Software Defined Everything Market – Global Industry Analysis and Forecast (2023-2029)

Software Defined Everything Market size was valued at US$ 19.31 Bn in 2022 and the global Software Defined Everything revenue is expected to grow at 18.5% through 2022 to 2029, reaching nearly US$ 63.37 Bn.

Software Defined Everything Market Overview:

The term ‘Software-Defined’ means controlling single or multiple functions of a system using the software. When software-defined systems are implemented it always benefits businesses that are party to it. These benefits include lower operational costs, improved quality in products and services coupled with maximum efficiency. In other words, companies that use software-defined technologies always have a higher competitive advantage as compared to those that don’t. These software technologies include software-defined infrastructure, data centers, mobile networks, etc. software-defined services help businesses in the abstraction of their physical resources, automation of their systems, and implementing predictive algorithms for their systems.Software Defined Everything MarketTo know about the Research Methodology :- Request Free Sample Report In this report, the software-defined everything market's growth reasons, as well as the market's many segments (Type, Organization Size, End-User), are discussed. Data has been given by market players, regions, and specific requirements. This market report includes a comprehensive overview of all the significant improvements that are presently prevailing in all market segments. Key data analysis is presented in the form of statistics, infographics, and presentations. The study discusses the software-defined everything market's Drivers, Restraints, Opportunities, and Challenges. The report helps to assess the market growth drivers and determines how to use these drivers as a tool. The report also helps to rectify and resolve issues related to the global software-defined everything market situation.

Market Dynamics:

One of the primary drivers of the software-defined market is investments from customer service providers in software-defined systems to automate their data centers, infrastructure, etc. The increase in the size and scope of network-based systems in recent years has generated a need for systems to manage entire systems through software. Software-defined systems attempt to solve these problems by giving more scalability to improve the overall efficiency. A primary restraint in the global market is the high initial installation costs of software-based solutions. And even after the proper installations of these systems; these systems regularly need maintenance and handling for their optimum performance. Some companies prefer cost-cutting methods in these services which in turn compromises data centers and network infrastructures. This trend is expected to hamper the market in the forecast period (2023-29). The increased endorsements of cloud and IoT systems by various companies is expected to be a major opportunity in the growth of the market. For example in November 2021, the US-based cloud service company Oracle and Telecom giant Bharti Airtel announced a collaboration to provide cloud solutions for more than 1 million enterprise consumers. Recent trends like these are expected to create opportunities for the software-defined market in the global scenario in the aforementioned forecast period.

Segment Analysis:

By Type, the software-defined networking segment is expected to dominate the market in the year 2029. The ‘consumerism of IT’ is a big factor in the domination of this segment. i.e. IT sector is constantly under pressure to accommodate the increasing number of personal device users without affecting their privacy. The emergence of the software-as-a-service system is also responsible for the growth of this segment. The software-defined data center segment is expected to follow the networking segment in terms of growth in the forecast period (2022-2029). The colocation of different data centers at the same location to reduce the overall expenditure is projected to play a major role in the growth of this segment. The software-defined storage segment has lucrative growth opportunities in the same forecast period. This growth can be attributed to data storage vendors customizing their software-defined systems as per the requirements of their consumers. The software-defined computing segment is also expected to have a substantial growth prospect due to the developments in the big data industry.Software Defined Everything Market1 By End-User, the BFSI segment is expected to have the highest growth prospect in the same forecast period. This growth is since banking deals with large amounts of user data daily. The growing competition in the banking sector coupled with the rise of mobile banking apps is also responsible for the growth of this segment. The service provider segment is expected to follow the BFSI sector in terms of growth. The software service provider market is expected to reach US$ xx Bn by the year 2029 at a CAGR of 18.50%. The support and maintenance services segment is expected to grow at the highest CAGR in the aforementioned forecast period. Software-defined services also have promising opportunities in the government sector. For example, the software technology park (STP) policy implemented by the government of India is a 100% export-based scheme for the development and exports of software and professional services.

Software Defined Everything Market Regional Insights:

The North American region dominated the global market in the year 2022. This can be attributed to high revenue from the software market from the United States in the same year with US$ 197.02 billion. This high revenue continued in the following year i.e. 2022 with US$ 205.27 billion. Another reason is that major software-defined services companies in the world revenue-wise e.g. Oracle and SAP are present in the United States. The APAC region followed the North American market in terms of total software-defined services revenue. The primary reason behind these high growth prospects is governments from Asian countries like China rapidly developing critical infrastructures in their country. JD.com, one of China’s leading software companies was responsible for generating US$ 114.3 billion worth of revenue in the year 2022. The software segment accounted for nearly 8% of India’s GDP in 2022. According to a Gartner survey, software spending in India is expected to reach US$ 93 billion in 2022. Leading software firms from India e.g. TCS, Infosys, Wipro, TechMahindra are responsible for driving the growth of the software-defined market in the region. The objective of the report is to present a comprehensive analysis of the Software Defined Everything market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Software Defined Everything market dynamics, structure by analyzing the market segments and project the Software Defined Everything market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Software Defined Everything market make the report investor’s guide.

Software Defined Everything Market Scope: Inquire before buying

Software Defined Everything Market
Base Year 2022 Forecast Period 2023-2029
Historical Data CAGR Market Size in 2022 Market Size in 2029
2018 to 2022 18.5% US$ 19.31 Bn US$ 63.37 Bn
Segments Covered
by Organization Size SMEs Large Enterprises by Type Software-Defined Networking (SDN) Software-Defined Wide Area Network (SD-WAN) Software-Defined Data Center Software-Defined Computing (SDC) Software-Defined Storage (SDS) Software-Defined Data Center Networking (SDDCN) by End-User Service Provider Enterprises Banking, Financial Services, and Insurance (BFSI) Manufacturing Retail Healthcare Government Education Others
Regions Covered
North America United States Canada Mexico Europe UK France Germany Italy Spain Sweden Austria Rest of Europe Asia Pacific China S Korea Japan India Australia Indonesia Malaysia Vietnam Taiwan Bangladesh Pakistan Rest of APAC Middle East and Africa South Africa GCC Egypt Nigeria Rest of ME&A South America Brazil Argentina Rest of South America

Software Defined Everything Market Key Players

1. Cisco 2. Dell EMC 3. HPE 4. IBM 5. VMware 6. Huawei 7. Juniper Networks 8. Microsoft 9. Nokia 10.Oracle 11.Aryaka Networks 12.Big Switch Networks 13.Citrix 14.Extreme Networks 15.Infovista 16.NEC 17.Nutanix 18.Pluribus Networks 19.Red Hat 20.Silver Peak Systems 21.SUSE 22.Adaptiv Networks Frequently Asked Questions: 1. Which region has the largest share in Global Software Defined Everything Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Software Defined Everything Market? Ans: The Global Software Defined Everything Market is expected to grow at a CAGR of 18.50% during forecast period 2023-2029. 3. What is scope of the Global Software Defined Everything Market report? Ans: Global Software Defined Everything Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Software Defined Everything Market? Ans: The important key players in the Global Software Defined Everything Market are - Cisco, Dell EMC, HPE, IBM, VMware, Huawei, Juniper Networks, Microsoft, Nokia, Oracle, Aryaka Networks, Big Switch Networks, Citrix, Extreme Networks, Infovista, NEC, Nutanix, Pluribus Networks, Red Hat, Silver Peak Systems, SUSE, and Adaptiv Networks. 5. What is the study period of this market? Ans: The Global Software Defined Everything Market is studied from 2022 to 2029.
1. Global Software Defined Everything Market: Research Methodology 2. Global Software Defined Everything Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Software Defined Everything Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Software Defined Everything Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Software Defined Everything Market Segmentation 4.1 Global Software Defined Everything Market, by Organization Size (2022-2029) • SMEs • Large Enterprises 4.2 Global Software Defined Everything Market, by Type (2022-2029) • Software-Defined Networking (SDN) • Software-Defined Wide Area Network (SD-WAN) • Software-Defined Data Center • Software-Defined Computing (SDC) • Software-Defined Storage (SDS) • Software-Defined Data Center Networking (SDDCN) 4.3 Global Software Defined Everything Market, by End-User (2022-2029) • Service Provider • Enterprises • Banking, Financial Services, and Insurance (BFSI) • Manufacturing • Retail • Healthcare • Government • Education • Others 5. North America Software Defined Everything Market(2022-2029) 5.1 Global Software Defined Everything Market, by Organization Size (2022-2029) • SMEs • Large Enterprises 5.2 Global Software Defined Everything Market, by Type (2022-2029) • Software-Defined Networking (SDN) • Software-Defined Wide Area Network (SD-WAN) • Software-Defined Data Center • Software-Defined Computing (SDC) • Software-Defined Storage (SDS) • Software-Defined Data Center Networking (SDDCN) 5.3 Global Software Defined Everything Market, by End-User (2022-2029) • Service Provider • Enterprises • Banking, Financial Services, and Insurance (BFSI) • Manufacturing • Retail • Healthcare • Government • Education • Others 5.4 North America Software Defined Everything Market, by Country (2022-2029) • United States • Canada • Mexico 6. Asia Pacific Software Defined Everything Market (2022-2029) 6.1. Asia Pacific Software Defined Everything Market, by Organization Size (2022-2029) 6.2. Asia Pacific Software Defined Everything Market, by Type (2022-2029) 6.2. Asia Pacific Software Defined Everything Market, by End-User (2022-2029) 6.2. Asia Pacific Software Defined Everything Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Software Defined Everything Market (2022-2029) 7.1 Middle East and Africa Software Defined Everything Market, by Organization Size (2022-2029) 7.2. Middle East and Africa Software Defined Everything Market, by Type (2022-2029) 7.2. Middle East and Africa Software Defined Everything Market, by End-User (2022-2029) 7.4. Middle East and Africa Software Defined Everything Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Software Defined Everything Market (2022-2029) 8.1. Latin America Software Defined Everything Market, by Organization Size (2022-2029) 8.2. Latin America Software Defined Everything Market, by Type (2022-2029) 8.2. Latin America Software Defined Everything Market, by End-User (2022-2029) 8.4 Latin America Software Defined Everything Market, by Country (2022-2029) • Brazil • Argentina • Rest Of Latin America 9. European Software Defined Everything Market (2022-2029) 9.1. European Software Defined Everything Market, by Organization Size (2022-2029) 9.2. European Software Defined Everything Market, by Type (2022-2029) 9.3. European Software Defined Everything Market, by End-User (2022-2029) 9.4. European Software Defined Everything Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 10. Company Profile: Key players 10.1 Cisco 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Dell EMC 10.3 HPE 10.4 IBM 10.5 VMware 10.6 Huawei 10.7 Juniper Networks 10.8 Microsoft 10.9 Nokia 10.10 Oracle 10.11 Aryaka Networks 10.12 Big Switch Networks 10.13 Citrix 10.14 Extreme Networks 10.15 Infovista 10.16 NEC 10.17 Nutanix 10.18 Pluribus Networks 10.19 Red Hat 10.20 Silver Peak Systems 10.21 SUSE 10.22 Adaptiv Networks

About This Report

Report ID 55543
Category Information Technology & Telecommunication
Published Date July 2023
Updated Date
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