SDDC market to hit $90 billion by 2022
The software defined data center (SDDC) market is estimated to witness a CAGR [compound annual growth rate] of 19.88% to reach a total market size of $90.416 billion by 2022, up from $36.517 billion in 2017, according to new data from Research and Markets (www.researchandmarkets.com).
The upsurge in the use of the Internet and networking has heightened the demand for storage space, computing power, and complex networking, according to the research group. This increased demand has given rise to scaling up of infrastructure across various data centers and incremental budget allocation towards meeting the burgeoning IT infrastructure requirement.
SDDC is a sophisticated concept that allows the data centers to seamlessly scale up their infrastructure plus it helps the in the simplified management of all resources and unification of networking and server storage. It is cost effective, allows scalability, provides flexibility, and simplified manageability to data centers.
SDDS’s have an advantage of it being capable of being implemented on any hardware and also have multi-tenancy support. SDDC networks are the two segments of SDDC. Software defined storage is a data storage software to manage policy-based provisioning and management of data storage independent of underlying hardware. Software defined network is an approach to computer networking that allows network administrators to manage network services through abstraction of higher level functionality.