The global Software Defined Networking Market report present evidence-based information and covers all the market details such as the latest technology trends, market opportunity analysis, and competitive landscape. The report also covers regional market share, size along with market drivers and restraints for the forecast period of 2018-2024. Further, this research report also delivers information associated with the latest developments by major players with their respective market share in the market.
According to the global Software Defined Networking (SDN) Market report published by Value Market Research, the market is expected to touch USD 69,372.8 Million by 2024, with a CAGR of 48.8% growing from USD 4,283.6 Million in 2017.
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the software defined networking (SDN) market includes Alcatel-Lucent S.A., Big Switch Networks Inc., Brocade Communications Systems, Inc., Cisco Systems, Inc., Dell Inc., Extreme Networks, Inc., Hewlett-Packard Enterprise Company, International Business Machines Corporation, Juniper Networks, Inc., NEC Corporation and Vmware Inc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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Market Dynamics
Growth in cloud computing services among IT organizations have boosted the growth of the software-defined networking market. In addition, the growing adoption of mobile devices has tremendously raised over the past few years, leading to an increasing need for efficient data networks across private and public sectors. This, in turn, is boosting the growth of software-defined networking industry. Furthermore, the rising need for technological advancement among enterprises offers new growth opportunities to market players to expand their market presence. However, lack of standardization & implementation and also lack of awareness among enterprises is likely to hamper the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of software defined networking (SDN).
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Market Segmentation
The broad software defined networking (SDN) market has been sub-grouped into solution, vertical, and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Solution
Physical Network InfrastructureVirtualization And Control SoftwareProfessional ServicesSDN Applications & Network Services
By Vertical
ITConsumer Goods and RetailBFSIDefenseTelecomHealthcareOthers
By End-User
Telecommunication Service ProvidersCloud Service ProvidersEnterprises
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for software defined networking (SDN) in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
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