Global Software-Defined Networking and Network Function Virtualization Market Size, Status and Forecast 2021-2027

According to a new market research report "Software-Defined Networking Market by Component (SDN Infrastructure, Software, and Services), SDN Type (Open SDN, SDN via Overlay, and SDN via API), End User, Organization Size, Enterprise Vertical, and Region - Global Forecast to 2025", published by MarketsandMarkets™ the Software-Defined Networking Market size expected to grow from $13.7 billion in 2020 to $32.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 19.0% during the forecast period.

The major growth drivers for the market includes investment of CSPs in SDN technology to automate network infrastructure, significant reduction in CAPEX and OPEX, increasing demand for cloud services, data center consolidation, and server virtualization, increase in demand for enterprise mobility to enhance productivity for field-based servicesBrowse in-depth TOC on "Software-Defined Networking Market” 423- Tables 40- Figures  465- PagesDownload PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=655The SDN via API is expected to show the highest growth rate during the forecast periodSDN enables the programming of network behavior in a centrally controlled manner through software applications using open APIs.

The former is used by controllers to push configuration and state to network devices, such as switches and routers, while the latter is used to push information between the controller and other applications.

Several service providers, such as AT and Orange, are working with Metro Ethernet Forum (MEF), a nonprofit international industry consortium dedicated to the adoption of carrier ethernet networks and services, and TM Forum, a nonprofit industry association for service providers and their suppliers in the telecommunications industry, to accelerate efforts to develop a set of standardized APIs for industry-wide use.The consulting professional services  segment is estimated to have a larger market share during the forecast period Consulting services deal with complex inquiries and have numerous clients that demand constant changes in product and service offerings.

These services focus more on offering superior customer services.

Consulting service providers offer services irrespective of the location and time to help clients streamline their business processes with innovative practices to sustain the market competition and efficiently manage employees.North America is expected to hold the largest market size during the forecast periodNorth America is a market with high growth potential in SDN, which is aided by the region’s early and fast adoption of technologies, such as cloud computing, network functions virtualization, mobility services, and Bring Your Own Device (BYOD).

Networking Defined By SoftwareIn few IT groups, Software Defined Networking (SDN) is still viewed as a hypothetical idea or vaporware to a great extent.

Even though SDN  is valid multiple fields, the truth is that we now have few circumstances where SDN can be utilised – and you will be able to see several cases in the coming years.

What was previously just another buzzword expressed by IT marketing experts, has now transformed into a practical idea which most of us can make use in organization networks.Who can precisely derive the benefits from SDN deployments today?

For one, a small portion of your network architecture must be fit for utilising software-defined technologies or can be redesigned to permit such centralised orchestration.The widest areas where SDN can be applied today is either inside the datacenter or at the WAN control.

What’s more is once your next network recharge comes around, you will be prepared to take benefits of SDN capacities that are arid.Another element that influences the value and reasonability of SDN in an enterprise surrounding needs to do with the level of infrastructure virtualisation that has effectively occurred.

Several advantages of SDN particularly in the Datacenter feels that servers and other system administrations should be virtualised too.

Market Research Future published a research report on “Software Defined Networking (SDN) Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.Market Overview:The software defined networking (SDN) 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 global 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.

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.Get Free Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/1607Key Players:The prominent players in Software Defined Networking (SDN) 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 – SegmentationMRFR 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 AnalysisThe 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.

Adroit Market Research launched a study titled, “Global Software Defined Networking Market Size 2017 by Solution (Physical Network Infrastructure, Virtualization, SDN Application, Integration & Deployment, Training & Maintenance and Managed Services), by Application (BFSI, IT & Telecom, Consumer Goods, Defense, Healthcare and others), by Region and Forecast 2018 to 2025”.The study covers the global software defined networking market value for a period ranging from 2015 to 2025, where 2015 to 2017 imply the actual annual consumption with forecast between 2018 and 2025.

The global software defined networking market report also includes qualitative insights of the market such as drivers, restrains, value chain, regulatory framework, PESTLE analysis and Porter’s five forces analysis.

The global software defined networking market 2018 gives a holistic view encompassing consumption, import and export for key regions and countries.Click to Continue Reading on https://www.adroitmarketresearch.com/industry-reports/software-defined-networking-marketThe global software defined networking market size is estimated to reach USD 101.23 billion by 2025, owing to the growing demand for dynamic and cost-effective networking solutions.

