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Software Defined Networking (SDN) Services- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

08-19-2024 10:15 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: QY Research Inc.

Software Defined Networking (SDN) Services- Global Market

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2024 latest report "Software Defined Networking (SDN) Services- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030". Based on current situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.
 
The global market for Software Defined Networking (SDN) Services was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of %during the forecast period 2024-2030.
 
【Get a free sample PDF of this report (Including Full TOC, List of Tables & Figures, Chart)】 
https://www.qyresearch.com/reports/3162494/software-defined-networking--sdn--services
 
 
QY Research: Cisco's Restructuring Plan
Los Angeles, CA - August 15, 2024 - Cisco Systems' recent announcement of a restructuring plan has drawn significant attention, as the tech giant is set to lay off around 7% of its global workforce. This move is part of a broader effort by the company to cut costs and reallocate resources to areas that are expected to drive future growth.
Key Points of the Restructuring Plan:
1.Workforce Reduction:
oThe layoff of approximately 7% of Cisco's global employees translates to thousands of jobs, considering the company's large workforce, which was reported to be around 83,300 as of its last fiscal year.
oThe layoffs are expected to occur across various departments, though specific details on which areas will be most affected have not been fully disclosed.
2.Cost-Cutting and Reinvestment:
oThe restructuring is aimed at reducing operational costs, which is crucial as the company faces challenges from slowing demand for its networking hardware and increased competition in the technology sector.
oCisco plans to reinvest the savings from these cuts into strategic growth areas such as cloud computing, cybersecurity, and its subscription-based software services. These sectors have shown strong potential for revenue growth in recent years.
3.Strategic Shift:
oCisco has been gradually shifting its business model from a reliance on selling networking hardware, such as routers and switches, to focusing on software and services that generate recurring revenue.
oThe company's push into subscription services is part of a broader trend in the tech industry, where companies seek to create more predictable revenue streams.
4.Financial Impact:
oWhile the restructuring is likely to result in significant short-term costs, including severance packages and other related expenses, the long-term goal is to position Cisco more competitively in the evolving tech landscape.
oInvestors are watching closely to see how this plan will impact Cisco's financial performance, particularly in terms of profitability and growth in the targeted investment areas.
This restructuring represents a significant shift in Cisco's strategy, with the company looking to align itself more closely with the rapidly changing demands of the technology sector.

INDUSTRY IMPACT ANALYSIS
Cisco's restructuring plan is poised to have significant ripple effects across the technology industry. Here's an analysis of the potential industry impacts:
1. Impact on Networking and IT Infrastructure Sector
Market Leadership and Competitive Dynamics:
oCisco has been a dominant player in networking, telecommunications equipment, and IT infrastructure. The restructuring signals a shift in focus towards emerging technologies, which may alter the competitive landscape. Competitors like Juniper Networks, Arista Networks, and Huawei might seize opportunities in segments where Cisco could reduce focus due to cost-cutting measures.
Investment in Growth Areas:
oCisco's plan to reinvest in growth areas such as cloud computing, 5G, and cybersecurity could intensify competition in these domains. This shift could also prompt rival companies to bolster their investments in similar areas to maintain or gain market share.
Supply Chain Effects:
oThe restructuring could impact Cisco's supply chain partners, especially those involved in legacy hardware components. As Cisco pivots to software and services, hardware suppliers may need to adapt or risk losing business.
2. Impact on the Workforce and Talent Market
Talent Redistribution:
oThe layoffs will likely result in a significant number of highly skilled professionals entering the job market, particularly in networking, IT infrastructure, and related fields. This influx of talent could benefit smaller tech firms and startups that are looking to expand their capabilities but have struggled to attract top talent.
Shift in Skills Demand:
oCisco's emphasis on growth areas may signal a shift in demand for skills related to emerging technologies like cloud computing, AI, cybersecurity, and software-defined networking (SDN). Workers in the tech industry may increasingly seek to upskill or reskill to align with these trends.
3. Impact on Technology Innovation
Acceleration of Digital Transformation:
oBy reallocating resources to growth areas, Cisco is likely to accelerate innovation in key technology segments. This could have a ripple effect across the industry, driving faster adoption of new technologies in sectors like healthcare, finance, and manufacturing.
Open Source and Collaborative Development:
oCisco's strategic focus may also include increased participation in open-source projects and collaborative development, especially in areas like networking and cloud infrastructure. This could lead to the creation of new industry standards and frameworks that benefit the broader tech ecosystem.
4. Impact on the Global Tech Economy
Global IT Spending:
oCisco's restructuring could influence global IT spending patterns, particularly among large enterprises that rely on Cisco's products and services. Companies may reassess their vendor relationships and explore alternatives, potentially benefiting competitors.
Regional Market Dynamics:
oThe impact of Cisco's restructuring will vary by region. In markets where Cisco has a strong presence, such as North America and Europe, the changes could create openings for local competitors to gain traction. In contrast, in emerging markets, Cisco might double down on investments to capture growth opportunities.
5. Impact on Cisco's Partners and Ecosystem
Channel Partners and Resellers:
oCisco's restructuring could have a cascading effect on its network of channel partners, resellers, and integrators. These partners may need to adapt their business models to align with Cisco's strategic priorities, potentially leading to a reconfiguration of the partner ecosystem.
Impact on Customers:
oCisco's customers, particularly large enterprises and service providers may experience disruptions as the company redefines its product and service offerings. Customers may also need to re-evaluate their long-term IT strategies considering Cisco's evolving focus.
Conclusion:
Cisco Systems' restructuring plan is a significant development with far-reaching implications across the technology industry. While the immediate impact will be felt by Cisco employees and partners, the long-term effects could shape the competitive dynamics, talent landscape, and innovation trajectory of the entire sector. As Cisco pivots to focus on growth areas, the industry will need to adapt to the evolving landscape, potentially leading to new opportunities and challenges for companies across the technology spectrum.

