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Software Defined Storage - Global Market Outlook (2017-2023) - Research and MarketsThe "Software Defined Storage - Global Market Outlook (2017-2023)" report has been added to Research and Markets' offering. The Software Defined Storage Market accounted for $4.18 billion in 2016 and expected to grow at a CAGR of 39.0% to reach $42.1 billion by 2023. Factors like growth in the volume of data across enterprises, rise of software-defined (SD) concept and cost optimization in managing hardware are boosting the market growth. Absence of skilled workforce for effective deployment of SDS infrastructure and security and reliability concerns in virtual cloud storage will impede the market growth. Furthermore, competitive market environment and downtime avoidance of storage infrastructure provide wider opportunity for the market to grow. Banking, Financial Services, & Insurance (BFSI) application segment accounted for largest market revenue because it gives analysts sufficient time to plan and manage their data to comply with evolving government regulations. Software-Defined Storage Controller Software is expected to grow significantly during the forecast period. The security, and support & maintenance services are expected to grow at the highest CAGR during the forecast period. Applications Covered:
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Key Topics Covered: 1. Executive Summary 2. Preface 3. Market Trend Analysis 4. Porters Five Force Analysis 5. Global Software Defined Storage Market, By Application 6. Global Software Defined Storage Market, By Usage 7. Global Software Defined Storage Market, By Component 8. Global Software Defined Storage Market, By Organization Size 9. Global Software Defined Storage Market, By Geography 10. Key Developments 11. Company Profiling For more information about this report visit https://www.researchandmarkets.com/research/ngsw6w/software_defined View source version on businesswire.com: http://www.businesswire.com/news/home/20171228005218/en/ |