Software defined networking (SDN) is a technology that creates a global view of network to provide centralized, intelligence-based network control by separating the control logic from off-device computer resources. This technology has redefined the networking architecture by providing a flexible way to manage and control complex networks through efficient resource and data traffic management.
Communication providers are increasingly adopting SDN for improved agility and robustness, ease in network congestion, cost and time efficiency, flexibility in network infrastructure, automation of tasks, and rapid innovation. Varying network conditions and application demands encouraged industries, including BFSI, telecom, education, defense, and manufacturing among others, to implement this emerging networking technology. Complex network traffic patterns, increasing cloud computing services, need for mobility services and efficient infrastructure, and big data analytics are the major factors that drive the market growth. On the other hand, lack of standardization and awareness among enterprises is likely to limit its growth. The increasing adoption of cloud computing services and need for technological advancement are expected to create numerous growth opportunities for the market.
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KEY PLAYERS, , Dell Inc., Hewlett-Packard Enterprise, International Business Machines Corporation, Cisco Systems, Inc., Juniper Networks, Inc., NEC Corporation, Brocade Communications Systems, Inc., Big Switch Networks, Inc., Extreme Networks, Inc., VMware, Inc., , Other leading players in the market include Hewlett-Packard Enterprise Company, International Business Machines Corporation, Juniper Networks, Inc., NEC Corporation, Brocade Communications Systems, Inc., Big Switch Networks, Inc., Extreme Networks, Inc., and VMware, Inc.
Leading players and their key business strategies are analyzed in the report to gain a competitive insight into the market. The key vendors of SDN market offer various solutions to manage and control the complexity of networking. In addition, acquisitions and partnerships are the strategies employed by key players to enhance their offerings and expand their customer base. For instance, in December 2014, Dell Inc. collaborated with Cumulus Networks to start Midokura, a software defined network start-up which provides network virtualization solution available for Dell’s hardware and the network operating system of Linux. In April 2015, Cisco Systems Inc. acquired Embrane Inc., a software defined networking firm to extend its product offerings and expand its customer base.
The world software defined networking market is segmented on the basis of solution, end user, vertical, and geography. Based on the solution, the market is segmented into physical network infrastructure, virtualization and control software, professional services, and SDN applications & network services. The end-user segment is categorized into telecommunication service providers, cloud service providers, and enterprises. Software defined networking is implemented across domains such as IT, consumer goods & retail, BFSI, defense, telecom, healthcare, and others. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC, and LAMEA.
The passage highlights the trend of governmental organizations increasing their maintenance budgets for system infrastructure while also investing in initiatives for project development, modernization, and enhancement. This has led to the success of investments and an increase in the annual funding set aside by ICT vendors for the growth of the online market. The passage also mentions the anticipated increase in global ICT exports, which are expected to rise by an average of 3.9% yearly from US$ 784.3 billion in 2021 to US$ 955.19 billion in 2030. The global supply of ICT has increased by 9.5% yearly since 2009.
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In terms of global ICT exports in 2021, Ireland ranked first with US$ 169.32 billion, followed by the United States at number 2, India at number 3, and China at number 4. The passage also notes the significant increase in Brunei’s global ICT exports by 228.2% year over year since 2009, while Sierra Leone’s global ICT exports have decreased by 61.7% year over year in the same period. Overall, the passage highlights the growth and potential of the global ICT market, driven by increased investments and funding for infrastructure and project development.
It seems that the ICT industry in Europe is predicted to experience moderate growth in the coming years, with an annual increase of 1.5% expected from 2021 to 2026. Germany currently holds the top position in terms of ICT revenue in Europe, followed by the United Kingdom, France, and Ireland. It’s interesting to note that while some countries like Malta have experienced significant growth in the ICT industry since 2016, others like Italy have seen a slight decline. This information can be useful for businesses and investors looking to enter or expand in the European ICT market.
KEY BENEFITS
This report provides an in-depth analysis of software defined networking market to elucidate the imminent investment pockets in the market.
Current trends and future estimations have been outlined to determine the overall market potential and single out profitable trends to gain a stronger foothold in the market.
The report provides information regarding key drivers, restraints, and opportunities along with a detailed impact analysis.
Quantitative analysis of the current market and estimations during the forecast period has been provided to showcase the financial competency of the market.
Porter’s five forces model and SWOT analysis of the industry illustrate the potency of the buyers and suppliers.
Value chain analysis provides a clear understanding of the roles of stakeholders involved.
MARKET SEGMENTATION
The market is segmented on the basis of solution, end user, vertical, and geography.
MARKET BY SOLUTION
Physical network infrastructure
Virtualization and control software
Professional services
SDN applications & network services
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MARKET BY END USER
Telecommunication service providers
Cloud service providers
Enterprises
MARKET BY VERTICAL
IT
Consumer goods & retail
BFSI
Defense
Telecom
Healthcare
Others
MARKET BY GEOGRAPHY
North America
Europe
APAC
LAMEA
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
Some of the Key Questions Answered in this Report:
- What is the Market dimension at the regional and country-level?
- What are the key drivers, restraints, opportunities, and challenges of the Market, and how they are anticipated to influence the market?
- What is the international (North America, Europe, Asia-Pacific, South America, Middle East and Africa) income value, manufacturing value, consumption value, import and export of Market?
- Who are the world key producers of the Market Industry? How is their working state of affairs (capacity, production, sales, price, cost, gross, and revenue)?
- What are the Market possibilities and threats confronted via the carriers in the world Market Industry?
- Which application/end-user or product kind may also be seeking for incremental boom prospects? What is the market share of every kind and application?
- What targeted method and constraints are keeping the Market?
- What are the distinct sales, marketing, and distribution channels in the world industry?
- What are the upstream uncooked substances and manufacturing gear of Market alongside with the manufacturing technique of Market?
- What are the key market tendencies impacting the increase of the Market?
- Economic have an impact on the Market enterprise and improvement vogue of the Market industry.
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