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Software Defined Networking Market to Grow at 27% During 2021-2026

MariaJames by MariaJames
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According to the latest report by IMARC Group, titled, “Software Defined Networking Market Share : Global Industry Trends, Size, Growth, Opportunity and Forecast 2021-2026″, The global software defined networking market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 27% during 2021-2026

Software defined networking (SDN) refers to a network architecture solution that ensures workflow automation through software-based applications. It is customized to improve the agility and efficiency of networks and enables users to effectively control the network traffic and large volume of data. SDN architecture has numerous elements, including a controller for centralizing virtual and physical environments, a northbound Application Program Interface (API) for transmitting the data between the controller and the application, and a southbound API for transferring information between the individual switches and controller. It is more cost-effective, secure, and flexible as compared to the traditionally used networking systems. Consequently, SDN finds widespread application across various sectors, such as enterprises, telecommunication service providers, cloud service providers, etc.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Software Defined Networking Market trends:

The emerging trend of network infrastructure automation and the expanding adoption of Big Data analytics and cloud-computing services across several industries are among the key factors driving the software defined networking market. Additionally, the rising requirement for efficient networking solutions for adequate data center consolidation, enterprise mobility, and server virtualization is also augmenting the market growth. Besides this, the escalating adoption of Bring-Your-Own-Devices (BYOD) among the organizations to optimize the mobile workforce and manage and customize the data accessed by employees is acting as another significant growth-inducing factor. Apart from this, increasing integration of the Internet of Things (IoT) with connected devices, the development in the architecture to support the 5G infrastructure, and the growing investments to create open-source SDNs, are anticipated to stimulate the software defined networking market over the forecasted period.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/software-defined-networking-market/requestsample

Global Software Defined Networking Market 2021-2026 Analysis and Segmentation:

Competitive Landscape:

Arista Networks Inc., Cisco Systems Inc., Citrix Systems Inc., Cloudgenix Inc. (Palo Alto Networks Inc.), Cumulus Networks Inc. (Nvidia Corporation), Dell Technologies Inc., Extreme Networks Inc., Hewlett-Packard Enterprise Company, International Business Machines Corporation, Juniper Networks Inc., NEC Corporation and Oracle Corporation.

The report has segmented the market on the basis of region, component, organization size, application and end use industry.

Breakup by Component:

  • Solution
    • Physical Network Infrastructure
    • SDN Controller
    • SDN Application
    • Others
  • Services
    • Integration and Deployment
    • Training and Consulting
    • Support and Maintenance

Breakup by Organization Size:

  • Small and Medium Enterprises
  • Large Enterprises

Breakup by Application:

  • Enterprises
  • Telecommunication Service Providers
  • Cloud Service Providers

Breakup by End Use Industry:

  • BFSI
  • IT and Telecom
  • Consumer Goods
  • Government and Defense
  • Healthcare
  • Others

Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/software-defined-networking-market

If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:

  • Market Performance (2015-2020)
  • Market Outlook (2021- 2026)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us

IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: [email protected]
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

 

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