Software-Defined Data Center Market to Reach $235 Billion
Global Market Insights releases report
The software-defined data center (SDDC) market is set to grow from its current market value of more than $40 billion to over $235 billion by 2026, as reported in the latest study by Global Market Insights Inc. Growing demand for resource pooling, resiliency, data integrity, virtualization, and predictability among businesses is proliferating the market size.
SDDC is a paradigm shift to a virtualized data center from a hardware-centric data center. The deployment of SDDC allows hybrid cloud extensibility and data center virtualization, enabling IT organizations to reduce capital expenditure. This provides high availability and recoverability for all workloads. Additionally, it abstracts and automates flexible deployment for disaster recovery, reducing downtime for organizations. The adoption of cloud computing and server virtualization has brought an essential shift in the way computing resources are being deployed, scaled, and managed to drive the same benefits from their network. Apart from server virtualization technology, carriers have also been aggressively driving network innovations through various channels.