SOFTWARE DEFINED NETWORKING MARKET ANALYSIS

Software Defined Networking Market, By End use (Enterprises, Cloud Service Providers, and Telecommunications Service Providers), By Solutions (SDN Switching, SDN Controllers, Cloud Provisioning and Orchestration, and Others (Security and Services)), By Region (North America, Latin America, Europe, Middle East& Africa, and Asia Pacific)

Published In : Apr 2023
Code : CMI4356
Pages :130
Formats :
Excel and PDF
Industry : Information and Communication Technology

Software Defined Networking MarketSize and Trends

Global Software Defined Networking Market Trends:

Development of open source SDN is another major trend

Key players in the market are focused on the development of open source SDN, in order to expand their consumer base and gain a significant advantage. For instance, Open Network Operating System (ONOS) is an open-source SDN controller used to build next-generation SDN/NFV solutions. It acts as an extensible, modular, distributed SDN controller.

SDN a vibrant market

Software-defined networks are a booming industry. Software companies that supply SDN tools are prospering. This comprises a variety of virtual networking security solutions, software-defined wide area networks (SD-WANs), and SaaS apps. According to Dell'Oro Group, the need for these software-defined services and tools is rapidly increasing. By 2026, the market for network security and services is expected to earn more than half of the US$ 33 billion overall revenue, according to its experts.