According to a Future Market Insights analysis report, the global market for software-defined networking had sales of US$16 billion in 2021. The market is anticipated to increase by 17.2% between 2022 and 2032, reaching a US$ 95 Bn valuation by that year. The greatest revenue-generating segment is anticipated to be SDN through Overlay, which is anticipated to expand at a CAGR of about 17.8% between 2022 and 2032.
The market value of the Software-Defined Networking Market increased historically from 2015 to 2021 at a CAGR of over 19.8%, according to research by Future Market Insights, a supplier of market research and competitive intelligence.What Motivates the Demand for Software-Defined Networking?
Better service provisioning results from simplification and automation of network administration. CSPs are setting up their networks to take advantage of the greater agility, visibility, flexibility, and cost-efficiency that come with a virtualized network infrastructure. To lower overall CAPEX and OPEX costs and effectively compete in the data-driven digitalization, which is being increasingly dominated and controlled by Over-the-Top (OTT) companies, CSPs are being compelled to invest in software-defined networking solutions.
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Competitive Analysis
Network Equipment Providers (NEPs), network operators, corporations, and end users are key actors in the SDN value chain. Among the NEPs, the key players include
- Alcatel-Lucent,
- Cisco,
- NEC,
- IBM,
- VMware, and
- Juniper Networks.
They create SDN controller functions as well as simulated switches and routers. They provide a comprehensive variety of technologies and turnkey services that will be critical in driving SDN into conventional data centre applications.
As new SDN entrants emerge and dominate the legacy networking system, SDN technology is exposed to a long-term challenge to incumbent hardware-based networking equipment providers. Furthermore, market rivalry and increasing network complexity have increased demand for network robustness, network efficiency, and cloud services.
From 2015 to 2021, software-defined networking market revenue In contrast to the Demand Outlook for 2022 to 2032
The market value of the Software-Defined Networking Market increased historically from 2015 to 2021 at a CAGR of over 19.8%, according to research by Future Market Insights, a supplier of market research and competitive intelligence.
Over the past ten years, there has been a huge increase in the size and complexity of network infrastructures, which has increased the need for solutions that can efficiently and simply manage the whole network. These problems are directly addressed by software-defined networking solutions, which give the network administrator more control over traffic management to increase network effectiveness. For end-to-end network and service administration, a significant portion of Communication Service Providers (CSPs) worldwide are investing in software-defined networking solutions.
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Software-Defined Networking Market Segmentation
By SDN Type:
- Open SDN
- SDN via API
- SDN via Overlay
By End-User:
- Service Providers
- Enterprises
By Organization Size:
- Small & Medium Enterprises
- Large Enterprises
By Application:
- BFSI
- ITeS
- Education
- Retail
- Manufacturing
- Government & defence
- Healthcare
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Summary of Statistics
1.3. Key Market Characteristics & Attributes
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage
2.2. Market Definition
3. Market Risks and Trends Assessment
3.1. Risk Assessment
3.1.1. COVID-19 Crisis and Impact on Market
3.1.2. COVID-19 Impact Benchmark with Previous Crisis
3.1.3. Impact on Market Value (US$ Mn)
3.1.4. Assessment by Key Countries
3.1.5. Assessment by Key Market Segments
3.1.6. Action Points and Recommendation for Suppliers
3.2. Key Trends Impacting the Market
3.3. Formulation and Product Development Trends
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