Software Defined Storage (SDS) Market Analysis By Application (BFSI, Education, IT Service, Government, Manufacturing, Healthcare) By Company Size (Small and Medium Enterprises, Large Enterprises), Expected To Reach USD 17,461.9 Million By 2024

Methodology

We implement a mix of primary and secondary research for our market estimate and forecast. Secondary research forms the initial phase of our study where we conduct extensive data mining, referring to verified data sources such as independent studies, government and regulatory published material, technical journals, trade magazines, and paid data sources such as Hoover’s, Factiva, ICS, and so on. This forms the basis of our estimates.

For forecasting, the following parameters are considered:

• Market drivers and restraints along with their current and expected impacts
• Regulatory scenario and expected developments

We assign weights to these parameters and quantify their market impact using the weighted average analysis to derive an expected market growth rate. Furthermore, we use correlation, regression, and time-series analysis to evaluate key industry dynamics. All our estimates and forecasts are verified through exhaustive primary research with Key Industry Participants (KIPs), which typically include:

• Market leading participants
• Technology distributors and vendors
• Key consumers and clients

These exhaustive primary interviews help our analysts in validating the market and segment estimates and forecast. Additionally, we also gain significant industry insights, key developments, and expectations. Grand View Research only utilizes validated and authenticated secondary data sources. Some of the secondary sources used for this report include, but are not limited to:

• Storage Networking Industry Association (SNIA)
• Openstack
• American Trucking Associations
• Distributed Management Task Force (DMTF)
• International Committee for Information Technology Standards (INCITS)
• International Journal of Computer Applications (IJCA)
• Hoover’s
• Company annual reports
• Primary Interviews
• Grand View Research

Data Collection Matrix

Perspective	Primary research	Secondary research
Supply side	Manufacturers Technology distributors and wholesalers	Company reports and publications Government publications Independent investigations Economic and demographic data
Demand side	End-user surveys Consumer surveys Mystery shopping	Case studies Reference customers

Industry Analysis Matrix

Qualitative analysis	Quantitative analysis
Industry landscape and trends Market dynamics and key issues Technology landscape Market opportunities Porter’s analysis and PESTEL analysis Competitive landscape and component benchmarking Policy and regulatory scenario	Market revenue estimates and forecasts up to 2024 Market revenue estimates and forecasts up to 2024, by application, company size Market revenue estimates and forecasts up to 2024, by application, application Regional market revenue forecasts, by application, company size Regional market revenue forecasts, by application, application