Press release
Software Defined Networking (SDN) Market 2019 Success Strategies of Leaders (Dell, Hewlett-Packard, International Business Machines Corporation, Cisco Systems, Juniper Networks, Brocade Communications Systems) Industry to Reach US$ 107.04 billion, at 71.3
Software Defined Networking (sdn) Market By Solution (virtualization And Control Software, Physical Network Infrastructure, Sdn Applications & Network Services, Professional Services), End User (cloud Service Providers, Enterprises, Telecommunication Service Providers) And Vertical (bfsi, Defense, Consumer Goods And Retail, Telecom, Healthcare, Other Verticals) – Global Industry Analysis And Forecast To 2023The Software Defined Networking (SDN) Market was worth USD 0.84 billion in 2014 and is expected to reach approximately USD 107.04 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 71.36% during the forecast period.
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The leading players in the market are Dell Inc., Hewlett-Packard Enterprise Company, International Business Machines Corporation, Cisco Systems, Inc., Juniper Networks, Inc., Brocade Communications Systems, Inc. and others. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Software Defined Networking (SDN) technology gives straightforwardness and control to upkeep of complex systems. It helps in beating the impediment related with customary system framework. It isolates the control and information plane and executes a brought together and programmable control over the information systems.
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SDN assumes a noteworthy part in dealing with the normal systems administration framework in associations by executing redid, virtual, and robotized organize for information movement administration and proficiently overseeing huge information and others. SDN is the best method to oversee enormous information, which creates huge volumes of exceedingly circulated information identified with advertising, activities, generation, and client bolster benefit, which are dissected to empower better basic leadership. Versatile and canny systems can be made with the assistance of SDN to oversee both organized and unstructured information in huge information examination. This innovation has re-imagined the systems administration design by giving an adaptable method to oversee and control complex systems through proficient assets and information activity administration.
Upsurge in cloud computing administrations among IT associations has powered the development of the product characterized organizing market. SDN permits arrange virtualization through a solitary controller over cloud-based systems administration. It dispenses with setup of individual switches, and other system equipment. As distributed computing administrations has to a great extent been received over all organizations and local divisions for an extensive variety of utilizations, for example, the requirement for most recent rendition of uses, supporting versatility and BYOD administrations for virtualized figuring assets, and others. Along these lines, distributed computing administrations go about as a positive factor affecting the development of the product characterized organizing market.
North America is expected to dominate the software defined networking (SDN) market over the forecast period. North American nations have embraced new advancements like distributed computing, portability administrations, and system virtualization administrations at beginning time. Mechanical progressions and high rate of industrialization are a portion of the key variables adding to the quick development of the product characterized organizing market in this locale. Asia-Pacific is anticipated to be the quickest developing business sector in the upcoming years.
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The Software Defined Networking (SDN) Market is segmented as follows-
By Solution:
• Physical Network Infrastructure
• Virtualization and Control Software
• Professional Services
• SDN Applications & Network Services
By End User:
• Telecommunication Service Providers
• Cloud Service Providers
• Enterprises
By Vertical:
• IT
Consumer Goods and Retail
• BFSI
• Defense
• Telecom
• Healthcare
• Other Verticals
By Region
• North America
• U.S.
• Europe
• Asia-Pacific
• South America
• Middle East and Africa
Some of the key questions answered by the report are:
• What was the market size in 2014 and forecast from 2015 to 2023?
• What will be the industry market growth from 2015 to 2023?
• What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
• What are the major segments leading the market growth and why?
• Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
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