Market Study Report newly added the Global Software Defined Networking (SDN) Market Report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, and forecast in the coming years.
Delaware, Selbyville – November 8, 2019 —
North America is leading the SDN market with over 35% share in 2018 due to the proliferation of several mobility solutions and advancements in the connectivity infrastructure. Telecom providers, such as AT&T, Verizon, and Spirit, have invested heavily in next-generation networking solutions to augment their infrastructures capabilities. The Asia Pacific market is expected to grow at a CAGR of over 42% during the forecast timespan due to the widespread use of network virtualization and cloud computing solutions. The emergence of 5G technology and the extensive use of IoT devices across various industry sectors is further supplementing SDN market growth in the region.
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Software Defined Networking (SDN) Market is anticipated to exceed 100 billion by 2025. A surge in the number of connected endpoint devices and extensive use of server virtualization technologies is driving the SDN market. Most conventional network architectures are unable to keep up with the dynamic processing needs of advanced networking technologies. This has forced enterprises across the globe to incorporate SDN solutions in their company networks without affecting the performance and efficiency of company networks.
The cloud service provider market is estimated to grow at a fast pace between 2019 and 2025 due to the widespread deployment of cloud-based frameworks, particularly in the telecom sector. Cloud service providers are using SDN technology to build highly scalable and flexible networking infrastructures without incurring any additional capital expenditures. The end-user market is dominated by enterprises with a market share of over 45% in 2018 due to the benefits presented by the SDN technology that include increased network reliability, centralized management, and enhanced user experience.
The physical infrastructure market accounted for a share of over 50% in 2018 due to its capability to control and orchestrate data flow between numerous network elements. The SDN controller market is anticipated to register a growth rate of over 41% owing to technological advancements in the orchestration & management layer and northbound & southbound interfaces. The professional services market is expected to dominate the SDN market with a revenue share of over 70% due to the ease of deployment and integration of solutions among telecom operators, cloud service providers, and enterprises.
The manufacturing industry is anticipated to attain a growth rate of over 40% over the forecast timespan. This is attributed to the increasing use of technologies such as the IoT and Machine to Machine (M2M) communications. Manufacturers are adopting SDN solutions to reduce their capital expenditure and to avoid manual configurations. The IT-enabled services market is growing due to an increased need to develop heterogeneous networking environments, which can accommodate solutions from various third-party providers.
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The companies operating in the SDN market include Cisco, Intel, AT&T, Pluribus, Pluribus, Huawei, Pics8, Extreme Networks, Juniper, Arista Networks, NEC Corporation, Plexxi, Big Switch Networks, HP, IBM, and Intel. Market players are acquiring start-ups working on SDN technologies to extend their product lines and develop new product offerings. For instance, in May 2017, Cisco acquired Viptela to enhance its SDN functionality. Cisco aims to incorporate Viptela?s cloud-based approach in its existing product portfolio.
Table of Content:
Chapter 1. Methodology & Scope
Chapter 2. Executive Summary
Chapter 3.SDN Industry Insights
3.2. Industry segmentation
3.3. Industry landscape, 2014 – 2025
3.4. Industry ecosystem analysis
3.8. Technology & innovation landscape
3.9. Industry impact forces
3.9.1. Growth drivers
3.10. Growth potential analysis
Chapter 4. Competitive Landscape, 2018
4.2. Company analysis by major players, 2018
4.3. Company analysis by innovation leaders, 2018
Chapter 5. Global SDN Market, By Component
5.1. Key trends, by component
Chapter 6. Global SDN Market, By End-Use
6.1. Key trends, by end-use
6.3. Telecom service provider
6.4. Cloud service provider
6.4.1. Market estimates and forecast, 2014 – 2025
Chapter 7. Global SDN Market, By Region
Chapter 8. Company Profiles
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This news is published on Reuters.