Software Defined Networking Market is projected to grow USD 32.7 Bn in 2028, at a CAGR of 19.4%

Market HighlightsAs per MARKET Research Future, the global software-defined networking market is poised to surge at 42.41% CAGR during the review period (2018-2023).

The study offers insights into the leading market players, segmental description as well as regional analysis and presents an assessment of their current market position, which in return will display the future aspects of the market.Top Market Drivers & Key ChallengesThe exponential growth in big data is has been an important part that is moderately driving the adoption of software-defined data centers across the globe in various domains such as IT, retail, BFSI and telecom.Get More Details of Report @ https://www.marketwatch.com/press-release/software-defined-networking-sdn-market-2020-covid-19-impact-analysis-development-strategy-sales-revenue-key-players-regional-trends-and-industry-outlook-2023-2020-06-16As software-defined infrastructure helps in faster implementation of automation processes smoothly in organizations, it has seen a drastic demand over the years, which has surged the market’s growth for the past five years.

With looking it its high rate of acceptance, the global market for software-defined networking is anticipated to expand double-digit in the coming years.At the same time, more factors such as complex network traffic patterns, swelling cloud computing services, the necessity for mobility services, the need for efficient infrastructure, and the advent of big data analytics are influencing the software-defined networking market growth.Key Players:The prominent players in Software Defined Networking Market are – Cisco Systems, Inc. (U.S.), Hewlett Packard Enterprise (U.S.), IBM Corporation (U.S.), Intel Corporation (U.S.), Juniper Networks (U.S.), Intersil (U.S.), VMware, Inc. (U.S.), Big Switch Networks (U.S.), Pica8, Inc. (U.S.), Huawei Technologies Co. Ltd. (China) among others.Global Software Defined Networking (SDN) Market – SegmentationThe MRFR study also includes a comprehensive segmental analysis of the global software-defined networking market, which has been conducted based on component, solution, organization size, end-user, solution, application.In terms of component: Services, hardware components, and software are the segments.

The services segment is forwardly categorized into support & maintenance service, managed service, professional service as well as consulting service, whereas the hardware component segment is also categorized into switched, route and more.

Whereas, the large enterprise segment is estimated to surpass a valuation of USD 35,000 Mn by 2023-end.In terms of the application segment, the market included SD-LAN, security applications, SD-WAN and more.

The SD-WAN segment can also remain highly profitable over some years in the future.

According to a new market research report "Software-Defined Networking Market by Component (SDN Infrastructure, Software, and Services), SDN Type (Open SDN, SDN via Overlay, and SDN via API), End User, Organization Size, Enterprise Vertical, and Region - Global Forecast to 2025", published by MarketsandMarkets™ the Software-Defined Networking Market size expected to grow from $13.7 billion in 2020 to $32.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 19.0% during the forecast period.

The major growth drivers for the market includes investment of CSPs in SDN technology to automate network infrastructure, significant reduction in CAPEX and OPEX, increasing demand for cloud services, data center consolidation, and server virtualization, increase in demand for enterprise mobility to enhance productivity for field-based servicesBrowse in-depth TOC on "Software-Defined Networking Market” 423- Tables 40- Figures  465- PagesDownload PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=655The SDN via API is expected to show the highest growth rate during the forecast periodSDN enables the programming of network behavior in a centrally controlled manner through software applications using open APIs.

The former is used by controllers to push configuration and state to network devices, such as switches and routers, while the latter is used to push information between the controller and other applications.

Several service providers, such as AT and Orange, are working with Metro Ethernet Forum (MEF), a nonprofit international industry consortium dedicated to the adoption of carrier ethernet networks and services, and TM Forum, a nonprofit industry association for service providers and their suppliers in the telecommunications industry, to accelerate efforts to develop a set of standardized APIs for industry-wide use.The consulting professional services  segment is estimated to have a larger market share during the forecast period Consulting services deal with complex inquiries and have numerous clients that demand constant changes in product and service offerings.

These services focus more on offering superior customer services.

Consulting service providers offer services irrespective of the location and time to help clients streamline their business processes with innovative practices to sustain the market competition and efficiently manage employees.North America is expected to hold the largest market size during the forecast periodNorth America is a market with high growth potential in SDN, which is aided by the region’s early and fast adoption of technologies, such as cloud computing, network functions virtualization, mobility services, and Bring Your Own Device (BYOD).

Adroit Market Research launched a study titled, “Global Software Defined Networking Market Size 2017 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 and Forecast 2018 to 2025”.The study covers the global software defined networking market value for a period ranging from 2015 to 2025, where 2015 to 2017 imply the actual annual consumption with forecast between 2018 and 2025.

The global software defined networking market report also includes qualitative insights of the market such as drivers, restrains, value chain, regulatory framework, PESTLE analysis and Porter’s five forces analysis.

