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Report Overview

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.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • SDS solutions simplify automation, improve resource utilisation, guides in re-provisioning, and aids in hardware cost reduction, which is driving market demand.
  • The rise in demand for storage systems due to increasing data volumes in regions like North America have contributed to software-defined storage market development.
  • As per industry reports, 90% of large enterprises have adopted a multi-cloud infrastructure and 200 zettabytes of data will be stored in the cloud by 2025.

Leading Companies in the Software Defined Storage Market

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.

 

Fujitsu Limited, established in 1935, has its headquarters in Tokyo, Japan. The company offers computers, telecommunications equipment, software development, electronics, and IT services. Fujitsu has a strong presence in IT infrastructure, cloud computing, and digital transformation sectors.

 

Hewlett Packard Enterprise Co., originally founded as Hewlett-Packard in 1939, is based in California, United States. The company offers servers, storage solutions, networking equipment, software solutions, and IT services.

 

Citrix Systems, Inc. was established in 1989 and is headquartered in Florida, United States. It is renowned for its innovative solutions that enable secure and efficient remote access, collaboration, and virtualisation for businesses of all sizes.

 

Other prominent software defined storage companies in the market are International Business Machines Corporation, NetApp, Inc., and Seagate Technology PLC, among others.

 

Software-Defined Storage Market Report Snapshots

Software-Defined Storage Market Size

Software-Defined Storage Market Growth

Software-Defined Storage Market Trends

Software-Defined Storage Market Share

Software-Defined Storage Companies

Software-Defined Storage Market Regional Analysis

 

*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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Key Questions Answered in the Report

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.

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