0

Software-Defined Storage Market by End-user and Geography - Forecast and Analysis 2022-2026

  • Published: Apr 2022
  • Pages: 153
  • SKU: IRTNTR43505
Technavio

Purchase this report now and if we publish a new version within 90 days, we will send you a free copy.

Safe and Secure SSL Encrypted
  • 2500.00
  • USD

The software-defined storage market’s growth momentum will accelerate at a CAGR of 24.69% and the market share will increase by USD 44.01 billion from 2021 to 2026.

This software-defined storage market research report extensively covers software-defined storage market segmentation by:

  • End-user - BFSI, Telecom and IT, Government, Healthcare, and Others
  • Geography - North America, APAC, Europe, South America, and Middle East and Africa

The software-defined storage market vendors are - Avaya Holdings Corp., Broadcom Inc., Cisco Systems Inc., Citrix Systems Inc., DataCore Software Corp., DataDirect Networks Inc., Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Hitachi Vantara LLC, Huawei technologies Co. Ltd., International Business Machines Corp., Lenovo Group Ltd., Microsoft Corp., NetApp Inc., Nutanix Inc., Oracle Corp., Pure Storage Inc., Telefonaktiebolaget LM Ericsson, and VMware Inc. among others.

What will the Software-Defined Storage Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Software-Defined Storage Market Size for the Forecast Period and Other Important Statistics

 

Software-Defined Storage Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The surge in cloud adoption is notably driving the software-defined storage market growth, although factors such as the high costs associated with software-defined storage may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the software-defined storage industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Software-Defined Storage Market Driver

One of the key factors driving growth in the software-defined storage market is the surge in cloud adoption. Cloud computing is the practice of sharing a network of remote servers that are hosted on the Internet to store, process, share, and manage data rather than on a local server or a personal computer. With the deployment of cloud services, organizations can save more than 35% of their annual operating costs. The other factor includes all the functional capabilities which boost the business performances of the organizations. In addition to this, the upsurge in demand for cloud services due to the COVID-19 pandemic boosted the growth of the market. The growth of the global software-defined storage market is primarily driven by the increasing adoption of cloud solutions by enterprises. Vendors in the cloud market are increasing their investments in the construction of cloud data centers to meet the growing demand from enterprises. Thus, the rising adoption of cloud-based services in different organizations will help in the growth of the global software-defined storage market in the upcoming years.

Key Software-Defined Storage Market Trend

The rise of hyper-converged technology is a software-defined storage market trend that is expected to have a positive impact in the coming years. Hyperconverged infrastructure (HCI) is a software-defined, unified system that combines all the elements of a traditional data center: storage, computing, networking, and management. It avoids enterprises dependence on multiple storages, computing, and networking systems as all three components can be run in a virtualized environment to enhance resource utilization. Hyper-converged infrastructure is ideal for small and medium-sized enterprises as computing, storage, and networks can be managed centrally. The technology helps in the reduction of capital expenditure by using a scale-up/scale-out architecture that requires only industry-standard x86 servers, not expensive, purpose-built networking. The rising demand for hyper-converged infrastructure is expected to contribute to the growth of the global software-defined storage market during the forecast period.

Key Software-Defined Storage Market Challenge

The high costs associated with software-defined storage will be a major challenge for the software-defined storage market during the forecast period. Datacenter consolidation enables enterprises to reduce CAPEX and operational expenditure by consolidating multiple components of the data center using technologies such as virtualization, containerization, and hyper-converged infrastructure. Storage consolidation is one of the key challenges for enterprises, which need to purchase multiple software-defined storage solutions depending on their requirements. Some vendors demand upfront licensing fees based on storage capacity requirements. In cases where software-defined storage solutions fail to completely utilize the existing storage infrastructure, enterprises may end up incurring significant losses. Therefore, vendors and buyers in the global software-defined storage market are actively working on addressing these growing concerns through innovations and collaborations. With the growing applications of advanced technologies such as AI and IoT, huge volumes of structured and unstructured data will pose data storage and management challenges to enterprises.

This software-defined storage market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global software-defined storage market as a part of the global information technology (IT) spending market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the software-defined storage market during the forecast period.

Who are the Major Software-Defined Storage Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Avaya Holdings Corp.
  • Broadcom Inc.
  • Cisco Systems Inc.
  • Citrix Systems Inc.
  • DataCore Software Corp.
  • DataDirect Networks Inc.
  • Dell Technologies Inc.
  • Fujitsu Ltd.
  • Hewlett Packard Enterprise Co.
  • Hitachi Vantara LLC
  • Huawei technologies Co. Ltd.
  • International Business Machines Corp.
  • Lenovo Group Ltd.
  • Microsoft Corp.
  • NetApp Inc.
  • Nutanix Inc.
  • Oracle Corp.
  • Pure Storage Inc.
  • Telefonaktiebolaget LM Ericsson
  • VMware Inc.

 

This statistical study of the software-defined storage market encompasses successful business strategies deployed by the key vendors. The software-defined storage market is fragmented and the vendors are deploying growth strategies such as focusing on expanding their customer bases across other geographical locations to compete in the market.

