In a recent published report, Kenneth Research has updated the market report for Software-Defined Infrastructure Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Software-Defined Infrastructure Market products.
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The Software-Defined Infrastructure Market is estimated to record a significant growth throughout the forecast period. The ICT sector constitutes 4.8% of the European economy. Europe’s organization ERDF i.e. European Regional Development Fund has allotted approximately USD 23 billion for investments related to ICT during the funding period 2014-2020. ICT refers to the communication technologies including the internet, wireless networks, social networking, cell phones, video-conferencing, computers, software, and other media applications and services enabling users to access, retrieve, and manipulate information in a digital form.
Market Synopsis
Software Defined Infrastructure (SDI) is a method of controlling IT infrastructure with the help of software. In general, SDI is a combination of networking, storage, and computing, which are pre-defined by hardware and software solutions. Deploying SDI in an organization has numerous advantages, such as reduction of capital expenditures, automation of manual resource provisioning, increase in flexibility, agility, and others. Software defined infrastructure helps in minimising capital expenditures in two ways. The first method is by providing defined protocols and standards for limiting dependency on software and hardware, and the second method is by deploying virtualization and cloud technologies in existing IT environment as a substitute for providing new equipment for increasing scalability.
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Software defined infrastructure helps IT organizations to run smoothly by automating the processes within the organization. The removal of manual tasks and provision of rule-based server are driving IT organizations to deploy SDI. SDI helps in improving security management, increasing staff productivity and minimising manual errors.
The demand for better alignment of IT infrastructure in an organization, increase in deployment of data centers, rise in prominence of cloud computing, and reduction in capital expenditures are primarily driving the market growth. The deployment of hybrid cloud services and artificial intelligence, coupled with existing infrastructure can be an added advantage. Cisco Systems, an American Multinational Company, is currently working on Application-Centric Infrastructure (ACI).
The Cisco ACI is considered as the industry leading software defined networking module which helps in enabling application agility and datacentre automation. Many key players are innovating in this field and are helping organizations to drive towards software defined infrastructure. Lack of sufficient knowledge and expertise in the field of software defined infrastructure is hampering the market growth.
Segmentation
The global software defined infrastructure market is segmented into solution, services, vertical, and region. On the basis of solution, the segment is further classified into SDN (software defined networking), SDS (software defined storage), SDC (software defined computing), and others. On the basis of services, the segment is further classified into managed services, consulting services, integration, and deployment services. The software defined infrastructure is used in many verticals, such as BFSI, retail, telecom, manufacturing, healthcare, transportation, government, defense and others.Global software defined infrastructure market is expected to reach USD 95 billion at CAGR 22% through the forecast period.
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Regional Analysis
The global software defined infrastructure market is studied for North America, Europe, Asia Pacific, and Rest of the World. North America dominates the market for software defined infrastructure, followed by Europe. The presence of major players and increasing deployments in data centers in the North America are supporting the market growth. Asia Pacific is anticipated to show high growth rate during the forecast period. The rising economic conditions in developing countries, such as India, China, and Taiwan, and increase in deployment of server virtualization platforms are promoting the software defined infrastructure market. The adoption of Network Function Virtualization (NFV) and Software Defined Networking (SDN) in countries instead of like Japan, are fuelling the market growth.
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 SDI market 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.
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Intended Audience
Network Service Providers
Cloud Services Providers
Data Center Vendors
Colocation Providers
Internet Services Providers (ISPs)
Enterprises
End-Users
System Integrators
Government Agencies
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