Market Challenges And Opportunities

Global Software Defined Networking Market Drivers:

Increasing need for mobility is expected to drive the growth of the global software defined networking (SDN) market

Renewable energy resources have very little impact on the environment and are present in the rising use of mobile data has supported mobile network operators to upgrade their existing systems, and to manage to expand their consumer base and applications & devices. Customers use mobile phones for conducting financial transactions, which in turn, is driving the need for low-latency and high-speed switches. Telecommunication service providers employ Operations Support Systems (OSS) to manage and support their business through provisioning services. However, re-architecting the entire network to accommodate OSS solutions is a cumbersome task. Companies such as Deutsche Telekom are aiming to establish an SDN model to simplify network operations while reducing costs. Thus, these factors are expected to drive the growth of the global software defined network (SDN) market during the forecast period.

Growing cloud service is expected to propel the global software defined networking (SDN) market growth over the forecast period

Many organizations have started storing, computing, and networking through cloud-based infrastructure. This is because cloud infrastructure is flexible, agile, and cost-efficient. A clear understanding of SDN technology is necessary to implement cloud computing services effectively within an organization. SDN technology can address the concurrent needs for virtualization, mobility, agility, and management in modern network environments and tackle the reliable delivery of new services and applications in the cloud. Currently, the majority of enterprises have infrastructure-based solutions such as infrastructure-as-a-service (IAAS). Thus, these factors are expected to propel the global software defined networking (SDN) market growth over the forecast period.

Global Software Defined Networking Market Opportunities:

Rising acceptance of BOYD culture can present lucrative growth opportunities

Bring your own device (BOYD) is a policy allowing employees to bring their devices to their workplace and use both devices to access company information and application. BOYD is an emerging trend in the SDN market that poses major opportunities. Many enterprises do not allow employees to bring their devices to the workplace due to the risk of the company’s confidential data and information leakage. However, with the security benefits of SDN technology, they are allowing BYOD policy in their organization. It is estimated that in coming years, the majority of the IT organization will allow BYOD policy to their employees as they would find it more familiar to use and thus, may become more productive.

Global Software Defined Networking Market Restraints:

Lack of standardization in SDN technology is expected to restrain growth of the global software defined networking (SDN) market during the forecast period

Currently, there are no particular standards for SDN controllers, which is a major problem in finding the best and the most adaptable standard for the environment. Administrators are focused on creating customized solutions and investing more time in trying to find and adopt the best SDN solution. Conventional networking requires separate networks and management applications for wireless connectivity. Moreover, many SDN offerings are still incomplete and require extensive customization. Thus, many IT organizations are building and creating their own standards for SDN technology. Thus, such factors are expected to restrain the growth of the global software defined networking (SDN) market during the forecast period.

Challenges associated with interoperability are expected to hamper the global software defined network (SDN) market growth over the forecast period

Emerging service needs to perform well in the existing network, in order to achieve widespread implementation. Although vision SDN technology is lucrative, many vendors and service providers find it challenging to move from their legacy systems. This is due to the fact that SDN technology requires a new and different hardware and software setup. Moreover, it requires standard protocols and APIs. Besides, SDN networks cannot perform on legacy network infrastructure. Interoperability is a key challenge in the success of SDN technology at present. Therefore, these factors are expected to hamper the market growth over the forecast period.