The global software-defined storage market is estimated to grow at a CAGR of nearly 30% in the forecast period of 2025-2034. In 2024, North America was the largest software-defined storage industry. The region is expected to offer continued maximum growth opportunities over the forecast period.
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Software-defined storage is a marketing term, independent of the underlying hardware, for computer data storage software for policy-based data storage and management. One prominent driver aiding the global software-defined storage (SDS) market growth is the unprecedented explosion of data generated from diverse sources such as IoT devices, social media platforms, and digital transactions. This surge in data volume has propelled organisations to seek efficient storage solutions, leading to increased adoption of SDS.
Moreover, the escalating adoption of cloud computing services is fueling the demand for flexible and scalable storage solutions. Software-defined storage aligns well with cloud environments, offering organisations the ability to optimise their storage infrastructure in the cloud. Additionally, the synergy between SDS and virtualisation technologies is driving market growth. SDS allows for the abstraction of storage resources from physical hardware, enabling enhanced agility, scalability, and cost-effectiveness in virtualised environments.
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Increasing adoption of hybrid cloud solutions, growing emphasis on containerisation, and the adoption of open-source SDS solutions are boosting the software-defined storage market growth.
This trend is driven by the need for flexible and scalable storage and hybrid cloud adoption that allows businesses to optimise their storage resources, enhance data mobility, and improve operational efficiency by leveraging the benefits of both on-premises and cloud storage solutions.
There is a growing emphasis on containerisation in software-defined storage environments and by using containerisation technologies like Docker and Kubernetes, organisations can streamline storage management, enhance application portability, and accelerate the deployment of storage solutions.
Due to the increasing data generated at the edge by IoT devices is leading to the development of storage solutions that are optimised for edge environments, enabling businesses to efficiently manage and store data at the edge.
Open-source SDS offers businesses cost-effective, flexible, and customisable storage solutions that provide hardware independence and storage optimisation. This trend is empowering organisations of all sizes to leverage software-defined storage technologies without being tied to proprietary hardware setups.
The increase in cloud adoption will be an essential factor driving the development of the market as it offers multiple advantages, including cost decrease, increased scalability, and high effectiveness. Moreover, the support for hybrid and multi-cloud strategies is another significant driver for the software-defined storage market expansion. SDS provides a unified storage management layer across different cloud environments, facilitating seamless data mobility and reducing vendor lock-in. This capability makes SDS an essential component for organisations adopting hybrid and multi-cloud approaches.
Furthermore, the automation and orchestration capabilities of SDS play a crucial role in driving market expansion. By enabling automated management and orchestration of storage resources, SDS streamlines operations, reduces manual intervention, and enhances overall efficiency in storage infrastructure management. This automation aspect is particularly appealing to organisations looking to optimise their storage operations and improve productivity.
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The EMR’s report titled “Software-Defined Storage Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Component
Market Breakup by Solutions
Market Breakup by Usage
Market Breakup by Company Size
SDS solutions for data backup and disaster recovery are witnessing higher adoption rates due to increasing need for reliable and efficient data protection solutions
The data backup and disaster recovery segment holds a prominent share due to the increasing need for reliable and efficient data storage solutions that can protect against data loss and ensure business continuity. SDS technologies enable organisations to implement robust backup and recovery strategies, leveraging features like data replication, tiering, and automated failover.
The surveillance segment is another key area of growth in the software-defined storage market. SDS solutions are being adopted to manage the massive volumes of data generated by surveillance cameras, sensors, and other monitoring devices. The scalability, flexibility, and cost-effectiveness of SDS make it well-suited for handling the storage requirements of complex surveillance systems across industries like government, transportation, and security.
SDS also plays a crucial role in storage provisioning, allowing organisations to rapidly provide storage resources as needed. The on-demand, software-driven nature of SDS enables IT teams to quickly allocate and manage storage capacity, improving agility and responsiveness to changing business requirements.
BFSI sector holds a significant market share due to their requirement for efficient storage software in managing big data sets
The BFSI sector is a significant segment in the software-defined storage market as financial organisations require secure and accessible storage solutions to manage big data sets, ensure data encryption, manage file access, and facilitate data backup and recovery.
The education sector is increasingly leveraging software-defined storage to manage the growing volumes of educational data, digital resources, and administrative information. Educational institutions require secure and scalable storage solutions to support e-learning platforms, student records, research data, and other educational applications.
In the media and entertainment industry, large volumes of multimedia content need to be stored, managed, and accessed efficiently, which is creating a demand for software-defined storage solutions. These solutions enable media companies to streamline content management, enhance collaboration, and deliver high-performance storage for media production, broadcasting, and distribution.
As per software-defined storage market analysis, the healthcare industry relies on software-defined storage solutions as it offers secure, compliant, and scalable storage solutions to store and access critical patient information, support medical imaging systems, and facilitate data analytics for improved patient care.
Market players are continuously innovating new products and engaging in strategic activities to drive market growth and meet the increasing demand for software-defined storage solutions.
Dell Technologies Inc. was founded in 1984 and is headquartered in Texas, United States. The company offers a desktop PCs, laptops, servers, storage solutions, networking equipment, software, cloud computing services, and IT services.
Established in 1935, has its headquarters in Tokyo, Japan. The company offers computers, telecommuni...
Originally founded as Hewlett-Packard in 1939, is based in California, United States. The company of...
Citrix Systems, Inc. was established in 1989 and is headquartered in Florida, United States. It is r...
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other prominent software defined storage companies in the market are International Business Machines Corporation, NetApp, Inc., and Seagate Technology PLC, among others.
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North America leads the market due to its high level of digitalisation and cloud adoption
North America is expected to hold a sizable software-defined storage market share, with United States being a key player in technological innovation. The region's mature market and prominent level of digitalisation drive the demand for advanced data storage solutions. The regional growth is further characterised by increased cloud adoption, a shift towards advanced IT infrastructures, and significant investments in research and development by leading market vendors.
The Asia Pacific region is a significant player in the global software-defined storage market, with countries like China and India experiencing rapid economic growth and increasing digitalisation. This region focuses on scalable and cost-effective storage solutions to meet the growing demand for advanced technologies.
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Software-Defined Storage Market Size
Software-Defined Storage Market Growth
Software-Defined Storage Market Trends
Software-Defined Storage Market Share
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 30% between 2025 and 2034.
The major drivers of the market include the increased scalability, high effectiveness, cost-efficiency, integration of multiple data sources, adoption of artificial intelligence (AI) and Internet of Things (IoT) and increasing digitalisation.
Key trends increasing the software-defined storage market value include an increase in cloud adoption, rise of edge computing, adoption of open-source software-defined storage and hyper-converged technologies.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Block, file, object, and hyper-converged infrastructure software are the types explored in the market.
Solutions and services are the two components available in the market.
Based on solutions, the industry can be divided into data management, data security and compliance software, software-defined storage controller software, software-defined storage server, and storage hypervisor, among others.
The various usages of the market include data back up and disaster recovery, surveillance, and storage provisioning, among others.
The different end-users of software-defined storage include BFSI, telecom, manufacturing, education, media and entertainment, and healthcare, among others.
Key software defined storage leaders in the market are Dell Technologies Inc., Fujitsu Limited, Hewlett Packard Enterprise Co, International Business Machines Corporation, Citrix Systems, Inc., NetApp, Inc., and Seagate Technology PLC, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Component |
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| Breakup by Solutions |
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| Breakup by Usage |
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| Breakup by Company Size |
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| Breakup by Platform |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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