Software-Defined Storage Market Size, Share, Investment Opportunities, Top Regions, Growth & Forecast by 2027

1. Software-Defined Storage Market Market Size, Share, Investment Opportunities, Top Regions, Growth & Forecast by 2024 The Global Software-Defined Storage Market is projected to reach a value of over USD 47.8 billion by 2027 at a CAGR of around 30.9%. The Software-Defined Storage is refers to a technology, which is used in data storage management that separates the functions responsible for provisioning capacity, controlling data placement as well as protecting data from a physical hardware on which is stored. Whereas, it benefits with features such as programmability & automation, quick changes & scaling up, and down & greater efficiency. Moreover, it is a part of a larger industry trend which includes software-defined networking (SDN), software-defined infrastructure and software-defined data centers. Hence, it also permit the user to upgrade or downgrade hardware according to the requirements. These advantage will lead to increase the adoption for the Software- Defined Storage market in the forecast period. Get Sample Copy of This Report @ https://www.forencisresearch.com/software-defined-storage- market-sample-pdf/ Software-Defined Storage Market: Drivers & Restraints Market Driver: Increasing Adoption of SDS Solution in the Banking Sector With the increasing adoption of SDS solution in the banking sector is witness to boost the growth of the market in the forecast period. As the financial sector required a high storage and high security to perform the tasks. Whereas, the SDS offers a various solution to enhance the operational efficiency by managing the data sets, as well as the data backup and recovery. In 2017, the Bank of America had spent more than USD

2. 250 million, as it switched to software-defined platform while getting rid of three data centers. Furthermore, with the growing digital platform the data is the most important thing. Where, the software defined platform as well as the storage solution is providing benefits to the bank globally to access, analyze and share the data from office operations. Hence, these trend will fuel the growth of the Software-Defined Storage market in the forecast period. Market Restraints: Lack of Skilled Workforce One of the major key concern of the market is the lack of skilled workforce which may hamper the market growth. However, the lack of skilled operators for the managing the transition toward Software-Defined Storage as well as the cyber threat issue are excepted to hinder the growth of the market. Whereas, the effective deployment of SDS infrastructure and reliability concerns in virtual cloud storage will also impact the market growth. Also, the need to educate the customers and to know the actual importance of SDS. Hence, the SDS vendors need to offer enhance solutions which helps to reduce the risk of storing the data on cloud. Software-Defined Storage Market: Key Segments Segmentation based on Usage Type: Surveillance, Data Backup and Disaster Recovery and Storage Provisioning. Segmentation based on Component:Platform and Services. Segmentation based on Enterprises Size: Small and Medium Enterprises and Large Enterprises. Segmentation based on Application: BFSI, Education, IT Services, Government, Manufacturing, Healthcare and Others. Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis. Request Report Methodology On Competition On Global Software-Defined Storage Market Market Here @ https://www.forencisresearch.com/software-defined-storage-market-request- methodology/

3. List of the leading companies operating in the Software-Defined Storage Market Market include: Huawei Technologies Co., Ltd (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis) Cisco Systems, Inc. SCALITY INC. FUJITSU INFINIDAT Dell Inc. IBM Corporation Hewlett Packard Enterprise Development LP VMware, Inc Hitachi Vantara LLC To Understand How COVID-19 Impact is Covered in This Report. Consult with an Analyst @ https://www.forencisresearch.com/software-defined-storage-market-consult-with-an-analyst/ Software-Defined Storage Market Market by Region Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific) North America (US, Canada, Mexico) Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe) Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa) South America (Brazil, Argentina, Rest of South America) Purchase this Premium Industry Research Report with Analysis @ https://www.forencisresearch.com/software-defined-storage-market-purchase-now/ About Forencis Research Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves

4. apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”. Contact Us FORENCIS RESEARCH Phone: +1 (720) 306 9020 Email:info@forencisresearch.com For more market research insights, please visit https://www.forencisresearch.com