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Software Defined Networking (SDN) Market Revenue, Share, Competitive Analysis, Demand and Opportunities by 2023
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Based on the end users, the software defined networking market can be broadly classified, as cloud service providers, enterprises, and telecommunication service providers. On the basis of various industry verticals, the global software defined networking market can be bifurcated, as academia and research, banking, consumer goods and retail, financial services and insurance (BFSI), manufacturing, government and defense, telecommunication and information technology, manufacturing and others.
North America was the largest software defined networking market. The market dominance of the North America is attributed, to the wide adoption of the advance networking infrastructure in the U.S. and Canada. Asia-Pacific has witnessed the highest growth in the past few years. The high growth of SDN in the region is due to the ongoing up gradation of networking infrastructure, in countries such as India and China. With increasing cost competence in IT and telecommunication sectors, the market is expected to grow at healthy pace, during the forecast period.
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Some of the competitors in the software defined networking (SDN) market are Cisco Systems, Inc., International Business Machines Corporation (IBM), Juniper Networks, NEC Corporation, Plexxi, Inc., Hewlett-Packard (HP), Intel Corporation, Dell Inc., PICA8, Inc., and Big Switch Networks, Inc.
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