The Global Software Defined Networking (SDN) Market is forecasted to cross USD 102.95 BN by 2025 with a CAGR of 48.8% during 2019 - 2025 as per the market research study by Value Market Research. The study valued the market to be close to USD 6374.0 MN (by revenue) in 2018. The software-defined networking market is expected to experience overwhelming growth owing to the continuous carrier efforts to adopt new networking technologies. Rise in cloud computing services among IT organizations has also fueled the growth of the software-defined networking market. Additionally, adoption of mobile devices has tremendously risen over the last few years, leading to the rising need for efficient data networks across the private and public organization. This, in turn, is augmenting the growth of software-defined networking industry. Rising heavy investments in R&D sector from the major players are also likely to support the market to grow.
Software defined networking (SDN) is an emerging architecture which eases and maintains the complex network in a big organization. It is considered as an ideal solution for the high-bandwidth, dynamic nature of today's applications. Basically, this system segregates the network control and forwarding functions, thus enabling network control to be directly programmable and the underlying infrastructure to be abstracted for applications and network services. Therefore, it helps in overcoming the limitations related to the traditional network infrastructure. SDN offers numerous opportunities for network administrators and for those who require a high-performing network to operate and manage their businesses effectively. It has changed the way networks are administered and controlled by providing a flexible way to manage and control complex networks through efficient resources and data traffic management. Industries, such as IT, BFSI, healthcare, telecom, defense, and manufacturing are some of the end-user of the SDN.
The report "Global Software Defined Networking (SDN) Market Report By Solution (Physical Network Infrastructure, Virtualization And Control Software, Professional Services, and SDN Applications & Network Services), Vertical (IT, Consumer Goods and Retail, BFSI, Defense, Telecom, Healthcare, and Others), End-User (Telecommunication Service Providers, Cloud Service Providers, and Enterprises) And By Regions - Industry Trends, Size, Share, Growth, Estimation, and Forecast, 2018-2025" throws light on important information associated with the market such as key drivers, restraints, and opportunities with impact analysis.
In the report the market of software-defined networking has been segmented on the basis of the solution, vertical, end-user, and region. Solution segment has been classified into physical network infrastructure, virtualization and control software, professional services, and SDN applications & network services. Among which, the physical network infrastructure is holding the highest market share owing to its ability to organize and manage the flow control between network applications & elements effectively. The vertical segment has been categorized across IT, consumer goods and retail, BFSI, defense, telecom, healthcare, and others. Out of which, telecom industry is dominating the segment owing to its enhanced network infrastructure, SDN have been extensively adopted across telecom industry. The end-user segment has been fragmented into telecommunication service providers, cloud service providers, and enterprises. Enterprises sector is leading the end-user segment since SDN offered numerous advantages such as reliability, security, reduced complexity, centralized control, and centralized control which is an utmost requirement across the organization. Also, they are in high demand across enterprises because helps in improving the scalability and flexibility of network infrastructure. Region-wise, the market has been studied across the area of North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
The Report Segments Global Software Defined Networking Market -
Market Players profiled in the Report:
Alcatel-Lucent S.A., Big Switch Networks Inc., Brocade Communications Systems, Inc., Cisco Systems, Inc., Dell Inc., Extreme Networks, Inc., Hewlett-Packard Enterprise Company, International Business Machines Corporation, Juniper Networks, Inc., NEC Corporation and Vmware Inc.
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