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Software-Defined Networking Market market is expected to grow at a CAGR of 25.2% during the forecasted period | Evolve Business Intelligence
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SDN provides a more flexible and agile network infrastructure by allowing administrators to dynamically adjust network behavior through software, reducing the need for manual configuration of individual devices. SDN can lead to cost savings by optimizing network resource utilization and reducing the reliance on proprietary hardware. It allows for the use of commodity hardware, making the network more cost-effective. SDN enables network automation, reducing the complexity and time required for network configuration and management. Automation helps in quicker response to changing network conditions and application requirements.
Key Players
Some of the major Software-Defined Networking Market players holding high market shares include Alcatel-Lucent, Huawei Technologies, Cisco Systems, Inc., Juniper Networks, and NEC Corporation. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders. Some of the other major market players include IBM Corporation, Google Inc., VMware, and Hewlett-Packard Company.
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Segmental Analysis
Based on Solutions, the Software-Defined Networking market is segmented into SDN Switching, SDN Controllers, Cloud Provisioning and Orchestration, and Others (Security and Services). the largest segment in the Software-Defined Networking (SDN) market is SDN Switching. The growth of this segment is being driven by the increasing adoption of SDN in data centers and enterprise networks. SDN switching provides a more flexible and efficient way to manage network traffic, which is essential for supporting the growing demands of cloud computing and big data.
Based on End Use, the Software-Defined Networking market is Enterprises, Cloud Service Providers, and Telecommunications Service Providers. The largest segment in the Software-Defined Networking (SDN) market is Enterprises. The growth of this segment is being driven by the increasing adoption of SDN in enterprise networks. Enterprises are using SDN to improve the flexibility, efficiency, and scalability of their networks
Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
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Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging 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.
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