Increased uptime and reduced operational expenditure in enterprises fuel the growth of Software-Defined Data Center Market. SDDC services offer increased automation and agility, cost-savings, and Return on Investment (ROI).
The services segment is expected to grow at a higher CAGR during the forecast period. SDDC services are crucial for an organization. Broad expertise and deep knowledge of the service providers cater to specific challenges of end users and help in reducing risk and complexity. Additionally, these services help managers meet their ultimate objective of improved operability, and energy and resource utilization. The growing complexities of installation and deployment of SDDC are also expected to increase the demand for SDDC services.
The support and maintenance segment is expected to grow at a higher CAGR during the forecast period. Support and maintenance services include the support related to the implementation and use of solutions and are provided by SDDC vendors. Maintenance services facilitate upgrades to the existing systems and aid in solving product issues. Support services empower organizations to efficiently tackle service requests, such as end user issues, technical issues, and security issues. Support and maintenance services form an integral part of implementing SDDC. These services ensure uninterrupted operations of SDDC solutions deployed in organizations.
The Software-Defined Networking (SDN) is expected to grow at a higher CAGR during the forecast period. SDN offers a cost-effective alternative with greater control when compared to traditional networking. This alternative enables centralized controlling of the network traffic without configuring the settings of individual switches. SDN facilitates the provision of dynamic, cost-effective, manageable, and adaptable solutions, making it an ideal solution for dynamic applications utilizing high-bandwidth. SDN aids end users in managing the highest degree of change necessary on the network to support virtual workloads, reduce the complexity of the network in the data center, and enable automation and orchestration of network configurations. Moreover, SDN provides advantages such as on-demand and simplified implementation of rules, prioritization, and restrictions.
Retail is one of the fastest-growing verticals, owing to the rising number of eCommerce enterprises across the globe. Online retailing and cloud technologies have significantly disrupted the retail vertical, leading to the adoption of SDDC mainly for storage, backup, and security services. SDDC solution helps in renovating a business approach to use data center resources. Retailers get benefited and save costs by implementing software-defined systems, instead of investing in physical hardware solution and approach. This sector experiences various risks, which include information breaches of high-profile data, where security is a vital aspect for the firms. SDDC also overcomes these security problems by implementing security policies, which travel dynamically around Virtual Machines (VMs), in applications. It also simplifies the deployment of networking and various services, which provide a cost-effective solution to the enterprises. As a result, SDDC provides cost-effectiveness, enhancement in productivity, and a competitive advantage to various retailers prevailing in this market.