Software-defined Storage Market Overview, Growth, and Oppotunities by 2031

A virtualized network of storage resources that isolate the control as well as the management part from the underlying hardware infrastructure is termed as software-defined storage. Storage Defined Networking or SDN has caused a paradigm shift in the networking as well as storage methodologies. Large vendors in the SDN market such as IBM, EMC, have focused and earned from the sales of specialized storage as well as SAN components. Also, startups have taken advantage and focused more on selling software based solutions to their customers.

Attributes such as increased cost savings, increased efficiencies, and increased flexibilities are anticipated to be the major factors driving the growing adoptions of software-defined storages. Lesser awareness in certain countries of the world and poor internet infrastructures hinder the adoptions of software-defined storages posing a challenge to the growth of the software-defined storage market. Increasing digitalization drives in the developing economies of the world coupled with the ballooning volume of unstructured data across enterprises provide new opportunities to the players operating in the software-defined storage market.

The "Global Software-defined Storage Market Analysis to 2031" is a specialized and in-depth study of the software-defined storage market with a focus on the global market trend. The report aims to provide an overview of the global software-defined storage market with detailed market segmentation by component, enterprise size, end-user, and geography. The global software-defined storage market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global software-defined storage market based on the component, enterprise size, and end-user. It also provides market size and forecast till 2031 for overall software-defined storage market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The Software-defined storage market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Software-defined storage market in these regions. Further, the report also includes ecosystem analysis for the software-defined storage market

Also, key software-defined storage market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products, and services offered, financial information for the last 3 years, the key development in the past five years. Some of the key players influencing the market are IBM Corporation, BMC Software, Fujitsu Limited, Oracle Corporation, and Cisco Systems, Inc. Also, NetApp Inc., AT&T Corporation, Red Hat Inc., VMWare Inc. (Dell Inc.)., and Hewlett-Packard Enterprise are a few other important players in the software-defined storage market.

Software-defined Storage Report Scope