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Software Defined Network Market (Type - Open SDI, SDN by API, and SDN Via Overlays; Network Type - WAN, Optical, and Wireless; Application - Security, Cloud, Big Data, and Routing; End User - Enterprise, Government, Cloud Service Providers, Telecommunication Service Providers, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2026

  • Published : May, 2021

  • Rep Id : ICT00235

  • Category : Electronics, ICT and Semiconductors

  • Status : Published

A recent report published by Infinium Global Research on software defined network market provides in-depth analysis of segments and sub-segments in the global as well as regional software defined network market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional software defined network market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global software defined network market. According to the report, the global market for software defined network market was sized near USD 11 billion in 2020 and is expected to reach over USD 30 Billion by 2026 growing with a CAGR of 17.7% over 2020-2026


Software Defined Network Market

 

Market Insight

Software-Defined Networking (SDN) is a dynamic, manageable, cost-effective, and adaptable evolving architecture that makes it suitable for the high-bandwidth, dynamic nature of today's applications. SDN allows the programming of network activity by software applications using open APIs in a centrally managed way. The entire network and its equipment can be handled consistently by operators by applying SDN. The architecture of SDN is directly programmable, agile, centrally managed, programmatically configured, and also features open standards-based and vendor-neutral. SDN is gaining popularity as the networks are being overwhelmed due to increased activity in other areas such as infrastructure, specifically in cloud computing and storage areas. The two main characteristics that define SDN is the decoupling of data and control planes and control plane programmability.

 

Existing network infrastructure is experiencing tremendous pressure as a result of an increase in network traffic. Thus, the importance of network management is growing rapidly. The flexibility provided by SDN to effectively manage the networks and optimize the connectivity required for sales, customer service, and internal communications. The instant deployability of new applications, services, and business models is fuelling the adoption of SDN. The adoption of SDNs leads to a reduction in operational costs of the organization, firm, etc. SDNs also help in managing the security of the network more efficiently and accurately devoid of any loopholes in the network. These things are majorly driving the market. The only restraint the market faces is the low availability of skills required for operating SDNs as this is still an evolving technology. Though this is an evolving technology the awareness regarding it is growing at a rapid pace. Thus, it is expected to provide new opportunities.

 

Geographically North America region is anticipated to be the highest revenue-generating region. The network traffic in this region is growing rapidly. Therefore, digital network management is gaining importance.  This is leading to the growing adoption of the software-based network. Its adoption will help the end-user industries to effectively manage their network system and smooth running of operations. Europe is expected to be the second-largest revenue-generating region as demand for SDN is increasing constantly. Asia-Pacific is projected to be the third-highest revenue-generating region. As there is increased demand from developing nations in this region.

 

Segment Covered

The report on the global software defined network market covers segments such as type, network type, application, and end user. On the basis of type, the sub-markets include open SDI, SDN by API, and SDN via overlays. On the basis of network type, the sub-markets include WAN, optical, and wireless. On the basis of application, the sub-markets include security, cloud, big data, and routing. On the basis of end user, the sub-markets include enterprise, government, cloud service providers, telecommunication service providers, and others.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Cisco Systems, Inc., Dell Technologies Inc., Juniper Networks, Inc., Arista Networks, Inc., IBM Corporation, Fidelity Investments Inc., Huawei Investment & Holding Co., Ltd., Hewlett Packard Enterprise Company, Microsoft Corporation, and Broadcom Inc.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of software defined network market. Moreover, the study highlights current market trends and provides forecast from 2020-2026. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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