North America Software Define Networking (SDN) Market is Expected to Reach $1,443.8 million in 2019 - New Report by MicroMarket Monitor
(PRWEB) September 04, 2014 -- The North America Software Defined Networking report defines and segments the software defined networking (SDN) solutions market in North America with analysis and forecast of revenue. This market is estimated to grow from around $159.3 million in 2014 to $1,443.8 million by 2019, at a CAGR of 55.4% from 2014 to 2019.
Browse through the TOC of the North America Software Defined Networking Market report to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentation in the market, and is supported by various tables and figures.
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North America is the major market for SDN solutions, wherein the U.S. holds the maximum share. As of 2014, the country contributed a major share of around 81.05% to the market in this region. Enhanced SDN solutions are in demand to increase the speed and agility of networks with real-time resource allocation. North America will dominate the SDN solutions market and will expect growth in cloud storage and virtualization.
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This market is segmented and forecasted on the basis of SDN solutions, such as SDN switching, SDN controllers, cloud virtualization applications, and network virtualization security. The market is further segmented and forecasted on the basis of major countries, such as the U.S., Canada, and others.
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This report also includes the market share, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in the market including major companies which provide software defined networking solutions.
Related Reports:
Europe Software Define Networking (SDN) Market
The European software define networking market is estimated to grow from $60.6 million in 2014 to $731.40 million by 2019, at a CAGR of 64.6% from 2014 to 2019. The market is primarily driven by the need of the data centers to resolve their traffic patterns, and the growing enterprise software market.
Software define networking is an advanced way of networking in which the de-couple action takes place between network and physical hardware, and later, network is handled by a software application called ‘Controller’. This way, it is easy to remove the limitation of networks due to infrastructure. SDN improves the network in terms of programmability of networks, improve agility of network, organize, and manage the network centrally. Software define networking proposes cost-effective approach to lower down the operation costs, thereby reducing the latency and performing efficient network traffic management.
Software define networking in Europe is growing because growth in LTE/4G networks by telecom operators, such as Spirent, and the plan to implement 4G services throughout the region in 2014. SDN is seen as an option to change network infrastructure within a short time span to support the high bandwidth requirements of the network. Telecom operators are eyeing SDN solutions to increase the deployment options for LTE/4G networks.
The report provides a competitive benchmarking of the leading players in this market such as Cisco Systems, Inc., Hewlett-Packard, Juniper Networks, Plexxi, and Alcatel-Lucent. The report gives the financial analysis, which includes CAGR and market share of the different region, vendors, overall adoption scenario, competitive landscape, key drivers, restraints, and opportunities in the market.
http://www.micromarketmonitor.com/market/europe-software-defined-network-sdn-6310562654.html
Asia-Pacific Software Define Networking (SDN) Market
The Asia-Pacific software define networking market is estimated to grow from $57.8 million in 2014 to $1,301 million by 2019, at a CAGR of 86.4% from 2014 to 2019. The market is primarily driven by the increasing market transaction in mobile wireless and backhaul networks so as to reduce the backhaul funding gap.
Software define networking is an advanced way of networking in which the de-couple action takes place between network and physical hardware, and later, network is handled by a software application called ‘Controller’. This way, it is easy to remove the limitation of networks due to infrastructure. SDN improves the network in terms of programmability of networks, improve agility of network, organize, and manage the network centrally. Software define networking proposes cost-effective approach to lower down the operation costs, thereby reducing the latency and performing efficient network traffic management.
The software define networking market in the Asia-Pacific region is characterized by the rollout of new, faster, and innovative services, which however costs a huge investment for telecom operators on their backhaul operations. Continuous increase in the number of subscribers and data transverse over the network has created a need for effective management of the network to enable the maximum utilization of the network. Moreover, SDN helps to reduce backhaul funding gap.
http://www.micromarketmonitor.com/market/asia-pacific-software-defined-network-sdn-6523094631.html
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