TECH SUPPLIER Jul 2020 - Market Forecast - Doc # US46067120

Worldwide Software-Defined Compute Software Forecast, 2020–2024

By: Gary ChenResearch Director, Software Defined Compute

Abstract

This IDC study provides a top-down sizing of the software-defined compute software market in 2019 and a 2020–2024 forecast for this market. Historical and forecast revenue data is shown for the total worldwide market, and forecast revenue data is broken out by region.

According to Gary Chen, research director, IDC's Software-Defined Compute, "The software-defined compute market is continuing to transition as enterprises continue to migrate to cloud and containers. While the uncertain times of the pandemic will temper growth in 2020 and 2021, these new innovations will be the focus of renewed investment during the recovery as enterprises reprioritize the value of agility."


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