Networking architecture known as software-defined networking (SDN) was created to separate network management from the main network infrastructure. SDN enables administrators to adapt network traffic flow to accommodate technological advancements. The software-defined network contributes to the reduction of statically defined networks' complexity and the acceleration of application and service installation. Additionally, it makes it easier to set up and upgrade network resources. In order to improve the networking capabilities of the 5G infrastructure, SDN architecture is widely used.
Significant telecom service providers' growing investments in 5G infrastructure will enhance connectivity and accelerate the adoption of SDN solutions. Additionally, the development of the 5G infrastructure network will support the market expansion for SDN. As an illustration, by 2023, China's telecom service providers, such as China Telecom, China Mobile, and China Unicom, plan to invest about US$180 billion. This investment was made to build the 5G infrastructure, which is expected to accelerate the growth of the SDN market.
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The industry concentration ratio and the most recent developments for the market share are shown using tables, figures, graphs, and charts. The report covers product classification, application areas, and geographic regions to explain the perception and scope of the market. Both quantitative and qualitative data from primary and secondary statistical sources are included in the study. This report offers detailed support for businesses and people interested in the market by providing important statistics on the state of the industry. Enhancing the fundamental leadership capabilities of clients and new players in the industry is one of the main objectives of this report.
Top Key Players:
Huawei Technologies Co. Ltd., IBM Corporation, NEC Corporation, Cisco Systems, Inc., Ciena Corporation, Hewlett Packard Enterprise Company, Intel Corporation, Juniper Networks Inc., Big Switch Networks Inc., Pluribus Networks Inc., and Brocade Communications Systems Inc. are just a few examples of major international players in software-defined networking.
The Regional Evaluation
Globally, the Asia Pacific market is expected to grow with a decent CAGR during the projected period. Technology advancements like cloud computing and network virtualization are credited for this market expansion. Furthermore, the significant investments made by top telecom service providers will contribute to improving the connectivity infrastructure in this area, which will accelerate the uptake of SDN solutions. Additionally, major players are concentrating on acquiring local suppliers to improve their business operations in this area. For instance, Hewlett Packard Enterprise (HPE) successfully acquired Plexxi in May 2018 so that HPE's software-defined infrastructure could be combined with Plexxi's next-generation data center fabric. With this acquisition, bandwidth could be generated and rebalanced automatically.
The "Software Defined Networking Market" by Fortune Business Insights is a comprehensive analysis of the market that spans over 60 geographies and offers high-level market segmentation for each one. In the section on regional and national breakdowns, the market in each geography is examined, along with market size by region and nation. It also evaluates the market's past and projected growth, highlights significant trends, and discusses corporate expansion strategies.
Segmentation of the Global Software Defined Networking Market
By Component:
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Solution
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SDN Controller
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Physical Network Infrastructure
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SDN Application
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Services
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Proficient Services
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Managed Services
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By End-User:
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Enterprises
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BFSI
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IT services
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Healthcare
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Government and Defense
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Manufacturing
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Consumer Goods and Retail
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Others
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Telecom Service Provider
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Service Provider
By Region
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North America (U.S., Canada, and Mexico)
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Europe (U.K., Germany, France, Italy, Spain, Russia, Benelux, Nordics, and Rest of Europe)
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the Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, and Rest of Asia Pacific)
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Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, and Rest of MEA)
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South America (Brazil, Argentina, and the Rest of South America)
The study examines several crucial elements to comprehend the market, such as the most recent market dynamics, growth potential, development trends, market challenges, development threats, and risk factors. The information is easy to understand thanks to this comprehensive market overview. In addition to offering short- and long-term market forecasts, the study provides an analytical stance on the pertinent global market sector.
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The report considers the following significant parameters:
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Size of the global market (in terms of both value and volume), by important business segments, and by promising and developing regions
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Trends that could influence the market
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Options and preferences of consumers, as well as the landscape of vendors and suppliers
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Opportunities for growth that are anticipated during the forecast period
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Problems and restrictions faced by the industry
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Dynamic and trending patterns of consumer spending
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Additional advancements
The Report Responds to the following Frequently Asked Questions
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How much money is made on the market globally through sales, production, and consumption?
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Who are the leading manufacturers in the Market globally?
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Which goods/market segments/applications/fields should I invest in during the market assessment period?
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What challenges and opportunities do global market vendors face?
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What are the main market trends that are influencing the market's expansion?
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How big is the market at the national and regional levels?
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What are the main effects predicted by Porter's five forces model?
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What tactical approaches are considered advantageous for entering the market?
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