Product Insights and News

  • Broadcom Inc. - Broadcom Inc. is a public company headquartered in US. It is a global company generating $27,450 million in revenues and has around 20,000 employees. Its revenue from the global software-defined storage market contributes to its overall revenues along with its other offerings, but it is not a key revenue stream for the company. 
  • Broadcom Inc. - The company offers software defined storage that includes open compute project foundation, Broadview, open daylight, open networking foundation that uses software-based controllers or application programming interfaces to communicate with underlying hardware infrastructure and direct traffic on a network. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The software-defined storage market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Software-Defined Storage Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the software-defined storage market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Software-Defined Storage Market?

For more insights on the market share of various regions Request for a FREE sample now!

38% of the market’s growth will originate from North America during the forecast period. The US is he key market for software-defined storage in North America. Market growth in this region will be faster than the growth of the market in other regions.

The increasing demand for data center connectivity networks from enterprises will facilitate the software-defined storage market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 has had a drastic impact on the global economy, including North America. It has led to the shutdown of several companies and industries as the disease is spreading through community transfer as well as causing deaths.  However, the software-defined storage market will witness positive growth during the forecast period in the region because of the rise in the adoption of software storage data centers by IT companies

What are the Revenue-generating End-user Segments in the Software-Defined Storage Market?

To gain further insights on the market contribution of various segments Request for a FREE sample

The software-defined storage market share growth by the BFSI segment will be significant during the forecast period. The global software-defined storage market is driven by the increasing demand for storage services from enterprises in the BFSI sector. Datacenter and cloud solution providers are heavily investing in data centers, owing to various factors such as the growing number of customers, high bandwidth requirements, cost advantages, and the demand for low latency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the software-defined storage market size and actionable market insights on post COVID-19 impact on each segment.

 

Software-Defined Storage Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 24.69%

Market growth 2022-2026

$ 44.01 billion

Market structure

Fragmented

YoY growth (%)

23.47

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 38%

Key consumer countries

US, China, Japan, UK, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Avaya Holdings Corp., Broadcom Inc., Cisco Systems Inc., Citrix Systems Inc., DataCore Software Corp., DataDirect Networks Inc., Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Hitachi Vantara LLC, Huawei technologies Co. Ltd., International Business Machines Corp., Lenovo Group Ltd., Microsoft Corp., NetApp Inc., Nutanix Inc., Oracle Corp., Pure Storage Inc., Telefonaktiebolaget LM Ericsson, and VMware Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request for a FREE sample

What are the Key Data Covered in this Software-Defined Storage Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive software-defined storage market growth during the next five years
  • Precise estimation of the software-defined storage market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the software-defined storage industry across North America, APAC, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of software-defined storage market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Read More Read Less

