ReportsnReports.com adds report Global Software-defined Networking Market 2014-2018to its store.Global Software-defined Networking market to grow at a CAGR of 62.3 percent over the period 2013-2018. One of the key factors contributing to this market growth is the acceleration of cloud computing. The Global Software-defined Networking market has also been witnessing the increasing divestments from traditional networking solutions. However, the technological complexities could pose a challenge to the growth of this market.
Open Networking Foundation was founded by Deutsche Telekom AG, Facebook Inc., Google Inc., Microsoft Corp., Verizon Communications Inc., and Yahoo! Inc. in 2011. It is a non-profit consortium aimed at improving network standards through SDN and the standardization of critical elements of the SDN architecture including OpenFlow protocol. Several business technological events are conducted across the globe where people from large companies participate to discuss and promote future technologies. One such event was Interop, Tokyo, which took place in June 2012. Close to 30 companies participated in the Open Networking Foundation meeting during the event and also highlighted OpenFlow in their standalone booths.
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According to the report, one of the main drivers is the high growth of big data. In the current business environment, every organization, irrespective of its size, stores a considerably large amount of data. The importance of a big data solution increases with the growth of the business. It helps organizations record the growth of their business over a specific period, which indicates the speed at which the business is developing. It also helps organizations analyze this stored data for future reference. SDN assists in the management of this type of data. It offers a well-defined programmatic interface for software intelligence to program customizable, scalable, and flexible networks.
Further, the report states that SDN is currently in its early adoption stages and pilot testing phases. Many vendors are still running their beta projects on the technology and others are planning to enter the market in the near future. Many enterprises are waiting to see the initial testing results, and the number of technological deployments is still relatively low. A large number of customers are yet to be educated about technologies such as OpenFlow as many potential stakeholders of the ecosystem including service providers and value-added resellers are not fully aware of the technological advancements. Thus, this makes it more difficult for customers that intend to implement OpenFlow to search for appropriate resources and assistance.Global Software-defined Networking Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Software-defined Networking market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this space are Cisco Systems Inc., Brocade Communications Systems Inc., Hewlett-Packard Co., NEC Corp., and Juniper Networks Inc.
Other companies mentioned in the report are 6Wind SA, Arista Networks Inc., AT&T Inc., Big Switch Networks Inc., Broadcom Corp., Citrix System Inc., Extreme Networks Inc., Huawei Technologies Co. Ltd., International Business Machines Corp., IP Infusion Inc., LineRate Systems (Acquired by F5 Networks, Inc.), Metaswitch Network, Netgear Inc., Netronome Systems Inc., Nicira Networks Inc., Pica8 Inc., Plexxi Inc., and VMware Inc.
Key questions answered in this report:
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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