Europe Software Defined Storage Market Size, Share & Trends Analysis Report By Component, By Deployment (On-premises, and Cloud), By Organization Size, By End Use, By Application, By Country and Growth Forecast, 2024 - 2031

The Europe Software Defined Storage Market would witness market growth of 26.3% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Software Defined Storage Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $16,247.3 million by 2031. The UK market is exhibiting a CAGR of 25.3% during (2024 - 2031). Additionally, The France market would experience a CAGR of 27.4% during (2024 - 2031).

This market has applications across various industries and business environments. Due to its ability to offer highly scalable, flexible, and cost-efficient storage solutions, it is widely adopted in data centers to optimize storage management. Virtualized environments, where multiple virtual machines (VMs) are run on a single physical server, benefit from SDS because it abstracts the underlying physical hardware and provides centralized storage management.

SDS is at the center of modern cloud storage platforms, enabling organizations to create and manage highly scalable cloud storage environments. It is estimated that global public cloud spending reached approximately $600 billion in 2023, a substantial increase from $490 billion in 2022. For example, sales of Amazon Web Services (AWS), increased 13% year-over-year to $24.2 billion.

The increasing digital transformation across businesses of all sizes is driving the growth of market. As organizations adopt advanced technologies to streamline operations, enhance performance, and manage the growing volume of data, the need for scalable, flexible, and cost-effective storage solutions becomes critical. The rise in digital intensity, especially among large enterprises, accelerates the adoption of SDS technologies to meet these demands. According to Eurostat, in 2023, 59% of all businesses in the European Union achieved a basic level of digital intensity, with large businesses leading the charge. For large enterprises, 91% had reached a basic level of digital intensity, and 68% of these businesses reported having very high or high digital intensity. This adoption of digital technologies has spurred the need for innovative IT infrastructure, including Software Defined Storage (SDS). For instance, nations like Sweden and Finland have a high percentage of SMEs (80% and 86%, respectively) achieving basic digital intensity, while countries such as Romania and Bulgaria are still catching up, with only 27% and 28% of SMEs reaching this level. Thus, Europe’s digital transformation across large businesses and SMEs creates a growing demand for flexible, scalable storage solutions.

Based on Component, the market is segmented into Solutions (Storage Virtualization, Storage Provisioning & Orchestration, and Storage Replication), and Services (Support & Maintenance, Implementation & Integration, and Consulting). Based on Deployment, the market is segmented into On-premises, and Cloud. Based on Organization Size, the market is segmented into Large Enterprises, and Small & Medium-sized Enterprises (SMEs). Based on End Use, the market is segmented into BFSI, IT & Telecommunications, Retail & E-commerce, Healthcare, Logistics & Warehouse, Media & Entertainment, and Other End Use. Based on Application, the market is segmented into Data Backup and Disaster Recovery, Cloud Storage, Big Data Storage, Storage Provisioning, Data Archiving, and Other Application. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

• Microsoft Corporation
• Dell Technologies, Inc.
• Hewlett Packard Enterprise Company
• D2iQ, Inc.
• Oracle Corporation
• Cisco Systems, Inc.
• Amazon Web Services, Inc. (Amazon.com, Inc.)
• IBM Corporation
• Google LLC (Alphabet Inc.)
• Ericsson AB
• DataCore Software Corporation

Europe Software Defined Storage Market Report Segmentation

By Component

• Solutions
• Storage Virtualization
• Storage Provisioning & Orchestration
• Storage Replication
• Services
• Support & Maintenance
• Implementation & Integration
• Consulting

By Deployment

• On-premises
• Cloud

By Organization Size

• Large Enterprises
• Small & Medium-sized Enterprises (SMEs)

By End Use

• BFSI
• IT & Telecommunications
• Retail & E-commerce
• Healthcare
• Logistics & Warehouse
• Media & Entertainment
• Other End Use

By Application

• Data Backup and Disaster Recovery
• Cloud Storage
• Big Data Storage
• Storage Provisioning
• Data Archiving
• Other Application

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

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