Software-Defined Networking and Network Function Virtualization Market to Reach US$ 54.41 Billion Growing at CAGR 71.4% to 2022

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The Market for Software-Defined Networking and Network Function Virtualization is expected to grow from US$ 3.68 Billion in 2017 to USD 54.41 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 71.4%. The increasing evolution and demand in mobility, the increased network complexity and varied traffic pattern, and the surge in demand for cloud service, data center consolidation, and server virtualization are the major factors driving the growth of the global SDN and NFV market.

Top Companies in the “Software-Defined Networking and Network Function Virtualization Market” include are
• International Business Machines Corporation(US)
• Cisco Systems Inc.(US)
• Hewlett Packard Enterprise Co.(US)
• Juniper Networks (US)
• Huawei Technologies Co.Ltd.(China)
• NEC Corporation (Japan)
• Pica8 (US)
• Brocade Communications Systems Inc.(US)
• Ciena Corporation (US)
• Intel Corporation (US)
• Pluribus Networks (US)
• Big Switch Networks Inc.(US)

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Large enterprises have large network infrastructures and they rely on networks to carry out their daily business activities and coordinate with their other geographically spread out assets. SDN solutions provide a cheaper way to manage the entire network from a central location and provide real-time bandwidth management of the network to deliver critical business applications at higher speeds.

“North America is expected to have the largest market size during the forecast period”
North America is expected to have the largest market size during the forecast period. Factors, such as the growth of innovative technologies, including cloud computing, mobility services, virtualization of network, and Bring Your Own Device (BYOD) are driving the adoption of SDN and NFV in the region. Moreover, the region is witnessing the development of favorable standards and networking regulations for boosting the SDN and NFV market. Another factor contributing to the advancement of SDN and NFV in the region is high industrialization.

Research Coverage:
The Software-Defined Networking and Network Function Virtualization Market has been segmented on the basis of basis of components. The solutions segment is further segmented into software and physical appliances; where the software solutions consist of software controller and application software, while the physical appliance segment consists of router and switches; the application software is further segmented into network security, load balancing, and others (orchestration, and virtual core and aggregation); services segment is segmented into integration, training and consulting, support and maintenance, and others (mobility and datacenter services). The end-user segment is segmented into telecommunication service providers, cloud service providers, and enterprises. The enterprises segment is further segmented into organization sizes and verticals.

Competitive Landscape
1 Microquadrant Overview
1.1 Visionary Leaders
1.2 Innovators
1.3 Dynamic Differentiators
1.4 Emerging Companies
2 Competitive Benchmarking
2.1 Strength of Product Portfolio in the Software Defined Networking Market
2.2 Business Strategy Excellence Adopted in the SDN and NFV Market

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List of Tables
Table 1 Currency Exchange Rate
Table 2 Global Software Defined Networking Market Size and Growth Rate, 2015–2022 (USD Billion) (Y-O-Y %)
Table 3 SDN and NFV Market Size, By Component, 2015–2022 (USD Million)
Table 4 Solution: SDN and NFV Market Size, By Type, 2015–2022 (USD Million)
Table 5 Solution: SDN and NFV Market Size, By End-User, 2015–2022 (USD Million)
Table 6 Software Market Size, By Type, 2015–2022 (USD Million)
Table 7 Software Market Size, By End-User, 2015–2022 (USD Million)
Table 8 Software Controller Market Size, By End-User, 2015–2022 (USD Million)
Table 9 Application Software Market Size, By Type, 2015–2022 (USD Million)
Table 10 Application Software, By End-User, 2015–2022 (USD Million)
……and More

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