Increased Operational Efficiency Provided by Software Defined Infrastructure to Drive Market Growth

International-Industry -News

Software Defined Infrastructure Market

Market Research Future has determined that the global software defined infrastructure market is expected to register growth at a promising CAGR of 22% during the assessment period from 2017 to 2023. The projected growth of the market indicates that the global SDI market is expected to reach an evaluation of USD 95 Bn by the end of 2023. Software-defined infrastructure or SDI is the definition of technical computer infrastructure which is entirely controlled by software and operations are independent of hardware specifics.

The deployment of SDI has numerous advantages for an organization. Software-defined infrastructure reduces capital expenditure and can automate manual resource provisions. SDI also increased computing flexibility, agility and several others. Reduced capital expenditure due to the adoption of SDI occurs due to the deployment of virtualization and cloud technologies. SDI facilitates the smooth running of organizations as it automates various processes making them more efficient. Moreover, SDI is helpful in improving the management of security, in increasing the productivity and the minimization of manual errors. The increasing demand for advanced IT infrastructure is a key driver of the market. The prominent rise of cloud computing and the presence of reduced capital expenditure is expected to drive the market substantially during the projection period. Additionally, SDI helps improve scalability, and many market players present in the global market are actively and consistently innovating on product offerings. Advancement of IT technology is expected to drive market growth over the assessment period further.

A noted lack in professionals with sufficient knowledge and expertise in the field of SDI is expected to deter market growth over the forecast period. However, due to the presence of multiple opportunities, the market is expected to grow exponentially, and market challenges are likely to be mitigated to some degree.

Key players

Some of the key players in the global software defined infrastructure market are VMware Inc. (U.S.), Hewlett Packard Enterprise Co. (U.S.), Cisco Systems, Inc. (U.S.), Oracle Corporation (U.S.), Dell Inc. (U.S.), Microsoft Corporation (U.S.), Hitachi, Ltd.(Japan), IBM Corporation (U.S.), Fujitsu, Ltd.(Japan), NEC Corporation (Japan), Citrix Systems, Inc. (U.S.), and others.

Some of the key innovators in this area are Arista Networks (U.S.), Nexenta Systems, Inc. (U.S.), Radware Corporation (Israel), Pica8, Inc.(U.S.), Juniper Networks (U.S.), Intel Corporation (U.S.), Wipro Limited (India), PLUMgrid Inc (U.S.), Plexxi (U.S.), Nokia (Finland), Red Hat, Inc. (U.S.), Brocade Communications Systems, Inc. (U.S.), Amazon Web Services (U.S.), Savvis (U.S.), and others.

The prominent players constantly keep innovating and investing in research and development in order to present a cost-effective portfolio. There have been recent mergers and acquisitions among the key players, where the business entities expect to strengthen their reach to their customer.

Regional Analysis

On the basis of geography, the market is studied for North America, Europe, Asia Pacific, and Rest of the World. Among these regions, the market is majorly dominated by North America at present due to higher concentration of cloud-based companies in countries like the United States and Canada.

Europe has acquired second spot in the market and is expected to show a decent growth rate. However, the Asia Pacific region is expected to show the highest CAGR during the forecast period. There are various new entrants in India and China that are deploying software defined infrastructure in their organizations. Moreover, the telecommunications industry in Asia Pacific is booming, which is influencing the growth of market in Asia Pacific.

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