DDI Market size to grow from USD 400 million in 2021 to USD 836 million by 2026, at a Compound Annual Growth Rate (CAGR) of 15.9% during the forecast period. Increased demand for DDI due to COVID-19 outbreak, growing trends of BYOD and WFH across verticals, and rising demand for enhanced security are major growth factors for the market. Increasing need for IPAM and advent of IPv6 would provide lucrative opportunities for vendors in the DDI market.
Get sample of report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=162005891
By component, Solutions segment to hold the largest market size during the forecast period
DDI solutions are gaining popularity with the increasing usage across all the major industry verticals such as telecom & IT, BFSI, government and defense, education, and healthcare. One of the main reasons for the growth of DDI solutions is the rising challenges faced by enterprises to manage their core networks with the rapid increase in network devices due to IoT and digitization. Network failure in an enterprise may have a significant impact on its operations. Thus, integrated DDI solutions are evolving as a convenient solution to manage and ensure network availability to support the core services of enterprises.
In application, virtualization, and cloud to grow at the highest CAGR during the forecast period
Virtualization is the capability to run several operating systems on a single physical system and share the core hardware resources. It is used to improve IT throughput and costs by using physical resources as a base from which virtual resources can be allocated. Today the cloud is a proven delivery model, with a growing number of organizations realizing dexterity and competence. Cloud computing takes virtualization one step further by reducing costs of owning the hardware and only installing required operating systems according to client’s requirements. Implementing virtualization by cloud computing requires secure network interface, DHCP and DNS automation, secure secondary storage, secure run-time environment, and robust IPAM.
North America to hold the largest market size during the forecast period
North America accounts for the major chunk of the global DDI solutions and services market, and it is considered as one of the most advanced regions in technology adoption and infrastructure. Furthermore, the various verticals operating in the region, such as IT & Telecom, have been increasingly adopting new ways to monitor network security and IPAM. These factors are expected to fuel the demand for DDI in the region.
Top Key Players
Major vendors in the global DDI market include Nokia Corporation (France), BlueCat Networks (Canada), Microsoft Corporation (US), Infoblox (US), Cisco Systems (US), Men & Mice (Iceland), EfficientIP (US), BT Diamond IP (US), FusionLayer (Finland), PC Network (US), TCPwave (US), Apteriks (Netherlands), ApplianSys (UK), NCC Group (UK), Solarwinds Network (US), NS1 (US), Empowered Networks (Canada), Datacomm (Indonesia), INVETICO (Australia).
Get More Info @ https://www.prnewswire.com/news-releases/ddi-market-worth-836-million-by-2026--exclusive-report-by-marketsandmarkets-301271542.html
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: [email protected]