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The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.
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Software-Defined Networking (SDN), a revolutionary technology, is transforming the networking industry. The architecture separates the control plane from the data plane, enabling centralized management and automation of network functions. This innovation brings agility, flexibility, and efficiency to enterprise networks. The market is experiencing significant growth due to its ability to address modern networking challenges. With SDN, organizations can easily implement traffic engineering, network security, and application optimization.
Moreover, the open standards and interoperability make it an attractive choice for businesses seeking seamless integration with their existing infrastructure. companies like SDN, Cisco, and Juniper Networks are investing heavily in R&D to deliver advanced features and functionalities. The market is expected to grow at a CAGR of 25% between 2021 and 2026, driven by increasing adoption in various industries, including telecommunications, healthcare, and finance. In conclusion, Software-Defined Networking is a game-changer in the networking landscape, offering numerous benefits to organizations. Its market is poised for exponential growth, driven by the demand for agile, flexible, and efficient networking solutions.
Market Scope |
|
Report Coverage |
Details |
Page number |
186 |
Base year |
2023 |
Historic period |
2018-2028 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 29.04% |
Market growth 2024-2028 |
USD 67.37 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
28.55 |
Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
Performing market contribution |
North America at 38% |
Key countries |
US, Australia, China, Japan, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Arista Networks Inc., AT and T Inc., Broadcom Inc., Ciena Corp., Cisco Systems Inc., Dell Technologies Inc., Extreme Networks Inc., Hamburgnet eK, Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., International Business Machines Corp., Juniper Networks Inc., Kyndryl Inc., Nokia Corp., NVIDIA Corp., Oracle Corp., Schweitzer Engineering Laboratories Inc., Telefonaktiebolaget LM Ericsson, VMware Inc., and Wipro Ltd. |
Market dynamics |
Parent market analysis, market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the market forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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The software-defined networking (SDN) market size is forecast to increase by USD 67.37 billion, at a CAGR of 29.04% between 2023 and 2028. Market growth hinges on several factors such as the escalating demand for cloud solutions adopted by enterprises seeking scalability and flexibility, an increasing emphasis from enterprises on modernizing data centers for enhanced efficiency and security, and the rising influx of investments into data centers. These trends underscore a fundamental shift in business strategies towards digital transformation, where cloud technologies and modern data center infrastructures play a pivotal role in meeting evolving business needs. As enterprises navigate the complexities of digitalization, the convergence of cloud solutions and data center modernization emerges as a crucial driver propelling market expansion and technological innovation in the industry.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Component
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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