[August 15, 2017]

Global Software-Defined Networking and Network Function Virtualization Market 2017-2022: Market is Expected to Grow at a CAGR of 71.4% - Research and Markets

The "Software-Defined Networking and Network Function Virtualization Market by Component (Solution (Software (Controller, and Application Software), Physical Appliances), and Service), End-User, and Region - Global forecast to 2022" report has been added to Research and Markets' offering.

The market for SDN and NFV is expected to grow from USD 3.68 million in 2017 to USD 54.41 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 71.4%.

The increasing evolution and demand in mobility, the increased network complexity and varied traffic pattern, and the surge in demand for cloud service, data center consolidation, and server virtualization are the major factors driving the growth of the global SDN and NFV market.

The governance and security standards, coupled with the lack of knowledge among end-users and enterprise, and the difficulty in balancing SDN with the traditional technology are acting as the obstacles for the growth of the SDN and NFV market.

Large eterprises have large network infrastructures and they rely on networks to carry out their daily business activities and coordinate with their other geographically spread out assets. SDN solutions provide a cheaper way to manage the entire network from a central location and provide real-time bandwidth management of the network to deliver critical business applications at higher speeds.

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.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Software Defined Networking Market Overview and Industry Trends

6 Software Defined Networking Market Analysis, By Component

7 Software Defined Networking Market Analysis, By End-User

8 Geographic Analysis

9 Competitive Landscape

10 Company Profiles

• Big Switch Networks, Inc.
• Brocade Communications Systems, Inc.
• Ciena Corporation
• Cisco Systems (News - Alert), Inc.
• Hewlett Packard Enterprise Co.
• Huawei Technologies Co., Ltd.
• Intel Corporation
• Juniper Networks (News - Alert), Inc.
• NEC Corporation
• Pica8, Inc.
• Pluribus Networks Inc.

For more information about this report visit https://www.researchandmarkets.com/research/8zxr7m/softwaredefined

View source version on businesswire.com: http://www.businesswire.com/news/home/20170815005495/en/

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