According to the latest report by IMARC Group, titled “Software Defined Networking Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global software defined networking market grew at a CAGR of around 25% during 2014-2019. Software-defined networking (SDN) is a network solution utilized for workflow automation through software-based applications. It enhances the efficiency and agility of networks, allowing the user to control large volumes of data and network traffic. The SDN architecture comprises of a controller to centralize physical and virtual environments, a southbound application program interface (API) to transfer information between the controller and the individual, and a northbound API to transmit data between the controller and the application and policy engines. In comparison to the conventionally used networking systems, SDN is more cost-effective and offers enhanced flexibility and security over the entire network.
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The increasing penetration of network infrastructure automation and the widespread adoption of cloud-computing services and big data analytics across various industries are primarily driving the market growth. Furthermore, with the prevalent trend of Bring-Your-Own-Devices (BYOD), several organizations are extensively using SDN solutions to customize and manage the data accessed by employees and optimize the mobile workforce. Additionally, the rising investments in the development of open-source SDNs and 5G infrastructures are further expected to drive the market for SDN in the coming years. Looking forward, IMARC Group expects the global software defined networking market to continue its strong growth during the next five years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global software defined networking market report, along with forecasts for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on region, component, organization size, application and end use industry.
Breakup by Component:
- Solution
- Physical Network Infrastructure
- SDN Controller
- SDN Application
- Others
- Services
- Integration and Deployment
- Training and Consulting
- Support and Maintenance
Breakup by Organization Size:
- Small and Medium Enterprises
- Large Enterprises
Breakup by Application:
- Enterprises
- Telecommunication Service Providers
- Cloud Service Providers
Breakup by End Use Industry:
- BFSI
- IT and Telecom
- Consumer Goods
- Government and Defense
- Healthcare
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape Key Player:
- Arista Networks Inc.
- Cisco Systems Inc.
- Citrix Systems Inc.
- Cloudgenix Inc. (Palo Alto Networks Inc.)
- Cumulus Networks Inc. (Nvidia Corporation)
- Dell Technologies Inc.
- Extreme Networks Inc.
- Hewlett-Packard Enterprise Company
- International Business Machines Corporation
- Juniper Networks Inc.
- NEC Corporation
- Oracle Corporation
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