San
Francisco, 01 April , Software Defined Networking (SDN) Market Size &
Analysis By End-Use, By Service, By Solution (Physical Network Infrastructure,
Virtualization/Control Software, and SDN Application), By Application, By
Region, And Segment Forecasts, 2018 – 2024.
The global SDN market is estimated to reach USD
70.41 billion by 2024, according to a new report by Grand View Research, Inc.
Software defined networking has witnessed a surge in its popularity in the
recent years and rightly so owing to the myriad benefits it offers over the existing
legacy infrastructure. The SDN solutions provide centralized control and
operational capabilities, which help the network administrators and engineers
to respond quickly and efficiently. The SDN architecture comprises different
tools and techniques, such as the controller, switches forwarding, and
backplanes, among others, that make the systems more agile and flexible.
SDN
acts as a bridge between the applications and routers and switches to relay
information and data between them. As they provide a virtualized view of the
network and storage, the SDN solutions help in deploying applications and
services at a fast pace. The demand for SD solutions is anticipated to be on
the rise as there is a growing necessity for the increasing operability and bandwidth
of the carrier networks for service providers as well as large enterprises. The
increasing data traffic due to increased mobile devices, social media cloud
computing, and even Internet of Things (IoT) is expected to propel the data
traffic in the coming years, which will create a steep demand for enhanced
networks.
The
CapEX and OpEX reduction afforded by the software defined networks, coupled
with the pay-as-you-grow model, is helping the demand growth. The increasing
applicability in the data center infrastructures and campus networks, as well
as the presence of open source automation tools such as OpenStack, will fuel
the market growth in the coming years. SD-WAN and convergence of SDN, NFV, and
OpenFlow are the upcoming trends to watch for that may shape the developing
industry.
Browse More Reports Of This Category By
Grand View Research At: https://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
Grand View Research has
segmented the global software defined networking (SDN) market on the basis of
end use, services, solutions, application, and region:
Software
Defined Networking End Use Outlook (Revenue, USD Million; 2014 - 2024)
·
Enterprise
·
Telecommunication Service
Providers
·
Cloud Services Provides
Software
Defined Networking Services Outlook (Revenue, USD Million; 2014 - 2024)
·
Integration and Deployment
·
Training and Maintenance
·
Managed Services
Software
Defined Networking Solutions Outlook (Revenue, USD Million; 2014 - 2024)
·
Physical Network Infrastructure
·
Virtualization/Control Software
·
SDN Application
Software
Defined Networking Application Outlook (Revenue, USD Million; 2014 - 2024)
·
BFSI
·
IT & Telecom
·
Consumer Goods
·
Government and Defense
·
Healthcare
·
Others
Software
Defined Networking Market Regional Outlook (Revenue, USD Million; 2014 - 2024)
·
North America
o
U.S.
o
Canada
o
Mexico
·
Europe
o
UK
o
Germany
·
Asia Pacific
o
China
o
Japan
o
India
·
Latin America
o
Brazil
·
Middle East & Africa (MEA)
Access Full
Press Release of this Report: https://www.grandviewresearch.com/press-release/global-software-defined-networking-sdn-market
About Grand
View Research
Grand View Research, Inc. is a U.S. based market research
and consulting company, registered in the State of California and headquartered
in San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more
information: www.grandviewresearch.com/
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