Market Overview:
The software defined networking market is expanding continually at a rapid pace. The factors such as the increasing demand for SDN from various burgeoning industries such as Healthcare, BFSI, Manufacturing, Retail & Consumer Goods, and Telecommunications among others. Widening adoption of software-defined networking solutions and services is one of the key forces driving the market growth, escalating further to the ascending heights on the global platform.
Acknowledging the exponential growth, the market perceives currently; Market Research Future (MRFR) in its recently published study report asserts that the Covid-19 Impact on Software Defined Networking Market is estimated to reach approximately 61 Bn. USD by 2023, registering a whopping 39% CAGR throughout the forecast period (2017 – 2023).
Additional factors substantiating the market growth include advantageous features of SDN such as flexibility in managing and controlling the complex networks and efficient data traffic management. Simultaneously, growing demand for cloud-based services and increasing demand for mobility and server virtualization are some of the driving forces acting as a tailwind to the market growth. And, the last but by no means least, the BYOD trend in the organizations is fostering the growth of the SDN market, serving as an emerging growth opportunity to the market.
Software-defined networking is a seismic technology that allows service providers to develop highly programmable networks with the help of workflow automation. SDN also supports in reducing operational costs and also helps in improving the overall customer service lifecycle.
Similarly, the software-defined networking helps in overcoming the limitations associated with traditional network infrastructure playing an important role in managing the typical networking infrastructure in the organization.
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Key Players:
The prominent players in Software Defined Networking Global Market are – Cisco Systems, Inc. (U.S.), Hewlett Packard Enterprise (U.S.), IBM Corporation (U.S.), Intel Corporation (U.S.), Juniper Networks (U.S.), Intersil (U.S.), VMware, Inc. (U.S.), Big Switch Networks (U.S.), Pica8, Inc. (U.S.), Huawei Technologies Co. Ltd. (China) among others.
Global Software Defined Networking (SDN) Market – Segmentation
MRFR has segmented its analysis into five key dynamics for the convenience of understanding;
- By Components: Comprises Solutions, and Services among others.
- By End-Users: Cloud Service Providers and Telecommunication Service Providers among others.
- By Organization Size: SMEs and Large Enterprises.
- By Verticals: Healthcare, BFSI, Manufacturing, Retail & Consumer Goods, IT & Telecommunication, Defence, and Government among others.
- By Regions: North America, Europe, APAC and the Rest-of-the-World.
Software Defined Networking Market – Regional Analysis
The North American region holds the largest market share in the global SDN market and is also expected to be the largest revenue generator owing to the continuous technological advancements in the region. The SDN market in North America is mainly driven by the U.S. and Canada owing to the vast developments in the field of technology and the presence of giant technology companies. Furthermore, substantial investments in R&D sector from the major players in this region is acting as a tailwind supporting the market to grow extensively. North America is estimated to continue with its dominance over the global SDN market.
The European region has acquired the next largest market share in the global SDN market. The resurging economy in the region is undoubtedly contributing to the market growth significantly, augmenting the uptake of SDN across the region. Attributing to the increased adoption of cloud technology and significant technological advancements alongside the increasing number of SMEs in the region, the Europe SDN market is expected to grow with a strong CAGR from 2017 to 2023.
The Asia Pacific region is emerging as one of the lucrative markets for the SDN, globally. Factors such as increasing urbanization and growing sectors such as healthcare, manufacturing, retail, and telecommunication backed by the improving economy in the region, foster the market growth. Owing to the presence of foreign players where software-defined networking is being deployed, the APAC SDN market is expected to post a remarkable CAGR during 2017-2023.
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TABLE OF CONTENTS
List of Figures
FIGURE 1 GLOBAL SOFTWARE DEFINED NETWORKING MARKET: MARKET STRUCTURE
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH
FIGURE 3 DRIVERS, OPPORTUNITIES AND RESTRAINTS ANALYSIS OF GLOBAL SOFTWARE DEFINED NETWORKING MARKET
FIGURE 4 VALUE CHAIN: SOFTWARE DEFINED NETWORKING MARKET
FIGURE 5 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL SOFTWARE DEFINED NETWORKING MARKET
FIGURE 6 GLOBAL SOFTWARE DEFINED NETWORKING MARKET, BY ORGANIZATION SIZE, 2017 VS 2023 (USD MILLION)
FIGURE 7 GLOBAL SOFTWARE DEFINED NETWORKING MARKET, BY COMPONENT, 2017 VS 2023 (USD MILLION)
FIGURE 8 GLOBAL SOFTWARE DEFINED NETWORKING MARKET, BY APPLICATION, 2017 VS 2023 (USD MILLION)
Continued…
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The Global Software Defined Radio (SDR) for Communication Market 2020 report displays the whole market in points, by development, item type, application, and unique method and system.
