Software-Defined Networking Market is expected to reach US$ 95 Billion in 2032

According to a Future Market Insights analysis report, the global market for software-defined networking had sales of US$16 billion in 2021. The market is anticipated to increase by 17.2% between 2022 and 2032, reaching a US$ 95 Bn valuation by that year. According to the Software-Defined Networking Market research by Future Market Insights, a provider of market research and competitive intelligence, historically, from 2015 to 2021, market value of the Software-Defined Networking Market increased at about 19.8% CAGR.

SDN via Overlay is expected to be the highest revenue-generating segment, projected to grow at a CAGR of around 17.8% between 2022 and 2032. There is a demand for because of the significant development in size and complexity of network infrastructures over the past ten years.

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Global Software Defined Networking Market: Drivers and Challenges 

Technological advancements in cloud computing and data center are contributing immensely in the growth of global Software Defined Networking market. Some of the big players of the market such as VMware and Cisco are offering separate Software Defined Networking solution for data center. 

Software Defined Networking deployment in data center is reducing downtime and increasing productivity of business organizations. In addition to this, increasing data consumption via mobile devices and growth in OTT services are putting enormous pressure on telecom service providers to digitalize their existing 3G and 4G networks. 

To meet increasing demand of data consumption, telecommunication service providers are transforming their networks with the help of Software Defined Networkingtechnology. 

Though Software Defined Networkingfacilitates network operators to control switches and routers through software but it doesn’t virtualize functions and commands. In other worlds, Software Defined Networkingdoesn’t allow to run the central network in software hardware. 

Moreover, enterprises are still reluctant to adopt Software Defined Networkingtechnology to some extent. They have fear that services running on their existing network will get hampered.

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Competitive Analysis

Network Equipment Providers (NEPs), network operators, corporations, and end users are key actors in the SDN value chain. Among the NEPs, the key players include

• Alcatel-Lucent,
•  Cisco,
• NEC,
• IBM, VMware, and
• Juniper Networks.

They create SDN controller functions as well as simulated switches and routers. They provide a comprehensive variety of technologies and turnkey services that will be critical in driving SDN into conventional data centre applications.

As new SDN entrants emerge and dominate the legacy networking system, SDN technology is exposed to a long-term challenge to incumbent hardware-based networking equipment providers. Furthermore, market rivalry and increasing network complexity have increased demand for network robustness, network efficiency, and cloud services.

Software-Defined Networking Market Segmentation

By SDN Type:

• Open SDN
• SDN via API
• SDN via Overlay

By End-User:

• Service Providers
• Enterprises

By Organization Size:

• Small & Medium Enterprises
• Large Enterprises

By Application:

• BFSI
• ITeS
• Education
• Retail
• Manufacturing
• Government & defence
• Healthcare
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America

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Table of Content
1. Executive Summary

1.1. Global Market Outlook

1.2. Summary of Statistics

1.3. Key Market Characteristics & Attributes

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage

2.2. Market Definition

3. Market Risks and Trends Assessment

3.1. Risk Assessment

3.1.1. COVID-19 Crisis and Impact on Market

3.1.2. COVID-19 Impact Benchmark with Previous Crisis

3.1.3. Impact on Market Value (US$ Mn)

3.1.4. Assessment by Key Countries

3.1.5. Assessment by Key Market Segments

3.1.6. Action Points and Recommendation for Suppliers