Software Defined Networking Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028
The global software defined networking (SDN) market is anticipated to grow at a significant CAGR of 12.8% during the forecast period (2022-2028). Due to the exponential rise in the size and complexity of network infrastructures over the last decade, technologies to simplify and regulate the entire network have been developed. SDN solutions address these challenges instantly by giving the operator more control over traffic management, allowing the network to run more effectively. Hence, the majority of Communication Service Providers (CSPs) across the globe are investing in SDN technology to manage and control their end-to-end networks and services.
Network administration could be made easier and more automated, leading to improved service delivery. CSPs are preparing their networks to reap the full benefits of a virtualized network architecture, including enhanced agility, flexibility, visibility, and cost-efficiency. CSPs must invest in SDN technology in order to minimize total CAPEX and OPEX expenses in the data-driven digital economy, which is increasingly dominated by Over-the-Top (OTT) competitors.
In recent years, the number of Internet of Things devices has increased. There are currently billions of Internet of Things devices on the market. The expanding use of IoT technology needs the establishment of a network to link these devices. The network infrastructure must be able to meet all of these devices’ requirements in order to offer adequate connectivity and assure the delivery of application-based services. As a result, infrastructure pooling has become more common among service providers in order to reduce high infrastructure implementation costs. For network sharing, processing enormous data from IoT devices, and decreasing administrative responsibilities, businesses are adopting new architectures such as SDN.
Some major players in the market includeCisco Systems, Inc., Dell Inc., Hewlett Packard Enterprise Development LP Huawei Technologies Co., Ltd. Juniper Networks, Oracle Corp., and VMware, Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market.
Cisco’s SDN design for data centers is called Application Centric Infrastructure (ACI). Cisco ACI’s takes a more straightforward approach to network management by combining physical and virtual infrastructure. ACI enables clients to manage the network’s rapid application changes through software flexibility and hardware scalability.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Services
- By SDN Types
- By End-User Industry
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Cisco Systems, Inc., Dell Inc., Hewlett Packard Enterprise Development LP Huawei Technologies Co., Ltd., Juniper Networks, Oracle Corp., VMware, Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Software Defined Networking Market Report by Segment
By Services
- Implementation
- Support
- Consulting
By SDN Types
- Open SDN
- SDN via API
- SDN via Overlay
By End-User Industry
- Cloud Service Providers
- Enterprises
- Telecommunications Service Providers
The report will be delivered within 48-72 hours after payment confirmation