MARKET REPORTS PUBLISHED RECENTLY
QY Research, a globally recognized market research firm, is pleased to announce the publication of in-depth reports on several emerging networking technologies. The reports provide a detailed examination of the current market landscape, including key drivers, challenges, opportunities, and the impact of recent technological advancements. The focus areas include Software Defined Networking (SDN) Service, 5G Telco Cloud-Native Platform, Contact Center Solution, and Network Automation Tool.
Market Overview
The networking industry is at the forefront of digital transformation, driven by the rapid adoption of advanced technologies that are reshaping how businesses operate. QY Research's latest reports provide a thorough analysis of the market size, growth prospects, and competitive dynamics across each of these technology sectors.
1. Software Defined Networking (SDN) Service
https://www.qyresearch.com/reports/3281430/software-defined-networking--sdn--services
The global SDN market is expected to reach $35.6 billion by 2028, growing at a CAGR of 21.2% from 2024 to 2028. The demand for SDN services is driven by the need for more agile, scalable, and cost-effective network infrastructures. SDN decouples the network control and data planes, allowing for centralized network management and dynamic resource provisioning.
Programmable Networks: SDN enables the development of programmable networks that can be tailored to specific application requirements, leading to increased network agility and reduced operational costs.
Network Function Virtualization (NFV): The integration of NFV with SDN allows for the virtualization of network functions, further driving down costs and enabling rapid deployment of new services.
Impact: These advancements are leading to a paradigm shift in how enterprises and service providers manage their networks, offering unprecedented levels of control and flexibility. This shift is particularly impactful in data centers, telecom networks, and large enterprise environments, where the ability to quickly adapt to changing demands is critical.
2. 5G Telco Cloud-Native Platform
https://www.qyresearch.com/reports/3281429/5g-telco-cloud-native-platform
The 5G telco cloud-native platform market is projected to reach $22.4 billion by 2028, with a CAGR of 18.7% during the forecast period. The transition to cloud-native platforms is essential for telecom operators to support the high demands of 5G services, offering scalability, flexibility, and resilience.
Microservices Architecture: Cloud-native platforms are built on microservices architecture, enabling modular, independently deployable services that enhance scalability and reduce downtime.
Containerization: The use of containers allows for the efficient packaging and deployment of applications across different environments, facilitating seamless updates and maintenance.
Impact: The adoption of cloud-native platforms is transforming the telecom industry by enabling operators to innovate at a faster pace, reduce time-to-market for new services, and optimize operational efficiency. This shift is also opening new revenue streams through the offering of advanced services like edge computing, IoT, and enhanced mobile broadband.
3. Contact Center Solution
https://www.qyresearch.com/reports/3281428/contact-center-solution
The contact center industry is undergoing a transformation as businesses increasingly rely on advanced solutions to deliver exceptional customer experiences. The integration of AI, machine learning, and automation technologies is revolutionizing how contact centers operate, improving efficiency and customer satisfaction.
AI-Powered Chatbots: AI-driven chatbots and virtual assistants are being widely adopted to handle routine inquiries, allowing human agents to focus on more complex tasks.
Omnichannel Support: Advanced contact center solutions now offer seamless integration across multiple communication channels, including voice, email, chat, and social media, providing a unified customer experience.
Impact: These technological advancements are enabling businesses to provide more personalized and efficient customer service, leading to increased customer loyalty and reduced operational costs. The ability to analyze large volumes of customer data in real-time is also helping businesses to gain deeper insights into customer behavior and preferences.
4. Network Automation Tool
https://www.qyresearch.com/reports/3281427/network-automation-tools
Network automation is becoming increasingly vital as networks grow in complexity and scale. Automation tools are helping organizations to streamline network management, reduce human error, and enhance network performance and security.
AI and Machine Learning: The integration of AI and machine learning into network automation tools allows for predictive analytics, enabling proactive identification and resolution of network issues.
Intent-Based Networking (IBN): IBN is an emerging technology that automates network configuration and management based on high-level business policies, reducing the need for manual intervention.
Impact: Network automation is reducing the time and effort required to manage large-scale networks, leading to lower operational costs and improved network reliability. The ability to automate routine tasks and quickly adapt to changing network conditions is particularly beneficial for enterprises with complex IT environments.
Consumer Insights
Each report includes detailed consumer insights, providing valuable information on how businesses are adopting and implementing these technologies. The reports highlight key factors influencing purchasing decisions, such as cost, ease of use, scalability, and vendor reputation.
Regulatory Environment
The regulatory environment is a critical factor in the adoption of networking technologies. The reports provide an overview of relevant regulations and standards, including data privacy laws, cybersecurity requirements, and industry-specific compliance standards. The analysis also covers regional differences in regulatory frameworks and their impact on market dynamics.
Market Opportunities and Challenges
QY Research's reports identify key market opportunities, such as the growing demand for cloud-based networking solutions, the increasing focus on network security, and the rising adoption of AI-driven automation tools. The reports also outline the challenges facing the industry, including the need for skilled professionals, the complexity of integrating new technologies with legacy systems, and the ongoing threat of cyberattacks.
Regional Analysis
The reports provide a detailed regional analysis, covering North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The analysis includes regional market size, growth rates, and key trends, offering a comprehensive view of the global networking technology landscape.
Conclusion
QY Research's latest market reports offer invaluable insights for stakeholders in the networking technology industry. With detailed analysis, competitive insights, and forecasts, these reports are essential resources for businesses looking to navigate the rapidly changing networking landscape and capitalize on emerging opportunities.
 
