The global market for Software Defined Networking
(SDN) is expected to reach USD 4,909.8 million by 2020, according to a new
study by Grand View Research, Inc. Increasing demand for mobility and
proliferation of mobile devices is expected to fuel the market over the next
six years. Grand View Research also observes that the need to implement cloud
computing services in an effective manner is expected to positively impact the
industry on a global level.
By providing a software interface and easier
management of network services, software defined network aids in establishment
of efficient network infrastructure. Lack of standardization in implementation
of SDN and difficulty in migration from legacy systems are expected to restrain
market growth to a certain extent over the forecast period. The growing trend
of BYOD (Bring Your Own Device) in organizations is expected to serve as an
opportunity for market participants.
View
summary of this report @ http://www.grandviewresearch.com/industry-analysis/software-defined-networking-sdn-market-analysis
Further key findings from the study
suggest:
- Enterprises were the largest end user segment in 2013, and accounted for over 40% of the overall market share. Telecommunications service providers are expected to be the fastest growing end user segment, with an estimated CAGR of 45.6% from 2014 to 2020. In terms of SDN solutions, cloud virtualization applications are expected to be the largest and fastest growing segment; they accounted for over 30% of the overall market share in 2013.
- North America is expected to remain the largest market over the forecast period as a result of high penetration of mobile devices and need for enhanced network infrastructure in the region. Asia Pacific is expected to be the fastest growing market, at an estimated CAGR of 47.7% from 2014 to 2020.
- The global SDN market consists of a large number of players vying to provide end-to-end solutions. Mergers and acquisitions to consolidate market share and offer hardware, software as well as services are frequent in the industry as key strategic initiatives. Major industry participants in the market include Cisco, IBM, VMware, HP, Alcatel-Lucent, NEC, and Juniper Networks among others.
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this category @ http://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
For the purpose of this study, Grand View Research
has segmented the SDN market on the basis of end users, solutions, and region:
SDN End Users
Outlook (Revenue, USD Million, 2012 – 2020)
•
Enterprises
•
Cloud service providers
•
Telecommunications service providers
SDN Solutions
Outlook (Revenue, USD Million, 2012 – 2020)
•
Switching
•
Controllers
•
Cloud virtualization applications
• Others
SDN Regional
Outlook (Revenue, USD Million, 2012 – 2020)
•
North America
•
Europe
•
Asia Pacific
•
RoW
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, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
Contact:
Sherry
James
Corporate
Sales Specialist, U.S.A.
Grand
View Research, Inc.
United
States
Phone: 1-415-349-0058
Toll
Free: 1-888-202-9519
Email: sales@grandviewresearch.com
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