The Report Software Defined Networking (SDN) Market Size & Analysis By End-Use, By
Service, By Solution (Physical Network Infrastructure, Virtualization/Control
Software, and SDN Application), By Application, By Region, And Segment
Forecasts, 2018 - 2024
The global SDN market is estimated to reach USD 70.41 billion by
2024, according to a new report by Grand View Research, Inc. Software defined
networking has witnessed a surge in its popularity in the recent years and
rightly so owing to the myriad benefits it offers over the existing legacy
infrastructure. The SDN solutions provide centralized control and operational
capabilities, which help the network administrators and engineers to respond
quickly and efficiently. The SDN architecture comprises different tools and
techniques, such as the controller, switches forwarding, and backplanes, among
others, that make the systems more agile and flexible.
SDN acts as a bridge
between the applications and routers and switches to relay information and data
between them. As they provide a virtualized view of the network and storage,
the SDN solutions help in deploying applications and services at a fast pace.
The demand for SD solutions is anticipated to be on the rise as there is a
growing necessity for the increasing operability and bandwidth of the carrier
networks for service providers as well as large enterprises. The increasing
data traffic due to increased mobile devices, social media cloud computing, and
even Internet of Things (IoT) is expected to propel the data traffic in the
coming years, which will create a steep demand for enhanced networks.
The CapEX and OpEX
reduction afforded by the software defined networks, coupled with the
pay-as-you-grow model, is helping the demand growth. The increasing
applicability in the data center infrastructures and campus networks, as well
as the presence of open source automation tools such as OpenStack, will fuel
the market growth in the coming years. SD-WAN and convergence of SDN, NFV, and
OpenFlow are the upcoming trends to watch for that may shape the developing
industry.
Access Research Report of Software
Defined Networking (SDN) Market @ http://www.grandviewresearch.com/industry-analysis/software-defined-networking-sdn-market-analysis
Further key findings from the report suggest:
· Software defined networking is anticipated
to find Wide Area Networks (WAN) as the major use case in the coming years. Not
only has SD-WAN been in the limelight of the SDN vendors for a long period now
but the industry is also ripe for the adoption of the software defined WAN for
enterprises which are looking to replace the existing MPLS systems that had
been de facto for most major organizations.
· The industry is dotted by some major
players including VMware, Alcatel-Lucent (Nokia), International Business
Machines, Cisco Systems, and Juniper. Other prominent industry players are
Plexxi, NEC Corporation, Google Inc., Huawei Corp., Hewlett-Packard, Brocade
Communication Systems, Big Switch Networks, and AT&T, among others. The
emergence of new companies that cater to specific niche clients or provide
capabilities targeting particular functionalities is also on the rise.
· The new product development, industry
players’ concentration on research and development activities, and developing
cost effective products for a differential industry are the major strategic
plans adopted by the industry players. Also, there has been an increasing focus
on the partnership and collaborations in the industry. For example, in March
2015, Brocade announced that it had completed the acquisition of the SteelApp
business unit from Riverbed Technology. The SteelApp product line helped the
Brocade data center deployments and enhanced the Vyatta Platform offering for
the NFV and SDN solutions.
Grand View Research has
segmented the global software defined networking (SDN) market on the basis of
end use, services, solutions, application, and region:
Software Defined Networking End Use Outlook (Revenue, USD
Million; 2014 - 2024)
·
Enterprise
·
Telecommunication Service Providers
·
Cloud Services Provides
Software Defined Networking Services Outlook (Revenue,
USD Million; 2014 - 2024)
·
Integration and Deployment
·
Training and Maintenance
·
Managed Services
Software Defined Networking Solutions Outlook (Revenue,
USD Million; 2014 - 2024)
·
Physical Network Infrastructure
·
Virtualization/Control Software
·
SDN Application
Software Defined Networking Application Outlook (Revenue,
USD Million; 2014 - 2024)
·
BFSI
·
IT & Telecom
·
Consumer Goods
·
Government and Defense
·
Healthcare
·
Others
Software Defined Networking Market Regional Outlook
(Revenue, USD Million; 2014 - 2024)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East & Africa (MEA)
Access Press Release of Software Defined Networking (SDN) Market@ https://www.grandviewresearch.com/press-release/global-software-defined-networking-sdn-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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