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The global software-defined anything market grew at a CAGR of 28% during 2014-2019. Software-defined anything, or SDx, is an advanced technique for controlling diverse networks via automated, virtual solutions rather than conventional hardware devices. It creates a framework for supporting several network topologies and complex data-intensive applications. Software-defined anything provides organizations with enhanced flexibility, faster network operations, cost optimization, and centralized data security. As a result, it is widely adopted across several industries, including BFSI, retail, healthcare, education, transportation, utilities, manufacturing, media & entertainment, IT, telecom, etc.
The growing demand for Software-defined Data Center (SDDC), where the data center services are controlled by policy-driven software, is primarily augmenting the market growth. Furthermore, the rising upgradations of existing data centers with cloud-based services and virtual networking systems are also driving the demand for SDx. The market is further catalyzed by the increasing adoption of software-defined networking (SDN) across both public and private sectors based on the emergence of big data and cloud computing technologies. The growing concerns over complex IT infrastructure management and computing challenges are also bolstering the demand for software-defined anything solutions. Moreover, private cloud services have gained traction across various organizations for automated business operations and replacement of conventional hardware devices with software-based, virtual systems. Furthermore, the rising concerns towards cyber threats and data breaching along with the prevalent trend of bring-your-own-device (BYOD), are also catalyzing the demand for SDx due to its data security and data recovery benefits. Several telecom companies are widely adopting software-defined anything solutions to provide customers with enhanced network efficiency, reliability, and customization, thereby driving the market growth.
The outbreak of the COVID-19 pandemic, in early 2020, has augmented the demand for software-defined anything due to the rising adoption of remote working models. As a result, there is an increasing demand for highly-secured network that is ensured by various advanced solutions, including software-defined anything. Looking forward, IMARC Group expects the global software-defined anything market to continue its strong growth during the next five years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global software-defined anything market report, along with forecasts for growth at the global, regional and country-level from 2020-2025. Our report has categorized the market based on region, type, and end-use industry.
Breakup by Type:
Breakup by End-Use Industry:
Breakup by Region:
The competitive landscape of the industry has also been examined with some of the key players being Cisco System Inc., Dell technologies Inc., Hewlett Packard Enterprise, International Business Machines Corporation, VMware, Inc., Juniper Networks Inc., Microsoft Corporation, Aryaka Networks Inc., Arista Networks Inc., Citrix Systems Inc., NEC Corporation, NetApp Inc., Pivot3 and Bigleaf Network Inc.
Key Questions Answered in This Report:
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