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Global Software Defined Anything (SDx) Market Forecast To Grow At CAGR of more than 32% by 2020 Technology Articles | December 30, 2015
MarketResearchReports.Biz Analysts Recently Announced New Syndicated Research Report On "Global Software Defined Anything (SDx) Market" Over Period 2016-2020
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Market research analyst predicts the global software-defined anything (SDx) market to grow profoundly at a CAGR of more than 32% by 2020. The shift to virtualization is the primary growth driver for this market. Recently, it has been observed that companies are under pressure to replace their existing IT infrastructure with innovative models that can reduce costs significantly. Consequently Wholesale Jerseys From China , companies are increasingly adopting SDx as it provides a lean business model to minimize costs by automating the process control and replacing traditional hardware with software.
The need to simplify network management systems will drive the prospects for market growth during the forecast period. Since network management in organizations is a complex system, many firms are adopting software-defined networking solutions to instill agility and simplicity and reduce the total cost of ownership. With the help of software-defined networking solutions, firms can reap the benefits of reduced network provisioning time Wholesale Jerseys China , simplified network environment, reduced service costs, and enhanced network management efficiency.
Segmentation by technology and analysis of the SDx market
Software-defined data center (SDDC) Software-defined storage (SDS) Software-defined networking (SDN) Technavio market research analysts have estimated the SDN segment to be the fastest growing market segment during the predicted period. The recent increase in the incorporation of SDN in both public and private sectors due to growing demand for Big Data Wholesale Jerseys , BYOD, and cloud computing technologies will lead to the augmented demand for SDN technology during the forecast period.
Geographical segmentation of the SDx market
Americas APAC EMEA In this market study, analysts have estimated the Americas to be the largest growing market segment during the estimated period. The growing adoption of SDS technology by the North American firms to enhance their business process and efficiency will lead to the high growth of this market segment during the forecast period.