The global software defined networking market 2018 gives a holistic view encompassing consumption, import and export for key regions and countries.Click to Continue Reading on https://www.adroitmarketresearch.com/industry-reports/software-defined-networking-marketThe global software defined networking market size is estimated to reach USD 101.23 billion by 2025, owing to the growing demand for dynamic and cost-effective networking solutions.

High capital investments by the telecom carriers across the world have increased the demand for higher operational efficiency in the field of networking technologies.

Among these industry verticals, consumer goods segment is anticipated to grow with the highest CAGR in the forecast period, followed by healthcare and BFSI sector.

SDN holds great promise for healthcare sector as most of the healthcare IT professionals are looking forward to updating hospital networks, protect patient data and supportive innovative medical applications.Geographically, the software defined networking market is segmented into five regions- North America, Asia-Pacific, Europe, Latin America and Middle-East & Africa.

Global Software Defined Networking (SDN) Market is estimated to grow significantly in the years to come owing to its rigorous carrier efforts to adopt modern networking technologies.

This technology is used in several ways by different organizations including cloud computing & data centers, carriers, service providers and enterprise campuses.

However, lack of skilled staff and supremacy & strict security standards are the factors restraining overall market growth in the years to come.

On the basis of components, software defined networking market is divided into solutions and services.

In terms of end user, SDN market is split into cloud service providers, telecommunication service providers, and enterprise.

North America is expected to dominate software defined networking (SDN) market owing to the growing investment by telecom service providers to enhance infrastructure abilities to meet the rising network needs.

The Global Software Defined Networking Market Report, with its deep industry analysis of the market, estimates the market size bifurcated into segments and regions.

The Software Defined Networking market share and growth, trends estimated at the end of 2027 give a fair idea of the new opportunities coming up in the market.

The detailed key player's profile and market share analysis give a better understanding of the competitors and their business strategies.Base Year: 2020Estimated Year: 2021Forecast Till: 2027The report classifies the market into different segments based on type and product.

These segments are studied in detail, incorporating the market estimates and forecasts at regional and country levels.

The segment analysis is helpful in understanding the growth areas and potential opportunities of the market.Get | Download FREE Sample Report of Global Software Defined Networking Market @ https://www.decisiondatabases.com/contact/download-sample-5837A special section is dedicated to the analysis of the impact of the COVID-19 pandemic on the growth of the Software Defined Networking market.

The impact is closely studied in terms of production, import, export, and supply.The report covers the complete competitive landscape of the Worldwide Software Defined Networking market with company profiles of key players such as:Dell Inc.Hewlett-Packard Enterprise CompanyInternational Business Machines CorporationCisco Systems, Inc.Juniper Networks, Inc.NEC CorporationBrocade Communications Systems, Inc.Big Switch Networks, Inc.Extreme Networks, Inc.VMware, Inc.Want to add more Company Profiles to the Report?

The Global Software Defined Networking Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.

The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The report offers a value chain analysis that gives a comprehensive outlook of the software defined networking market.

The attractiveness analysis of v market has also been included so as to evaluate the segments that are anticipated to be profitable during the forecast period.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Software Defined Networking Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/5837-software-defined-networking-market-reportThe report also covers the complete competitive landscape of the global Software Defined Networking market with company profiles of key players such as:Dell Inc.Hewlett-Packard Enterprise CompanyInternational Business Machines CorporationCisco Systems, Inc.Juniper Networks, Inc.NEC CorporationBrocade Communications Systems, Inc.Big Switch Networks, Inc.Extreme Networks, Inc.VMware, Inc.SEGMENTATIONS IN REPORT:Software Defined Networking Market Analysis by Solution:Physical Network InfrastructureVirtualization And Control SoftwareProfessional ServicesSDN Applications & Network ServicesSoftware Defined Networking Market Analysis by End User:Telecommunication Service ProvidersCloud service providersEnterprisesSoftware Defined Networking Market Analysis by Vertical:ITConsumer Goods And RetailBFSIDefenseTelecomHealthcareOthers (Media And Entertainment, Energy And Power, Manufacturing)Software Defined Networking Market Analysis by Geography:North AmericaEuropeAsia PacificRest of the WorldDownload Free Sample Report of Global Software Defined Networking Market @ https://www.decisiondatabases.com/contact/download-sample-5837The Global Software Defined Networking Market has been exhibited in detail in the following chapters –Chapter 1 Software Defined Networking Market PrefaceChapter 2 Executive SummaryChapter 3 Software Defined Networking Industry AnalysisChapter 4 Software Defined Networking Market Value Chain AnalysisChapter 5 Software Defined Networking Market Analysis By ProductChapter 6 Software Defined Networking Market Analysis By TypeChapter 7 Software Defined Networking Market Analysis By ApplicationsChapter 8 Software Defined Networking Market Analysis By GeographyChapter 9 Competitive Landscape Of Software Defined Networking CompaniesChapter 10 Company Profiles Of Software Defined Networking IndustryPurchase the complete Global Software Defined Networking Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-5837Other Reports by DecisionDatabases.com:Global Social Networking Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Low Power Wide Area Network Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Cloud Radio Access Network (C-RAN) Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.

DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.

We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/

Software-Defined Networking (SDN) Market: By Organization Size (SMEs and Large Enterprise), By Component (Hardware Component, Services and Software), By Application (SD-WAN, SD-LAN, Security Applications and Others), By Solution (Physical Network Infrastructure Solution, Network Virtualization and Automation Solution) and By End-User (Retail, IT & Telecommunication, Healthcare, BFSI, Industrial, Government and others) - Global Forecast till 2023OverviewThe global Software Defined Network market is growing with the rapid pace is mainly due to Increasing adoption of software defined networking solutions and services is one major factor fuelling the growth of software defined networking market.

According to a recent study report published by the Market Research Future, The global market of Software Defined Network is booming and expected to gain prominence over the forecast period.

The market is projected to demonstrate a spectacular growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017 – 2023).The global Software Defined Network market is driven due to rapid adoption of Software Defined Network solutions that optimize its networks, are few factors which are propelling the growth of Software Defined Network market to the large extent.

It helps the company in reducing operational costs and also helps in improving overall customer service life cycle.

It helps in overcoming the limitations associated with traditional network infrastructure.Key PlayersCisco Systems, Inc. (U.S.), Hewlett Packard Enterprise (U.S.), IBM Corporation (U.S.), Intel Corporation (U.S.), Juniper Networks (U.S.), Intersil (U.S.), VMware, Inc. (U.S.), Big Switch Networks (U.S.), Pica8, Inc. (U.S.), Huawei Technologies Co. Ltd. (China), Ulak Communications are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Software Defined Network Market.Industry News5 March 2017 - Cisco and IBM announces their new Versa Stack solution that helps organizations to reduce the complexity and automate processes of delivery of applications.

It also includes hybrid cloud capabilities and the latest software defined storage technologies to address cloud-scale applications.December 18, 2015 – NEC Corporation, a global leader of leaders in Software Defined Networking (SDN) and NF, had announced its collaboration with Intel Corporation to develop the Cloud-Radio Access Network solution for virtualizing the functions of mobile base stations.November 17, 2015 – Cisco system Inc. has introduced software and developer tools for cloud-scale networking that enable service providers and web companies to deliver cloud applications.Competitive AnalysisThe market of Software Defined Network appears to be highly competitive.

According to the latest report by IMARC Group, titled, “Software Defined Networking Market Share : Global Industry Trends, Size, Growth, Opportunity and Forecast 2021-2026″,the global software defined networking market grew at a CAGR of around 27% during 2021-2026.Software-defined networking (SDN) refers to a network solution utilized for workflow automation through software-based applications.

It improves the efficiency and agility of networks, enabling the user to manage large volumes of data and network traffic.

The SDN architecture comprises of a controller to centralize physical and virtual environments, a southbound application program interface (API) to transmit data between the controller and the individual, and a northbound API to transfer data between the controller and the application and policy engines.

Compared to conventionally used networking systems, SDN is more cost-effective and offers enhanced flexibility and security over the entire network.As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.Software Defined Networking Market trends:The growing penetration of network infrastructure automation and the escalating adoption of cloud-computing services and big data analytics across several industries are primarily driving the market growth.

Furthermore, with the emerging trend of Bring-Your-Own-Devices (BYOD), various organizations are increasingly utilizing SDN solutions to customize and manage the data accessed by the employee.

Additionally, the extensive investments in the development of open-source SDNs and 5G infrastructures are anticipated to further propel the market for SDN in the coming years.Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/software-defined-networking-market/requestsampleGlobal Software Defined Networking Market 2021-2026 Analysis and Segmentation:Competitive Landscape:Arista Networks Inc., Cisco Systems Inc., Citrix Systems Inc., Cloudgenix Inc. (Palo Alto Networks Inc.), Cumulus Networks Inc. (Nvidia Corporation), Dell Technologies Inc., Extreme Networks Inc., Hewlett-Packard Enterprise Company, International Business Machines Corporation, Juniper Networks Inc., NEC Corporation and Oracle Corporation.The report has segmented the market on the basis of region, component, organization size, application and end use industry.Breakup by Component:SolutionPhysical Network InfrastructureSDN ControllerSDN ApplicationOthersServicesIntegration and DeploymentTraining and ConsultingSupport and MaintenanceBreakup by Organization Size:Small and Medium EnterprisesLarge EnterprisesBreakup by Application:EnterprisesTelecommunication Service ProvidersCloud Service ProvidersBreakup by End Use Industry:BFSIIT and TelecomConsumer GoodsGovernment and DefenseHealthcareOthersBreakup by Region:North America: (United States, Canada)Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)Latin America: (Brazil, Mexico, Others)Middle East and AfricaAsk Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/software-defined-networking-marketIf you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc.