Software Defined Networking (SDN) and Network Function Virtualization (NFV) Market to 2025

Software Defined Networking (SDN) and Network Function Virtualization (NFV) Market to 2025 - Global Analysis and Forecasts by Solutions, Services, Verticals and Organization Size

The “Software Defined Networking (SDN) and Network Function Virtualization (NFV) Market to 2025 - Global Analysis and Forecasts by Solutions, Services, Verticals and Organization Size” report provides a detailed overview of the major factors impacting the global market with the market share analysis and revenues of various sub segments.

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Network function virtualization (NFV) and software defined networking (SDN) are composed to convert service and network architecture. SDN was created with a view to control network devices without the requirement to modernize the software on every device each time a new protocol was created. By making the devices configurable and programmable centrally, researchers increased the skill to automate network behaviors rapidly and also, increase the level of control over their networks. SDN is an approach to design, build and manage networks. NFVs are software operations of network functions that can be arrayed on a NFV infrastructure.

Lack of skills and a clear business case creates challenges in the organization that diminishes the value of SDN and NFV, even though the demand for the NFV and SDN technologies in high, which may create integration problems. SDN is generating effective and efficient networking environment in various industry verticals, industries such as Telecom & IT and cloud service providers, apart from other industries, are massive users of SDN and NFV. The major restraints of the global SDN and NFV market are the safety issues linked to data transfer and insufficiency of industry standard.

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The global SDN and NFV market is segmented on the basis of solution which includes SDN application platform & controller, security technologies, software-defined storage platforms, routers and switches. The global SDN and NFV market is further segmented by service into network security & analyses, support & maintenance, consulting & integration and other professional services. Furthermore, the market is segmented by verticals that includes telecom & IT, consumer goods and retail, manufacturing, BFSI, academia & research and government & defense. It is also segmented on the basis of organization size which is large scale, medium scale and small scale enterprises. It is further bifurcated on the basis of regions into North America, Europe, Asia Pacific, South America and Middle East & Africa.

Opportunities such as increased adoption of private clouds and innovative services by telecom operators, growing SDN infrastructure, value-added resellers (VARS) & vendors and advancement in technology are available for existing and new NFV and SDN market players. North America is a leader in the global market for SDN and NFV. Europe is the next biggest contributor after North America. However, Asia Pacific is the fastest growing SDN and NFV market and predicted to replace Europe during the forecast period.

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Cisco Systems Inc., NEC Corporation, Aricent, Oracle Corporation, Arista Networks, BigSwitch Network, ADARA Networks, Hewlett-Packard, DELL Inc., Enterasys Networks, Brocade, Huawei, Verizon Communications, Juniper Networks, Cumulus Networks, Pica8 Inc., Intel Corporation, PLEXXI, Inc., 6WIND, Extreme Networks, Inc., Alcatel-Lucent, BTI Systems, ADVA Optical Networking, Ericsson, Ciena Corporation, Citrix F5 Networks Inc. and VMware, Inc. among others are some of the chief players in the industry.

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