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interest in SDS rose after [[VMware]] acquired [[Nicira]] for over a billion dollars in 2012.
Data storage vendors used various definitions for software-defined storage depending on their product-line. [[Storage Networking Industry Association]] (SNIA), a standards group, attempted a multi-vendor, negotiated definition with examples.<ref>{{cite web | url=http://www.snia.org/sds | title=Technology Focus Areas | SNIA }}</ref>
The software-defined storage industry is projected to reach $86 billion by 2023.<ref>{{Cite web|url=https://www.fiercetelecom.com/telecom/flourishing-software-defined-storage-market-will-ramp-up-to-86b-by-2023-report|title=Thriving software-defined-storage market will ramp up to $86B by 2023: report|website=FierceTelecom|date=20 March 2020 |language=en|access-date=2020-03-23}}</ref>
==Characteristics==
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