How big is the Software-Defined Storage Market?

The Software-Defined Storage Market size is expected to reach USD 15.55 billion in 2024 and grow at a CAGR of 24.59% to reach USD 46.68 billion by 2029. Read More

What is the current Software-Defined Storage Market size?

In 2024, the Software-Defined Storage Market size is expected to reach USD 15.55 billion. Read More

Who are the key players in Software-Defined Storage Market?

IBM Corporation, Oracle Corporation, NetApp Inc., Huawei Technologies Co. Ltd and Fujitsu Limited are the major companies operating in the Software-Defined Storage Market. Read More

Which is the fastest growing region in Software-Defined Storage Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Software-Defined Storage Market?

In 2024, the North America accounts for the largest market share in Software-Defined Storage Market. Read More

What years does this Software-Defined Storage Market cover, and what was the market size in 2023?

In 2023, the Software-Defined Storage Market size was estimated at USD 11.73 billion. The report covers the Software-Defined Storage Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Software-Defined Storage Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Software-Defined Storage Market Share

Statistics for the 2023 & 2024 Software-Defined Storage market share, created by Mordor Intelligence™ Industry Reports. Software-Defined Storage share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Software-Defined Storage Industry

The software-defined storage market is fragmented, with major players like IBM Corporation, Oracle Corporation, and NetApp Inc. The key players in the market are continuously innovating new products and rising activities such as mergers and acquisitions and capacity expansion, further increasing the competition.

November 2023: DDN, a provider of multi-cloud data management solutions, has announced DDN Infinia, a next-generation software-defined storage platform. This platform leverages data orchestration and AI-based optimization to accelerate computing and generative AI. DDN Infinia combines multi-tenancy, containerization, and the highest levels of speed and efficiency with ease of management and powerful security attributes. The solution simplifies workflows for the data management demands.

September 2023: TD Securities, a Canadian investment bank that focuses on wholesale banking such as currency conversion and large trades, introduced its TD Securities' block storage setup made up of several storage pockets, making it hard to maintain. General infrastructure specialists managed storage at TD Securities. TD Securities has thus selected to move forward with a software-defined storage system, Dell PowerMax.