Industry Insight
In its latest study, Market Research Future summed neatly that the global Software Defined Networking Market (2020 could witness stability from the years 2018–2023. In these years, the market’s potentiality might rise at a rate of 42.41%, with a high market value. It could be the great achievement of the market to see the future amidst COVID 19 pandemic across the world.
Global Software Defined Networking Market – Notable Developments
The global software-defined networking market expects to achieve massive growth after the long term impact of the COVID 19 outbreak. As the approach of enterprise networking has become more mobile, software-defined networking solutions are emerging as the most lucrative and cost-efficient approach. This is expected to help the overall development of the global market in the coming years.
The competitive landscape of the global software-defined networking market is fragmented due to the incidence of numerous key players. These players are persistently trying to develop new approaches and innovative methods to solve the pressing networking issue that troubled enterprises. The competition in the global software-defined networking market is expected to intensify after the outbreak of novel coronavirus as well as the forecasted period with the entry of new players. Some of the notable names in the global software-defined networking market are Dell, Big Switch, Nokia, Arista, Pluribus, Cumulus, NEC, and Extreme Networks. In the case of point, in November 2019, Arista Networks announced about the company’s flagship product Arista CloudEOS that includes cloud-native. The instance of its networking OS can now be deployed and used as a container on the Kubernetes cluster.
Furthermore, numerous other factors are assisting in fuelling the development of the global software-defined networking market. One of the most significant driving factors for the growth of the software-defined networking market is the escalating need for enterprise mobility. This has prompted more and more installation or adoption of these software-defined networking solutions on personal devices such as notebooks, Smartphones, and tablets to connect to the corporate networks. As the current IT infrastructure is under a lot of pressure to properly configure these devices, due to the COVID 19 crisis to avoid any data breach. Thus, software-defined networking solutions are emerging to be the most promising, as well as lucrative networking technologies across the world.
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Segmentation of Market
MRFR’s report offers a comprehensive evaluation of the global software-defined networking market with the help of segmental analysis. The segments covered are organization size, component, application, solution, and end-user.
In terms of the organization size segment, the market has included SMEs and large enterprises.
In terms of component segment, the market has included hardware, software, and services.
In terms of the application segment, the market has included SD-LAN, SD-WAN, security applications, and more.
In terms of the solution segment, the market has included network virtualization, physical network infrastructure solution, and automation solution.
In terms of the end-user segment, the market has included Healthcare, Retail, IT & Telecommunication, Industrial, BFSI, Government, and others.
Regional Front
MRFR decodes key regions that segregate the global software-defined networking market. The regional segmentation included Latin America, North America, Middle East, and Africa, Asia Pacific, and Europe. Of these, presently, the global software-defined networking market has been led by the North American region. The growth in this regional market has been attributed primarily to the escalating adoption of software-defined networking solutions due to growing digitization in the region. Moreover, the mounting need network virtualization coupled with necessitate for enhancing business operations and increasing demand for shorter response time. All these factors are likely to motivate the growth of the software-defined networking market in the North America regions.
On the other hand, the Asia Pacific region is proposed to witness robust growth in the coming years of the assessment period. The region will illustrate towering growth in support of the growing digital transformation in countries such as India and China.
Industry Players
The competitive landscape of the global software-defined networking market is fragmented with high presence of several key players such as Huawei Technologies Co. Ltd., Hewlett Packard Enterprise Company, Cisco Systems, Inc., Juniper Networks Inc., NEC Corporation, Intel Corporation, Pica8 Inc., IBM Corporation, Pluribus Networks Inc., Brocade Communications Systems Inc., Big Switch Networks Inc, and Ciena Corporation.
Report Details @ https://www.marketresearchfuture.com/reports/software-defined-networking-market-1607
Table of Content
1 Executive Summary
2 Market Introduction
2.1 Definition 18
2.2 Scope Of The Study 18
2.3 List Of Assumptions 19
2.4 Market Structure 19
3 Research Methodology
3.1 Research Process 21
3.2 Secondary Research 21
3.3 Primary Research 22
3.4 Forecast Model 24
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