North America Software Defined Networking (SDN) market is Expected to Reach $938.22 Billion in 2019 - A Report by MicroMarket Monitor
(PRWEB) February 17, 2015 -- The advent of critical business applications and innovative services on the network, coupled with the increasing dependence of enterprises on network infrastructure has created a need for better definitions of networks. Software-Defined Networking (SDN) helps enterprises to separate the control plane from the forwarding plane, thereby enabling better control of the network, increased programmability options, and better agility and flexibility; these advantages together lead to the reduction of capital and operating expenditures on the network.
Browse through the TOC of North America Software Defined Networking (SDN) market for an analysis of industry trends, segments & forecasts.
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The advancements in the work being performed on the network, such as running critical business applications and new services, has led to bottle-necking of the networks, thereby leading to an increase in the time taken for delivery of content. To avoid this problem of bottle-necking and to have rapid delivery of content across the entire network across the world has created a high-potential market for SDN solutions. The SDN market has already witnessed a gain in momentum in the form of advancements of technology, ranging from Ethernet-based interconnectivity options to optics-based interconnectivity between the switches. SDN products find huge potential across various verticals such as Banking, Financial Services, & Insurance (BFSI), government, academia, and IT & telecom, among others.
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The major players in the North American SDN market include Cisco Systems, Hewlett-Packard, Juniper Network, IBM, and Plexxi, Inc. These companies are offered with immense growth potential in the SDN market, owing to the evolving business applications and services running through networks.
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This report segments the SDN market into three different categories, in terms of solution, end-user, and geography. The SDN market, on the basis of solution, can be divided into switches, controllers, cloud virtualization applications, and network virtualization security. SDN market has been categorized into telecommunication providers, cloud service providers, and enterprises, in terms of end-users of the market. The major countries that have been considered for the comprehensive analysis of the North American market are the U.S., Canada, and Mexico.
Related Report:
Europe Software Defined Networking (SDN)
Software defined 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, improves agility of network, organizes and manages the network centrally. Software defined networking proposes cost-effective approach to lower down the operation costs, thereby reducing the latency and efficient performance of network traffic management.
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