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Software Defined Networking (SDN) Market Size, Forecasts & Analysis to 2024 - By End-Use, Service, Solution, Application, Region & Segment - Research and MarketsResearch and Markets has announced the addition of the "Software Defined Networking (SDN) Market 2014 - 2024" report to their offering. The global SDN market is estimated to reach USD 70.41 billion by 2024, according to this new report. Software defined networking has witnessed a surge in its popularity in the recent years and rightly so owing to the myriad benefits it offers over the existing legacy infrastructure. The SDN solutions provide centralized control and operational capabilities, which help the network administrators and engineers to respond quickly and efficiently. The SDN architecture comprises different tools and techniques, such as the controller, switches forwarding, and backplanes, among others, that make the systems more agile and flexible. SDN acts as a bridge between the applications and routers and switches to relay information and data between them. As they provide a virtualized view of the network and storage, the SDN solutions help in deploying applications and services at a fast pace. The demand for SD solutions is anticipated to be on the rise as there is a growing necessity for the increasing operability and bandwidth o the carrier networks for service providers as well as large enterprises. The increasing data traffic due to increased mobile devices, social media cloud computing, and even Internet of Things (IoT) is expected to propel the data traffic in the coming years, which will create a steep demand for enhanced networks. The CapEX and OpEX reduction afforded by the software defined networks, coupled with the pay-as-you-grow model, is helping the demand growth. The increasing applicability in the data center infrastructures and campus networks, as well as the presence of open source automation tools such as OpenStack, will fuel the market growth in the coming years. SD-WAN and convergence of SDN, NFV, and OpenFlow are the upcoming trends to watch for that may shape the developing industry. Companies Mentioned:
Key Topics Covered: 1 Methodology and Scope 2 Executive Summary 3 Software Defined Networking Market Variables, Trendsand Scope 4 Key Industry Insight 5 Software Defined Networking End-Use Estimates and Trend Analysis 6 Software Defined Networking Market Services Component Estimates & Trend Analysis 7 Software Defined Networking Solution Component Estimates and Trend Analysis 8 Software Defined Networking Market Application Component Estimates & Trend Analysis 9 Software Defined Networking Market Regional Estimates and Trend Analysis 10 Competitive Landscape For more information about this report visit http://www.researchandmarkets.com/research/f56f4f/software_defined View source version on businesswire.com: http://www.businesswire.com/news/home/20170202005610/en/ |
