North America Software Defined Storage Market Size, Share & Trends Analysis Report By Component, By Deployment (On-premises, and Cloud), By Organization Size, By End Use, By Application, By Country and Growth Forecast, 2024 - 2031

The North America Software Defined Storage Market is expected to witness market growth of 25.9% CAGR during the forecast period (2024-2031).

The US market dominated the North America Software Defined Storage Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $60.49 billion by 2031. The Canada market is experiencing a CAGR of 28.4% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 27.5% during 2024-2031.



Software-defined Storage (SDS) represents a transformative shift in data storage technologies, fundamentally altering how enterprises manage their data. Traditional storage systems rely heavily on proprietary hardware and specific configurations, making them rigid, costly, and difficult to scale. In contrast, SDS abstracts and virtualizes the storage hardware to enable more flexible, scalable, and cost-effective solutions.

In SDS, software controls the data storage infrastructure and allows storage resources to be provisioned, allocated, and managed across various storage hardware components. This decoupling of software and hardware allows businesses to integrate commodity hardware, reducing capital expenditures and providing greater flexibility.

According to the Government of Canada, the country has invested $196.1 billion over the next ten years, including $46.2 billion in new funding, to improve healthcare services. This significant investment also includes $2.5 billion for supporting Indigenous priorities, totaling $198.6 billion over the next decade. With such a substantial investment in healthcare, there is an increasing need for efficient data storage solutions to support the growth of electronic health records, telemedicine, and other digital health initiatives. Moreover, as per the International Trade Administration (ITA), Mexico’s telecommunications sector is one of the most dynamic in the region, consistently outpacing the overall economy’s growth. Driven by mobile telephones, broadband services, and broadcasting, Mexico had over 130 million active wireless lines in 2022, with over 113 million connected to the internet. This robust growth in telecommunications infrastructure, including broadband and mobile internet, has increased demand for data storage solutions. In conclusion, USA, Canada and Mexico are investing heavily in their healthcare and telecommunications sectors and entertainment industry, driving the demand for flexible and scalable data storage solutions.

List of Key Companies Profiled

• Microsoft Corporation
• Dell Technologies, Inc.
• Hewlett Packard Enterprise Company
• D2iQ, Inc.
• Oracle Corporation
• Cisco Systems, Inc.
• Amazon Web Services, Inc. (Amazon.com, Inc.)
• IBM Corporation
• Google LLC (Alphabet Inc.)
• Ericsson AB
• DataCore Software Corporation

Market Report Segmentation

By Component

• Solutions
• Storage Virtualization
• Storage Provisioning & Orchestration
• Storage Replication
• Services
• Support & Maintenance
• Implementation & Integration
• Consulting

By Deployment

• On-premises
• Cloud

By Organization Size

• Large Enterprises
• Small & Medium-sized Enterprises (SMEs)

By End Use

• BFSI
• IT & Telecommunications
• Retail & E-commerce
• Healthcare
• Logistics & Warehouse
• Media & Entertainment
• Other End Use

By Application

• Data Backup and Disaster Recovery
• Cloud Storage
• Big Data Storage
• Storage Provisioning
• Data Archiving
• Other Application

By Country

• US
• Canada
• Mexico
• Rest of North America