VMware, Inc. announced new innovations across the VMware Cloud Provider Platform that will help cloud providers further expand their business opportunities in the new application economy. It is anticipated to enable cloud providers to deliver industrialized hybrid clouds to customers from any location including customer data centers, cloud provider data centers, VMware Cloud on AWS as a managed service, and hyperscale public clouds.
Microsoft Corporation and London Stock Exchange Group (LSEG) entered into a long-term strategic partnership to architect LSEG’s data infrastructure using the Microsoft Cloud, and to jointly develop new products and services for data and analytics.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 4922
Published Date: May 02, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The increasing number of IoT connected devices as well as the expansion of software-defined storage portfolio by major players are the major factors driving the market growth.
The market size of software-defined data center is anticipated to attain a CAGR of 25.40% over the forecast period, i.e., 2023-2035.
The lack of a universally accepted virtualization standard for networks as well as the lack of required IT infrastructure globally are estimated to be the growth hindering factors for the market expansion.
The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
The major players in the market are VMware, Inc., Microsoft Corporation, Dell Inc., Hewlett Packard Enterprise Development LP, Juniper Networks, Inc., Citrix Systems, Inc., Oracle Corporation, IBM Corporation, Cisco Systems, Inc., Huawei Technologies Co., Ltd., Fujitsu Limited.
The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by component, enterprise size, industry, and by region.
The SMEs segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.