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  • Software Defined Storage Market Scenario, Global Analysis By International Prestigious Players, Industry Demand, and Trends by Forecast 2030.

    Market Overview

    The Software-Defined Storage market industry is projected to grow from USD 18.9 Billion in 2022 to USD 30 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 30.00% during the forecast period (2022 - 2030).

    The increasing demand for data storage and the growing adoption of cloud technology are some of the factors driving the growth of the market.

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    Market Segmentation

    The global software defined storage market is segmented based on component, usage type, organization size, application, and region. By component, the market is divided into platforms/software and services. The services segment is further sub-segmented into consulting, integration and deployment, and support and maintenance. By usage type, the market is classified into data backup and disaster recovery, surveillance, storage provisioning and management, and others. By organization size, the market is segmented into small and medium-sized enterprises (SMEs) and large enterprises. By application, the market is divided into BFSI, healthcare, IT and telecom, government, education, and others.

    Top Key Players:

    The key players operating in the global software defined storage market include Dell EMC, Hewlett Packard Enterprise, IBM Corporation, Hitachi Data Systems Corporation, NetApp, Inc., VMware, Inc., Fujitsu Ltd., Cisco Systems, Inc., Western Digital Corporation, and DataCore Software.

    SDS is a storage architecture that separates the software layer from the underlying hardware layer. This allows businesses to deploy and manage storage resources more flexibly and efficiently. SDS is also more scalable than traditional storage solutions, making it ideal for businesses that need to store large amounts of data.

    The increasing adoption of cloud computing is also driving the growth of the SDS market. Cloud computing providers offer SDS as a service, which allows businesses to access scalable and reliable storage without having to invest in their own hardware.

    The rising volume of data generated by businesses is another factor driving the growth of the SDS market. Businesses are generating more data than ever before, and they need storage solutions that can keep up with this growth. SDS is a good solution for businesses that need to store large amounts of data in a cost-effective way.

    By component, the market is segmented into solutions/platforms and services. The solutions/platforms segment is expected to lead the market during the forecast period, due to the increasing demand for turnkey SDS solutions. The services segment is expected to grow at a faster rate than the solutions/platforms segment, due to the growing demand for professional services such as installation, configuration, and support.

    By application, the market is segmented into telecom & ITES, logistics & warehouse, healthcare, media, and others. The telecom & ITES segment is expected to lead the market during the forecast period, due to the increasing demand for data storage in the telecom and IT industry. The logistics & warehouse segment is expected to grow at a faster rate than the telecom & ITES segment, due to the increasing use of automation and robotics in the logistics and warehouse industry.

    By organization size, the market is segmented into large enterprises and small & medium enterprises (SMEs). The large enterprises segment is expected to lead the market during the forecast period, due to the high demand for SDS solutions in mission-critical applications. The SMEs segment is expected to grow at a faster rate than the large enterprises segment, due to the increasing adoption of SDS solutions in SMEs.

    By region, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). North America is expected to lead the market during the forecast period, due to the early adoption of SDS solutions in the region. Europe is expected to grow at a faster rate than North America, due to the increasing demand for SDS solutions in the cloud computing and media and entertainment industries. Asia Pacific is expected to be the fastest-growing region during the forecast period, due to the increasing demand for SDS solutions in the telecom and IT, and healthcare industries

