The market for SDN and NFV is expected to grow from USD 3.68 Billion in 2017 to USD 54.41 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 71.4%.
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The research methodology used to estimate and forecast the global SDN and NFV market size began with the capturing of data on the key vendor revenues through secondary research by referring to sources that included annual reports, Institute of Electrical and Electronic Engineers (IEEE), Factiva, Bloomberg, and press releases.
The major vendors in the Software Defined Networking Market are International Business Machines Corporation (US), Cisco Systems, Inc. (US), Hewlett Packard Enterprise Co. (US), Juniper Networks (US), Huawei Technologies Co., Ltd. (China), NEC Corporation (Japan), Pica8 (US), Brocade Communications Systems, Inc.
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Vendor offerings were also taken into consideration to determine the market segmentations. The bottom-up procedure was employed to arrive at the overall market size from the revenues of the key market players.
After arriving at the overall market size, the total market was split into several segments and sub segments, which were then verified through primary research by conducting extensive interviews with key individuals, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall Software Defined Networking Market engineering process and arrive at the exact statistics for all segments and subsegments.
The breakdown of the profiles of the primary participants is depicted in the figure given below:
- Telecommunication service providers
- Mobile network operators
- IT suppliers
- Cloud service providers
- Enterprise data center professionals
- Networking and telecommunication companies
- Data center software vendors
- Infrastructure architects
- Government councils
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North America is expected to have the largest market size during the forecast period. Factors, such as the growth of innovative technologies, including cloud computing, mobility services, virtualization of network, and Bring Your Own Device (BYOD) are driving the adoption of SDN and NFV in the region.
Moreover, the region is witnessing the development of favorable standards and networking regulations for boosting the SDN and NFV market. Another factor contributing to the advancement of SDN and NFV in the region is high industrialization.
North America is a major region for the growth of the SDN and NFV market, and is expected to continue being so in the future. The region has gained a lot of momentum in SDN and NFV-related technologies, such as NFV.
Table of Contents
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
188.8.131.52 Key Industry Insights
2.2 Market Size Estimation
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunities in the Software Defined Networking Market
4.2 SDN and NFV Market, By Region (2017 vs 2022)
4.3 Global SDN and NFV Market, By End-User and Region, 2017
4.4 Lifecycle Analysis, By Region
5 Software Defined Networking Market Overview and Industry Trends
5.1 Market Overview
5.2 Market Dynamics
5.4.1 Transparent Interconnection of Lots of Links (TRILL)
5.4.2 Virtual Ethernet Port Aggregator (VEPA)
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SDN and NFV revolutionize the existing networking and data center infrastructure. SDN, combined with the innovative idea of NFV, eliminates physical infrastructure limitations of networks.
This offers a cost-effective, application-centric networking approach, with an aim to lower down the operational cost, thereby reducing latency and resulting in efficient network traffic management.
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