Software Defined Storage Market has been valued at US ~$4 billion in the year 2016. Exponentially growing data volume across enterprises need for cost optimization in data management and rise in the “software defined” concept are some of the key factor which is supporting the market of software defined software. It is expected to the market will grow at CAGR of ~27% during the forecast period and expected to reach market size of US ~$18 billion by the end of forecast period. North America is dominating the Software Defined Storage Market whereas Asia Pacific has emerged as fastest growing market.
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