Dublin, March 25, 2019 (GLOBE NEWSWIRE) -- The "Software Defined Networking Market by SDN Type (Open SDN, SDN via Overlay, and SDN via API), Component (Solutions and Services), End User (Data Centers, Service Providers, and Enterprises), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The global SDN market size is projected to grow from USD 8.82 billion in 2018 to USD 28.8 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 26.8% from 2018 to 2023.

The exponential increase in the size and complexity of network infrastructures in the past decade created a need for solutions to simplify and efficiently manage the entire network and the Increasing demand for cloud services, data center consolidation, and server virtualization are projected to drive the growth of the market across the globe. However, there are security concerns as a centralized controller can be the single point of attack and failure for SDN networks could restrict the growth of the market.

SDN is set to revolutionize the traditional way of networking. It physically separates the data plane and control plane by the forwarding plane of Ethernet switches (data plane) from the logical link that controls the flow of packets (control plane). The approach's aim is to eliminate the physical infrastructure limitations of networks. It offers a cost-effective, application-centric networking approach and enables network functions to be virtualized with the implementation of NFV. It results in reduced operational costs, thereby reducing latency and resulting in efficient network traffic management.

The SDN technology has been evolving rapidly over the last few years with the emergence of several major technology vendors, such as Cisco Systems, Inc., NEC Corporation, Big Switch Networks, VMware Inc., and Juniper Networks. The SDN architectural framework is set to redefine the networking infrastructure to meet the growing demand for high bandwidth. With a decoupled control plane that can be complemented with various Artificial Intelligence (AI)-based software tools, a swift improvement of the traditionally distributed control plane is feasible, enabling an intelligent and efficient network.

Key vendors of SDN solutions include Cisco Systems, Inc. (Cisco), VMware Inc. (VMware), Juniper Networks, Inc., (Juniper), Hewlett Packard Enterprise Development LP (HPE), Huawei Technologies Co.(Huawei), Ltd., NEC Corporation (NEC), Big Switch Networks, Inc., Ciena Corporation (Ciena), Nokia Corporation (Nokia), Pluribus Networks, Extreme Networks, Cumulus Networks, Arista Networks, Pica8 Inc., and Dell .

Most of these vendors have started to partner with major telecom and cloud service providers, along with key technologies, to enhance the capabilities of the control layer. As a result, there have been various new developments, which have not only enhanced the security framework but also the efficiency of the networks with better load balancing and automated network infrastructure optimization.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Global SDN Market
4.2 Software-defined networking market, By Type, 2018
4.3 Asia Pacific: SDN Market, By Type and End User, 2018

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Need for Advanced Network Management System to Handle the Increasing Network Traffic and Complexity
5.2.1.2 Increase in Demand for Enterprise Mobility to Enhance Productivity, Especially for Field-Based Services
5.2.1.3 Increasing Demand for Cloud Services, Data Center Consolidation, and Server Virtualization
5.2.1.4 Increasing Demand for Network Virtualization and Automation
5.2.2 Restraints
5.2.2.1 Security Concerns as A Centralized Controller Can Be the Single Point of Attack and Failure for SDN Networks
5.2.3 Opportunities
5.2.3.1 Increasing Utilization of White-Box Switches for SDN Deployment
5.2.3.2 Adoption of SDN for IoT
5.2.3.3 Increase in Demand for Private Cloud
5.2.3.4 Development of Open Source SDN
5.2.4 Challenges
5.2.4.1 Reliability Concerns for SDN Network
5.2.4.2 Balancing Network Infrastructure Between Traditional and SDN Technology

6 SDN Market, By SDN Type
6.1 Introduction
6.2 Open SDN
6.2.1 A Large Number of Service Providers to Opt for Open SDN
6.3 SDN Via API
6.3.1 Growing Proliferation of SDN Among Enterprises to Drive SDN Via API Market
6.4 SDN Via Overlay
6.4.1 Data Centers to Be the Major End Users for SDN Via Overlay

