The Global Software Defined Networking Market is expected to grow at a compound annual growth rate of 40.20% in the forecast period of 2021 to 2028 and is likely to reach USD 272.03 billion by 2028. The high investment of CSPs in software defined networking technology to automate network infrastructure is a significant factor driving the market growth rate.
Likewise, the rapid increase in demand for enterprise mobility to improve productivity for field-based services will extend lucrative opportunities for the growth of the software defined networking market.
Software Defined Networking Market Scenario
According to Data Bridge Market Research, the market for software defined networking is expected to gain growth because of major reduction in CAPEX and OPEX. Also, the growing demand for data center consolidation, cloud services and server virtualization along with rising subscriber base as the majority of the population globally uses mobile devices are also expected to fuel the demand of the software defined networking market over the forecast period of 2021 to 2028. SDN controller is an ideal attack surface providing a hacker with the total control of network and lack of skilled personnel which are expected to hinder the growth of the software defined networking market whereas, the complexity in transitioning from traditional network to SDN and reliability concerns for SDN network have the potential to challenge the market in the aforementioned forecast period.
Now the question is which are the other regions that software defined networking market is targeting? Data Bridge Market Research has estimated large growth in Asia-Pacific due to the deployment of customer analytics solutions to utilize customer data, growing customer the large number of cloud-ready industries along with fast adoption of technologies in the region.
For more analysis on the software defined networking market request for a briefing with our analysts, https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-software-defined-networking-market
Software Defined Networking Market Scope
Software defined networking market is segmented on the basis of countries into the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
- All country based analysis of software defined networking market is further analyzed based on maximum granularity into further segmentation. The type of the software defined networking market is segmented into open software defined networking, software defined networking via API and software defined networking via overlay. Based on component, the software defined networking market is segmented into solution and services. On the basis of application, the software defined networking market is segmented into SD-WAN, SD-LAN, security applications and others. Based on end user, the software defined networking market is segmented into enterprise, telecommunication service providers and cloud services providers. On the basis organization size, the software defined networking market is segmented into small and medium enterprises (SMEs) and large enterprises. Software defined networking market is also segmented on the basis of enterprise vertical into banking financial services and insurance (BFSI), healthcare, information technology enabled services, education, retail, manufacturing, government and defense and others.
- Software-defined networking (SDN) involves the division of the forwarding plane from the control plane in network architecture, that helps in the efficient data flow control and also provides network administrators with a software-based approach for organizing the network.
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Key Pointers Covered in the Software Defined Networking Market Industry Trends and Forecast to 2028
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market Installed Base
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Cost of Care Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
Key Market Competitors Covered in the Report
- Cisco
- Huawei Technologies Co., Ltd.
- VMware, Inc.
- Dell Inc.
- Juniper Networks, Inc.
- Nokia, Ciena Corporation
- Hewlett Packard Enterprise Development LP
- Pluribus Networks
- Extreme Networks, Inc.
- Lenovo
- Citrix Systems, Inc.
- Cumulus Networks, Inc.
- Oracle
- DataCore Software
- Arista Networks, Inc.
- Infovista
- Fortinet, Inc.
- FUJITSU
- Palo Alto Networks
Above are the key players covered in the report, to know about more and exhaustive list of software defined networking companies’ contact us, https://www.databridgemarketresearch.com/toc/?dbmr=global-software-defined-networking-market
Research Methodology of Global Software Defined Networking Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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