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by End-user

    • 5.1 Market segments
      • Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
    • 5.2 Comparison by End-user
      • Exhibit 26: Chart on Comparison by End-user
      • Exhibit 27: Data Table on Comparison by End-user
    • 5.3 BFSI - Market size and forecast 2021-2026
      • Exhibit 28: Chart on BFSI - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on BFSI - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on BFSI - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on BFSI - Year-over-year growth 2021-2026 (%)
    • 5.4 Telecom and IT - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Telecom and IT - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Telecom and IT - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Telecom and IT - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Telecom and IT - Year-over-year growth 2021-2026 (%)
    • 5.5 Government - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Government - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Government - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Government - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Government - Year-over-year growth 2021-2026 (%)
    • 5.6 Healthcare - Market size and forecast 2021-2026
      • Exhibit 40: Chart on Healthcare - Market size and forecast 2021-2026 ($ million)
      • Exhibit 41: Data Table on Healthcare - Market size and forecast 2021-2026 ($ million)
      • Exhibit 42: Chart on Healthcare - Year-over-year growth 2021-2026 (%)
      • Exhibit 43: Data Table on Healthcare - Year-over-year growth 2021-2026 (%)
    • 5.7 Others - Market size and forecast 2021-2026
      • Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.8 Market opportunity by End-user
      • Exhibit 48: Market opportunity by End-user ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 50: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 52: Chart on Geographic comparison
      • Exhibit 53: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 APAC - Market size and forecast 2021-2026
      • Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.5 Europe - Market size and forecast 2021-2026
      • Exhibit 62: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 Japan - Market size and forecast 2021-2026
      • Exhibit 82: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.11 UK - Market size and forecast 2021-2026
      • Exhibit 86: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 87: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 88: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 89: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.12 Germany - Market size and forecast 2021-2026
      • Exhibit 90: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 91: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 92: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 93: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 94: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 95: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 96: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 97: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 98: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 99: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 100: Matrix on vendor position and classification
            • 10.3 Broadcom Inc.
              • Exhibit 101: Broadcom Inc. - Overview
              • Exhibit 102: Broadcom Inc. - Business segments
              • Exhibit 103: Broadcom Inc. - Key news
              • Exhibit 104: Broadcom Inc. - Key offerings
              • Exhibit 105: Broadcom Inc. - Segment focus
            • 10.4 Cisco Systems Inc.
              • Exhibit 106: Cisco Systems Inc. - Overview
              • Exhibit 107: Cisco Systems Inc. - Business segments
              • Exhibit 108: Cisco Systems Inc. - Key news
              • Exhibit 109: Cisco Systems Inc. - Key offerings
              • Exhibit 110: Cisco Systems Inc. - Segment focus
            • 10.5 Citrix Systems Inc.
              • Exhibit 111: Citrix Systems Inc. - Overview
              • Exhibit 112: Citrix Systems Inc. - Product / Service
              • Exhibit 113: Citrix Systems Inc. - Key news
              • Exhibit 114: Citrix Systems Inc. - Key offerings
            • 10.6 Dell Technologies Inc.
              • Exhibit 115: Dell Technologies Inc. - Overview
              • Exhibit 116: Dell Technologies Inc. - Business segments
              • Exhibit 117: Dell Technologies Inc. - Key news
              • Exhibit 118: Dell Technologies Inc. - Key offerings
              • Exhibit 119: Dell Technologies Inc. - Segment focus
            • 10.7 Fujitsu Ltd.
              • Exhibit 120: Fujitsu Ltd. - Overview
              • Exhibit 121: Fujitsu Ltd. - Business segments
              • Exhibit 122: Fujitsu Ltd. - Key offerings
              • Exhibit 123: Fujitsu Ltd. - Segment focus
            • 10.8 Hewlett Packard Enterprise Co.
              • Exhibit 124: Hewlett Packard Enterprise Co. - Overview
              • Exhibit 125: Hewlett Packard Enterprise Co. - Business segments
              • Exhibit 126: Hewlett Packard Enterprise Co. - Key news
              • Exhibit 127: Hewlett Packard Enterprise Co. - Key offerings
              • Exhibit 128: Hewlett Packard Enterprise Co. - Segment focus
            • 10.9 International Business Machines Corp.
              • Exhibit 129: International Business Machines Corp. - Overview
              • Exhibit 130: International Business Machines Corp. - Business segments
              • Exhibit 131: International Business Machines Corp. - Key offerings
              • Exhibit 132: International Business Machines Corp. - Segment focus
            • 10.10 Microsoft Corp.
              • Exhibit 133: Microsoft Corp. - Overview
              • Exhibit 134: Microsoft Corp. - Business segments
              • Exhibit 135: Microsoft Corp. - Key news
              • Exhibit 136: Microsoft Corp. - Key offerings
              • Exhibit 137: Microsoft Corp. - Segment focus
            • 10.11 NetApp Inc.
              • Exhibit 138: NetApp Inc. - Overview
              • Exhibit 139: NetApp Inc. - Business segments
              • Exhibit 140: NetApp Inc. - Key news
              • Exhibit 141: NetApp Inc. - Key offerings
              • Exhibit 142: NetApp Inc. - Segment focus
            • 10.12 Oracle Corp.
              • Exhibit 143: Oracle Corp. - Overview
              • Exhibit 144: Oracle Corp. - Business segments
              • Exhibit 145: Oracle Corp. - Key news
              • Exhibit 146: Oracle Corp. - Key offerings
              • Exhibit 147: Oracle Corp. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 148: Inclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 149: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 150: Research methodology
                • Exhibit 151: Validation techniques employed for market sizing
                • Exhibit 152: Information sources
              • 11.5 List of abbreviations
                • Exhibit 153: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
              Interested in this report?
              Get your FREE sample now!
              The software-defined storage market growth will increase by $44017.97 million during 2022-2026.
              The software-defined storage market is expected to grow at a CAGR of 24.69% during 2022-2026.
              Technavio has segmented the software-defined storage market by end-user (BFSI, Telecom and IT, Government, Healthcare, and Others) and geographic (North America, APAC, Europe, South America, and Middle East and Africa).
              Avaya Holdings Corp., Broadcom Inc., Cisco Systems Inc., Citrix Systems Inc., DataCore Software Corp., DataDirect Networks Inc., Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Hitachi Vantara LLC, Huawei technologies Co. Ltd., International Business Machines Corp., Lenovo Group Ltd., Microsoft Corp., NetApp Inc., Nutanix Inc., Oracle Corp., Pure Storage Inc., Telefonaktiebolaget LM Ericsson, VMware Inc. are a few of the key vendors in the software-defined storage market.
              North America will register the highest growth rate of 38.22% among the other regions. Therefore, the software-defined storage market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the software-defined storage market growth are:
              • Surge in cloud adoption
              • Rise of hyper-converged technology
              The software-defined storage market vendors should focus on grabbing business opportunities from the bfsi segment as it accounted for the largest market share in the base year.
              Safe and Secure SSL Encrypted
              Technavio

              Single User:

              2500 USD

              Technavio Get the report (PDF) sent to your email within minutes.

              Subscribe & Save

              Get lifetime access to our
              Technavio Insights

              Want to customize this report?

              This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

              We offer $1000 worth of FREE customization at the time of purchase
              Technavio
              Enquire Before Buying
              1. Home
              2. Information Technology
              3. Published Report
              17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>