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renucoherentmarket

renucoherentmarket

Software Defined Storage Market to Generate Revenue of US$ 47.2 Billion by 2025

Management of Big Data is a major concerning factor for all enterprise and is one of the major factors for growth of the software defined storage solution market. This is attributed to features of software defined storage solutions including the ability to manage storage of big data, data flow, and access to unstructured data. Big data analytics involves examining of unstructured data from social media conversations, emails, wireless devices, rich media, and other sources which helps companies to understand the market trends and customer demand. The volume of such large data makes it virtually impossible for the companies to store and retrieve the required data at any time. Software defined storage have the capability to effectively manage this large volumes of data. Moreover, increasing demand for unstructured data for market insights also plays a key role for growth of the market.