The global Software Defined Networking (SDN) Market is highly fragmented due to the presence of various large numbers of players which forms a competitive environment. The report entails all-inclusive information associated with the latest market updates such as new ideas, market size, opportunity, growth path and trends for the forecast period of 2022-2028 to gain competitive edge across the globe. This report also highlights various important strategic mergers and acquisitions, company overview, financial details, and the latest development undertaken.
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.
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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
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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.
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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Market HighlightsAs per MARKET Research Future, the global software-defined networking market is poised to surge at 42.41% CAGR during the review period (2018-2023).
The study offers insights into the leading market players, segmental description as well as regional analysis and presents an assessment of their current market position, which in return will display the future aspects of the market.Top Market Drivers & Key ChallengesThe exponential growth in big data is has been an important part that is moderately driving the adoption of software-defined data centers across the globe in various domains such as IT, retail, BFSI and telecom.Get More Details of Report @ https://www.marketwatch.com/press-release/software-defined-networking-sdn-market-2020-covid-19-impact-analysis-development-strategy-sales-revenue-key-players-regional-trends-and-industry-outlook-2023-2020-06-16As software-defined infrastructure helps in faster implementation of automation processes smoothly in organizations, it has seen a drastic demand over the years, which has surged the market’s growth for the past five years.
With looking it its high rate of acceptance, the global market for software-defined networking is anticipated to expand double-digit in the coming years.At the same time, more factors such as complex network traffic patterns, swelling cloud computing services, the necessity for mobility services, the need for efficient infrastructure, and the advent of big data analytics are influencing the software-defined networking market growth.Key Players:The prominent players in Software Defined Networking 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 – SegmentationThe MRFR study also includes a comprehensive segmental analysis of the global software-defined networking market, which has been conducted based on component, solution, organization size, end-user, solution, application.In terms of component: Services, hardware components, and software are the segments.
The services segment is forwardly categorized into support & maintenance service, managed service, professional service as well as consulting service, whereas the hardware component segment is also categorized into switched, route and more.
Whereas, the large enterprise segment is estimated to surpass a valuation of USD 35,000 Mn by 2023-end.In terms of the application segment, the market included SD-LAN, security applications, SD-WAN and more.
The SD-WAN segment can also remain highly profitable over some years in the future.
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.