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    Software Defined Storage Market Scenario, Global Analysis By International Prestigious Players, Industry Demand, and Trends by Forecast 2030. Market Overview The Software-Defined Storage market industry is projected to grow from USD 18.9 Billion in 2022 to USD 30 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 30.00% during the forecast period (2022 - 2030). The increasing demand for data storage and the growing adoption of cloud technology are some of the factors driving the growth of the market. Request Free Sample Report @ https://www.marketresearchfuture.com/sample_request/1958 Market Segmentation The global software defined storage market is segmented based on component, usage type, organization size, application, and region. By component, the market is divided into platforms/software and services. The services segment is further sub-segmented into consulting, integration and deployment, and support and maintenance. By usage type, the market is classified into data backup and disaster recovery, surveillance, storage provisioning and management, and others. By organization size, the market is segmented into small and medium-sized enterprises (SMEs) and large enterprises. By application, the market is divided into BFSI, healthcare, IT and telecom, government, education, and others. Top Key Players: The key players operating in the global software defined storage market include Dell EMC, Hewlett Packard Enterprise, IBM Corporation, Hitachi Data Systems Corporation, NetApp, Inc., VMware, Inc., Fujitsu Ltd., Cisco Systems, Inc., Western Digital Corporation, and DataCore Software. SDS is a storage architecture that separates the software layer from the underlying hardware layer. This allows businesses to deploy and manage storage resources more flexibly and efficiently. SDS is also more scalable than traditional storage solutions, making it ideal for businesses that need to store large amounts of data. The increasing adoption of cloud computing is also driving the growth of the SDS market. Cloud computing providers offer SDS as a service, which allows businesses to access scalable and reliable storage without having to invest in their own hardware. The rising volume of data generated by businesses is another factor driving the growth of the SDS market. Businesses are generating more data than ever before, and they need storage solutions that can keep up with this growth. SDS is a good solution for businesses that need to store large amounts of data in a cost-effective way. By component, the market is segmented into solutions/platforms and services. The solutions/platforms segment is expected to lead the market during the forecast period, due to the increasing demand for turnkey SDS solutions. The services segment is expected to grow at a faster rate than the solutions/platforms segment, due to the growing demand for professional services such as installation, configuration, and support. By application, the market is segmented into telecom & ITES, logistics & warehouse, healthcare, media, and others. The telecom & ITES segment is expected to lead the market during the forecast period, due to the increasing demand for data storage in the telecom and IT industry. The logistics & warehouse segment is expected to grow at a faster rate than the telecom & ITES segment, due to the increasing use of automation and robotics in the logistics and warehouse industry. By organization size, the market is segmented into large enterprises and small & medium enterprises (SMEs). The large enterprises segment is expected to lead the market during the forecast period, due to the high demand for SDS solutions in mission-critical applications. The SMEs segment is expected to grow at a faster rate than the large enterprises segment, due to the increasing adoption of SDS solutions in SMEs. By region, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). North America is expected to lead the market during the forecast period, due to the early adoption of SDS solutions in the region. Europe is expected to grow at a faster rate than North America, due to the increasing demand for SDS solutions in the cloud computing and media and entertainment industries. Asia Pacific is expected to be the fastest-growing region during the forecast period, due to the increasing demand for SDS solutions in the telecom and IT, and healthcare industries Access Full Report Now - https://www.marketresearchfuture.com/reports/software-defined-storage-market-1958 Related Articles In-Car Wireless Charging Market - https://www.openpr.com/news/3429670/in-car-wireless-charging-market-find-out-essential-strategies Inclinometers Market - https://www.openpr.com/news/3429717/inclinometers-market-demand-for-its-end-products-to-increase
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    Software Defined Storage Market Size, Share and Forecast 2030
    Software Defined Storage Market Size is grow USD 30 Billion at a CAGR of 30% by 2030, Global Software Defined Storage Industry Analysis by Component, Application, Organization Size, and Region
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  • Acetic Acid Market Size, Trends, Growth Status, Key Players Overview, Price Analysis, Share Estimation and Forecast to 2028
    The global acetic acid market sizeis expected to reach USD 13.79billion by 2027, exhibiting a CAGR of 8.4% during the forecast period. The rising consumption of solvents such as VAM in the chemical industry for paints & coatings, adhesives & sealants will bolster the healthy growth of the market, states Fortune Business Insights, in a report, titled “Acetic Acid Market Size, Share & Industry Analysis, By Application (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Ester Solvents, Acetic Anhydride, Others), and Geography Forecast, 2020-2027.” The market size stood at USD 8.34 billion in 2019.

    Covid-19 Impact:

    The coronavirus incident has brought the world to an unanticipated halt. We understand that this health disaster has negatively impacted various sectors across the globe. Rising support from governments and several companies can help in the fight against this highly infectious virus. There are some industries that are struggling and some are thriving. More or less, nearly every sector is estimated to be impacted by this pandemic.

    We are making endless efforts to uplift businesses in this crucial need of the hour. Our expertise and experience can offer enormous benefits to help regain during this global pandemic.


    Decreased Production to Hamper Market in COVID-19 Pandemic

    The reduced production of chemicals has negatively impacted on the market growth. The shutdown of factories due to a shortage of laborers and diminished supply of raw materials can dwindle the sales, in turn, affecting the growth of the market. However, the demand for ethanoic acid alongside the high consumption of sanitizers will subsequently aid in the recovery of the business amid coronavirus. Besides, health and safety concerns in healthcare facilities will further improve the prospects of the market in the near future.

