Software Defined Networking Market Analysis and Opportunity Assessment Up To 2025Posted by Arianna Huffington on October 7th, 2022 The Software Defined Networking (SDN) market was estimated to be US$ 1.62 Bn in 2015 and is forecasted to reach US$ 23.95 Bn by 2025. Over the years, standard of living of people across the globe has transformed dramatically, urbanization has increased by multiple folds which has subsequently generated massive growth in the telecom & IT industry. One of the other factor contributing to the growth in telecom industry is expansion in mobile communication networks. The mobile traffic presently has increased exponentially with rapidly increasing adoption of the smart phones. With continuous advancements in the IT and Telecom industry the demand for more efficient and robust networks has also increased, thus the Software Defined Networking is foreseen as the upcoming trend in the Telecom & IT industry. Recently Telecom giants like AT&T and Orange have claimed their association and initiative for adopting Software Defined Networking or Network Function Virtualization into their systems. Both the companies coincidently at the same time announced the launch of their software defined networking implementation. While AT&T collaborated with Colt for its Domain 2.0, Orange launched the Easy Go Network, which is a fully virtualized network. These initiatives are aimed to facilitate the businesses foreshadow and address their digital requirements quick and within budget. Global Software Defined Networking market has been segmented based upon solutions, end-users and industry verticals. The solutions segment is further categorized into physical infrastructure, virtualization/control software, SDN applications, and professional services. The SDN applications among the solutions segment is expected to grow at the fastest growth rate owing to the rapid increase in the adoption of network virtualization solutions. The end-user segment is further divided into cloud service providers, enterprises and telecommunication service providers. Looking at the massive growth in the cloud technology, it is further projected to fuel the growth for the cloud service providers. SDN market by industry vertical is segmented into Banking, Financial Services and Insurance (BFSI), telecommunication & IT, consumer goods and retail, government and defense, manufacturing, research and academia, and others. Nearly all the industry verticals are progressively demanding software defined networking capabilities that improve the business operations and productivity while limiting security risks. Some of the major players influencing software defined networking market are Cisco, Inc., Huawei, Inc., IBM Corporation, Hewlett Packard Enterprise, Juniper Networks, VMware Inc., Cumulus Networks, NEC Inc., Broadcom Ltd., and Brocade Communication Systems among others. The proliferation of cloud based services and cloud computing have become one of the most influencing trend in the biosphere of enterprise IT. Presently, enterprises are adopting multi cloud strategies at a large-scale, which further implements that private and hybrid cloud computing will be brimming in the years to come. The widespread trend of cloud computing has also evolved cloud based storage, which delivers high durability and availability to its users. Significant growth in big data has also largely contributed to the increase in cloud computing deployments. Introduction of cloud computing to the market bought along with it automation of the procedures for provisioning of the latest Virtual Machines, that gave control to the administration or end-user or developer. These automation further evolved software defined networking, in order to virtualize the networking operations. The software defined networking are capable of being defined into a software rather than a manually configured and time consuming complicated network. The software defined networking is a budding market and has gain noteworthy popularity among the industry within a very short span of time, due to its potential to enhance the business processes and significantly reduce the CAPEX and OPEX by saving energy and overhead cost of resources. North America being the global technology leader has the major software defined networking deployment projects going on. All the leading telecom and multination IT organizations are the major adopters of this technology. However APAC is anticipated to be the fastest growing, owing to the tremendous growth of IT industry in china, India, Singapore, and Japan. About Us: “The Insight Partners” is a one-stop solution for all industrial research requirements. We help our clients get quick solutions pertaining to the market scenario and requirements based on our state-of-the-art research methodology. We excel at providing research-based reports across a wide range of sectors and industries such as Semiconductors & Electronics, Aerospace & Defence, Automotive & Transportation, Biotechnology, Healthcare, IT, Manufacturing & Construction, Medical Device Technology, Media & Telecommunications, and Chemicals & Materials. We keep our research pattern lucid to understand. Serving the best to our customers is our foremost priority. Our research reports time and again have proved to be worthy of the client’s money providing the most suitable data and market analysis. 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