PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1565161
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1565161
Software Defined Storage
Global Software Defined Storage Market to Reach US$90.4 Billion by 2030
The global market for Software Defined Storage estimated at US$19.9 Billion in the year 2023, is expected to reach US$90.4 Billion by 2030, growing at a CAGR of 24.2% over the analysis period 2023-2030. Solutions Component, one of the segments analyzed in the report, is expected to record a 20.2% CAGR and reach US$50.3 Billion by the end of the analysis period. Growth in the Services Component segment is estimated at 31.1% CAGR over the analysis period.
The U.S. Market is Estimated at US$5.5 Billion While China is Forecast to Grow at 23.3% CAGR
The Software Defined Storage market in the U.S. is estimated at US$5.5 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$13.8 Billion by the year 2030 trailing a CAGR of 23.3% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 20.9% and 20.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 16.8% CAGR.
Global Software Defined Storage Market - Key Trends and Drivers Summarized
Why Is Software Defined Storage Gaining Traction in Modern IT Infrastructures?
Software Defined Storage (SDS) is rapidly becoming a cornerstone of modern IT infrastructures due to its ability to provide scalable, flexible, and cost-effective data storage solutions. Unlike traditional storage systems that rely on proprietary hardware, SDS decouples storage software from hardware, enabling organizations to manage data storage resources dynamically across multiple platforms. This flexibility is crucial in today’s data-driven environment, where businesses face exponential growth in data volumes and the need for efficient storage management. SDS offers a unified and centralized storage management platform that simplifies data operations, reduces storage costs, and enhances data accessibility across on-premises, cloud, and hybrid environments. The growing adoption of hyper-converged infrastructure (HCI), which integrates compute, storage, and networking into a single system, is further driving the demand for SDS solutions, especially in sectors like IT and telecom, healthcare, BFSI, and retail.
How Are Technological Advancements Revolutionizing Software Defined Storage Solutions?
Technological advancements in AI, machine learning, and automation are revolutionizing Software Defined Storage solutions, enabling more intelligent and proactive data management. AI-driven analytics and predictive modeling are being integrated into SDS platforms to optimize storage resource allocation, detect anomalies, and anticipate potential failures, thereby improving system reliability and performance. The rise of containerized applications and microservices architectures is also influencing the development of SDS solutions that offer greater flexibility, scalability, and support for Kubernetes and Docker environments. The convergence of SDS with data protection, backup, and disaster recovery solutions is enhancing its appeal among enterprises looking for comprehensive storage solutions. Additionally, advancements in NVMe (Non-Volatile Memory Express) and all-flash storage are enabling SDS to deliver high-performance storage capabilities required for data-intensive applications such as artificial intelligence, big data analytics, and high-performance computing (HPC).
Which Market Segments Are Driving the Growth of the Software Defined Storage Industry?
Components include platforms/software and services, with platforms/software holding the largest market share due to their core role in enabling SDS functionality. Storage types are categorized into file storage, block storage, and object storage, with object storage witnessing significant growth due to its suitability for handling unstructured data and cloud-native applications. Organization size is divided into small and medium-sized enterprises (SMEs) and large enterprises, with large enterprises leading the market due to their extensive storage needs and focus on IT modernization. End-use industries comprise IT and telecom, BFSI, healthcare, retail, government, and others, with IT and telecom leading the market due to their high data storage requirements and rapid digital transformation initiatives. Geographically, North America and Europe are the largest markets for SDS, while Asia-Pacific is experiencing rapid growth due to increasing data center investments and cloud adoption.
What Are the Key Drivers of Growth in the Software Defined Storage Market?
