The scalable software defined networking market size was valued at USD 12.61 billion in 2020 and is anticipated to expand at significant CAGR during forecast period 2021–2028. Growth of the market is attributed to increasing number of mobile devices & server visualization and advancement in cloud computing technologies.
The software defined networking (SDN) is a network infrastructure approach. This assists end-users to manage the whole network consistently. SDN permits network programming behavior in a centrally controlled manner through APIs. By allowing conventionally closed network platforms and applying a common SDN control layer.
Corporations are adopting solutions offered by scalable software defined networking to manage operation in enterprises during Covid-19 pandemic to perform remotely daily operations. Many enterprises across the globe adopted work from home model, due to this fact the demand for scalable software defined networking market is projected to rise during the forecast period.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing demand for cloud services is projected to boost the market in the coming years.
- Rapid development in networking infrastructure is the major factor fueling the market in coming years.
- Standardization of network is anticipated to restrict the market growth.
- Lack of awareness is projected to hamper the market growth.
- R&D investment and technological advancement in scalable software defined networking is projected to create lucrative opportunities for the market players.
Scope of Scalable Software Defined Networking Market Report
The report on the scalable software defined networking market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Scalable Software Defined Networking Market–Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018-2019
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Forecast Period
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2021-2028
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Segmentation
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Use Cases (EPC, Radio Access Networks, IMS Virtualization, Mobile Core, and OSS BSS), Solutions (Cloud Provision, SDN Switching, and SDN Controllers), Industry Verticals (Manufacturing, BFSI, Academia & Research, and Government & Defense), End-users (Telecommunications Service Providers, Cloud Service Providers, and Enterprises)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East and Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players covered in the Report
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IBM Corp.; Arista Network; Plexxi Inc.; Pluribus Network; AT&T Inc.; Intel Corp.; Cisco Systems Inc.; Big Switch Network; HPE; NEC Corp.; and Huawei Technologies Co. Ltd.
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Scalable Software Defined Networking Market Segment Insights
The radio access networks segment accounts for key share of the market
Based on use cases, the scalable software defined networking market is divided into EPC, radio access networks, IMS virtualization, mobile core, and OSS BSS. The radio access network segment accounts for a key share of the market. Growth of the market is attributed to increasing adoption of BYOD and rapid technological advancement in scalable software. However, the IMS virtualization segment is anticipated to expand at a rapid pace during the forecast period due to factors such as increasing demand for software defined network for mobility and increasing networking demand.
The SDN switching segment accounts for a significant share of the market
Based on solutions, the market is categorized into cloud provision, SDN switching, and SDN controllers. The SDN switching segment accounts for a key share of the market. Growth of the market is attributed to increasing number of IOT devices and high industrialization. However, the cloud provision segment is anticipated to expand at a rapid pace during the forecast period due to factors such as high investment costs related to infrastructure deployment and rising demand for maintaining optimum operations.
The BFSI segment accounts for a major share of the market
Based on industry verticals, the scalable software defined networking market is segregated into manufacturing, BFSI, academia & research, and government & defense. The BFSI segment accounts for a major share of the market. Growth of the market is attributed to evolving business services & applications and rapid adoption of networking regulations & favorable standards. The academia & research segment is anticipated to expand at a rapid pace during the forecast period due to factors such as increasing services running through networks and rising penetration of modern technologies.
The cloud service providers segment accounts for a significant share of the market
On the basis of end-users, the market is segmented into telecommunications service providers, cloud service providers, and enterprises. The cloud services providers segment accounts for a significant share of the market. Growth of the market is attributed to government organization in several countries are encouraging adoption of digital technologies and rising demand for maintaining optimum operations. The telecommunications service providers segment is projected to expand at a rapid pace during the forecast period due to factors such as increasing adoption of network marketing in developed & developing economies and rising acceptance of technology such as 5G & cloud.
North America is estimated to hold a major market share
On the basis of regions, the scalable software defined networking market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East and Africa. The market of Asia Pacific is anticipated to expand at a high CAGR during the forecast period due to increasing research & development procedures. The market of North America is expected to hold a major market share due to implementation & adoption of new solution on large scales.
Segments
The scalable software defined networking market has been segmented on the basis of
Use Cases
- EPC
- Radio Access Networks
- IMS Virtualization
- Mobile Core
- OSS BSS
Solutions
- Cloud Provision
- SDN Switching
- SDN Controllers
Industry Verticals
- Manufacturing
- BFSI
- Academia & Research
- Government & Defense
End-users
- Telecommunications Service Providers
- Cloud Service Providers
- Enterprises
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East and Africa
Key Players
Competitive Landscape
Key players competing in the scalable software defined networking market include IBM Corp.; Arista Network; Plexxi Inc.; Pluribus Network; AT&T Inc.; Intel Corp.; Cisco Systems Inc.; Big Switch Network; HPE; NEC Corp.; and Huawei Technologies Co. Ltd.
Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and raise their production line of the business in the coming year.
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