SDDCs doubling every year
The global software defined data center market is now expected to grow at a compounded annual rate of 97.48% from 2014-2018, , up from the 68.7% CAGR published by the firm just a few months ago. One of the key factors contributing to this market growth is the increasing demand for cloud computing -- enterprises are embracing both public and private cloud computing services as a way to cost-effectively boost performance and productivity, the firm found.
Back in August, Research and Markets expectedthe total SDDC market togrow from $396.1 million in 2013 to $5.41 billion by 2018, an estimated CAGR of 68.7% from 2013 to 2018. The market includes software-defined networks (SDN) and security, software-defined storage and software-defined server and compute.
[BATTLE ROYALE: Cisco takes fight to SDNs with bold Insieme launch]
Continued
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