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Analysts also analyzed the shortcomings as opportunities to contribute to ongoing trends and market growth.
It also aims at innovation, trends, stocks and costs to take care of a uniform survey of industry experts.Product Segment Analysis: FPGA, DSP, GPP, PSOC, Amplifier, Software, OthersApplication Segment Analysis: Military, Telecommunication, Transportation, Public Safety, OthersRegional Segment Analysis: North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain etc.
)The report on the Worldwide marketplace also an Investment suggestions that are superb, approximation instrument such as participant's market place, insights to the realistic and current sector view of the marketplace to business and subscribers.
Software Defined Perimeter Market ShareThe global software defined perimeter market is projected to witness a rapid growth during the forecast period.
The growing demand for software defined perimeter among enterprises as it minimizes the maximum communal network-based attacks.FREE PDF@ https://www.marketresearchfuture.com/sample_request/5453The global software defined perimeter market, by geography, is segmented into North America, Europe, Asia Pacific, and Rest of the World.
The U.S., Mexico, and New York are anticipated to drive the growth of the software defined perimeter market owing to the presence of large number of established key players such as Check Point Software Technologies Ltd. (Israel), Cisco Systems, Inc. (U.S.), Intel Corporation (U.S.), Symantec Corporation (U.S.), EMC RSA (U.S.), Fortinet, Inc. (U.S.), Juniper Networks, Inc. (U.S.).
Other aspects such as the emerging economies and technological advancement in software defined perimeter is aiding the market in the region.The global software defined perimeter market is projected to reach USD 7899 billion at a CAGR of over 35% by the end of the forecast period 2017-2023.
By component segment, the market consists of solutions & service.
Solutions consists of security software, which is further sub-segmented into risk analytics and visualization, access control, ids, and IPS, data loss prevention and others.
Post COVID-19, the report "Covid-19 Impact On Edge AI Software Market by Application (Autonomous Vehicles, Access Management, Video Surveillance, Remote Monitoring & Predictive Maintenance, Telemetry and Energy Management), Data Source, Vertical and Region - Global Forecast to 2021", published by MarketsandMarkets™, the market growing from USD 470 million in 2019 to USD 665 million by 2021, at a Compound Annual Growth Rate (CAGR) of 19% during the forecast period.Over the years, organizations have enhanced the level of innovation; and with the outbreak of COVID-19, a majority of operations have been compromised.
Telehealth in the healthcare sector has become a new norm, as health organizations around the world, such as WHO, and CDC have presented guidelines for its use.
Private doctors and healthcare institutions are providing online consulting amidst country lockdowns.Government across the globe are making use of advanced video surveillance techniques such as drones, CCTV cameras to manage social distancing, monitor quarantined people and track the spread of virus.
Once the lockdown eases, many more industries are expected to see a higher adoption of video analytics tools, making video surveillance market to grow at higher rate than earlier expected.The biometrics data source is expected to witness below-average growth during the forecast period in the global edge AI software marketCurrent biometrics system comprises touch-based systems, the outbreak of COVID-19 is projected to set a new norm by rejecting the use of touch-based systems and adoption of touchless biometrics system, as it helps in limiting the spread of virus.
Non-invasive biometrics system such as computer image processing, face scanner is being adopted by the organizations in near future.However, due to the COVID-19 pandemic, countries entering a lockdown phase to contain the spread of the virus, which has resulted in the shutting down of manufacturing activities in the country.
This has reduced the overall usage of edge AI software across the industry.North America edge AI software market to witness a higher impact of COVID-19 and will show a steady growth during the forecast periodCOVID-19 pandemic has the highest impact on North America.
Covid-19 Impact on Encryption Software Market: SynopsisThe global encryption software market is expected to exhibit a strong 24% CAGR over the forecast period from 2017 to 2023, according to the latest research report published by Market Research Future (MRFR).
This turns plaintext into cipher text, which cannot be revealed without the master password or other such security system.
Data encryption has emerged as a major defense mechanism against the rising threat of cybercrime in recent years.
While enterprises may work on protecting their organizations by using firewalls and other blocking mechanisms, the integrity of the data is not protected by these systems.
As a result, data encryption systems are gaining popularity as a final obstacle for cyber criminals.The growing use of digital data storage in industry verticals such as IT and telecom, healthcare, BFSI, retail, and government is likely to be a major driver for the global encryption software market over the forecast period.
Based on service, the global encryption software market has been segmented into professional service and managed service.