High capital investments by the telecom carriers across the world have increased the demand for higher operational efficiency in the field of networking technologies.

Among these industry verticals, consumer goods segment is anticipated to grow with the highest CAGR in the forecast period, followed by healthcare and BFSI sector.

SDN holds great promise for healthcare sector as most of the healthcare IT professionals are looking forward to updating hospital networks, protect patient data and supportive innovative medical applications.Geographically, the software defined networking market is segmented into five regions- North America, Asia-Pacific, Europe, Latin America and Middle-East & Africa.

Software-Defined Networking (SDN) Market: By Organization Size (SMEs and Large Enterprise), By Component (Hardware Component, Services and Software), By Application (SD-WAN, SD-LAN, Security Applications and Others), By Solution (Physical Network Infrastructure Solution, Network Virtualization and Automation Solution) and By End-User (Retail, IT & Telecommunication, Healthcare, BFSI, Industrial, Government and others) - Global Forecast till 2027OverviewThe software-defined networking (SDN) market is anticipated to witness healthy growth from 2018 to 2023, a research report suggests.

The growing threat from cyber-attacks on the other hand will challenge network management sector based organizations functioning in the global software-defined networking (SDN) market.

Analysts have studied the strategy of network management segment based organizations to help new entrants and established businesses.

To study the market, analysts have further segmented end-user, application, component, organization size, and solution into SMEs and large enterprises on the basis of organization size.

But the report also identifies the lack of awareness and dynamic policies and regulations as major threats companies in network management will face till 2027.

Regional OverviewNetwork management market based companies in the software-defined networking (SDN) market are functioning across North America, Europe, Asia Pacific, the Middle East, and Africa including the rest of the world.

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.

This technology is used in several ways by different organizations including cloud computing & data centers, carriers, service providers and enterprise campuses.

However, lack of skilled staff and supremacy & strict security standards are the factors restraining overall market growth in the years to come.

On the basis of components, software defined networking market is divided into solutions and services.

In terms of end user, SDN market is split into cloud service providers, telecommunication service providers, and enterprise.

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.

The Global Software Defined Networking Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.

The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The report offers a value chain analysis that gives a comprehensive outlook of the software defined networking market.

The attractiveness analysis of v market has also been included so as to evaluate the segments that are anticipated to be profitable during the forecast period.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Software Defined Networking Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/5837-software-defined-networking-market-reportThe report also covers the complete competitive landscape of the global Software Defined Networking market with company profiles of key players such as:Dell Inc.Hewlett-Packard Enterprise CompanyInternational Business Machines CorporationCisco Systems, Inc.Juniper Networks, Inc.NEC CorporationBrocade Communications Systems, Inc.Big Switch Networks, Inc.Extreme Networks, Inc.VMware, Inc.SEGMENTATIONS IN REPORT:Software Defined Networking Market Analysis by Solution:Physical Network InfrastructureVirtualization And Control SoftwareProfessional ServicesSDN Applications & Network ServicesSoftware Defined Networking Market Analysis by End User:Telecommunication Service ProvidersCloud service providersEnterprisesSoftware Defined Networking Market Analysis by Vertical:ITConsumer Goods And RetailBFSIDefenseTelecomHealthcareOthers (Media And Entertainment, Energy And Power, Manufacturing)Software Defined Networking Market Analysis by Geography:North AmericaEuropeAsia PacificRest of the WorldDownload Free Sample Report of Global Software Defined Networking Market @ https://www.decisiondatabases.com/contact/download-sample-5837The Global Software Defined Networking Market has been exhibited in detail in the following chapters –Chapter 1 Software Defined Networking Market PrefaceChapter 2 Executive SummaryChapter 3 Software Defined Networking Industry AnalysisChapter 4 Software Defined Networking Market Value Chain AnalysisChapter 5 Software Defined Networking Market Analysis By ProductChapter 6 Software Defined Networking Market Analysis By TypeChapter 7 Software Defined Networking Market Analysis By ApplicationsChapter 8 Software Defined Networking Market Analysis By GeographyChapter 9 Competitive Landscape Of Software Defined Networking CompaniesChapter 10 Company Profiles Of Software Defined Networking IndustryPurchase the complete Global Software Defined Networking Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-5837Other Reports by DecisionDatabases.com:Global Social Networking Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Low Power Wide Area Network Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Cloud Radio Access Network (C-RAN) Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.

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