[FURL=https://www.industryarc.com/Research/Software-defined-Anything-Market-Research-505352?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Software-Defined Anything Market[/FURL] Software-Defined Anything Market Size is forecast to reach $50 billion by 2026, at a CAGR of 20% during 2021-2026. Software-Defined Anything is an approach to control the network data from conventional workstations to portable smartphones and tablets and expanding network capability which can generate even greater security gaps. SDx solutions are used by large-scale IT infrastructure users, such as cloud service providers, telecommunication operators, and enterprises. The increasing demand for virtualization and cloud in data centers owing to provide unified management of all data center components, such as networking, server, storage, security, and other resources.Key Takeaways
Surge in the adoption of IoT and big data analytics along with the enhanced IT agility and network customization through fast and reliable applications securely have driven the growth of the market.
IT & Telecommunication sector witnessed a significant growth in the market owing to the growing emphasis on ensuring real-time and quick access to data along with several benefits offered by the cloud such as growing emphasis on ensuring real-time and quick access to data.
North America held the major share of 35% in the software-defined anything market owing to the surge in adoption of cloud technology due to advancement in technology and growth of IoT along with the adoption of hosted services.
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Software-Defined Anything Market Segment Analysis - By Geography
Software-Defined Anything Market in the North America region held a significant market share of 35% in 2020. Growing technology-focused projects and rising IT budgets in enterprises are expected to boost the software-defined anything market in the coming years in this region. The technological shift towards enhancing information portability, corporate standards, and norms are likely to focus more on data-centric solutions, driving the software-defined anything market over the forecast period. According to the U.S. Small Business Administration, the country has 30.2 billion small and medium-sized firms, many of which employ software to minimize the costs and complexity of internal systems.
Software-Defined Anything Market Drivers
The growth of data centers is expected to augment the growth of the software-defined anything market:
Growth of the internet of things (IoT) to augment the growth of the market:
Software-Defined Anything Market Landscape
Software-Defined Anything Market top 10 companies include Cisco Systems, IBM, Microsoft, Nokia, Extreme Networks, Juniper Networks, Oracle Corporation, Citrix, Red Hat, DataCore Software, Fortinet, Fujitsu, Lenovo, NetAppamong others.
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