Market research analyst predicts the global software defined storage market to grow at a CAGR of 31% during the forecast period. The market is driven by an increased need to reduce storage cost and enhance flexibility. Many firms are adopting software-defined storage solutions to minimize issues such as vendor lock-in, especially for hardware procurements from their storage suppliers. These solutions make it easy to maintain and operate storage operations. Storage virtualizations provide flexibility to add or remove storage capacity and customize solutions as per client’s business requirements. Software-defined storage can also minimize backup problem as data recovery process is automatically retrieved.
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However, data security and privacy concerns pose a challenge for the market growth. Unauthorized access or loss of sensitive data can defame an organization’s reputation. Enterprises are also heavily dependent on data centers to run applications, cloud-based services, and databases. Shifting from traditional data centers to software defined storage solutions is a tedious process, which is another challenge for the market. Research N Reports has added a new report to its source. The report is titled “Global Software Defined Storage SDS Market Research Report 2017” and accelerates a wide-ranging and focused look into this market. The report profiles some of the leading players in the global market for the purpose of an in-depth study of the challenges faced by the industry as well as the growth opportunities in the market. During the forecast period 2017-2022. Global software defined storage market is likely to witness intense competition as vendors are working on developing better technologies. Some of the leading players in the global market are VMWare, Inc., Dell EMC, Oracle Corporation, and Microsoft Corporation. These companies are expected to expand their geographical reach in the coming years as developing countries are likely to offer lucrative opportunities. Furthermore, investment in research and development along with mergers and acquisitions will also be some of the key strategic moves adopted by these companies. 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. Software-define storage is a center part of software-defined data center, and is an emerging information technology (IT). It is designed for the organization to store business data and enable the fast delivery of IT services. The growth of SDS is spurred by the effective and efficient management of unstructured data, whereas integration of various analytics solutions with the SDS solutions for big data management optimizes the cost and helps to boost the business.
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In SDS framework, storage devices are delivered as a software layer that can be preoccupied from the underlying hardware. These solutions eliminates the need for traditional process of manual configuration of the operational process in the software define data center. The integration of big data & network file systems and the rapid provisioning of analytics applications streamline unstructured data produced by management for business intelligence. The Global Software Defined Storage Market has been segmented on the basis of components, application and usage type. Components include – Platforms/Solutions (Software-Defined Server, Data Security & Compliance, Controller, Data Management, and Hypervisor) and Services among others. The application area includes- Telecom and ITES, Logistics and Warehouse, Healthcare, Media and Entertainment, Education and others. The usage type includes- Surveillance, Data-Backup and Disaster-Recovery, Storage Provisioning and High Availability.
This report studies the global Software Defined Storage (SDS) market, analyzes and researches the Software Defined Storage (SDS) development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like Dell, EMC Corporation, Fujitsu, Hewlett Packard Enterprise, IBM, Citrix Systems, Netapp, Seagate Technology and Scality, Vmware, Western Digital, Atlantis Computing, Datacore Software, Ericsson, Intel, Maxta, Microsoft, Nexenta System, Nutanix, Pivot3, Swiftstack.
Market segment by Regions/Countries, this report covers United States, EU, Japan, China, India, and Southeast Asia. Market segment by Type, Software Defined Storage (SDS) can be split into, Software Defined Storage Platforms/Solutions, Software Defined Storage Services, Market segment by Application, Software Defined Storage (SDS) can be split into Small and Medium Enterprises (SMES) Large Enterprises
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