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Software Defined Networking Market 2018 Industry Analysis by TOP Key Players: IBM, Big Switch Network, HP, AT&T, Cisco, Intel, Huwaei, Juniper, NEC, Arista Network, Pluribus, Extreme Networks, Pics8, Plexxi

09-13-2018 08:06 AM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc.

Software Defined Networking Market

Software Defined Networking Market

Market Overview: -

The telecommunication sector is probably embarking on a transformational shift in recent years. Software Defined Networking (SDN) market is deemed to be a major stipendiary of this transition. Telecommunication networks, apparently, have migrated from traditional hardware and appliance centric deployment to cloud based model, with software playing a pivotal role in network functionality. The increasing popularity of SDN industry can be majorly attributed to this fundamental aspect. Software defined networking emerged as an advanced architecture paradigm, amalgamating different technological capabilities applied to management of network functions, design, and service platforms. Pertaining to these benefits, numerous IT service companies have been feverishly changing their perspective toward adoption of software-based solutions for resolving several business challenges, which in a way is impelling SDN industry share.

SDN Market is estimated to reach USD 88 billion by 2024. The progress of the market is credited to the aggressive carrier efforts to adopt new network architecture to deal with the exponentially growing data and coping with the evolving network technology. The growing deployment of the cloud services and IT convergence among organizations is also driving the growth of the market. As the adoption of cloud computing is increasing, organizations are consolidating their IT infrastructure to manage it more holistically.

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Top Key Players: -

Some of the prominent vendors of the SDN market are IBM, Big Switch Network, HP, AT&T, Cisco, Intel, Huwaei, Juniper, NEC, Arista Network, Pluribus, Extreme Networks, Pics8 and Plexxi. These players are adopting various strategies such as partnership & collaboration, merger and acquisition, geographical expansion and product launch to get edge over competitors.

Market share calculation in this report is not done based on companies covered in it. The calculation of SDN market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

Regional Segmentations: -

The U.K. based telecommunications behemoth, Colt Technology Services, has apparently declared its plan of expanding its On Demand SDN service across APAC belt. Powered by Colt IQ Network, the firm’s On Demand SDN services are characterized by high flexibility, real-time bandwidth variation, and agility. Making a profound headway in APAC SDN market share with the successful launch of these services in Japan, Colt is planning to introduce the same On Demand SDN services in Hong Kong and Singapore as well in the second quarter of this year.

Tremendous technological interventions in the telecom sector have evidently narrowed the gap between developing and developed nations, giving SDN industry players lucrative opportunities to extend their geographical reach. However, considering the immense investments by U.S. telecom service providers in software defined networking, the regional SDN market has undoubtedly turned out to be hotbed for potential investors. For instance, American telecom giant AT&T has recently poured in USD 200 million to support startups that mainly focusses on promoting SDN technology and connected services. These kinds of hefty investments toward integrating new age software facilities in the existing telecommunication network is certain to leave a positive impression on U.S. SDN market size.

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Partial Chapter of the Table of Content

Chapter 1. Methodology & Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Scope, definition and research parameters
1.2. Data Sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. SDN industry 360º synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Regional trends
2.1.3. Component trends
2.1.4. Deployment model trends
2.1.5. Application trends
Chapter 3. Industry Insights
3.1. Introduction
3.2. Industry segmentation
3.3. Industry landscape, 2013 - 2024
3.4. Industry ecosystem analysis
3.5. SDN architecture
3.6. SDN evolution
3.7. SDN Standards
3.8. Technology & innovation landscape
3.9. Industry impact forces
3.9.1. Growth drivers
3.9.1.1. Growing adoption of cloud services and IT convergence
3.9.1.2. Aggressive carrier efforts
3.9.1.3. Increasing investment
3.9.1.4. Benefits offered by SDN
3.9.2. Industry pitfalls & challenges
3.9.2.1. Complexity of SDN architecture
3.9.2.2. Lack of skilled professionals
3.10. Growth potential analysis
3.11. Porter's analysis
3.12. PESTEL analysis

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Tremendous technological interventions in the telecom sector have evidently narrowed the gap between developing and developed nations, giving SDN industry players lucrative opportunities to extend their geographical reach. However, considering the immense investments by U.S. telecom service providers in software defined networking, the regional SDN market has undoubtedly turned out to be hotbed for potential investors. For instance, American telecom giant AT&T has recently poured in USD 200 million to support startups that mainly focusses on promoting SDN technology and connected services. These kinds of hefty investments toward integrating new age software facilities in the existing telecommunication network is certain to leave a positive impression on U.S. SDN market size.

Speaking of its commercialization potential at the global scale, overall SDN industry size is forecast to exceed a valuation of USD 88 billion by 2024. With incessant efforts undertaken by the tech giants to unlock software-based technology potentialities in telecommunication industry, which has, of late, become more insight driven, SDN market demand is claimed to be on a robust incline. In fact, looking at the pace of advancements and expansion in its application spectrum, this particular business vertical is deemed to be one of the most fascinating spheres to watch unfold, claim analysts.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

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