Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Software-Defined Storage Market Analysis by Region

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.

 

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 2024 and 2032.

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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