15th January 2020 – Global Software
Defined Networking (SDN) Market is estimated to grow significantly in
the years to come owing to its rigorous carrier efforts to adopt modern
networking technologies. Software defined networking technology is a cloud
computing approach that enables network management and efficient network
configuration to enhance network monitoring and performance. Its aim is to
advance network control by allowing service providers and organizations to
reply quickly to varying business necessities. This technology is used in
several ways by different organizations including cloud computing & data
centers, carriers, service providers and enterprise campuses.
The factors that are driving overall
market growth are growing alliance of several data centers, growth in network
intricacy and diverse traffic pattern, rising demand for cloud service, and
growing evolution and demand in mobility. However, lack of skilled staff and
supremacy & strict security standards are the factors restraining overall
market growth in the years to come.
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SDN industry is categorized based on
component, end user, and geography. On the basis of components, software
defined networking market is divided into solutions and services. Solutions can
be further split into software and physical appliances, of which physical
appliances is expected to lead software defined networking (SDN) industry owing
to its ability to manage the flow control among the network elements and
applications.
In terms of end user, SDN market is
split into cloud service providers, telecommunication service providers, and
enterprise. Enterprises are expected to register maximum growth in near future
owing to the rising adoption of SDN solutions to enable on-demand delivery of
network and services.
Geographically, software defined
networking industry is divided into North America, Latin America, Europe, Asia
Pacific, and Middle East & Africa. North America is expected to dominate
software defined networking (SDN) market owing to the growing investment by
telecom service providers to enhance infrastructure abilities to meet the
rising network needs. Asia Pacific is also expected to adopt software defined
networking (SDN) technology rapidly in near future.
The key players in software defined
networking (SDN) industry are Cisco, IBM, HP, NEC Corporation, Intel, Juniper,
Arista Network, Huawei, Big Switch Network, Extreme Networks, Pics8, Plexxi,
AT&T, and Pluribus.
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