Market Overview
The Global Software Defined Networking (SDN) Market is a rapidly growing market that is projected to witness substantial growth in the coming years. Software-defined networking (SDN) is an architecture that allows network administrators to control network behavior and manage network services through abstraction of higher-level functionality from lower-level network infrastructure.
The market for SDN solutions has seen rapid growth in recent years due to the increasing demand for network virtualization, the growing trend of cloud computing, and the rise of big data. The adoption of SDN is also being driven by the need for greater network agility, flexibility, and scalability.
According to a report by Market Research Future, the Global Software Defined Networking (SDN) Market is expected to reach USD 55.73 billion by 2025, at a CAGR of 39.4% during the forecast period (2019-2025). This significant growth is due to the increasing adoption of cloud computing, the growing number of data centers, and the need for better network security and management.
Meaning
Software-defined networking (SDN) is an architecture that separates the network control plane from the data plane, allowing network administrators to manage network services and behavior through a central controller. SDN allows for greater network agility, flexibility, and scalability, making it an ideal solution for data centers, cloud computing, and network virtualization.
Executive Summary
The Global Software Defined Networking (SDN) Market is a rapidly growing market that is projected to witness substantial growth in the coming years. The market for SDN solutions has seen rapid growth in recent years due to the increasing demand for network virtualization, the growing trend of cloud computing, and the rise of big data. The adoption of SDN is also being driven by the need for greater network agility, flexibility, and scalability. According to a report by Market Research Future, the Global Software Defined Networking (SDN) Market is expected to reach USD 55.73 billion by 2025, at a CAGR of 39.4% during the forecast period (2019-2025).
Important Note:ย The companies listed in the image above are for reference only. The final study will cover 18โ20 key players in this market, and the list can be adjusted based on our clientโs requirements.
Key Market Insights
The Global Software Defined Networking (SDN) Market is expected to grow at a rapid pace over the forecast period. The following key insights provide a brief overview of the market:
- The market for SDN solutions has seen rapid growth in recent years due to the increasing demand for network virtualization, the growing trend of cloud computing, and the rise of big data.
- The adoption of SDN is also being driven by the need for greater network agility, flexibility, and scalability.
- According to a report by Market Research Future, the Global Software Defined Networking (SDN) Market is expected to reach USD 55.73 billion by 2025, at a CAGR of 39.4% during the forecast period (2019-2025).
- North America is expected to dominate the SDN market, followed by Asia-Pacific and Europe.
- The key players in the SDN market include Cisco Systems, Inc., Juniper Networks, Inc., Hewlett Packard Enterprise, VMware, Inc., and Huawei Technologies Co., Ltd.
Market Analysis
The Global Software Defined Networking (SDN) Market is expected to grow at a rapid pace over the forecast period. The market is being driven by the increasing demand for network virtualization, the growing trend of cloud computing, and the rise of big data.
Market Drivers
The following are the key drivers that are fueling the growth of the Global Software Defined Networking (SDN) Market:
- Increasing demand for network virtualization: The growing trend of virtualization in data centers is driving the adoption of SDN solutions. SDN enables network virtualization, which allows network administrators to create multiple virtual networks on a single physical network growing trend of cloud computing: The adoption of cloud computing is driving the demand for SDN solutions. SDN enables network administrators to manage network behavior and services through a central controller, making it easier to manage cloud-based services.
- Rise of big data: The increasing use of big data is driving the need for greater network agility, flexibility, and scalability. SDN solutions enable network administrators to easily manage and scale networks to accommodate large amounts of data.
- Need for greater network security: SDN solutions provide better network security by allowing network administrators to easily identify and isolate potential security threats.
- Growing number of data centers: The increasing number of data centers is driving the demand for SDN solutions. SDN enables network administrators to manage and scale networks across multiple data centers.
Market Restraints
The following are the key restraints that are limiting the growth of the Global Software Defined Networking (SDN) Market:
- Lack of awareness: The lack of awareness among end-users about the benefits of SDN solutions is limiting the adoption of these solutions.
- Integration issues: The integration of SDN solutions with existing IT infrastructure can be challenging, which is limiting the adoption of these solutions.
- Complexity of implementation: Implementing SDN solutions can be complex and time-consuming, which is a barrier to adoption.
- Security concerns: The security of SDN solutions is a concern for some organizations, which is limiting their adoption of these solutions.
Market Opportunities
The following are the key opportunities that exist in the Global Software Defined Networking (SDN) Market:
- Increasing demand for SD-WAN: The growing trend of software-defined wide area networking (SD-WAN) is creating opportunities for SDN solution providers.
- Integration with artificial intelligence (AI): The integration of SDN solutions with AI technology can create new opportunities for network management and automation.
- Expansion of 5G networks: The expansion of 5G networks is creating opportunities for SDN solutions to manage and optimize network traffic.
- Emergence of edge computing: The emergence of edge computing is creating opportunities for SDN solutions to manage and secure networks at the edge.
Market Dynamics
The Global Software Defined Networking (SDN) Market is a rapidly evolving market that is being driven by a number of dynamic factors, including:
- Rapidly changing technology landscape: The rapid pace of technological change is creating new opportunities and challenges for the SDN market.
- Growing demand for network virtualization: The increasing demand for network virtualization is driving the adoption of SDN solutions.
- Emergence of new use cases: The emergence of new use cases for SDN solutions is expanding the market for these solutions.
- Increased competition: The SDN market is becoming increasingly competitive, with new players entering the market and existing players expanding their offerings.
Regional Analysis
The Global Software Defined Networking (SDN) Market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. North America is expected to dominate the market, followed by Asia-Pacific and Europe. The following are the key factors driving the growth of the SDN market in each region:
- North America: The adoption of cloud computing and the growing number of data centers are driving the demand for SDN solutions in North America.
