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Software-Defined Networking Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Global Software-Defined Networking MarketSoftware-defined networking (SDN) encompasses different types of network technology that are aimed at making the network as flexible and agile as the virtualized server of the modern data center. The primary goal of SDN is to allow engineers and network administrators to respond effectively to changing business requirements. In such a network, the network administrator can control traffic from a centralized control console without having to touch individual switches. Functional separation, automation through programmability, and network virtualization are the key technologies covered under SDN.
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The global Software-Defined Networking market was valued at US$ 10550 million in 2022 and is anticipated to reach US$ 33760 million by 2029, witnessing a CAGR of 21.4% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Software-Defined Networking is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Software-Defined Networking is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The global market for Software-Defined Networking in Telecom & IT is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Software-Defined Networking include IBM, HP, VMWare, Brocade Communications, Cisco Systems, Ericsson, NEC, Nokia (Alcatel-Lucent) and Verizon Enterprise, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Software-Defined Networking, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Software-Defined Networking.
The Software-Defined Networking market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Software-Defined Networking market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Software-Defined Networking companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
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Key Segmentations
By Company
• IBM
• HP
• VMWare
• Brocade Communications
• Cisco Systems
• Ericsson
• NEC
• Nokia (Alcatel-Lucent)
• Verizon Enterprise
• Juniper Networks
• Huawei
Segment by Type
• Physical Network Infrastructure
• Controller Software
• SDN Applications
• Others
Segment by Application
• Telecom & IT
• BFSI
• Education
• Consumer Goods & Retail
• Healthcare
• Government & Defense
• Others
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