Dublin, Feb. 27, 2023 (GLOBE NEWSWIRE) -- The "Software-Defined Networking: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Software-Defined Networking estimated at US$18.5 Billion in the year 2022, is projected to reach a revised size of US$75.6 Billion by 2030, growing at a CAGR of 19.2% over the analysis period 2022-2030.
Services, one of the segments analyzed in the report, is projected to record a 18.8% CAGR and reach US$30.9 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Software segment is readjusted to a revised 19.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $5.8 Billion, While China is Forecast to Grow at 25.9% CAGR
The Software-Defined Networking market in the U.S. is estimated at US$5.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$16 Billion by the year 2030 trailing a CAGR of 25.9% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.7% and 18.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 17.2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$10.3 Billion by the year 2030.
Select Competitors (Total 88 Featured) -
- Arista Networks Inc.
- Ciena Corporation
- Cisco Systems Inc.
- Citrix Systems Inc.
- CloudGenix Inc.
- DataCore Software
- Dell Technologies Inc.
- Extreme Networks Inc.
- Fortinet Inc.
- Fujitsu Limited
- HiveIO Inc.
- Hewlett Packard Enterprise Company
- Huawei Technologies Co., Ltd.
- Infovista
- Juniper Networks Inc.
- Lenovo Group Limited
- NEC Corporation
- Nokia Corporation
- Nvidia Networking
- Oracle Corporation
- Pica8 Inc.
- Pluribus Networks Inc.
- VMware Inc.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Report Metrics:
| Report Attribute | Details |
| No. of Pages | 829 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $18.5 Billion |
| Forecasted Market Value (USD) by 2030 | $75.6 Billion |
| Compound Annual Growth Rate | 19.2% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- An Introduction to Software-Defined Networking (SDN)
- Global Software-Defined Networking Market: Outlook
- Confluence of Favorable Trends Spur Adoption of Software Defined Networking
- Industry Vertical: IT & Telecom Emerges as the Largest Market
- World Software-Defined Networking Market by Industry Vertical (2020 & 2027): Percentage Breakdown of Revenues for IT & Telecom, BFSI, Defense, Healthcare, Consumer Goods, and Other Verticals
- Regional Analysis
- World Software-Defined Networking Market (2020 & 2027): Percentage Breakdown of Revenues for Developed and Developing Regions
- World Software-Defined Networking Market - Geographic Regions Ranked by Value CAGR for 2020-2027: China, Asia-Pacific, Latin America, Middle East, Canada, USA, Europe, Japan, and Africa
- Competitive Landscape
- Recent Market Activity
- Software-Defined Networking - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Connected Enterprise, Workforce Mobility & BYOD Era Highlights the Significance of SDN
- Growing Enterprise Spending on BYOD Programs to Benefit Use of SDN: Global Spending on BYOD (in US$ Billion) for the Years 2019, 2021, 2023 and 2025
- Global Shipments of Smartphones (in Million Units) for the Years 2011 through 2019
- Rising BYOD Adoption to Drive Robust Growth in SDN Market
- Key Factors Encouraging BYOD Trend among Enterprises Ranked by Importance Attached by Enterprises
- SDN Presents Agile, Secure Networking Architecture to Integrate Emerging Technologies into Manufacturing & Supply Chain Operations
- Opportunity Indicators
- Global Number of IoT Connected Devices (In Billion) for the Years 2016, 2018, 2020, 2022 & 2025
- Global IoT Spending: Percentage Breakdown by Industry Vertical for the Years 2018 and 2022
- Proliferation of Cloud Computing Fosters Growth in SDN Market
- Significance of SDN for Cloud Native Applications
- Evolution of SDN from Cloud Computing to WAN
- Key Benefits Driving Adoption of Cloud Services of Large, Medium and Small Businesses
- Rise of Cloud Data Centers: A High Growth Opportunity for SDN Market
- Growing Spending on Public Cloud Services Coupled With Technology Improvements in the Quality of Cloud Hosted Services Drive the SDN Market: Global Public Cloud Computing Market (in US$ Billion) by Service Type for the Years 2019 and 2022
- Global Data Center IP Traffic Breakdown (in %) by Cloud and Traditional Data Centers for the Years 2017, 2019 and 2021
- SD-WAN Emerges as Disruptive Technology with Remarkable Incursion in Enterprises
- Integration of 5G and SD-WAN
- Security Concerns in SDN and Overcoming Issues in Current SD-WANs
- NFV and SDN Present Compelling Pair to Transform Network Management
- Integration Complexities with Third-Party VNFs
- New Tools Required for Organizations to Reap Full Benefits of SDN Investments
- Convergence of NFV and SDN Technologies
- Key NFV/SDN Deployment Challenges
- Lack of Strong Business Cases
- Lack of Capabilities Required for Operationalizing NFV/SDN
- Orchestration Issues
- Privacy and Security Issues
- Lack of Standards
- Organizational Issues
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/gxeuph-defined?w=12
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