Software Defined Networking Market Trends, Latest Insights,...

Software Defined Networking Market Trends, Latest Insights, Analysis and Forecast 2024-2031

Posted 2024-07-12 12:42:25

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The global software-defined networking market is expected to grow at a significant CAGR during the forecast period. Software-defined networking (SDN) is a networking technology that allows for a centralized, intelligence-based network control by generating a global picture of the network. It has reshaped networking design by allowing complex networks to be managed and controlled in a flexible manner using efficient resources and data traffic management. To provide a programmable network platform, software-defined networking separates the control plane and regulates network traffic routing from the data plane, which delivers traffic to the intended destination.

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Software-defined networking solutions provide end-users with ease of setup as well as flexibility for high scalability, which is one of the primary elements influencing their widespread adoption. SDN also supports customers achieve reduced operational expenditure by providing optimal capital expenditure (CAPEX) and increased energy efficiency. The developing economies provide chances for enterprises working in the global SDN industry, owing to their growing digital ecosystems and rapid data expansion. IT firms are rapidly migrating to cloud technology, and as a result, cloud service usage has skyrocketed around the world, propelling the expansion of software-defined networking systems.

As IT and business entity leaders investigate the benefits of application-level roles and events for functional efficiency and resiliency, the growth of software-defined networking is expected to accelerate during the forecast period. Cloud integration, network services automation, hybrid automation services, and short time-to-service are all included in the software-defined networking. Several companies are now developing network service applications for software-defined networks to extend the value of virtualization to an entirely new level.

Global Software Defined Networking Market - Segmentation

By Component

• SDN Infrastructure

• Software

• Services

By Vertical

• Consumer Goods and Retail

• BFSI

• Government & Defense

• Manufacturing

• IT Enabled Services

• Healthcare

• Others

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Software Defined Networking Market Report Segment by Region

North America

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

Company Profiles

· Cisco Systems, Inc.

· Hewlett Packard Enterprises, Inc.

· Intel Corp.

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