Software Defined Data Center Market Reaches $77.18 Billion by 2020 with Rising Demand - New Report by MarketsandMarkets
(PRWEB) April 17, 2015 -- This MarketsandMarkets report expects Software Defined Data Center Market to grow from $21.78 Billion in 2015 to $77.18 Billion in 2020 at an estimated Compound Annual Growth Rate (CAGR) of 28.8% from 2015 to 2020.
Browse 71 market data Tables and 44 Figures spread through 143 Pages and in-depth TOC on "Software Defined Data Center (SDDC) Market".
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This report studies the global Software Defined Data Center Market during the forecast period from 2015 to 2020.
MarketsandMarkets broadly segments the Software Defined Data Center Market by solution as SDN, SDC, SDS & application, by end user as cloud providers, telecommunication service providers and enterprises and by region that includes North America (NA), Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and Latin America (LA).
The report emphasizes on key adoption trends, evolution of data centers, future opportunities and business cases in this innovative market. MarketsandMarkets expects an increasing adoption of Software Defined Data Center solutions as major vendors are aggressively investing and rigorously working towards building cost effective data center solutions in an effort to reduce the overall cost incurred by end-users.
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As of 2014 North America is estimated to hold the largest share of the global Software Defined Data Center Market followed by APAC. However the Europe market is expected to grow at the highest CAGR of 39.6% from 2014 to 2019. A number of factors including energy efficiency and developing economies such as China and India. New data centers is creating positive impact on the growth of the software defined data center market in the Asia-Pacific region.
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