Press release
SDN, NFV & Network Virtualization Ecosystem to Witness Growth As it Reduces the Burden of OpEx and CapEx
While the benefits of Software Defined Networking (SDN) and network virtualization are known widely in IT firms and data center world, the two advances additionally come with several advantages for the telecommunications service provider group. These innovations can not only help address the extremely high capacity demand of mobile traffic, but additionally they are also able to reduce the OpEx and CapEx load tackled by service providers in order to deal with this soaring demand by reducing the dependability on costly proprietary hardware platforms. The acknowledgment of these advantages has prompted the rise of the Network Functions Virtualization (NFV) idea that looks for the virtualization and successfully merges numerous service provider network components onto multi-tenant industry-standard servers, storage, and switches.
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Service providers, both fixed line as well as mobile, have just started making noteworthy investments in NFV, and SDN over various use cases including SD-WAN, uCPE/vCPE, vEPC, vIMS, vCDN, Cloud RAN, and so on. SNS Research evaluates that service providers NFV and SDN ventures will develop at a strong CAGR of around 45% during the forecast period from 2017 to 2020. By the end of year 2020 the market is expected to be evaluated worth US$22 billion in terms of revenue.
Base on submarkets, the global SDN, VNS, and network virtualization market is divided into NFV hardware and software, SDN/SD-WAN hardware and software, and some other network virtualization softwares. On the basis of user base, the market is categorized into service providers and data centers and enterprises. The NFV submarkets are further segmented into VNF (virtualized network function) software, NFV MANO (management and orchestration) software, and NFVI (NFV infrastructure). Moreover, the SDN/SD-WAN submarkets are sub-segmented into SDN-Enabled Switches, SDN controller software, routers & other appliances, SD-WAN appliances, SD-WAN control & overlay software, SDN network applications, and SDN orchestration software. As per the service provider functional area, the global SDN, VNS, and network virtualization market is divided into CDN (content delivery network), data center, CPE (customer premises equipment), IMS & VoLTE, transport network, policy control, RAN (radio access network), fixed access network, mobile core, and other areas. On the basis of geographical regions, the global market is broadly classified into 6 main regions – Eastern Europe, the Middle East and Africa, Asia Pacific, North America, Latin and Central America, and Western Europe.
The research report include various enabling technologies, architecture, protocols, and leading trends in the market. It also reviews the main functional areas such as SD-WAN, vPEC, data center SDN, vIMS, vCDN, and Cloud RAN. It focuses on collaborative and regulatory measures being taken by several firms, and a precise future roadmap of the industry including the value chain.
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