Global Software Defined Storage Market (SDS) to Grow at 35% CAGR to 2019

DALLAS, February 26, 2015 /PRNewswire/ --

ReportsnReports.com offers Global Software-defined Storage (SDS) Market 2015-2019 research report of 66 pages that segments the SDS market into three: Small Enterprises, Medium-sized Enterprises, and Large Enterprises.

According to the research, software defined storage (SDS) market is one of the key components of software-defined data centers (SDDCs), and SDS can easily be integrated into data center storage systems in order to create a shared pool of resources for user application access.

Analysts forecast the Global Software-defined Storage (SDS) Market to grow at a CAGR of 35.20% over the period 2015-2019. SDS helps enterprises reduce storage infrastructure costs through efficient allocation of resources. This is the reason many large enterprises have added SDS to their infrastructure paradigm.

SDS abstracts software services such as data management, data protection, placement of data, and I/O capabilities from the underlying storage infrastructure to increase the flexibility, scalability, and automation and to reduce the cost of enterprise storage. SDS is a component of SDDC and is gaining popularity among several enterprises worldwide. This technology enhances virtualization concepts such as resource pooling, abstraction, and automated management of the storage infrastructure. It offers support for legacy application, cloud services, and Big Data analytics.

SDS also enhances virtualization through increased control over data allocation, migration and replication to enterprises. The new report also draws attention towards increased adoption of flash-based storage, Storage systems that combine SSDs, HDDs and flash-based caches are gaining popularity among enterprises. Most enterprises consider SDS in flash-based storage as a logical and cost-effective solution, as it provides better suitability and platform independency.

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Report recognizes the following companies as the key players in the Global Software-defined Storage (SDS) Market are EMC, HP, IBM, NetApp and VMware

Other Prominent Vendors in the market are Coraid, DataCore, Dell, Hitachi Data Systems, Nexenta, Pivot3 and RedHat

The report covers the present scenario and the growth prospects of the Global SDS market for the period 2015-2019. In terms of end-users, the Global SDS market can be segmented into three: Small Enterprises, Medium-sized Enterprises, and Large Enterprises.

Global Software-defined Storage (SDS) Market 2015-2019 report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global SDS market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Another report on Global Data Center Market 2014-2018 says one of the major drivers of the market is the increase in the adoption of virtualized computing equipment by enterprises and end-users. The introduction of virtualization technology is increasing the productivity of the existing computing infrastructure as it optimizes the performance of computing facilities.

Increased adoption of modular data center equipment and facilities by enterprises is one of the major trends in this market. An increase in the demand for computing solutions and computing equipment has scaled up the data center efficiency. Containerized data center facilities cater to the immediate scaling requirements of enterprises and end-users.

The report recognizes the following companies as the key players in the Global Data Center Market: Avaya Inc., Cisco Systems Inc., Dell Inc., EMC Corp., Emerson Network Power, Hewlett Packard Co. (HP), IBM Corp., Juniper Networks Inc., NEC Corp., NetApp Inc., Rittal Corp. and Schneider Electric SA.

Other Prominent Vendors in the market are: Buffalo Technology, Dell, EMC, Fujitsu, Hitachi, Huawei Technologies, Microsoft, NetApp, Netgear and Oracle

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A data center is a centralized computing facility for data computing, processing, and storage. The facility includes high-performance servers, storage devices, and networking solutions, which support enterprise computing needs. Along with the data center equipment, there are many powering and cooling solutions, which help in optimizing the performance of networking components. Data center facilities are established by either large-scale enterprises or data center service providers that deliver services to enterprises and end-users on demand. The evolution of cloud computing and cloud-based services has led to impressive growth of the Data Center market

Further, the report states that one of the major challenges that the market faces is the declining prices of data center equipment, which is leading to a lower profit margin for vendors. The increased competition among vendors has led to a decrease in prices. Vendors are trying to deliver products and solutions at low prices to gain market advantage and meet customer needs.

Key Questions Answered in these Reports: 

• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Browse other reports on IT & Telecommunication Market at http://www.reportsnreports.com/market-research/information-technology/ .

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