The growth in the Software Defined Storage market is driven by several factors, including the rising need for scalable and flexible data storage solutions, advancements in AI and machine learning, and the growing adoption of hyper-converged infrastructure and cloud environments. The increasing volume of unstructured data generated by digital transformation, IoT, and big data analytics is driving the demand for SDS solutions that offer efficient storage management and cost optimization. The integration of AI-driven predictive analytics and automation capabilities in SDS platforms is enhancing storage performance, reliability, and operational efficiency, supporting market growth. The shift towards containerized applications and microservices architectures, coupled with the growing emphasis on data security, compliance, and disaster recovery, is creating new opportunities for SDS providers. Additionally, the focus on reducing storage silos, enhancing data accessibility, and improving storage utilization is further propelling the adoption of Software Defined Storage solutions in the global market.
Select Competitors (Total 46 Featured) -
- Arista Networks, Inc.
- Avaya, Inc.
- Big Switch Networks, Inc.
- Broadcom Ltd.
- Cisco Systems, Inc.
- Citrix Systems, Inc.
- Datacore Software
- Dell EMC
- Dell Technologies
- Ericsson AB
- Fujitsu Ltd.
- Hewlett-Packard Development Company LP
- Hitachi Data Systems Corporation
- IBM Corporation
- Juniper Networks, Inc.
- NetApp, Inc.
- Nexenta Systems, Inc.
- Nutanix, Inc.
- Pivot3, Inc.
- SwiftStack Inc.
- Vmware, Inc.
TABLE OF CONTENTS
I. METHODOLOGY
II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Software Defined Storage - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- 2. FOCUS ON SELECT PLAYERS
- 3. MARKET TRENDS & DRIVERS
- Rising Need for Data Storage Scalability and Flexibility Drives Demand for Software Defined Storage Solutions
- Growing Adoption of Hyper-Converged Infrastructure Expands Addressable Market for Software Defined Storage
- Technological Advancements in Software Defined Storage Architectures Propel Market Growth
- Challenges Related to Data Migration, Integration, and Management Pose Market Constraints
- Emergence of AI and Machine Learning in Predictive Storage Management Drives Market Innovation
- Rising Demand for Software Defined Storage in Data-Intensive Applications Expands Market Scope
- Focus on Simplifying Storage Management and Reducing Operational Complexity Boosts Market Competitiveness
- Shift Towards Unified Storage and Data Management Platforms Spurs Market Growth
- Expansion of Software Defined Storage in Edge Computing and IoT Applications Creates New Opportunities
- Focus on Reducing Storage Silos and Enhancing Interoperability Drives Market Adoption
- Rising Demand for High-Performance Computing (HPC) and Big Data Analytics Fuels Market Growth
- 4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: World Software Defined Storage Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
- TABLE 2: World Recent Past, Current & Future Analysis for Software Defined Storage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 3: World 7-Year Perspective for Software Defined Storage by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2024 & 2030
- TABLE 4: World Recent Past, Current & Future Analysis for Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 5: World 7-Year Perspective for Solutions by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- TABLE 6: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 7: World 7-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- TABLE 8: World Recent Past, Current & Future Analysis for Storage Provisioning & High Availability by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 9: World 7-Year Perspective for Storage Provisioning & High Availability by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- TABLE 10: World Recent Past, Current & Future Analysis for Data-Backup & Disaster Recovery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 11: World 7-Year Perspective for Data-Backup & Disaster Recovery by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- TABLE 12: World Recent Past, Current & Future Analysis for Surveillance by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 13: World 7-Year Perspective for Surveillance by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- TABLE 14: World Recent Past, Current & Future Analysis for Other Usage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 15: World 7-Year Perspective for Other Usage by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
III. MARKET ANALYSIS
- UNITED STATES
- Software Defined Storage Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
- TABLE 16: USA Recent Past, Current & Future Analysis for Software Defined Storage by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 17: USA 7-Year Perspective for Software Defined Storage by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2024 & 2030
