Software-Defined Storage Market will register a CAGR of 23% during 2020-2024. The market’s growth momentum will Accelerate.
the surge in cloud adoption will be one of the major factors driving the growth of this market. Additionally, key Software-Defined Storage Market trends such as the Rise of Hyper-Converged Technology will also influence market growth during the forecast period.
Software-Defined Storage Market Size
During the forecast period, the Software-Defined Storage Market size will grow by $ 42.79 bn.
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Software-Defined Storage Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Software-Defined Storage Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the implementation challenges will also challenge the growth of the companies.
Broadcom Inc. | Cisco Systems Inc. | Citrix Systems Inc. | Dell Technologies Inc. | Fujitsu Ltd. | Hewlett Packard Enterprise Co. | International Business Machines Corp. | Microsoft Corp. | NetApp Inc. | Oracle Corp..list
are some of the companies covered in Technavio’s Software-Defined Storage Market report for 2020-2024.
Software-Defined Storage Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Software-Defined Storage Market.
The North America will account for the largest Software-Defined Storage Market share and during 2020-2024, the region will contribute to 35% of the market’s growth.
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