Global software defined networking market Size forecast to cross the USD 100 Billion mark by 2025. The industry holds advanced features such as efficient network administration, decoupling the decision-making system about the data traffic. One of the most essential and preferable features of software-defined networking is its ability to create intelligent responses to business demands.
Dallas, TX -- (SBWIRE) -- 01/23/2020 -- Software Defined Networking Market: Advances in End-Use Applications such as Telecom and Growing Shift to Cloud-based Infrastructure Expedite Growth
Software defined networking has rightfully replaced the conventional hardware based networking to spearhead an automated control of policy based management. SDN aids in isolating control plane management from data plane, forwarding network traffic. The software defined networking (SDN) market is contemplated to hit massive growth with escalated advances in cloud computing and surged incline towards IoT environments across enterprises. Additionally, growing adoption of remote and centralized delivery system further expedite adoption.
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About Software Defined Networking (SDN):
Centralizing control over the network, SDN promptly provides several other benefits such as managing complex data traffic and customized data control. The growing adoption rate of SDN in enterprise data centers, and major implementation of the internet of things (IoT) across various industry verticals such as consumer goods, BFSI, healthcare, IT & Telecom, defense, and others, will have a positive influence on the growth of overall software-defined networking market.
Owing to their high compatibility, flexibility, and easy programmability, software defined networking work wonders in cloud architecture. With defining advances in cloud based IT infrastructure, software defined networking (SDN) holds promising prospects. As automation is seamlessly achieved with software defined networking, it holds ample scope to become an integrated cloud compatible asset.
The telecom industry is one of the fastest growing industries, and is rightfully a chief adopter of software driven networking solution. Shifting from legacy hardware controlled workflow, the telecom industry is relying heavily on software defined networking to eliminate hardware specific operations such as switches, thus aptly managing data traffic. Program networking and efficient delivery services concerning telecom to effectively minimize CAPEX/OPEX has been a major booster for telecom industry's reliance on SDN, pushing onward growth in global software defined networking market.
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On the basis of solutions and services the global software defined networking market is segregated into physical network infrastructure, SDN application, virtualization, integration and deployment, managed services, and training and maintenance. In terms of regional expanse, global software defined networking market is further demarcated into Europe, North and Latin America. MEA, and APAC. On the back of relentless investments by market players and favorable presence of industry forerunners across the region, North America likely to remain a lucrative regional hub.
Leading layers are incessantly trying to attain an edge in terms of market consolidation by constantly improving product line, in their bid to influence growth in global software defined networking market.
Key segments of the global software defined networking market
- Physical Network Infrastructure
- SDN Application
- Integration and Deployment
- Training and Maintenance
- Managed Services
Industry Vertical Overview:
- IT and Telecom
- Consumer Goods
- North America
- Asia Pacific
- Latin America
- Middle-East & Africa
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