DDI Market by Region – Global Opportunities & Forecast, 2020-2027
DDI Market
The global DDI Market is likely to expand at an annual rate of
15.6% over the forecast period. The surge of IoT platforms, rising trend of
BYOD workplaces, and expansion of the existent DDI solutions will bolster the
market growth.
Request a
FREE Sample Report of DDI Market
DDI Market Dynamics
The chief forces contributing to the growth of the global
DDI market included the augmenting adoption of cloud computing across various
sectors and the evolving need to simplify IP address management. Also, the
growing demand for the industrial internet of things (IIOT) and the massive
adoption of virtualization by company will strengthen the market growth. The internet
of things allows the communication between physical devices connected with
electronics and the software to cumulate data. The switch from IPv4 to IPv6
Internet protocol has driven the market size. Besides, the rising concerns
towards data privacy and security has supplemented the DDI market share.
The applicability of DDI is crucial to next-generation
network technologies such as SDN, a new outlook to network architecture which
simplifies an enterprises move to the cloud by emphasising on mechanised incorporation
and offering with cloud orchestration systems. SDN gives a new outlook to
design, plan, develop and execute networks that support abstraction,
virtualization, and authenticity to the server infrastructure.
However, Network systems management and reporting is costly which
is hindering the market growth. Moreover, insufficient knowledge among
consumers and the complication of DDI installation is likely to restrain the DDI market size.
Organization Size Segment Drivers
By Organization Size, the Small and Medium Enterprises are projected
to expand at a faster rate during the forecast period. The strategic investment
in on-premises networking solutions has persuaded SMEs to adopt cloud-based,
favourable, & flexible, which fall within the budget. Also, the adoption of
the pay-as-you-go model by SMEs helps in maintaining the IT infrastructure as
per their need. Additionally, several factors such as the need to effectively
protect customer data, earn a competitive advantage, cost-cutting, and faster response,
and prompt decisions are projected to drive the growth of the DDI market.
About GMI
Research
GMI Research is a market research and consulting firm which
provides market insights and intelligence across 12 major sectors helping our
clients in making effective investment and business decisions.
Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website:
www.gmiresearch.com
Comments
Post a Comment