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