Software Defined Networking (SDN) Market 2018 Global Leaders: Pica8, Hewlett Packard Enterprise, Intel, Juniper Networks, Intersil, VMware, Big Switch Networks, Huawei Technologies

Market Research Future published a research report on “Software Defined Networking (SDN) Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Highlights

In this rapidly changing world of technology, software defined networking market is projected to show major growth prospects during the forecast period. Major factor driving the software defined networking market is the increasing adoption of software defined solutions in order to reduce network traffic congestions and enhance network user capacity.

The global Software Defined Networking Market, by geography, has been segmented into North America, Europe, Asia Pacific and Rest of the World. As compared to other regions, the software defined networking market in North America is expected to witness significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of software defined networking market. This is owing to the presence of large number of established key players like Cisco Systems, Intel Corporation, IBM Corporation and Big Switch Networks in that region. In addition to this, the region also has a well-established infrastructure which allows higher penetration of devices and ultimately provides better connectivity. This is expected to be a major factor for the growth of software defined networking market. Growing adoption of software defined solutions and services is another major factor driving the growth of software defined networking market in the region. Growing demand for cloud based services and increasing demand for mobility and server virtualization are other factors driving the growth of software defined networking market in the region.

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In the global software defined networking market, Asia Pacific is anticipated to witness relatively faster adoption and is expected to grow at the highest CAGR during the forecast period as compared to other regions. Within Asia Pacific, software defined networking market is projected to contribute faster to the growth of revenue backed by increasing number of data center deployments in the region. In terms of revenue, Japan is the major customer in the region whereas, China and Korea are the major research and development centers for software defined networking market. In terms of revenue generation, Europe ranks second.

The Software Defined Networking Market is growing rapidly over 39% of CAGR and is expected to reach at approx. USD 61 Billion by the end of forecast period.

Key Players:

The prominent players in software defined networking market are – Cisco Systems, Inc. (U.S.), Hewlett Packard Enterprise (U.S.), IBM Corporation (U.S.), Intel Corporation (U.S.), Juniper Networks (U.S.), Intersil (U.S.), VMware, Inc. (U.S.), Big Switch Networks (U.S.), Pica8, Inc. (U.S.), Huawei Technologies Co. Ltd. (China) among others.

Segments:

Software defined networking market can be segmented on the basis of following:

By Component

• Solution
- Software
- Software Controller
- Application Software
- Physical Appliances
- Router
- Switches

• Services
- Integration
- Training & Consulting
- Support & Maintenance
- Others

By End User

• Cloud Service Provider
• Telecommunication Service Provider
• Enterprises

By Organization Size

• SMEs
• Large Enterprises

By Vertical

• BFSI
• Healthcare
• Manufacturing
• IT & Telecommunication
• Defense & Government
• Consumer Goods & Retail
• Others

Regional Analysis:

The regional analysis of software defined networking market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in software defined networking market in North America is attributed to technical advancements and increasing use of mobile devices, tablets and smartphones in that region.

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Intended Audience

• Technology Investors
• Research/Consultancy Firms
• OEM technology solution providers
• Cloud Service Providers
• Software Developers
• System Integrators
• Manufacturing Industry
• Government organizations

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