Albany, NY -- (SBWIRE) -- 01/19/2019 -- Increasing number of devices accessing the network supported by increasing number of networking applications and services required new ways to design, manage and operate the networks and which is why Software Defined Networking (SDN) & Network Function Virtualization (NFV) are witnessing demand for their application.

Software Defined Networking (SDN) & Network Function Virtualization (NFV) are used to modify service and network architecture. SDN serves the functionality to control network devices without updating the software each time a new protocol is been implemented. SDN manages the network by informing packet coming from source goes to go where and hence sends it to a specific destination.

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Software Defined Networking (SDN) & Network Function Virtualization (NFV) Market: Market Dynamics

Software Defined Networking (SDN) & Network Function Virtualization (NFV) technologies modifies network architecture and are witnessing applications among networking partners from IoT, networking, mobility and other areas. The factors driving the demand for software defined networking (SDN) & network function virtualization (NFV) includes increasing networking traffic from increasing number of devices, complex and fluctuating network traffic issues, increasing number of cloud services, management of a large number of networks equipment. SDN and NFV technologies aids in reducing the capital expenditure on network setup expenditure and aids in the configuration of complex network infrastructures.

Software Defined Networking (SDN) & Network Function Virtualization (NFV) Market Segmentation

Segmentation of Software Defined Networking (SDN) & Network Function Virtualization (NFV) Market on the basis of the solution:
Implementation
Service

Segmentation of Software Defined Networking (SDN) & Network Function Virtualization (NFV) Market on the basis of application:
IT and telecommunication
BFSI
Defense
Government
Healthcare
Energy & utility
Others

Segmentation of Software Defined Networking (SDN) & Network Function Virtualization (NFV) Market on the basis of geography:
North America (U.S., Canada)
Latin America (Mexico, Brazil)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands,Luxembourg)
Eastern Europe (Poland, Russia)
Asia-Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
The Middle East and Africa (GCC, South Africa, North Africa)

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Regional Overview

On the basis of geography, software defined networking (SDN) & network function virtualization (NFV) market can be segmented into seven key markets namely North America, Latin America, Western Europe, Eastern Europe, APAC, Japan, Middle East and Africa. North America is expected to dominate the market for software defined networking (SDN) & network function virtualization (NFV) because of established IT, telecom, and banking sector in the region. North America is expected to be followed by Western Europe and APAJ. APAJ is expected to drive the demand for application delivery controllers market, supported by increasing telecom services penetration in densely populated countries such as China and India. Increasing IT and telecom spending of China government and India's IT and telecom infrastructure expansion initiatives such as Digital India program expected to drive the demand for software defined networking (SDN) & network function virtualization (NFV).

Software defined networking (SDN) & network function virtualization (NFV) are getting attention from stakeholders associated with IoT, networking, mobility and other areas. The major factors driving the growth of adoption of Software defined networking (SDN) & network function virtualization (NFV) includes increasing cloud-enabled services, increasing complexities of network traffic, globally expanding operations, rising demand of mobility applications etc. Major restraint impacting the demand for software defined networking (SDN) & network function virtualization (NFV) are the safety issues related to the transfer of data and lack of skills and expertise to effectively manage the traffic.

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Competitive Landscape

Major players in the field of application delivery controllers include Intel Corporation, Hewlett-Packard, Cisco Systems Inc., NEC Corporation, DELL Inc. etc.

The report covers exhaustive analysis on:

Software Defined Networking (SDN) & Network Function Virtualization (NFV) Market Segments
Software Defined Networking (SDN) & Network Function Virtualization (NFV) Market Dynamics
Historical Actual Market Size, 2014 - 2016
Software Defined Networking (SDN) & Network Function Virtualization (NFV) Size & Forecast 2017 To 2027
Supply & Demand Value Chain
Software Defined Networking (SDN) & Network Function Virtualization (NFV) Market Current Trends/Issues/Challenges
Competition & Companies involved
Software Defined Networking (SDN) & Network Function Virtualization (NFV) Technology
Software Defined Networking (SDN) & Network Function Virtualization (NFV) Value Chain
Software Defined Networking (SDN) & Network Function Virtualization (NFV) Market Drivers and Restraints
Regional analysis for Software Defined Networking (SDN) & Network Function Virtualization (NFV) Market includes

Software Defined Networking (SDN) & Network Function Virtualization (NFV) Market by North America
US & Canada
Software Defined Networking (SDN) & Network Function Virtualization (NFV) Market by Latin America
Brazil, Argentina & Others
Software Defined Networking (SDN) & Network Function Virtualization (NFV) Market by Western Europe
EU5
Nordics
Benelux
Software Defined Networking (SDN) & Network Function Virtualization (NFV) Market by Eastern Europe
Russia
Poland
Rest of Eastern Europe
Software Defined Networking (SDN) & Network Function Virtualization (NFV) Market by Asia Pacific
Australia and New Zealand (ANZ)
Greater China
India
ASEAN
Rest of Asia Pacific
Software Defined Networking (SDN) & Network Function Virtualization (NFV) Market by Japan
Software Defined Networking (SDN) & Network Function Virtualization (NFV) Market by the Middle East and Africa
GCC Countries
Other Middle East
North Africa
South Africa
Other Africa

The report is a compilation of first-hand information, qualitative, and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Report Highlights:

Detailed overview of parent market
Changing market dynamics of the industry
In-depth market segmentation
Historical, current and projected market size in terms of value
Recent industry trends and developments
Competitive landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
Must-have information for market players to sustain and enhance their market footprint

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