7 SDN Market, By Component
7.1 Introduction
7.2 Solutions
7.2.1 Controller Plane
7.2.1.1 SDN Controllers to Gain Traction Owing to the Large Number of Network Transformations
7.2.2 Data Plane
7.2.2.1 Proliferation of Hypervisor Switches to Drive the Market for Data Plane Solutions
7.2.3 Management Plane
7.2.3.1 Increasing Number of Networking Applications Driving the Market Growth of Management Solutions
7.3 Services
7.3.1 Consulting
7.3.1.1 Enterprises to Adopt Consulting Services for Eliminating Network Complexities
7.3.2 Implementation
7.3.2.1 Network Optimization to Drive the Demand for Implementation Services
7.3.3 Training and Support
7.3.3.1 Complexities While Implementing SDN Solutions to Bolster the Adoption of Training and Support Services

8 SDN Market, By End User
8.1 Introduction
8.2 Data Centers
8.2.1 Data Centers Primarily Relying on Software-Defined Ecosystem to Maintain Network Agility
8.3 Service Providers
8.3.1 Deployment of Open SDN to Be Driven By the Service Providers
8.4 Enterprises
8.4.1 Banking, Financial Services, and Insurance
8.4.1.1 Agile Networking Infrastructure Becoming Mandatory for BFSI Vertical to Cope-Up With the Ever-Increasing Network Traffic Through Financial Transactions
8.4.2 Manufacturing
8.4.2.1 The Large Number of Connected Assets Generating the Need for Agile Networking in Manufacturing Vertical
8.4.3 Retail
8.4.3.1 Increased Cloud Dependency of the Retail Vertical to Drive Its Market Growth
8.4.4 Healthcare
8.4.4.1 Need to Manage the Large Number of Connected Infrastructures Within Healthcare Vertical Driving the Adoption of Software Defined Ecosystem
8.4.5 Education
8.4.5.1 A Large Number of Universities Deploying SDN in Their Campuses to Offer Smooth Network Functionality
8.4.6 Government and Defense
8.4.6.1 Government and Defense Sectors to Deploy SDN to Improve the Accessibility of Data and Systems
8.4.7 Others

9 SDN Market, By Region
9.1 Introduction
9.2 North America
9.2.1 United States
9.2.1.1 Proliferation of SDN Within Enterprises to Drive the Market Growth
9.2.2 Canada
9.2.2.1 Canada to Forecast Highest Growth Trend in North America in Terms of SDN Deployments
9.3 Europe
9.3.1 United Kingdom
9.3.1.1 United Kingdom to Adopt SDN Solutions on A Large Scale in Europe Due to the Emergence of Cloud and Enterprise Mobility
9.3.2 Germany
9.3.2.1 Germany to Grow at A Higher Growth Rate Owing to the High Demand for Managed SDN Services
9.4 Asia Pacific
9.4.1 Japan
9.4.1.1 Data Centers to Dominate the SDN Market in Japan
9.4.2 China
9.4.2.1 Large Number of Enterprise-Base is to Affect the Chinese SDN Market
9.5 Rest of the World

10 Competitive Landscape
10.1 Competitive Leadership Mapping
10.1.1 Visionary Leaders
10.1.2 Innovators
10.1.3 Dynamic Differentiators
10.1.4 Emerging Companies
10.2 Strength of Product Portfolio (15 Players)
10.3 Business Strategy Excellence (15 Players)
10.4 Ranking of Key Players for the SDN Market, 2018

11 Company Profiles

  • Arista Networks
  • Big Switch Networks
  • Ciena
  • Cisco
  • Cumulus Networks
  • Extreme Networks
  • HPE
  • Huawei
  • Juniper Networks
  • NEC
  • Nokia
  • Oracle
  • Pica8
  • Pluribus Networks
  • VMware

For more information about this report visit https://www.researchandmarkets.com/research/9jq8vg/global_software?w=12

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