- TABLE 18: USA Recent Past, Current & Future Analysis for Software Defined Storage by Usage - Storage Provisioning & High Availability, Data-Backup & Disaster Recovery, Surveillance and Other Usage - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 19: USA 7-Year Perspective for Software Defined Storage by Usage - Percentage Breakdown of Value Sales for Storage Provisioning & High Availability, Data-Backup & Disaster Recovery, Surveillance and Other Usage for the Years 2024 & 2030
- CANADA
- TABLE 20: Canada Recent Past, Current & Future Analysis for Software Defined Storage by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 21: Canada 7-Year Perspective for Software Defined Storage by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2024 & 2030
- TABLE 22: Canada Recent Past, Current & Future Analysis for Software Defined Storage by Usage - Storage Provisioning & High Availability, Data-Backup & Disaster Recovery, Surveillance and Other Usage - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 23: Canada 7-Year Perspective for Software Defined Storage by Usage - Percentage Breakdown of Value Sales for Storage Provisioning & High Availability, Data-Backup & Disaster Recovery, Surveillance and Other Usage for the Years 2024 & 2030
- JAPAN
- Software Defined Storage Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
- TABLE 24: Japan Recent Past, Current & Future Analysis for Software Defined Storage by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 25: Japan 7-Year Perspective for Software Defined Storage by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2024 & 2030
- TABLE 26: Japan Recent Past, Current & Future Analysis for Software Defined Storage by Usage - Storage Provisioning & High Availability, Data-Backup & Disaster Recovery, Surveillance and Other Usage - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 27: Japan 7-Year Perspective for Software Defined Storage by Usage - Percentage Breakdown of Value Sales for Storage Provisioning & High Availability, Data-Backup & Disaster Recovery, Surveillance and Other Usage for the Years 2024 & 2030
- CHINA
- Software Defined Storage Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
- TABLE 28: China Recent Past, Current & Future Analysis for Software Defined Storage by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 29: China 7-Year Perspective for Software Defined Storage by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2024 & 2030
- TABLE 30: China Recent Past, Current & Future Analysis for Software Defined Storage by Usage - Storage Provisioning & High Availability, Data-Backup & Disaster Recovery, Surveillance and Other Usage - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 31: China 7-Year Perspective for Software Defined Storage by Usage - Percentage Breakdown of Value Sales for Storage Provisioning & High Availability, Data-Backup & Disaster Recovery, Surveillance and Other Usage for the Years 2024 & 2030
- EUROPE
- Software Defined Storage Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
- TABLE 32: Europe Recent Past, Current & Future Analysis for Software Defined Storage by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 33: Europe 7-Year Perspective for Software Defined Storage by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2024 & 2030
- TABLE 34: Europe Recent Past, Current & Future Analysis for Software Defined Storage by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 35: Europe 7-Year Perspective for Software Defined Storage by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2024 & 2030
- TABLE 36: Europe Recent Past, Current & Future Analysis for Software Defined Storage by Usage - Storage Provisioning & High Availability, Data-Backup & Disaster Recovery, Surveillance and Other Usage - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 37: Europe 7-Year Perspective for Software Defined Storage by Usage - Percentage Breakdown of Value Sales for Storage Provisioning & High Availability, Data-Backup & Disaster Recovery, Surveillance and Other Usage for the Years 2024 & 2030
- FRANCE
- Software Defined Storage Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
- TABLE 38: France Recent Past, Current & Future Analysis for Software Defined Storage by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 39: France 7-Year Perspective for Software Defined Storage by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2024 & 2030
- TABLE 40: France Recent Past, Current & Future Analysis for Software Defined Storage by Usage - Storage Provisioning & High Availability, Data-Backup & Disaster Recovery, Surveillance and Other Usage - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 41: France 7-Year Perspective for Software Defined Storage by Usage - Percentage Breakdown of Value Sales for Storage Provisioning & High Availability, Data-Backup & Disaster Recovery, Surveillance and Other Usage for the Years 2024 & 2030
- GERMANY
