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Global software-defined networking and network function virtualization market forecasts to 2022 insights shared in detailed report

Global software-defined networking and network function virtualization market forecasts to 2022 insights shared in detailed report

The increasing adoption of SDN and NFV technologies by telecom service providers has boosted the overall network capacity potential by delivering flexibility in bandwidth.

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The Software-Defined Networking (SDN) and Network Functions Virtualization (NFV) market 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%.

SDN transforms the network to a more open and programmable framework by implementing a decoupled centralized control layer, which in turn, enables implementation of NFV that optimizes network resources.

This in turn, reduces network congestions, enhances network user capacity (bandwidth requirement), and minimizes the cost associated with hardware requirement for network user expansions.

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This report studies the global Software-Defined Networking and Network Function Virtualization market, analyzes and researches the Software-Defined Networking and Network Function Virtualization development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like

Cisco Systems, Inc.

Hewlett Packard Enterprise Co.

Juniper Networks, Inc.

Huawei Technologies Co., Ltd.

NEC Corporation

Pica8, Inc.

Brocade Communications Systems, Inc.

Ciena Corporation

Intel Corporation

Pluribus Networks Inc.

Big Switch Networks, Inc.

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