“The increasing need for simplified network architecture and enhanced security is expected to drive the growth of the software-defined everything and networking technologies”
Top 10 SDx and Networking Technologies (SDN & NFV, Software-Defined WAN, V-CPE, Wi-Fi-as-a-Service, Software-Defined Storage, Software-Defined Security, CDN, Software-Defined Data Center, Network Analytics, Unified Network Management)
The top 10 Software-Defined Everything (SDx) and networking technologies market is expected to grow at a significant rate between 2016 and 2021. This report covers the major SDx and networking technologies, such as Software-Defined Networking (SDN) & Network Function Virtualization (NFV), Software-Defined Wide Area Network (SD-WAN), Virtual Customer Premises Equipment (V-CPE), Wi-Fi-as-a-service, software-defined storage, software-defined security, Content Delivery Network (CDN), Software-Defined Data Center (SDDC), network analytics, and unified network management, along with their market trends between 2015 and 2021.
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“Increasing need for mobility services and reduced operating expenditure fueling the growth of the software-defined wide area network market”
The SD-WAN market is expected to grow from USD 738.9 million in 2016 to USD 9,066.2 million in 2021, at a Compound Annual Growth Rate (CAGR) of 65.1% during the forecast period. The adoption of SD-WAN solutions by the enterprise user creates flexibility and combines the multiple channels to synchronize with the available network, resulting in a decrease in the bandwidth cost.
The major factor driving the SD-WAN market in North America is the increasing bottleneck on the existing network deployed within the enterprise premises. The other driver is the rapidly increasing digital traffic, leading to spectrum congestion, and poor Quality of Service (QoS) to subscribers.
The Asia-Pacific (APAC) region is expected to grow at the highest CAGR for the forecast period.
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