Software Defined Networking Market (SDN) Will Reach USD 3.52 Billion in 2018: Transparency Market Research
Albany, New York (PRWEB) September 26, 2013 -- Transparency Market Research published new market report “Software Defined Networking (SDN) Market -Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2012 – 2018,” the global SDN market is expected to reach USD 3.52 billion by 2018, growing at a CAGR of 61.5% from 2012 to 2018.
The global SDN market is primarily driven by factors such as increasing need for efficient infrastructure and mobility. The increasing demand for cloud services is also bolstering the growth of this market. Nowadays, many organizations are storing, computing, and networking through cloud-based infrastructure. They are doing this for more agility, flexibility, manageability, and programmability in their network infrastructure. The growing adoption of BYOD (Bring Your Own Device) policy within an organization serves as an opportunity for this market.
Browse full report with complete TOC at http://www.transparencymarketresearch.com/software-defined-networking-sdn-market.html .
Of the three major end users, enterprises held more than 35% of the entire SDN market in 2012, due to the increasing need for agility, cost efficiency, and flexibility in the network infrastructure. The cloud service providers are expected to be the fastest growing end user segment in the coming years. The reason behind this is that, SDN technology helps cloud service providers in reducing their OPEX (Operating Expenses) and CAPEX (Capital Expenditure) and also helps them in delivering new services for revenue growth.
In terms of solutions, cloud provisioning and orchestration dominates the global SDN market. It is also expected to be the fastest growing solution as it helps to design, optimize, secure, and monitor the network. SDN switching held the second largest revenue share of the SDN market in 2012. SDN switching is the first layer of SDN network infrastructure, and is growing due to the increasing demand from new entrants who want to set up SDN technology in their organization.
North America is the biggest consumer of SDN technology owing to high degree of standardization coupled with favorable regulatory initiatives. Asia Pacific is expected to be the fastest growing region during forecast period, fueled by the increasing adoption of BYOD Transparency Market Research(Bring Your own Device) policy in China, India, and Australia.
The SDN industry is fragmented in nature, with presence of multiple players across different categories including hardware providers, software developers and service providers. Leading players in the global SDN industry include names such as Cisco, IBM, NEC, Juniper Networks among others. Other key players in the market include Alcatel-Lucent, VMware, HP, Google, Big Switch Networks, Arista Networks, Brocade Communications Systems, Verizon Communications, Intel Corporation and others.
The global SDN market is primarily driven by the increasing need for mobility and efficient network infrastructure. The increasing demand for cloud services is also supporting the growth of the global SDN market. Some of the factors inhibiting the growth of this market are lack of standardization and awareness among buyer. Rapid technological advancements in network and the increasing BYOD (Bring Your Own Device) adoption serve as an opportunity, fuelling the growth of this market.
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This study provides in depth analysis, market estimates, market shares and forecast covering the period 2012 – 2018 for the SDN market across the globe. The market is segmented on the basis of end users into enterprises, cloud service providers, and telecommunications service providers. Different solutions considered include SDN switching, SDN controllers, cloud provisioning and orchestration and others which include security and services. The market is also segmented by geography into North America, Europe, Asia Pacific, and Rest of the World regions. Market estimates and forecast are made after critical analysis of various trends and demographic and economic factors which affect the market growth.
The report provides a strategic and competitive analysis of the global SDN market, and the growth forecast for the period 2012 to 2018. This report studies and forecasts the global SDN market from 2012 to 2018 in terms of revenue (USD million). It also examines the drivers and restraints expected to affect industry growth along with their expected impact over the forecast period. In addition, it explores potential opportunities that are estimated to increase profitability of market participants such as Cisco, IBM, NEC, Juniper Networks among others.
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Sheela AK, Transparency Market Research, http://www.transparencymarketresearch.com, +1 518-618-1030, [email protected]
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