 
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
 
The Software Defined Networking (SDN) Services market is segmented as below:
By Company
    Cisco Meraki
    Cradlepoint NetCloud
    Dell
    IBM
    Junos Space
    Masergy
    Nuage Networks
    Pica8
    Riverbed SteelConnect
    HP
    Huawei
    Check Point (Perimeter 81)
    ProActive Solutions
    Kyndryl
    Mphasis
    Vodafone
 
Segment by Type
    Cloud-based
    On-premises
 
Segment by Application
    Large Enterprises
    SMEs
 
Each chapter of the report provides detailed information for readers to further understand the Software Defined Networking (SDN) Services market:
Chapter 1: Introduces the report scope of the Software Defined Networking (SDN) Services report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)
Chapter 2: Detailed analysis of Software Defined Networking (SDN) Services manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)
Chapter 3: Provides the analysis of various Software Defined Networking (SDN) Services market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2019-2030)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2019-2030)
Chapter 5:  Sales, revenue of Software Defined Networking (SDN) Services in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)
Chapter 6:  Sales, revenue of Software Defined Networking (SDN) Services in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2019-2024)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
 
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Software Defined Networking (SDN) Services competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides Software Defined Networking (SDN) Services comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides Software Defined Networking (SDN) Services market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
 
Other relevant reports of QYResearch:
Software Defined Networking (SDN) Services Comprehensive Market Analysis, Trends, Challenges, Opportunities, and Strategic Recommendations for 2024 and Beyond
Global and United States Software Defined Networking (SDN) Services Market Report & Forecast 2024-2030
Global Software Defined Networking (SDN) Services Market Research Report 2024
Global Software Defined Networking (SDN) Services Market Insights, Forecast to 2030
Global Software-Defined Networking (SDN) Services Market Insights, Forecast to 2030
Global Software-Defined Networking (SDN) Services Market Research Report 2024
Software-Defined Networking (SDN) Services - Global Market Insights and Sales Trends 2024
Global Software-Defined Networking (SDN) Services Market Report, History and Forecast 2018-2029, Breakdown Data by Companies, Key Regions, Types and Application
Global Software-Defined Networking (SDN) Services Market Research Report 2023
Global Software-Defined Networking (SDN) Services Market Insights, Forecast to 2029
Global and United States Software-Defined Networking (SDN) Services Market Report & Forecast 2022-2028
 
 

 

About Us:
QYResearch founded in California, USA in 2007, which is a leading global market research and consulting company. Our primary business include market research reports, custom reports, commissioned research, IPO consultancy, business plans, etc. With over 17 years of experience and a dedicated research team, we are well placed to provide useful information and data for your business, and we have established offices in 7 countries (include United States, Germany, Switzerland, Japan, Korea, China and India) and business partners in over 30 countries. We have provided industrial information services to more than 60,000 companies in over the world.

Contact Us:
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States
EN: https://www.qyresearch.com
Email: global@qyresearch.com
Tel: 001-626-842-1666(US)  
JP: https://www.qyresearch.co.jp

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