Sdn market by application, end use, component, region 2017-2024

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Software Defined Networking (SDN) Market - 54
Growth Forecast over 2017-2024
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Key Insights from Software Defined Networking
(SDN) Market

• The telecommunication sector is probably
  embarking on a transformational shift in recent
  years. Software Defined Networking (SDN) market
  is deemed to be a major stipendiary of this
  transition. Telecommunication networks,
  apparently, have migrated from traditional
  hardware and appliance centric deployment to
  cloud based model, with software playing a
  pivotal role in network functionality. The
  increasing popularity of SDN industry can be
  majorly attributed to this fundamental aspect.
• Software defined networking emerged as an
  advanced architecture paradigm, amalgamating
  different technological capabilities applied to
  management of network functions, design, and
  service platforms. Pertaining to these benefits,
  numerous IT service companies have been
  feverishly changing their perspective toward
  adoption of software-based solutions for
  resolving several business challenges, which in a
  way is impelling SDN industry share. As claimed
  by Cisco in its latest Cloud Index report- over
  67 of all data centers would adopt SDN
  technology partially or fully by the end of 2021,
  a sharp rise from what it recorded in the year
  2016 which was only 16.

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Continued...

• Cradlepoint, one of the formidable players in SDN
  market, has recently made it to the headlines
  with the launch of its NetCloud service package,
  that reportedly includes advanced IBR1700 mobile
  router. Reportedly, this newly designed solution
  package for its NetCloud platform, brings the
  benefits of SD-WAN (Software-Defined
  Wide-Area-Network) to LTE mobile networks for
  transit operators, first responders, and other
  fleet-based organizations. As claimed by the
  cloud-4G network service provider, the new
  solution is in compliance with the security and
  performance requirements of FirstNet, the
  independent authoritative entity under NTIA
  within U.S.
• In a bid to reinforce its position in SDN market,
  Orange Business Services has recently signed a
  collaborative agreement with Cisco. Apparently,
  in consequence of this deal, the former is
  planning to showcase the onboarding of Ciscos
  SD-WAN virtual network function on Cisco ENCS
  (Enterprise Network Compute System). In fact,
  with the aforementioned platform under its belt,
  Orange Business Services customers would gain a
  fully functional visualized solution for their
  network services, as a part of Orange universal
  CPE offering.

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Browse key industry insights spread across 270
pages with 156 market data tables 34 figures
charts from the report, Software Defined
Networking (SDN) Market Size By Component
(Solutions Physical Network Infrastructure, SDN
Controller, SDN Applications, Services
Professional Services, Managed Services), By
End-Use (Enterprises, Cloud Service Provider,
Telecom Service Provider), By Application (BFSI,
Consumer Goods Retail, Government Defense,
Healthcare, Manufacturing, IT Enabled Services),
Industry Analysis Report, Regional Outlook (U.S.,
Canada, UK, Germany, France, Italy, Spain,
Netherlands, Australia, China, India, Japan,
South Korea, Brazil, Mexico, GCC, North Africa),
Growth Potential, Competitive Market Share
Forecast, 2017 - 2024 in detail along with the
table of contents https//www.gminsights.com/ind
ustry-analysis/software-defined-networking-sdn-mar
ket
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Continued...

• The U.K. based telecommunications behemoth, Colt
  Technology Services, has apparently declared its
  plan of expanding its On Demand SDN service
  across APAC belt. Powered by Colt IQ Network, the
  firms On Demand SDN services are characterized
  by high flexibility, real-time bandwidth
  variation, and agility. Making a profound headway
  in APAC SDN market share with the successful
  launch of these services in Japan, Colt is
  planning to introduce the same On Demand SDN
  services in Hong Kong and Singapore as well in
  the second quarter of this year.
• Tremendous technological interventions in the
  telecom sector have evidently narrowed the gap
  between developing and developed nations, giving
  SDN industry players lucrative opportunities to
  extend their geographical reach. However,
  considering the immense investments by U.S.
  telecom service providers in software defined
  networking, the regional SDN market has
  undoubtedly turned out to be hotbed for potential
  investors. For instance, American telecom giant
  ATT has recently poured in USD 200 million to
  support startups that mainly focusses on
  promoting SDN technology and connected services.

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SDN Market Share,
By End-Use, 2016

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Continued...

Speaking of its commercialization potential at
the global scale, overall SDN industry size is
forecast to exceed a valuation of USD 88 billion
by 2024. With incessant efforts undertaken by the
tech giants to unlock software-based technology
potentialities in telecommunication industry,
which has, of late, become more insight driven,
SDN market demand is claimed to be on a robust
incline. In fact, looking at the pace of
advancements and expansion in its application
spectrum, this particular business vertical is
deemed to be one of the most fascinating spheres
to watch unfold, claim analysts..
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