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Software Defined Data Center (SDDC) Market to Reach $5.41 Billion by 2018 at a 68.7% CAGR - New Report by MarketsandMarkets
Date:8/20/2013

tart-ups are getting into this escalating market for SDDC.

The major forces driving this market are the innovations in processing power and memory, high demand for resource pooling, manual/custom networking configurations. There has also been a shift in the pricing models from hardware-based to software-based pricing along with the requirement for multi-tenancy support and vendor lock-in break downs. Companies providing virtualization and software defined solutions are looking forward to gain a better competitive advantage in this growing market, thereby creating new solutions and intelligent and integrated management platforms for the overall and integrated SDDCs.

The global SDDC market is estimated at $396.1 million in 2013 and expected to grow to $5.41 billion in 2018. This represents an estimated CAGR of 68.7% from 2013 to 2018. In the current scenario, telecommunication service providers continue to be the largest user for SDDC solutions followed by cloud service providers. In terms of regions, North America is expected to be the biggest market, while Asia-Pacific (APAC) is expected to grow at a significantly faster pace in the coming years.

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