NEW YORK, Oct. 19, 2022 (GLOBE NEWSWIRE) — Kenneth Research has published an in-depth market report on “Global Software Defined Infrastructure (SDI) market‘ for the forecast period, i.e. 2022 – 2031, which includes the following factors:
- Market growth over the forecast period
- Detailed regional summary
- market segmentation
- Growth drivers and challenges
- Profiling of key market players
Global Software Defined Infrastructure (SDI) Market size:
The global software-defined infrastructure (SDI) market is anticipated to grow at a CAGR of ~19% during the forecast period i.e. 2022 – 2031. Additionally, the market recorded a revenue of approximately $16 billion in 2021. The growth of the market is primarily attributed to the increasing need of companies to manage networks and data centers simultaneously using software with minimal human intervention. In addition, a large number of storage devices and servers can be managed effectively and efficiently with the support of SDI, which is also likely to drive the market growth. In addition, software-defined infrastructure increases operational efficiencies by supporting enterprise infrastructure with information technology to control traffic risk. According to World Bank data, by 2022 total annual internet traffic is expected to increase by about 50 percent from 2020 levels and reach 4.8 zettabytes, equivalent to 150,000 GB per second. In addition, SDI reduces organizations’ expenses by replacing traditional infrastructure with modern infrastructure supported with hardware and software.
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Global Software Defined Infrastructure (SDI) Market: The central theses
- The North America region is expected to generate the largest share of sales by 2031
- The large company segment dominates the revenue chart
- The healthcare segment remains prominent in the vertical segment
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