.7.6 Spain
8.4.7.7 Rest of Western Europe
8.5. Asia Pacific Software Defined Storage Market
8.5.1 Key Market Trends, Growth Factors and Opportunities
8.5.2 Top Key Companies
8.5.3 Historic and Forecasted Market Size by Segments
8.5.4 Historic and Forecasted Market Size By Dosage Form
8.5.4.1 Tablets Capsules
8.5.5 Historic and Forecasted Market Size By Indication
8.5.5.1 Malaria Toxoplasmosis Others
8.5.6 Historic and Forecasted Market Size By Distribution Channel
8.5.6.1 Hospital Pharmacies Retail Pharmacies Online Pharmacies
8.5.7 Historic and Forecast Market Size by Country
8.5.7.1 China
8.5.7.2 India
8.5.7.3 Japan
8.5.7.4 South Korea
8.5.7.5 Malaysia
8.5.7.6 Thailand
8.5.7.7 Vietnam
8.5.7.8 The Philippines
8.5.7.9 Australia
8.5.7.10 New Zealand
8.5.7.11 Rest of APAC
8.6. Middle East & Africa Software Defined Storage Market
8.6.1 Key Market Trends, Growth Factors and Opportunities
8.6.2 Top Key Companies
8.6.3 Historic and Forecasted Market Size by Segments
8.6.4 Historic and Forecasted Market Size By Dosage Form
8.6.4.1 Tablets Capsules
8.6.5 Historic and Forecasted Market Size By Indication
8.6.5.1 Malaria Toxoplasmosis Others
8.6.6 Historic and Forecasted Market Size By Distribution Channel
8.6.6.1 Hospital Pharmacies Retail Pharmacies Online Pharmacies
8.6.7 Historic and Forecast Market Size by Country
8.6.7.1 Turkiye
8.6.7.2 Bahrain
8.6.7.3 Kuwait
8.6.7.4 Saudi Arabia
8.6.7.5 Qatar
8.6.7.6 UAE
8.6.7.7 Israel
8.6.7.8 South Africa
8.7. South America Software Defined Storage Market
8.7.1 Key Market Trends, Growth Factors and Opportunities
8.7.2 Top Key Companies
8.7.3 Historic and Forecasted Market Size by Segments
8.7.4 Historic and Forecasted Market Size By Dosage Form
8.7.4.1 Tablets Capsules
8.7.5 Historic and Forecasted Market Size By Indication
8.7.5.1 Malaria Toxoplasmosis Others
8.7.6 Historic and Forecasted Market Size By Distribution Channel
8.7.6.1 Hospital Pharmacies Retail Pharmacies Online Pharmacies
8.7.7 Historic and Forecast Market Size by Country
8.7.7.1 Brazil
8.7.7.2 Argentina
8.7.7.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
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Global Software Defined Storage Market |
|||
|
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
|
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 38.42 Billion |
|
Forecast Period 2024-32 CAGR: |
27.8 % |
Market Size in 2032: |
USD 349.41 Billion |
|
Segments Covered: |
By Component |
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|
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By Application |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the Software Defined Storage Market research report is 2024-2032.
DataCore Software, Dell Technologies, IBM Corporation, Microsoft Corporation, VMware, Inc., and Other Active Players.
The Software Defined Storage Market is segmented into Component, Application, End User and region. By Component, the market is categorized into Solutions Storage Virtualization Storage Replication Storage Provisioning and Orchestration Services Consulting Implementation and Integration Support and Maintenance. By Application, the market is categorized into Data Backup and Disaster Recovery Storage Provisioning Data Archiving Big Data Storage Surveillance and Monitoring Cloud Storage. By End User, the market is categorized into BFSI IT and Telecommunications Retail and E-commerce Healthcare Logistics and Warehouse Media and Entertainment Others. By region, it is analyzed across North America (U.S., Canada, Mexico), Eastern Europe (Russia, Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe), Western Europe (Germany, UK, France, The Netherlands, Italy, Spain, Rest of Western Europe), Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC), Middle East & Africa (Turkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa), South America (Brazil, Argentina, Rest of SA).
The SDS Market means product portfolios that split the software managing the storage from the physical layer. SDS enable its users to adopt more efficient ways of managing data storage without the need to involve the physical hardware infrastructure by allowing it to set storage policies and resources allocation at will, at a considerably lower cost.
Software Defined Storage Market Size Was Valued at USD 38.42 Billion in 2023, and is Projected to Reach USD 349.41 Billion by 2032, Growing at a CAGR of 27.8 % From 2024-2032.
