About Software Defined Storage (SDS)
Software-defined storage (SDS) is a central part of the software-defined data center (SDDC), which is an emerging information technology (IT). It has been designed for organizations to store business data and to enable the speedy delivery of IT services. In an SDS framework, storage services are delivered as a software layer that can be abstracted from the underlying hardware. SDS solutions eliminate the need for manual configuration of the operational process in the SDDC; these solutions accomplish the objective by according control to the software through the separation of the underlying hardware.
Technavio’s analysts forecast the global software defined storage (SDS) market to grow at a CAGR of 31.62% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global software defined storage (SDS) market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the implementation of software-defined storage solutions among enterprises worldwide.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Software Defined Storage (SDS) Market 2016-2020
Technavio recognizes the following companies as the key players in the global software defined storage (SDS) market: EMC, HP, IBM, and VMware.
Other Prominent Vendors in the market are: 6Wind, Arista Networks, Avaya, Big Switch Networks, Brocade, Cisco, Citrix, DataCore, Dell, Ericsson, Fujitsu, Hitachi Data Systems, Juniper Networks, NEC, NetApp, Nexenta, Nutanix, Pertino, Pivot3, Plexxi, PLUMgrid, and SwiftStack.
Commenting on the report, an analyst from Technavio’s team said: “Rise of OpenStack will be a key trend for market growth. OpenStack open source cloud computing platforms, deployed in the form of Infrastructure as a Service (IaaS), help organizations manage their data storage workloads in data centers. These are designed to control a large pool of storage, compute, and networking resources in data centers through OpenStack APIs. Networking resources are managed through a dashboard that gives administrators control while empowering their users to provision resources through a web interface.”
According to the report, one of the key drivers for market growth will be cost reduction and efficiency. Software-defined technology is poised to disrupt the traditional enterprise IT infrastructure model. Companies are under immense pressure to replace legacy IT infrastructure with innovative models that can cut costs significantly. Software-defined storage provides a lean business model and minimizes costs by automating process controls and replacing traditional hardware with software.
Further, the report states that risk of one of the major challenges for the market will be data privacy and security breach. Most companies are facing difficulties in protecting the data stored in software-defined storage systems. Cyber intrusions also disrupt businesses through the loss of confidential data. One such type of online malfeasance is denial-of-service attacks that cause servers and websites to malfunction. Such intrusions directly take control over servers and websites and can manipulate entire databases which might contain sensitive information.
EMC, HP, IBM, Vmware, 6Wind, Arista Networks, Avaya, Big Switch Networks, Brocade, Cisco, Citrix, DataCore, Dell, Ericsson, Fujitsu, Hitachi Data Systems, Juniper Networks, NEC, NetApp, Nexenta, Nutanix, Pertino, Pivot3, Plexxi, PLUMgrid, SwiftStack.