Software Defined Networking Market to Grow at an Impressive 61.5% CAGR, Emerging Trend of BYOD

Software Defined Networking (SDN) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2012 - 2018” is a report published by Transparency Market Research (TMR), which highlights the latest trends of the global SDN market. According to this report, the global software defined networking market will soar at a CAGR of 61.5% during the forecast period from 2012 to 2018 and will reach a value of US$3.52 billion by 2018.
Software defined networking (SDN) technique aims at building a more scalable and flexible network.

This technique allows network administrators to achieve data flow control through the entire network instead of the individual devices. SDN also helps to easily create secure paths for data flow. SDN architecture manages mobility in a scalable manner and utilizes available resources optimally. Software defined networking technology allows programming and managing of the network at a higher scale with increased flexibility and agility. To implement cloud computing services effectively in an organization and to optimize its benefit in the infrastructure, a clear understanding of software defined networking technology is crucial.

Factors such as the growing need for mobility, rising cloud services, and the escalating need for efficient network infrastructure will drive the global software defined networking market. On the other hand, interoperability challenges along with the lack of standardization and awareness among buyers will suppress the growth of the market. Nonetheless, players will benefit from the increasing adoption of BYOD in the market. The global SDN market is fragmented in nature.

It is marked with the presence of multiple firms from different verticals such as hardware providers, software developers, and service producers. The key market players operating in the global software defined networking (SDN) market are Cisco, Big Switch Networks, HP, Intel Corp., Google, Juniper Networks, Arista Networks, NEC, Verizon Communications, and IBM.

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The global SDN market by end user is divided into cloud service providers, enterprises, and telecommunication service providers. The enterprise segment held the largest share in the global SDN market, trailed by telecommunications services and the third spot belonged to the cloud computing sector. The segment – enterprises held around 35% of the global SDN market in 2012. According to the report, the segment of cloud computing will emerge as the fastest growing segment in the market that will support companies in significantly reducing their operating expenses and capital expenditures.

By solutions, the global SDN market is segmented into SDN controllers, SDN switching, cloud provisioning and orchestration, security, and services. The sector of cloud provisioning and orchestration held the majority share in the global SDN market, followed by SDN switching and SDN controllers.

Geographically, the global software defined networking market is divided into North America, Europe, Asia Pacific, and Rest of the World (RoW). At present, North America leads the global SDN market due to the favorable regulations on network administration and due to the elevated degree of standardization of services. On the other hand, Asia Pacific is expected to achieve the fastest growth in the global SDN market during the forecast period due to the emerging trend of BYOD in several countries of Asia Pacific.

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