Software Defined Networking (SDN) Market Is Thriving Worldwide with major players Cisco Systems Inc, IBM Corporation, Hewlett Packard Enterprise (HPE)

The global Software Defined Networking market accounted for US$ 2.12 Bn in 2015 and is expected to grow at a CAGR of 30.3% during the forecast period 2016 – 2025, to account for US$ 40.00 Bn in 2025.

One of the major factors impacting the significant adoption of the software defined networking solutions is that it provide end-users the ease of deployment along with flexibility for high scalability. SDN also provide its users with optimal Capital Expenditure (CAPEX) and improved energy efficiency, which in turn helps in achieving low Operational Expenditure (OPEX). With developing digital ecosystem, and high data growth, the developing economies provide abundant opportunities for the organizations operating in the global SDN market.

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Leading Vendors :

  • Cisco Systems, Inc
  • IBM Corporation
  • Hewlett Packard Enterprise (HPE)
  • VMware
  • Juniper Networks
  • Huawei Technologies Co.Ltd.
  • Cumulus Networks
  • NEC Corporation
  • Brocade Communications Systems
  • Broadcom Ltd

Market Insights
Unprecedented growth in cloud computing services driving the overall market
IT organizations are rapidly shifting towards cloud technology, and thus adoption of cloud services have fiercely risen globally, fueling the growth of software defined networking systems. The growth of software defined networking is anticipated to spur as the IT and business entity leaders explore benefits associated to application level roles and events for functional efficiency and resiliency. This comprises of cloud integration, network services automation, hybrid automation services and quick time-to- service. Presently there are several enterprises that are generating network service application for software defined networks in order to add value of virtualization to an entirely new standard, by allowing those services to impact the infrastructure unswervingly and vigorously on behalf of the presented applications and their usability.

Solution Insights
The solution segment of software defined networking solution includes physical infrastructure; virtualization/control software; software defined networking applications including network & security services; and professional services. The vendors in this market provide various facilities to the companies to choose for the appropriate software defined networking solution required. The software defined networking has witnessed a healthy adoption rate at the very initial stage of its launch, thus the market for software defined networking solutions is expected to foresee high adoption rate.

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GLOBAL SOFTWARE DEFINED NETWORKING – MARKET SEGMENTATION

By Solution

  • Physical Infrastructure
  • Virtualization/Control Software
  • SDN Applications (including network & security services)
  • Professional Services

By End User

  • Cloud Service Providers (CSPs)
  • Technology Service Providers (TSPs)
  • Enterprises

By Vertical

  • Banking, Financial Services and Insurance (BFSI)
  • Telecom & Information Technology (IT)
  • Consumer Goods & Retail
  • Manufacturing
  • Government & Defense
  • Academia & Research
  • Others

By Geography

  • North America : U.S, Canada, Mexico
  • Europe: France, Germany, Italy, Spain, U.K Rest of Europe
  • Asia Pacific (APAC):  Japan, China, India, Australia, Rest of APAC
  • Middle East & Africa (MEA): Saudi Arabia, South Africa, UAE, Rest of MEA
  • South America (SAM): Brazil, Rest of SAM

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Posted by on Monday December 09 2019, 2:03 AM EST. All trademarks acknowledged. Filed under Technology, Media, & Telecommunications. Comments and Trackbacks closed. Follow responses: RSS 2.0

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