The newly added Software Defined Networking (SDN) Market research report by Value Market Research disclose all the important information associated with the market such as value, growth factor, trends, market share, size, and challenges for the forecasted timeline 2020-2027. Further, this report also highlights smart strategy adopted by major players and also their market share. Basically, this report is designed to give a proper understanding of industry structure and competition intensity attractiveness.
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the software defined networking (SDN) market includes Alcatel-Lucent S.A., Big Switch Networks Inc., Brocade Communications Systems, Inc., Cisco Systems, Inc., Dell Inc., Extreme Networks, Inc., Hewlett-Packard Enterprise Company, International Business Machines Corporation, Juniper Networks, Inc., NEC Corporation and Vmware Inc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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Market Dynamics
Growth in cloud computing services among IT organizations have boosted the growth of the software-defined networking market. In addition, the growing adoption of mobile devices has tremendously raised over the past few years, leading to an increasing need for efficient data networks across private and public sectors. This, in turn, is boosting the growth of software-defined networking industry. Furthermore, the rising need for technological advancement among enterprises offers new growth opportunities to market players to expand their market presence. However, lack of standardization & implementation and also lack of awareness among enterprises is likely to hamper the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of software defined networking (SDN).
Browse Global Software Defined Networking (SDN) Market Research Report with detailed TOC at: https://www.valuemarketresearch.com/report/software-defined-networking-sdn-market
Market Segmentation
The broad software defined networking (SDN) market has been sub-grouped into solution, vertical, and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Solution
· Physical Network Infrastructure
· Virtualization And Control Software
· Professional Services
· SDN Applications & Network Services
By Vertical
· IT
· Consumer Goods and Retail
· BFSI
· Defense
· Telecom
· Healthcare
· Others
By End-User
· Telecommunication Service Providers
· Cloud Service Providers
· Enterprises
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for software defined networking (SDN) in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
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SDN is a new technology that facilitates high programmability in the execution of complex networks.
Service providers are adopting SDN at a rapid pace, which is supposed to drive the demand for the product over the upcoming years.
In a report offered recently by Market Research Future (MRFR), the global Software Defined Networking Industry is projected to register 42.41% CAGR over the prognosis period 2018 to 2023.
As per the estimations provided in this MRFR report, the market is supposed to exceed USD 59,000 Mn mark by the close of 2023, increasing from USD 7,211.5 Mn in 2017.Adoption of SDN across industries such as BFSI, information technology, telecommunication, etc.
is supposed to provide impetus to augmentation of the Software Defined Networking Industry.
Advancements in networking infrastructure, in conjunction with rising adoption of big data, is expected to catapult the market on its growth trajectory.Get More Details of Report @ https://www.abnewswire.com/pressreleases/software-defined-networking-sdn-market-2020-covid19-impact-analysis-development-strategy-sales-revenue-key-players-regional-trends-and-industry-outlook-2023_490507.htmlKey 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.Software Defined Network Global Market - SegmentationOn the organization size, the Software Defined Networking (SDN) market has been segmented into SMEs and large enterprise.On the basis of component, Software Defined Networking (SDN) market has been segmented into hardware component (switches, router, and others), services (support & maintenance service, professional service, consulting service and managed service) and software (application software and software controller).On the basis of application, Software Defined Networking (SDN) market has been segmented into SD-WAN, security applications, SD-LAN, and others.On the basis of solution, Software Defined Networking (SDN) market has been segmented into physical network infrastructure solution and network virtualization & automation solution.On the basis of end-user, Software Defined Networking (SDN) market has been segmented into retail, healthcare, IT & telecommunication, BFSI, government, industrial, and others.Software Defined Network Global Market- Regional AnalysisThe geographical evaluation of the global Software Defined Networking (SDN) market is included in this assessment.
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 2023OverviewThe global Software Defined Network market is growing with the rapid pace is mainly due to Increasing adoption of software defined networking solutions and services is one major factor fuelling the growth of software defined networking market.
According to a recent study report published by the Market Research Future, The global market of Software Defined Network is booming and expected to gain prominence over the forecast period.
The market is projected to demonstrate a spectacular growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017 – 2023).The global Software Defined Network market is driven due to rapid adoption of Software Defined Network solutions that optimize its networks, are few factors which are propelling the growth of Software Defined Network market to the large extent.
It helps the company in reducing operational costs and also helps in improving overall customer service life cycle.
It helps in overcoming the limitations associated with traditional network infrastructure.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/1607Key PlayersCisco 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), Ulak Communications are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Software Defined Network Market.Industry News5 March 2017 - Cisco and IBM announces their new Versa Stack solution that helps organizations to reduce the complexity and automate processes of delivery of applications.
It also includes hybrid cloud capabilities and the latest software defined storage technologies to address cloud-scale applications.December 18, 2015 – NEC Corporation, a global leader of leaders in Software Defined Networking (SDN) and NF, had announced its collaboration with Intel Corporation to develop the Cloud-Radio Access Network solution for virtualizing the functions of mobile base stations.November 17, 2015 – Cisco system Inc. has introduced software and developer tools for cloud-scale networking that enable service providers and web companies to deliver cloud applications.Competitive AnalysisThe market of Software Defined Network appears to be highly competitive.
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.
