PUNE, India, November 25, 2016 /PRNewswire/ --
The report "Software-Defined Anything Market by Technology (SDN, SDDC, & SDS), Service (Integration & Deployment, Consulting, Managed Services), Deployment Mode (Cloud & On Premise), Vertical, and Region - Global Forecast to 2022", published by MarketsandMarkets, the software-defined anything market is expected to grow at a CAGR of 31.72% between 2016 and 2022, to reach from USD 3.89 Billion in 2015 to USD 28.09 Billion by 2022.
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Browse 69 market data tables and 87 figures spread through 168 pages and in-depth TOC on "Software-Defined Anything Market - Global Forecast to 2022"
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The Software-Defined Anything Market is estimated to grow rapidly due to various advancements in the technologies such as SDN, SDDC, and SDS related to the software-defined anything market. Dynamic provisioning of networking resources, reduced operational cost, easy Quality of Service (QoS) implementation, and unified cloud resources are some of the factors driving the growth of the software-defined anything market.
The telecom & ITES vertical is expected to hold the largest share of the software-defined anything market by 2022
The telecom and ITES vertical has adopted SDA technologies in early stages of the SDA market during the market evolution phase which is why the telecom & ITES sector accounts for a major share of the global SDA market. SDA technologies such as software-defined network (SDN), software-define data center (SDDC), and software-defined storage (SDS) are increasingly being used by IT and telecom companies because they provide centralized control and management of the entire data center resources, including power and cooling facilities.
The market for consulting services is expected to grow at the highest CAGR during the forecast period
The consulting services market is expected to grow at the highest CAGR during the forecast period. Consulting services are provided by well-qualified domain experts, industry experts, and data center professionals. These services help data centers in increasing revenues, minimizing risks, and providing optimized resource allocation in the existing data center. Consulting service providers guide companies in setting up new and feasible infrastructure to address their specific requirements toward the data center management.
APAC is expected to grow at the highest CAGR during forecast period
The market in APAC is expected to grow at the highest CAGR between 2016 and 2022. The primary driving forces for this growth are increasing technological adoption and growing data center traffic providing huge opportunities across industry verticals in APAC countries, especially in India, China, and Japan. The software-defined anything market in APAC is set to grow because of technological advancements and increased awareness among enterprises regarding SDA-related technologies. The APAC is the fastest-growing region in terms of technological advancements, software-defined infrastructure, and so on.
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The report also profiles the most promising players in the software-defined anything market. The key players in the software-defined anything market are VMware, Inc. (U.S.) Microsoft Corp. (U.S.), Cisco Systems, Inc. (U.S.), Hewlett Packard Enterprise Co. (U.S.), IBM Corp. (U.S.), and Citrix Systems, Inc. (U.S.), EMC Corp. (U.S.), NEC Corp. (Japan), Fujitsu Ltd. (Japan), Juniper Networks, Inc. (U.S.), and Western Digital Corp. (U.S.) among others.
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