Global Software-Defined Storage Market to Grow at 25.1% CAGR, Driven by Cloud-Native Strategies and AI Integration

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TechMarket Experts, a unit of Industry Experts, Inc., has introduced a new study, "Software-Defined Storage (SDS) Platforms and Applications - A Global Market Overview," estimating that worldwide SDS revenues will grow from US$28 billion in 2024 to exceed US$107.6 billion by 2030, registering a CAGR of 25.1% during the forecast period. This surge is fueled by enterprises replacing rigid, hardware-centric models with flexible, software-driven architectures that decouple storage management from physical infrastructure. As unstructured data volumes escalate from IoT, edge computing, AI workloads, and video analytics, organizations are adopting SDS to enable scalable provisioning, cloud-native orchestration, and cost-efficient storage management.

North America led the global SDS market in 2024 with US$10.4 billion, representing 37.1% of total revenue, supported by mature IT ecosystems, early adoption of hyperconverged SDS, and strong demand from financial services, healthcare, and government sectors. Asia-Pacific is forecast to be the fastest-growing region, expanding at a CAGR of 31.8% between 2024 and 2030 to reach US$36.3 billion, driven by hyperscale data center buildouts, digital transformation in emerging economies, and government-backed cloud initiatives across China, India, and Southeast Asia.

Software-Defined Storage (SDS) Platforms and Applications Market

By service type, Data Backup dominated the SDS market in 2024 with US$8.06 billion, accounting for 28.7% of global revenue, fueled by demand for ransomware-resilient, scalable backup solutions with immutable snapshots and compliance readiness. This segment is also projected to grow the fastest, registering a CAGR of 29.3% to exceed US$37.6 billion by 2030, supported by AI-driven backup automation and regulatory mandates in sectors such as financial services and healthcare.

The report segments the market by Service Type (Data Backup & Disaster Recovery, Cloud Storage, Big Data Storage, Storage Provisioning, Data Archiving, Surveillance & Monitoring), Deployment Type (Cloud, On-Premises), Company Type (Large Enterprises, SMEs), and Industry Sector (BFSI, IT & Telecom, Manufacturing, Government, Healthcare, Retail & Ecommerce, Energy & Utilities, Transportation, Media & Entertainment, Other Industry Sectors) across five global regions and 29 countries. It also profiles over 30 companies including VMware, Red Hat (IBM), Nutanix, Dell Technologies, NetApp, Microsoft, Pure Storage, MinIO, Scality, Cloudian, and StorMagic.

For sample pages or purchase options, contact +1-320-497-3787 or visit Software-Defined Storage (SDS) Platforms and Applications Report

About TechMarket Experts
TechMarket Experts, a unit of Industry Experts, Inc., is your trusted source for independent and unbiased market research reports focused exclusively on the Information Technology (IT) and IT enabled services industries. We provide the reliable insights you need to unlock your tech growth and power your strategic decisions in today's dynamic IT landscape. For more information, contact us on +1-320-497-3787 or visit https://techmarketexperts.com/.

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