Software Defined Infrastructure (SDI) Market, is anticipated to grow at a CAGR of ~20% from 2020 to 2030.
Market Industry Reports (MIR) has published a new report titled “Software Defined Infrastructure (SDI) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2030.” According to the report, the global Software Defined Infrastructure (SDI) market is anticipated to grow at a CAGR of ~20% from 2020 to 2030.
Software-Defined Infrastructure (SDI) is the future of IT infrastructure. Also, it completely transforms the infrastructure landscape and enables critical intelligence to deliver advanced services and powerful analytics for today’s businesses and consumers. Also, it offers cloud computing, legacy systems, and workload-centric architectures in a single manageable roof.
Moreover, established key players have been engaged in developing modern software-defined solutions. For instance, Red Hat Software has developed an SDI solution across hybrid cloud deployments with benefits including low total cost of ownership, freedom to innovate, high stability, reliability & performance, advanced built-in security, and manageability.
The increasing adoption of SDI solutions in BFSI and telecom industries is expected to fuel the market growth across the globe. Additionally, the growing demand for better alignment of IT infrastructure and deployment of data centers is propelling the market growth. Moreover, the increasing adoption of cloud computing and other cloud-based services is supplementing the market growth during the forecast period. Furthermore, the emergence of AI and the IoT is expected to create new opportunities in the market.
Browse key industry insights spread across 160 pages with market data tables & figures & charts from the report, Software Defined Infrastructure (SDI) Market, By Type (Storage Controller, Compute Software, and Networking Software), By Service (Implementation Service, Integration Service, and Consulting), By Organization Size (Small & Medium Size and Large Size), By End-Use Vertical (Manufacturing, Telecommunications, Automotive, Retail, BFSI, Government & Defense, and Healthcare) - Analysis & Forecast 2020-2030. in detail along with the table of contents:https://www.marketindustryreports.com/software-defined-infrastructure-sdi-market/382
However, the low adoption of SDI by small & medium-sized organizations due to its high cost is limiting the market growth across the globe. Also, lack of awareness regarding the benefits associated with SDI and the lack of standardization are factors that have been restraining the market growth. Moreover, increasing concerns associated with security are hampering the market growth.
North America accounted for the largest market share in 2019 and is expected to continue its dominance for the next few years. Europe accounted for the 2nd largest market share in 2019. However, the Asia Pacific region is expected to grow at the highest CAGR during the forecast period. The growth in this region can be attributed to the increasing demand for SDI in orchestration tools, such as controllers, from telecom service providers. Also, the presence of emerging economies, such as China and India, are expected to fuel the market growth in this region.
Some of the prominent players in the Software Defined Infrastructure (SDI) market include Amazon Web Services, Inc., Cisco Systems, FUJITSU, Hewlett Packard Enterprise Development LP, Hitachi Vantara LLC, IBM, Intel Corporation, Microsoft, Oracle, and VMware, Inc., among others.
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