Brief:
Increasing demand for high-speed data connectivity has forced telecom providers to innovate their product offerings to be able to completely transforming the traditional network infrastructure and address the growing needs of consumers.
In addition’ network operators are facing certain challenges such as data traffic’ difficulty in adding new network services’ and limited utilization of bandwidth for delivering profitable on-demand services. These situations have led the demand for the adoption of software defined networking services in carrier networks’ which enable bandwidth improvisation’ automated traffic management’ and customization to meet the client’s requirements.
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The carrier SDN market is set to be one of the emerging markets in the next five years. The SDN hardware’ software’ and services & applications are the major products being adopted in carrier networks. This opportunity has resulted in the huge investments in the innovations for the growth of carrier SDN market by OEMs’ device manufacturers’ and technology vendors. There is an increased interest by network companies for adopting smart SDN solutions to offer innovative services as per the demand of customers to grab the market share and stand out from the competitive industry.
Products Analysis:
The services & applications segment is playing an important role in fulfilling the demand of customers and has a prominent market share’ which is expected to reach $4’859.8 million by 2023. A number of start-ups are entering the market for offering attractive services to the customers. Innovations in IoT and increasing R&D investments from big organizations for enhancement in network connectivity are contributing to the market growth.
Market Analysis:
According to Report Ocean Research’ the “Worldwide Carrier SDN Market” is expected to reach $9’510.3 million by 2023′ growing at a CAGR of around 42.3% during the forecast period 2017-2023. Increasing adoption of connected devices’ growing data traffic’ network complexities’ and demand for network connectivity with higher bandwidth are forcing the network companies to focus on the development of advanced and effective SDN offerings to support telecom industry growth. Rising demand for SDN applications & services in telecom industry have been one of the major drivers.
The surge in new entrants has resulted in the old major players acquiring them to improve their product and service offerings. SDN controller software market is expected to reach $2’855.9 million by 2023′ growing at a CAGR of 43.0% during the forecast period 2017-2023.
Regional Analysis:
North America leads the market share mainly due to the advancements in technology and its adoption. North America carrier SDN market is expected to reach $3’337.2 million by 2023‘ growing at a CAGR of 40.1% during the forecast period 2017-2023. The developing regions such as Asia-Pacific will be boosting the market growth mainly driven by rapid smartphone adoption and increasing internet subscribers. The government initiatives for developing smart city projects in the region are the main factors contributing to the market growth. Europe is hugely spending in R&D for the infrastructure development.
Key Players:
VMware’ Cisco Systems’ HPE’ Huawei Technologies’ Alcatel-Lucent’ Ericsson’ Brocade Communications Systems’ Big Switch Networks’ Plexxi’ Pica8′ Midokura’ Pluribus Networks’ Inocybe Technologies’ and other predominant & niche players.
Competitive Analysis:
The study covers and analyzes the “Worldwide Carrier SDN” market. Bringing out the complete key insights of the industry’ the report aims to provide an opportunity for players to understand the latest trends’ current market scenario’ government initiatives’ and technologies related to the market. In addition’ helps the venture capitalist in understanding the companies better and take informed decisions.
Benefits: The report provides an in-depth analysis of carrier SDN market aiming to bring down the operational cost for the enterprises.
The report provides a detailed analysis of the carrier SDN market in terms of product type’ carrier type’ enterprise type’ and regions. The key stakeholders can know about the major trends’ drivers’ investments’ vertical player’s initiatives’ and government initiatives towards the carrier SDN services adoption in the upcoming years. The report also provides details about the major challenges that are going to impact on the market growth. Furthermore’ the report gives complete details about the key business opportunities to key stakeholders to expand their business and capture the revenue in the market.
Key Stakeholders: Device manufacturers’ OEMs’ network providers’ software providers’ data security solution vendors’ service providers’ telecom players’ and investors.
Region/Country Cover in the Report
North America- US’ Canada’ Europe- UK’Germany’France’Poland’Italy
Asia Pacific-China’India’Japan’Australia and New Zealand’South Korea
Rest of World – Brazil’Mexico’GCC’Africa.
Key Players Covered in the Report
VMware Inc’Cisco Systems’Hewlett Packard Enterprise Development LP’Huawei Technologies Co’Ltd’Alcatel-Lucent SA
Ericsson’Brocade Communications Systems’Inc’Big Switch Networks’Inc’Plexxi Inc’Pica8 Inc’Midokura’Pluribus Networks
Inocybe Technologies
Some of the metrics this research service discusses are:
Market Size:
- This metric quantifies the total value or volume of a market, providing an understanding of the market’s scale and potential.
Market Growth Rate:
- This metric measures the rate at which the market is growing over a specific period.
- It helps assess the market’s attractiveness and potential for investment.
Market Share:
- Market share metrics indicate the portion or percentage of the market captured by a specific company or product.
- It provides insights into the competitive position of market players.
Customer Satisfaction:
- Customer satisfaction metrics assess the level of satisfaction or dissatisfaction among customers with a product, service, or brand.
- It helps gauge customer loyalty and identify areas for improvement.
Pricing Analysis:
- Pricing metrics analyze the pricing strategies used in the market.
- This includes metrics such as average prices, price differentials between products or competitors, and price elasticity.
Market Segmentation:
- Segmentation metrics involve dividing the market into distinct segments based on factors such as demographics, geography, behavior, or psychographics.
- This helps understand the varying needs and preferences of different customer groups.
Customer Acquisition Cost (CAC):
- CAC is a metric that calculates the cost of acquiring a new customer. It helps evaluate the efficiency of marketing and sales efforts.
Customer Lifetime Value (CLV):
- CLV measures the total value a customer generates over their entire relationship with a company. It helps assess the long-term profitability of customer relationships.
Return on Investment (ROI):
- ROI metrics evaluate the profitability and effectiveness of an investment or marketing campaign.
- It measures the return or gain generated relative to the cost of investment.
Competitive Analysis:
- Competitive analysis metrics assess the performance and strategies of competitors in the market.
- This includes metrics such as market share, revenue growth, product portfolio, and customer satisfaction.
Key Performance Indicators (KPIs):
- KPIs are specific metrics that measure the performance of a business or organization.
- They can include metrics such as sales growth, market penetration, customer retention rate, and profitability.
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