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Software Defined Networking (SDN) Market will Grow at a CAGR of 71.36% During the Forecast Period 2017-2023

Software Defined Networking (SDN) Market will Grow at a CAGR of 71.36% During the Forecast Period 2017-2023

October 09
21:20 2018
Software Defined Networking (sdn) Market By Solution (virtualization And Control Software, Physical Network Infrastructure, Sdn Applications & Network Services, Professional Services), End User (cloud Service Providers, Enterprises, Telecommunication Service Providers) And Vertical (bfsi, Defense, Consumer Goods And Retail, Telecom, Healthcare, Other Verticals) – Global Industry Analysis And Forecast To 2023

The Software Defined Networking (SDN) Market was worth USD 0.84 billion in 2014 and is expected to reach approximately USD 107.04 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 71.36% during the forecast period. Software Defined Networking (SDN) technology gives straightforwardness and control to upkeep of complex systems. It helps in beating the impediment related with customary system framework. It isolates the control and information plane and executes a brought together and programmable control over the information systems. SDN assumes a noteworthy part in dealing with the normal systems administration framework in associations by executing redid, virtual, and robotized organize for information movement administration and proficiently overseeing huge information and others. SDN is the best method to oversee enormous information, which creates huge volumes of exceedingly circulated information identified with advertising, activities, generation, and client bolster benefit, which are dissected to empower better basic leadership. Versatile and canny systems can be made with the assistance of SDN to oversee both organized and unstructured information in huge information examination. This innovation has re-imagined the systems administration design by giving an adaptable method to oversee and control complex systems through proficient assets and information activity administration.

Software Defined Networking (sdn) Market report entails key information, vital data and incisive insights in relation with significant market components including market segmentation, market share, key players, regional analysis and more. This report is characterized with comprehensive study carried out by professional analysts with the help of strong methodology, keen interest and analytical approach. The report focuses on examining the global industry with holistic perspective in order to deliver complete panorama of it to readers including stakeholders, suppliers, buyers and others too.

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Drivers & Restrains:
Upsurge in cloud computing administrations among IT associations has powered the development of the product characterized organizing market. SDN permits arrange virtualization through a solitary controller over cloud-based systems administration. It dispenses with setup of individual switches, and other system equipment. As distributed computing administrations has to a great extent been received over all organizations and local divisions for an extensive variety of utilizations, for example, the requirement for most recent rendition of uses, supporting versatility and BYOD administrations for virtualized figuring assets, and others. Along these lines, distributed computing administrations go about as a positive factor affecting the development of the product characterized organizing market.

Market Summary:

  • Software Defined Networking (sdn) Market is anticipated to reach 107.04 billion USD by 2023.
  • Global market for Software Defined Networking (sdn) is most likely to register CAGR of 71.36% owing to market drivers.

Major Players:

The Software Defined Networking (sdn) Market report contains variety of information, insights and statistical data in relevance with key companies operating in the global industry. This includes market share, forecast and more. To name a few of them:

  • Dell Inc.
  • Hewlett-Packard Enterprise Company
  • International Business Machines Corporation
  • Cisco Systems, Inc.
  • Juniper Networks, Inc.
  • Brocade Communications Systems, Inc.

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Market Segmentation:

The Software Defined Networking (sdn) Market report entails key information and noteworthy data in relation with each segment of the industry. The study has segmented the whole market into various categories based on following aspects:

  • Solution
  • End User
  • Vertical
  • Region

Solution based segmentation:

  • Physical Network Infrastructure
  • Virtualization and Control Software
  • Professional Services
  • SDN Applications & Network Services

End user-based segmentation:

  • Telecommunication Service Providers
  • Cloud Service Providers
  • Enterprises

Vertical based segmentation:

  • IT
  • Consumer Goods and Retail
  • BFSI
  • Defense
  • Telecom
  • Healthcare
  • Other Verticals

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Region based segmentation:

North America is expected to dominate the software defined networking (SDN) market over the forecast period. North American nations have embraced new advancements like distributed computing, portability administrations, and system virtualization administrations at beginning time. Mechanical progressions and high rate of industrialization are a portion of the key variables adding to the quick development of the product characterized organizing market in this locale. Asia-Pacific is anticipated to be the quickest developing business sector in the upcoming years.

  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa

The Software Defined Networking (sdn) Market report encompasses remarkable information as well as significant data in relation with major market components in order to thoroughly display it to readers. This may enable readers including leaders, teams, organizations, and others to reach informed decisions within lesser time and lesser effort as well. 

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