Software-Defined Networking Market examination report by Future Market Insights shows that worldwide deals of Software-Defined Networking Market in 2021 was held at US$ 16 Bn. With the projected market development of 17.2% during 2022 – 2032, the market is projected to arrive at a valuation of US$ 95 Bn by 2032. SDN through Overlay is supposed to be the most elevated income producing fragment, projected to develop at a CAGR of around 17.8% during 2022 – 2032.
In this ever changing technological world, there is sharp inclusion of objects that are getting connected on day-to-day basis via public or private network. Traditional networking architecture are slow to response to demand generated by connected objects in a particular network.
That’s where software defined networking (SDN) comes into the picture. Software Defined Networking separates control layer of a particular network from infrastructure and application layer, so that a network operator can easily manage the data flow through a centralized console, without touching switches and routers.
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SDN allows network engineer and operators to response instantaneously to changing business demand. A traditional network generally uses special appliance such as firewall and load balancer, instead SDN usages a software application that usages the controller to manage data plane.
In SDN, software control entire network and its physical devices. It’s about a software is integrated into networking hardware so that hardware can itself take decision about where to send data packets. It makes SDN next generation networking solution. Software Defined Networking usages northbound API to integrate control layer and application layer and uses southbound APIs to programmatically control data plane forwarding decision.
Global Software Defined Networking Market: Drivers and Challenges
Technological advancements in cloud computing and data center are contributing immensely in the growth of global Software Defined Networking market. Some of the big players of the market such as VMware and Cisco are offering separate Software Defined Networking solution for data center.
Software Defined Networking deployment in data center is reducing downtime and increasing productivity of business organizations. In addition to this, increasing data consumption via mobile devices and growth in OTT services are putting enormous pressure on telecom service providers to digitalize their existing 3G and 4G networks.
To meet increasing demand of data consumption, telecommunication service providers are transforming their networks with the help of Software Defined Networkingtechnology.
Though Software Defined Networkingfacilitates network operators to control switches and routers through software but it doesn’t virtualize functions and commands. In other worlds, Software Defined Networkingdoesn’t allow to run the central network in software hardware.
Moreover, enterprises are still reluctant to adopt Software Defined Networkingtechnology to some extent. They have fear that services running on their existing network will get hampered.
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Global Software Defined Networking (SDN) Market: Segmentation
Software defined networking (SDN) Market can be segmented on the basis of component, application, end-user, and region. Component category include software and different types of services such as professional services and managed services. On the basis of application, the market can be segmented into SDN for data center and SD-WAN.
Different type of end-user that are deploying SDN are cloud service providers, telecommunication service providers, and enterprises. Region wise, global software defined networking (SDN) Market can be segmented into North America, Latin America, Asia Pacific, Japan, Eastern Europe, Western Europe, and Middle East & Africa.
Cisco System Inc. Hewlett Packard Enterprise, IBM Corporation, Juniper Networks, Pica8, Inc., Intel Corporation, and Big Switch Networks, Inc. are some of the big players of global software defined networking (SDN) market.
Regional Overview
North America is the largest Software Defined Networking market as most of the Software Defined Networking providers such as Cisco, IBM, and Hewlett Packard Enterprise are based in the North America region and are making huge investment over there. Also, due to the ongoing advancements in 4G and 5G technologies the US, telecommunication service providers are deploying SDN at every layer of their network.
In Europe region, technology service providers have already understood the value proportion of SDN and have already started deploying Software Defined Networking in their networks but enterprise market still remain gloomy in terms of adoption of Software Defined Networking.
In Asia Pacific region, growth in countries such as China, India, and Japan are immensely contributing in the market. In India, the telecommunication services industry is going through the transformation and service providers have started to deploy Software Defined Networking technology at massive scale.
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Software-Defined Networking Market Segmentation
By SDN Type:
- Open SDN
- SDN via API
- SDN via Overlay
By End-User:
- Service Providers
- Enterprises
By Organization Size:
- Small & Medium Enterprises
- Large Enterprises
By Application:
- BFSI
- ITeS
- Education
- Retail
- Manufacturing
- Government & defence
- Healthcare
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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