Dallas,Texas, April 16, 2019 (GLOBE NEWSWIRE) -- The driving factors influencing the global software defined networking market include increasing demand in mobility, server virtualization, increased complexity of the network and diverse traffic patterns, and increasing demand for cloud-based services.
The global software defined networking market size is estimated to reach USD 101.23 billion by 2025, registering the fastest CAGR during the forecast period. Numerous SDN providers are adopting several strategies, including strategic partnerships, acquisitions, new product launches and more. The drivers such as technological advancements and innovative offerings, increasing use of cloud-based services are anticipated to provide vast opportunities in the market.
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The market research report on global software defined networking studies the market demand, key drivers, restraints, and opportunities including trending scenario for the period ranging from 2015 to 2025. The report delivers the historical trends from 2015 to 2017 and market forecast from 2018 to 2025. Moreover, the report learns about the current status and future prospects of the market at global as well as country level. The global software defined networking market is segmented on the basis of the solution, end-user, vertical and geography.
The value chain of the software defined networking market is majorly combined with three stakeholders namely, SDN providers, end-users, and distributors. Every individual stakeholder is valuable at a certain point of operation to expand the value of the final deliverable. SDN applications and SDN-enabled network devices are sold either through distribution channels or SDN vendors.
The “Global Software Defined Networking Market Size by Solution (Physical Network Infrastructure, Virtualization, SDN Application, Integration & Deployment, Training & Maintenance and Managed Services), by Application (BFSI, IT & Telecom, Consumer Goods, Defense, Healthcare and others), by Region (North America, Europe, Asia Pacific, Latin America and Middle-East & Africa) and Forecast 2018 to 2025” study provides an elaborative view of historic, present and forecasted market estimates.
Based on the solutions and services, the global software-defined networking market is categorized into Physical Network Infrastructure, Virtualization and Control Software, Professional Service, SDN Applications & Network Services. On the basis of the end user, the global software-defined networking market is fragmented into Telecommunication Service Providers, Cloud Service Providers, and Enterprises. In terms of verticals, the global software-defined networking market is classified into IT, Consumer Goods and Retail, BFSI, Defense, Telecom, Healthcare, and others. Among these industry verticals, the consumer goods segment is expected to grow with the highest CAGR in the forecast period, followed by BFSI and healthcare sector.
Geographically, the global software-defined networking market is a wide range to North America, Europe, Asia Pacific, and LAMEA. North America has adopted new technologies such as mobility services, network virtualization services, and cloud computing. The high rate of industrialization and technological advancements are considered as the key factors fuelling the growth of the software-defined networking market. Asia-Pacific is estimated to project the fastest growing market due to growing urbanization and sectors such as healthcare, retail, manufacturing, and automobile. The software-defined networking market is specifically driven by vast technological development and tech companies in the US and Canada.
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Leading players of the global software-defined networking market include Hewlett-Packard Enterprise, Big Switch Networks, Dell Inc., Brocade Communications Systems, Inc., IBM Corporation, Extreme Networks, Inc., VMware Inc., Cisco Systems, Inc., and more others.
Major points from Table of Contents:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. Global Software Defined Networking Market Overview, By Solutions
Chapter 5. Global Software Defined Networking Market Overview, By Industry Vertical
Chapter 6. Global Software Defined Networking Market Overview, By Region
Chapter 7. Company Profiles
Continued…
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