Software Defined Networking Market Synopsis:
Software Defined Networking Market Size Was Valued at USD 25.5 Billion in 2023, and is Projected to Reach USD 129.61 Billion by 2032, Growing at a CAGR of 19.8 % From 2024-2032.
The Software Defined Networking (SDN) Market would concern solutions that could enable managing a network using a different control and forwarding plane. SDN also facilitates the administration of figuring out the network, offers dramatic scalability, and enables a company to adapt to the dynamics of the network.
This is because, cloud services, IoT and the general need for network flexibility have continued to grow which has in turn created market demand for software defined networking. Today, SDN solutions are rapidly transforming traditional network environments by means of service-independent, flexible, and IT-programmable network components. This shift is particularly good for enterprises which require optimizing their performance or reducing cost of operations.
The use of SDN is also driven by the need to implement network virtualization combined with the surge in the use of Hybrid cloud systems. For this reason, organisations have been considering integration of SDN into technologies as a way of coping with increasing number of networks they require. At the same time, the addition of SDN to other progressive technologies like the 5G network and edge computing is promoting the adoption of the technology in various sectors.
Software Defined Networking Market Trend Analysis:
Integration of SDN with AI for Intelligent Network Management
- At the present time, one of the seemingly effective strategies in the SDN market is AI and ML. AI integration in SDN has features like Predictive Analysis, Intelligent Faults Detection and Intelligent traffic flow control. These capabilities enhance the operational efficiency and dependability of a network, as well as reducing lost-opportunity costs and providing operational information necessary for anticipatory actionsSDN is being driven by this trend through femalesmirror ingofclientsidel porting efforts towards sustainable networking frameworks.
Expansion of SDN in Emerging Economies
- By this perception, it can clearly be seen that there is a good market prospect in the emerging economy for SDN. The adoption of the SDN technology in these areas has been informed by the embraced shifting to rapid digitalisation, the increased use smart devices as well as the increasing investment on the said network in Asia Pacific and African region. Pursuit of network modernization? which has become the number one concern for governments and enterprises in developing countries, is SDN vendors’ prime opportunity. On the other hand, increased utilization of 5G networks in these regions is also expected to drive the improvement of SDN solutions.
Software-Defined Networking Market Segment Analysis:
Software Defined Networking Market Is Segmented on The Basis of Component, Network Type, End User, And Region.
By Component, Solution segment is expected to dominate the market during the forecast period
- By solutions, the software defined networking market is poised to be classified as Solution and the Solution segment is expected to continue to hold the largest of share in the market during the estimated period. SDN solutions are also being adopted to achieve network consolidation, reduced use of hardware and control of network expansion. Because of the positive expectations of a number of factors that define organizational processes in the contemporary context, the businesses of the present cannot afford the luxury of not having such refined attributes like traffic automatication, network virtualization and right utilization of the available bandwidth.
By Networking Type, the Open SDN segment is expected to held the largest share
- The Open SDN segment is likely to capture the largest market share because it is open source, inexpensive and non-profit. Open SDN enable organizations to deploy solutions which can be adapted for their particular demands, and also avoid becoming locked into specific vendor. Many information-centric networking strategies are attractive to firms that are adopting flexible and elastic network structures.
Software-Defined Networking Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- North America is seen to be in the forefront in terms of market share for Software Defined Networking Market due to a rise in IT structural deployment and acceptance for new techniques. Of all the countries in the world the US is especially notable in its commitments to technology innovations and is among the most mature cloud computing and network virtualization markets. There is increased demand for SDN solutions by IoT and Edge Computing that are frequently used in the contemporary connected environment.
- The region also has other keyplayers who have also invested in the development to enable the introduction of the advanced SDN solutions. Hence, availability of major cloud service providers and deploying stronger security measures is adopted in North America Region to extend SDN solutions.
Active Key Players in the Software-Defined Networking Market:
- Arista Networks, Inc. (United States)
- Big Switch Networks (United States)
- Broadcom Inc. (United States)
- Ciena Corporation (United States)
- Cisco Systems, Inc. (United States)
- Citrix Systems, Inc. (United States)
- Dell Technologies (United States)
- Extreme Networks, Inc. (United States)
- Hewlett Packard Enterprise (United States)
- Huawei Technologies Co., Ltd. (China)
- IBM Corporation (United States)
- Juniper Networks, Inc. (United States)
- NEC Corporation (Japan)
- Nokia Corporation (Finland)
- VMware, Inc. (United States), Other Active Players
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Software Defined Networking Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 25.5 Billion |
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Forecast Period 2024-32 CAGR: |
19.8 % |
Market Size in 2032: |
USD 129.61 Billion |
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Segments Covered: |
By Component |
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By Networking Type |
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By End User |
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By Region |
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Frequently Asked Questions :
The forecast period in the Software Defined Networking Market research report is 2024-2032.
