Software Defined Networking (SDN) Market Size, Share, Development, Growth and Demand Forecast to 2020
Software defined networking (SDN) bids the potential for cost saving opportunity in networking, as it increases the capability to generate new services and application. It also facilitates virtualization in networking, which can minimize the current network operating costs and requirement capacity could be reduced. Moreover, it allows enterprise IT to roll out its services more rapidly, as it renovates from a cost center, into an enterprise level service provider.
The data center consolidation and server virtualization, in order to optimize networks by software control, and reduce dependence on precise hardware configurations and vendors, increasing need for mobility, and upsurge in the cloud services, are some of the predominant drivers for the growth of the software defined networking market.
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Based on the solution provided by software defined network, the global software define networking market can be broadly segmented, as security technologies, SDN application platform and controller, switches, software-defined storage (SDS) platforms, and routers. On the basis of various services provided by software defined networking, the market can be segmented as consulting and integration, network security and analytics, support and maintenance, and other professional services. Based on the size of the organization, the Global Software Defined Networking Market can be broadly classified, as small size organization, medium size organization, and large size organization.
Based on the end users, the software defined networking market can be broadly classified, as cloud service providers, enterprises, and telecommunication service providers. On the basis of various industry verticals, the global software defined networking market can be bifurcated, as academia and research, banking, consumer goods and retail, financial services and insurance (BFSI), manufacturing, government and defense, telecommunication and information technology, manufacturing and others.
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North America was the largest software defined networking market in 2014. The market dominance of the North America is attributed, to the wide adoption of the advance networking infrastructure in the U.S. and Canada. Asia-Pacific has witnessed the highest growth in the past few years. The high growth of SDN in the region is due to the ongoing up gradation of networking infrastructure, in countries such as India and China. With increasing cost competence in IT and telecommunication sectors, the market is expected to grow at healthy pace, during the forecast period.
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