Software-defined networking Market: Global and Regional Analysis with Forecast till 2028, Business Opportunities, Post COVID Scenario

The global Software-defined networking market size is expected to reach $55.04 Billion by 2028 growing at the CAGR of 19.63% from 2021 to 2028.

As an increase in the rate of mobile phone subscriptions has been witnessed globally, the MNOs and the cloud service providers have been garnering a higher growth in their subscriber base. This factor is crucial for the increasing usage of the mobile devices, especially in emerging nations which have witnessed a boom in demand for mobiles, tablets, and other mobility-based devices among other things. The MNOs should ensure that their networks are capable of handling a high number of users to best serve them with fast telecommunication services. Thus, growing customer awareness combined with reduced network testing costs will fuel industry expansion over the forecast period.

Request Free Sample Report or PDF Copy: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=005319

Key Players
Some of the major Software-defined networking players holding high market share include Arista Networks Inc., Broadcom Inc., and Dell Technologies, Inc. These players use new product development and expansion as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
● Arista Networks Inc.
● Broadcom Inc.
● Dell Technologies, Inc.
● Cisco Systems, Inc.
● Citrix Systems, Inc.
● Extreme Networks, Inc.
● Hewlett Packard Enterprise Development LP
● Juniper Networks, Inc.
● International Business Machines Corporation
● NEC Corporation

The recently published research report on the Global Software-defined Networking Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Software-defined networking market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

The New Normal
As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

In terms of COVID 19 impact, the Software-defined networking market report also includes the following data points:
● COVID19 Impact on Software-defined networking market size
● End-User/Industry/Application Trend, and Preferences
● Government Policies/Regulatory Framework
● Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
● Opportunity in Software-defined networking market

Buy Latest Copy of Report Now at Higher Discount! @ https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=005319

Segmental Analysis
Market Segment By Component with focus on market share, consumption trend, and growth rate of Software-defined networking Market:
o Solutions
o Services

Market Segment By Organization Size with focus on market share, consumption trend, and growth rate of Software-defined networking Market:
o Large Enterprises
o Small and Medium-sized Enterprises (SMEs)

Market Segment By End User with a focus on market share, consumption trend, and growth rate of Software-defined networking Market:
o Telecommunication Service Providers
o Cloud Service Providers
o Enterprises

Market Segment By End Use with a focus on market share, consumption trend, and growth rate of Software-defined networking Market:
o IT
o Consumer Goods & Retail
o BFSI
o Defense
o Telecom
o Others

For more information: https://evolvebi.com/product/software-defined-networking-market-analysis-and-forecast-2021-2028-with-covid-impact-analysis/

Key Region/ Countries Covered
● North America (US, Canada, Mexico)
● Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
● Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
● Rest of the World (the Middle East & Africa and South America)

North America is a continent that has plenty of growth potential, which is surely aided by the fact that its people generally adopt new technologies with incredible speed. North America is resourceful if you think about it - due to the early and high adoption rate of such technologies as cloud computing, network functions virtualization, mobility services, and Bring Your Own Device (BYOD). Companies in countries such as Canada and United States always benefit from industrialization and streamlined standards and regulations when it comes to networking. Thus they boost the software-defined networking market with their efforts and open up new opportunities for investment and development.

Address
Evolve Business Intelligence
C-218, 2nd floor, M-Cube
Gujarat 396191
India
Contact: +1 773 644 5507 / +91 635 396 3987
Email: sales@evolvebi.com
Website: https://evolvebi.com/

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging the pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.

This release was published on openPR.