Global Software-Defined Networking (SDN) Market 2019-2023
A key factor driving the global software-defined networking market size
is the increasing demand for cloud solutions. The adoption of cloud
solutions is increasing significantly owing to benefits such as low
operational expenditure and the facility to scale-up or scale-down the
workload. Cloud data centers have also been growing rapidly over the
past few years to meet the rising demand from enterprises. Moreover,
there is a growing need for better infrastructure to handle the
increasing network traffic and to address the demand for higher
bandwidth requirements. Software-defined networking (SDN) is considered
as a potential solution to meet this challenge and is increasingly being
adopted by enterprises. Thus, the increasing demand for cloud solutions
is expected to stimulate the growth of the SDN market during the
forecast period.
Global Software-Defined Networking Market: Demand for Intent-Based Networking
Enterprises are increasingly focusing on adopting technologies such as AI, ML, and DL to enhance their existing infrastructure and operations. This is increasing the demand for intent-based networking that leverages ML and AI to fully automate the administrative tasks in the network. Intent-based networking overcomes some of the challenges in SDN by offering additional capabilities through three elements such as translation, assurance, and activation. Thus, the increasing demand for intent-based networking is expected to be a key SDN market trends during the forecast period.
Global Software-Defined Networking Market: Segmentation Analysis
This market research report segments the global software-defined networking market by component (physical network infrastructure, SDN applications, and controller software), and geographic regions (North America, APAC, Europe, South America, and MEA).
The North American region led the software-defined networking market in 2018, followed by APAC, Europe, South America, and MEA respectively. The growth of the software-defined networking market in North America can be attributed to factors such as the increasing demand for 5G-enabled Internet of things (IoT) and the growing demand for high connectivity with low latency from industries such as content and digital media, and BFSI.
Global Software-Defined Networking Market: Demand for Intent-Based Networking
Enterprises are increasingly focusing on adopting technologies such as AI, ML, and DL to enhance their existing infrastructure and operations. This is increasing the demand for intent-based networking that leverages ML and AI to fully automate the administrative tasks in the network. Intent-based networking overcomes some of the challenges in SDN by offering additional capabilities through three elements such as translation, assurance, and activation. Thus, the increasing demand for intent-based networking is expected to be a key SDN market trends during the forecast period.
Global Software-Defined Networking Market: Segmentation Analysis
This market research report segments the global software-defined networking market by component (physical network infrastructure, SDN applications, and controller software), and geographic regions (North America, APAC, Europe, South America, and MEA).
The North American region led the software-defined networking market in 2018, followed by APAC, Europe, South America, and MEA respectively. The growth of the software-defined networking market in North America can be attributed to factors such as the increasing demand for 5G-enabled Internet of things (IoT) and the growing demand for high connectivity with low latency from industries such as content and digital media, and BFSI.
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