|[April 16, 2014]
Research and Markets: Global Software Defined Networking (SDN Switching, Controllers, Cloud Virtualization) Market 2014-2019
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/352cz8/software_defined)
has announced the addition of the "Software
Defined Networking (SDN) Market (SDN Switching, Controllers, Cloud
Virtualization application, Network Virtualization Security, End-Users)
- Global Advancements, Market Forecasts and Analysis (2014 - 2019)"
report to their offering.
The global SDN market by revenues is estimated to grow from $290 million
in 2014 to $3,670 million by 2019. This represents a Compound Annual
Growth Rate (CAGR) of 66.1% from 2014 to 2019.
Telecommunication providers have been looking for ways to optimize costs
and increase network efficiency over the last decade. At the same time,
the industry is also witnessing a huge push for newer forms of
networking that are faster, simpler, and easier to manage. In this
aspect, Software-Defined Networking (SDN) has grown into the key
technology to address this trend.
SN is a first of its kind networking concept that has picked up
significant market traction over the last year. The technology helps
communication providers to redirect network traffic and ease network
congestion, ultimately resulting in significant cost savings that can be
utilized to drive core business goals. Whereas the SDN and network
virtualization market is presently at a nascent fragmented stage,
industry consolidation is set to happen in the near future, driving
better adoption with concentrated messaging in enterprises.
The market for SDN will evolve gradually from being a standards-driven
one to becoming a function of software development, which would
ultimately revolutionize network utilization and become inevitable. Over
the next 5 years, SDN is expected to become highly pervasive, ubiquitous
across telecom networks, and penetrating into enterprise networks.
The major forces driving the market are factors such as network
expansion, telco Operating Expenditure (OPEX (News - Alert)) savings, and mobility,
which will positively impact the SDN market because of the global push
for mobility. At the same time, opportunities in controller applications
and Value-Added Resellers (VARs) products will benefit the growth in
Key Topics Covered:
SDN And Network Virtualization: Technology Trends , Standards,
Business Model And Adoption Factors
SDN Market Size, Analysis And Forecast By Solution
SDN, Market Analysis And Forecast By End Users
SDN, Market Analysis And Forecast By Region
SDN, Competitive Landscape
Cisco Systems, Inc.
Dell (News - Alert) Inc.
For more information visit http://www.researchandmarkets.com/research/352cz8/software_defined
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