TechNavio's analysts forecast the Global Software-defined Networking market to grow at a CAGR of 151.12 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing virtualization in network environments. The Software-defined Networking market has also been witnessing the technological awareness through the Open Networking Foundation. However, the uncertainty in the market due to it being the early adoption stages of SDN could pose a challenge to the growth of this market.
The key vendors dominating this market space are Cisco Systems Inc., Hewlett-Packard Co., IBM Corp., and NEC Corp.
The other vendors mentioned in the report are ATandT Inc., Broadcom Corp., Brocade Communications Systems Inc., Citrix Systems Inc., Deutsche Telekom AG, Enterasys Networks Inc., Telefonaktiebolaget LM Ericsson, Extreme Networks Inc., Infoblox Inc., Intel Corp., IP Infusion, Juniper Networks Inc., Metaswitch Networks, Netgear Inc., Netronome Systems Inc., NTT Communications Corp. and Verizon Communications Inc., Dell Inc., Google Inc., VMware Inc., Adara Networks Inc., Arista Networks Inc., Big Switch Networks Inc., Chipstart LLC, Cumulus Networks Inc., Embrane Inc., Linerate Systems, Midokura, Nicira Networks Inc., Pertino Networks, Pica8 Inc., Plexxi Inc., PLUMgrid Inc., Varmour Networks Inc., Vello Systems, and Vyatta Inc.
According to the report, one of the main growth drivers is increasing virtualization in network environments. Customers in the past have often wished to tune their network but have been limited by the constraints in network management tools. Virtual networks can be programmed, bonded to workloads, and are scalable to demand.
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