The North America Software Defined Networking (SDN) Market is Estimated to Reach $1,465.4 Million by 2019 - A Report by MicroMarket Monitor

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The North America Software Defined Networking (SDN) Market is Estimate to reach $1,465.4 million by 2019, at a CAGR of 55.40% between 2014 and 2019. http://www.micromarketmonitor.com/market/north-america-software-defined-network-sdn-9065162554.html

MicroMarket Monitor

MicroMarket Monitor

Key players in the North America Software Defined Networking (SDN) Market include companies such as IBM, Intel, Google, F5 Networks, Juniper Networks, Microsoft, Samsung, and Yahoo.

The report ‘North America Software Defined Networking (SDN) Market (2014-2019)’ defines and segments the SDN market into various sub-segments with an in-depth analysis and forecast of revenue. The report also identifies the driving and restraining factors for this market, current and upcoming opportunities, as well as the technology road-map and adoption trends.

Browse through the TOC of North America Software Defined Networking (SDN) Market for an analysis of industry trends and segments, with the help of various tables and figures.
http://www.micromarketmonitor.com/market/north-america-software-defined-network-sdn-9065162554.html

Today’s SDN solutions address the challenges of network programmability, agility, flexibility and centralized control of entire network. SDN finds extensive applications in various verticals, such as Banking, Financial Services and Insurance (BFSI), Healthcare, Education, Government, Energy, and others.

The task of configuring Enterprise networks to suit the requirements of critical business applications is time consuming and expensive, and thus involves a high operational expenditure. SDN simplifies this task by reducing the time and cost involved in the setup and deployment to a significant extent.

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The North America Software Defined Networking (SDN) market is segmented on the basis of solution, end-users, and countries.

On the basis of solutions, the market is segmented into switches, controllers, cloud virtualization applications, and network virtualization security. On the basis of end-users, the market is segmented into telecommunication providers, cloud service providers, and enterprises. On the basis of countries, the market is segmented into the U.S., Canada, and Mexico.

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The driving factors for SDN market are growing need for mobility, need for new architecture, increasing penetration of cloud-based services, and varying traffic patterns and network management of large networks, along with the network management of geographically spread assets. Challenges for the SDN market include the extensive use of traditional networking management technology and lack of industry standards for SDN. In addition to this, the SDN solution is still in a developing stage, and thus may have many software glitches which could raise security issues upon deploying of SDN solution.

Related Report:

Europe Software Defined Networking (SDN) Market

The European software defined networking market is estimated to grow from $39.4 million in 2013 to $742.4 million by 2019, at a CAGR of 64.6%, for the given period. The market is primarily driven by the need of the data centers to resolve traffic patterns, and for the enterprise software market to grow.

http://www.micromarketmonitor.com/market/europe-software-defined-network-sdn-6310562654.html

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