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.

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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.

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