Dublin, Jan. 23, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/tmfdqq/software_defined) has announced the addition of the "Software Defined Storage (SDS) Market by Component, & by Company Size - Global Forecast to 2019" report to their offering.
The rising need for storage virtualization software and the incessantly increasing data traffic has posed as a threat to enterprises and infrastructure providers alike. The increased cost overheads and complexities in the networking environment have given way to the adoption in the Software Defined Storage market, thereby aiding companies in cutting down their operational and capital expenditure (CAPEX).
Typically, the infrastructure cost of data centers rises while scaling up from their existing architectures. This often leads to several complexities and interoperability issues between different components, thereby increasing demand for seamless software defined storage. The SDS comprises storage hypervisors, storage virtualization software, control planes, and data services, wherein all the four components of storage software are empowered by specialized controllers, which abstract the controlling plane from the underlying physical equipment.
This report gives detailed insights into the global Software Defined Storage market split across various regions, components, verticals, and organization size. While the segments include storage hypervisors, storage virtualization software, control plane, and data services; by organization size includes small enterprise, medium enterprise, enterprise, and large enterprise; by vertical includes financial services, manufacturing, healthcare, defense & aerospace, education, government, telecom & IT, other verticals; by region includes North America (NA), Asia Pacific (APAC), Europe, Middle East & Africa, and Latin America (LA).
The report also emphasizes on key adoption trends, evolution of SDS, future opportunities and business cases in this innovative market. MarketsandMarkets expects an increasing adoption of SDS solutions, as major vendors are aggressively investing and rigorously working towards building cost effective storage virtualization solutions, in an effort to reduce the overall cost incurred by end-users.
The total Software Defined Storage market is expected to grow from $1409.7 million in 2014 to $6217.6 million by 2019, at an estimated Compound Annual Growth Rate (CAGR) of 34.6% from 2014 to 2019.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market overview
6 Industry Trends
7 Software Defined Storage Market Analysis, By Component
8 Software Defined Storage Market Analysis, By Organization Size
9 Software Defined Storage Market Analysis, By Vertical
10 Geographic Analysis
11 Competitive Landscape
12 Company Profiles
13 Appendix
Companies Mentioned:
- Amplidata
- EMC
- Hewlett-Packard
- Hitachi Data Systems
- IBM
- Microsoft Corporation
- Netapp
- Nexenta Systems
- Opentext
- Vmware
For more information visit http://www.researchandmarkets.com/research/tmfdqq/software_defined