The
promise of reducing capital and operational expenditures in data centers is the
major reason for organizations to switch to software defined technologies. Its
growth would also be aided by emerging technologies such as IoT, analytics, and
cloud. Adoption is the biggest concern as it requires a big initial investment
to switch from legacy infrastructure, and organizations are looking for
examples of its full-scale success. Security concern is another factor that
affects its adoption rate.
Global
market research and consulting organization, has published a study titled
“Worldwide Software Defined Everything (SDE) Market: Drivers, Opportunities,
Trends, and Forecasts, 2016–2022” (September 2016).
According
to Publisher, SDN will witness the highest growth rate during the period
2016–2022. This is mainly due to the increased adoption by enterprise data
centers looking for infrastructure flexibility and reduction of time to market
for different applications and services. It will also be fueled by rise in BYOD
in organizations and huge demands for cloud services. The SDN market is
expected to grow at a CAGR of 49.6% during the period 2016–2022 to touch an
aggregate of $30.76 billion by 2022.
SDDC
will have the major share reaching $109.09 billion mark by 2022. It requires a
huge investment for its deployment and provisioning and is preferred by
organizations looking for simplicity, flexibility and gaining a competitive edge
over others. At present, North America is leading followed by Europe. Europe
lags due to its concern over security mainly by American organizations. The
BFSI and healthcare are the major end-users of SDE technologies due to the rise
in e-banking through smartphones and smart healthcare, respectively.
“SDE
is in the initial stage and plays an important role in the virtualization
platform. It helps the organizations in maintaining efficiency, scalability,
and flexibility. SDE also provides huge business opportunities in hybrid cloud
and is expected to play a key role in this market.”
“SDE
has a huge potential to change the landscape of data centers. With the rise in
the demand for cloud services, and its promise to provide flexibility,
scalability, and operational efficiencies, SDE is now becoming a part of
strategic planning in a number of organizations. However, it would not see an
immediate growth due to confusions regarding the standards and security. Most
of the CIOs are aware of the investments required and have not yet prioritized
its adoption”
The
report aims to highlight key insights from providers and end-users. The report
provides an in-depth analysis and forecast about the industry covering the
following key features:
- The report not only highlights users’ conundrum (challenges and barriers to adopting SDE technologies) but also brings in their perspective on the market
- This market has been analyzed by taking into account the key regions – North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa
- The report analyzes the market according to the types, end-users and regions
- The report analyzes the top 5 players in terms of market reach, business strategy, and business focus; market attractiveness by types, end-users and regions
- Stakeholders’ insights and key trends (current and future) of the market
For
more information Visit at: http://mrr.cm/3Cy
Find
all Software Reports are - http://www.marketresearchreports.com/software
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