    Regional Analysis:

    Heavy Investments in Polymers to Promote Growth in Asia Pacific

    The market in Asia Pacific is expected to hold the largest share in the global market owing to the rising polymer formulations in the region. The chemical is a key raw material used for the production of polymers in industries across Japan, China, and India. China is a major leader in polymers and chemicals. China's capacity further helps in the high production of ethanoic acid. According, to Chemical Market Associates, Inc. (CMAI) 400,000 tons per year demand is in China, from the global average demand. The improving construction industry in India is expected to further boost growth in the region. Europe is expected to hold a significant share during the forecast period owing to the rising demand from end-use sectors. The growing import activities will aid expansion in Europe. Moreover, the high production of methanol carbonylation, which has accounted for up to 65% of the world capacity, and other process oxidation of acetaldehyde by German producer Wacker will significantly create opportunities for the market in the region.

    Key Development:

    October 2019: BP and China’s Zhejiang Petroleum and Chemical Corporation (ZPCC) announced a memorandum of understanding (MOU) for exploring the creation of an equally-owned joint venture between the companies to build and operate 1 million tons per annum of the acetic acid plant in eastern China.

    Information source:

    https://www.fortunebusinessinsights.com/acetic-acid-market-103386
    Acetic Acid Market Size, Trends, Growth Status, Key Players Overview, Price Analysis, Share Estimation and Forecast to 2028 The global acetic acid market sizeis expected to reach USD 13.79billion by 2027, exhibiting a CAGR of 8.4% during the forecast period. The rising consumption of solvents such as VAM in the chemical industry for paints & coatings, adhesives & sealants will bolster the healthy growth of the market, states Fortune Business Insights, in a report, titled “Acetic Acid Market Size, Share & Industry Analysis, By Application (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Ester Solvents, Acetic Anhydride, Others), and Geography Forecast, 2020-2027.” The market size stood at USD 8.34 billion in 2019. Covid-19 Impact: The coronavirus incident has brought the world to an unanticipated halt. We understand that this health disaster has negatively impacted various sectors across the globe. Rising support from governments and several companies can help in the fight against this highly infectious virus. There are some industries that are struggling and some are thriving. More or less, nearly every sector is estimated to be impacted by this pandemic. We are making endless efforts to uplift businesses in this crucial need of the hour. Our expertise and experience can offer enormous benefits to help regain during this global pandemic. Decreased Production to Hamper Market in COVID-19 Pandemic The reduced production of chemicals has negatively impacted on the market growth. The shutdown of factories due to a shortage of laborers and diminished supply of raw materials can dwindle the sales, in turn, affecting the growth of the market. However, the demand for ethanoic acid alongside the high consumption of sanitizers will subsequently aid in the recovery of the business amid coronavirus. Besides, health and safety concerns in healthcare facilities will further improve the prospects of the market in the near future. Regional Analysis: Heavy Investments in Polymers to Promote Growth in Asia Pacific The market in Asia Pacific is expected to hold the largest share in the global market owing to the rising polymer formulations in the region. The chemical is a key raw material used for the production of polymers in industries across Japan, China, and India. China is a major leader in polymers and chemicals. China's capacity further helps in the high production of ethanoic acid. According, to Chemical Market Associates, Inc. (CMAI) 400,000 tons per year demand is in China, from the global average demand. The improving construction industry in India is expected to further boost growth in the region. Europe is expected to hold a significant share during the forecast period owing to the rising demand from end-use sectors. The growing import activities will aid expansion in Europe. Moreover, the high production of methanol carbonylation, which has accounted for up to 65% of the world capacity, and other process oxidation of acetaldehyde by German producer Wacker will significantly create opportunities for the market in the region. Key Development: October 2019: BP and China’s Zhejiang Petroleum and Chemical Corporation (ZPCC) announced a memorandum of understanding (MOU) for exploring the creation of an equally-owned joint venture between the companies to build and operate 1 million tons per annum of the acetic acid plant in eastern China. Information source: https://www.fortunebusinessinsights.com/acetic-acid-market-103386
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    Acetic Acid Market Size, Share | Global Research Report [2028]
    The global acetic acid market is projected to grow from $7.29 billion in 2021 to $10.54 billion in 2028 at a CAGR of 5.4% in forecast period, 2021-2028
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