- Software Defined Storage Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
- TABLE 42: Germany Recent Past, Current & Future Analysis for Software Defined Storage by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 43: Germany 7-Year Perspective for Software Defined Storage by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2024 & 2030
- TABLE 44: Germany Recent Past, Current & Future Analysis for Software Defined Storage by Usage - Storage Provisioning & High Availability, Data-Backup & Disaster Recovery, Surveillance and Other Usage - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 45: Germany 7-Year Perspective for Software Defined Storage by Usage - Percentage Breakdown of Value Sales for Storage Provisioning & High Availability, Data-Backup & Disaster Recovery, Surveillance and Other Usage for the Years 2024 & 2030
- ITALY
- TABLE 46: Italy Recent Past, Current & Future Analysis for Software Defined Storage by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 47: Italy 7-Year Perspective for Software Defined Storage by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2024 & 2030
- TABLE 48: Italy Recent Past, Current & Future Analysis for Software Defined Storage by Usage - Storage Provisioning & High Availability, Data-Backup & Disaster Recovery, Surveillance and Other Usage - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 49: Italy 7-Year Perspective for Software Defined Storage by Usage - Percentage Breakdown of Value Sales for Storage Provisioning & High Availability, Data-Backup & Disaster Recovery, Surveillance and Other Usage for the Years 2024 & 2030
- UNITED KINGDOM
- Software Defined Storage Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
- TABLE 50: UK Recent Past, Current & Future Analysis for Software Defined Storage by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 51: UK 7-Year Perspective for Software Defined Storage by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2024 & 2030
- TABLE 52: UK Recent Past, Current & Future Analysis for Software Defined Storage by Usage - Storage Provisioning & High Availability, Data-Backup & Disaster Recovery, Surveillance and Other Usage - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 53: UK 7-Year Perspective for Software Defined Storage by Usage - Percentage Breakdown of Value Sales for Storage Provisioning & High Availability, Data-Backup & Disaster Recovery, Surveillance and Other Usage for the Years 2024 & 2030
- REST OF EUROPE
- TABLE 54: Rest of Europe Recent Past, Current & Future Analysis for Software Defined Storage by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 55: Rest of Europe 7-Year Perspective for Software Defined Storage by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2024 & 2030
- TABLE 56: Rest of Europe Recent Past, Current & Future Analysis for Software Defined Storage by Usage - Storage Provisioning & High Availability, Data-Backup & Disaster Recovery, Surveillance and Other Usage - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 57: Rest of Europe 7-Year Perspective for Software Defined Storage by Usage - Percentage Breakdown of Value Sales for Storage Provisioning & High Availability, Data-Backup & Disaster Recovery, Surveillance and Other Usage for the Years 2024 & 2030
- ASIA-PACIFIC
- Software Defined Storage Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
- TABLE 58: Asia-Pacific Recent Past, Current & Future Analysis for Software Defined Storage by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 59: Asia-Pacific 7-Year Perspective for Software Defined Storage by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2024 & 2030
- TABLE 60: Asia-Pacific Recent Past, Current & Future Analysis for Software Defined Storage by Usage - Storage Provisioning & High Availability, Data-Backup & Disaster Recovery, Surveillance and Other Usage - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 61: Asia-Pacific 7-Year Perspective for Software Defined Storage by Usage - Percentage Breakdown of Value Sales for Storage Provisioning & High Availability, Data-Backup & Disaster Recovery, Surveillance and Other Usage for the Years 2024 & 2030
- REST OF WORLD
- TABLE 62: Rest of World Recent Past, Current & Future Analysis for Software Defined Storage by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 63: Rest of World 7-Year Perspective for Software Defined Storage by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2024 & 2030
- TABLE 64: Rest of World Recent Past, Current & Future Analysis for Software Defined Storage by Usage - Storage Provisioning & High Availability, Data-Backup & Disaster Recovery, Surveillance and Other Usage - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 65: Rest of World 7-Year Perspective for Software Defined Storage by Usage - Percentage Breakdown of Value Sales for Storage Provisioning & High Availability, Data-Backup & Disaster Recovery, Surveillance and Other Usage for the Years 2024 & 2030
IV. COMPETITION
