Press release
"Projected Growth: Software-Defined Networking Market Set to Reach $17.5 Billion by 2031"
Meticulous Research®, a prominent global market research company, has recently published an insightful research report titled "Software-defined Networking Market by Offering, Model (API SDN, Overlay SDN, Open SDN), Application (Control Flow, Packet Forwarding, Security Flow Open Flow Switch), End User (Data Centers, Enterprises), and Geography - Global Forecast to 2031." This comprehensive report provides a detailed analysis of the global software-defined networking (SDN) market, offering valuable insights into its growth trajectory, key trends, drivers, challenges, and opportunities.Download Free Research PDF @ https://www.meticulousresearch.com/download-sample-report/cp_id=5798
According to the latest findings by Meticulous Research®, the global software-defined networking market is poised to reach a staggering valuation of $17.5 billion by the year 2031. This represents a robust Compound Annual Growth Rate (CAGR) of 22.8% from 2024 to 2031. The substantial growth of this market is attributed to several factors, including the widespread adoption of data centers, the escalating use of smart devices across various industries, and the increasing automation of network infrastructure, particularly in the Asia-Pacific region.
The report identifies key drivers propelling the growth of the software-defined networking market, such as the deployment of 5G networks, enterprises' preference for network slicing, and the rising demand for network infrastructure automation. However, challenges such as interoperability issues due to varying SDN standards and the shortage of skilled networking professionals are also outlined as factors impacting market growth.
Browse in depth @ https://www.meticulousresearch.com/product/software-defined-networking-market-5798
The software-defined networking market is segmented based on offering (software and services), model (open SDN, API SDN, overlay SDN, and hybrid SDN), application (control flow, open flow switch, packet forwarding, security flow, data migration, and others), and end user (data centers, enterprises, cloud service providers, telecommunication service providers, and others). The report delves into each segment's market share, growth prospects, and key trends shaping their evolution.
Key Highlights of the Report:
Analysis of the software-defined networking market's growth trajectory and projections until 2031.
Detailed segmentation and analysis based on offering, model, application, end user, and geography.
Evaluation of key industry competitors and their strategies.
Regional analysis covering North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
The report also profiles prominent players in the global software-defined networking market, including Cisco Systems, Inc., Huawei Technologies Co., Ltd., Juniper Networks, Inc., Hewlett Packard Enterprise Company, Nokia Corporation, and others.
TOP 10 COMPANIES IN SOFTWARE-DEFINED NETWORKING MARKET>> https://meticulousblog.org/top-10-companies-in-software-defined-networking-market/
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Meticulous Market Research Pvt Ltd
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2nd Floor, Pushpak Business Hub,
Wakad, Pimpri-Chinchwad,
411057, India.
Phone: +9102066394988
About Us:
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
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