The Software Defined Storage Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The software defined storage market has seen significant expansion in the recent past. The market size increased from $27.89 billion in 2024 to $35.15 billion in 2025, showing a compound annual growth rate (CAGR) of 26.1%.
The software defined storage market is anticipated to expand significantly in the coming years, reaching a projected value of $89.19 billion by 2029. The market is predicted to grow at a compound annual growth rate (CAGR
Download Your Free Sample of the 2025 Software Defined Storage Market Report and Uncover Key Trends Now!The key drivers in the software defined storage market are:
• Increased demand for industrial mobility for remote process management
• Growth in data volume which needs efficient storage solutions
• The need for cost efficiency, agility and flexibility in storage
• Increasing trend of data mobility for seamless access and transfer
The software defined storage market covered in this report is segmented –
1) By Component: Management And Monitoring Tools, Networking Infrastructure, Software Controllers, Storage Devices
2) By Size Of Enterprise: Small And Medium Enterprise, Large Enterprise
3) By Usage: Data Backup And Disaster Recovery, Surveillance, Storage Provisioning, Other Usage
4) By End-User Industries: Banking, Financial Services And Insurance, Telecommunication And Information Technology (IT), Government, Other End-User Industries
The key trends in the software defined storage market are:
• The trend of software storage solutions is becoming more prevalent in the market.
• Increased adoption of hybrid cloud is shaping the future of the software defined storage market.
• Containerization is emerging as a significant trend in the industry.
• Edge computing and open source SDS are notable trends influencing the market's future.
Major companies in the software defined storage market are:
• Microsoft Corporation
• Dell Inc.
• Huawei Technologies Co. Ltd.
• Intel Corporation
• International Business Machines Corporation
• Cisco Systems Inc.
• Oracle Corporation
• Fujitsu Limited
• Hewlett Packard Enterprise
• NVIDIA Corporation
• Western Digital Corporation
• Seagate Technology PLC
• NetApp Inc.
• Juniper Networks Inc.
• OpenText Corporation
• Citrix Systems Inc.
• Hitachi Vantara Corp.
• Pure Storage Inc.
• Nutanix Inc.
• Inspur Systems Inc.
• Redapt Inc.
• Infinidat Limited
• Actifio Inc.
• Nexenta Systems Inc.
• Maxta Inc.
• FalconStor Software Inc.
• Scality Inc.
• Promise Technology Inc.
North America was the largest region in the software defined storage market in 2024