- Asia-Pacific: The growing number of businesses and data centers in Asia-Pacific is driving the demand for SDN solutions in the region.
- Europe: The adoption of SDN solutions in Europe is being driven by the need for greater network security and management.
Competitive Landscape
Leading Companies in the Global Software Defined Networking (SDN) Market:
- Cisco Systems, Inc.
- VMware, Inc.
- Juniper Networks, Inc.
- Hewlett Packard Enterprise Development LP
- Dell Technologies Inc.
- Huawei Technologies Co., Ltd.
- Nokia Corporation
- Extreme Networks, Inc.
- Big Switch Networks, Inc.
- Pluribus Networks
Please note: This is a preliminary list; the final study will feature 18โ20 leading companies in this market. The selection of companies in the final report can be customized based on our client’s specific requirements.
Segmentation
The Global Software Defined Networking (SDN) Market is segmented based on solution, service, end-user, and region.
By solution, the market is segmented into software-defined networking infrastructure, software-defined networking controllers, software-defined storage, and software-defined security.
By service, the market is segmented into professional services and managed services.
By end-user, the market is segmented into enterprises, cloud service providers, and telecommunications service providers.
Category-wise Insights
The following are the key insights by category in the Global Software Defined Networking (SDN) Market:
- Solution category: The software-defined networking infrastructure segment is expected to dominate the market, followed by the software-defined networking controllers segment.
- Service category: The professional services segment is expected to dominate the market, due to the high demand for consulting and implementation services.
- End-user category: The cloud service providers segment is expected to dominate the market, due to the growing adoption of cloud computing.
Key Benefits for Industry Participants and Stakeholders
The key benefits of the Global Software Defined Networking (SDN) Market for industry participants and stakeholders include:
- Increased network agility, flexibility, and scalability
- Improved network security and management
- Greater efficiency and cost savings
- Better visibility and control over network traffic
SWOT Analysis
The following is a SWOT analysis of the Global Software Defined Networking (SDN) Market:
Strengths:
- Growing demand for network virtualization and cloud computing
- Increasing need for network security and management
- Wide range of applications across various industries
Weaknesses:
- Complexity of implementation
- Integration issues with existing IT infrastructure
Opportunities:
- Increasing demand for SD-WAN
- Integration with artificial intelligence (AI)
- Expansion of 5G networks
- Emergence of edge computing
Threats:
- Security concerns
- Lack of awareness among end-users
Market Key Trends
The following are the key trends that are shaping the Global Software Defined Networking (SDN) Market:
- Adoption of SD-WAN solutions: The adoption of software-defined wide area networking (SD-WAN) solutions is a key trend in the SDN market.
- Integration with AI technology: The integration of SDN solutions with AI technology is a key trend in the market, enabling network management and automation.
- Increasing demand for network security: The increasing demand for network security is driving the development of new SDN solutions focused on network security.
- Expansion of 5G networks: The expansion of 5G networks is driving the development of new SDN solutions focused on managing and optimizing network traffic.
Covid-19 Impact
The Covid-19 pandemic has had a significant impact on the Global Software Defined Networking (SDN) Market. The pandemic has accelerated the adoption of cloud computing, remote working, and digital transformation, which has in turn driven the demand for SDN solutions.
The pandemic has also highlighted the importance of network security and management, which has led to increased demand for SDN solutions focused on network security. However, the pandemic has also created some challenges for the SDN market, including supply chain disruptions and reduced IT budgets for some organizations.
Key Industry Developments
The following are some of the key industry developments in the Global Software Defined Networking (SDN) Market:
- In March 2021, Juniper Networks, Inc. announced the launch of its new AI-driven network platform, which leverages SDN technology to enable automated network management and optimization.
- In February 2021, VMware, Inc. announced the launch of its new SD-WAN solution, which provides secure and optimized access to cloud-based applications and services.
- In January 2021, Cisco Systems, Inc. announced the launch of its new SD-WAN security solution, which integrates SD-WAN and security functionality to provide comprehensive network security.
- In December 2020, Huawei Technologies Co., Ltd. announced the launch of its new SDN-based campus network solution, which provides high-performance and secure network access for campus environments.
Analyst Suggestions
The following are some of the key suggestions from industry analysts regarding the Global Software Defined Networking (SDN) Market:
- Focus on developing solutions that are easy to integrate with existing IT infrastructure, to reduce the complexity and time required for implementation.
- Emphasize the benefits of SDN solutions to end-users, to increase awareness and drive adoption.
- Invest in research and development to develop new and innovative SDN solutions that can meet the evolving needs of customers.
Future Outlook
The Global Software Defined Networking (SDN) Market is expected to continue to grow at a rapid pace over the forecast period. The increasing adoption of cloud computing, the growing number of data centers, and the need for better network security and management are expected to drive the demand for SDN solutions.
The integration of SDN solutions with AI technology is expected to create new opportunities for network management and automation. The expansion of 5G networks and the emergence of edge computing are also expected to drive the development of new SDN solutions focused on managing and optimizing network traffic.
Conclusion
The Global Software Defined Networking (SDN) Market is a rapidly growing market that is being driven by the increasing demand for network virtualization, the growing trend of cloud computing, and the rise of big data. The market is highly competitive, with a large number of players competing for market share.
The adoption of SDN solutions is expected to continue to grow over the forecast period, due to the increasing need for greater network agility, flexibility, and scalability. The integration of SDN solutions with AI technology and the expansion of 5G networks and edge computing are expected to drive the development of new and innovative SDN solutions that can meet the evolving needs of customers.