|[March 15, 2017]
Global Software Defined Networking (SDN) Market Forecasts from 2016 to 2021: Market Growth at CAGR of 53.13% to reach $42.15 Billion - Research and Markets
Research and Markets has announced the addition of the "Software
Defined Networking (SDN) Market - Forecasts from 2016 to 2021"
report to their offering.
Global Software Defined Networking Market is projected to expand at a
CAGR of 53.13% over the forecast period to increase from US$3.270
billion in 2016 to US$42.157 billion in 2021.
This technology has revolutionized the networking structure by providing
a flexible way to manage and delegate complex networks through efficient
resources and data traffic management. Rising demand for better
technology and surging cloud services are expected to fuel the market
growth. Another positive factor impacting the market is the need for
simplifying the task of networking and to reduce the requirement for
traditional networking structure.
North America accounted for the major share of the SDN market in 2016
Asia Pacific region is projected to witness the fastest growth over the
forecast period and is expected to become the second biggest market by
2021. Furthermore, the growing need for technological advancement is the
way forward for the key players.
Key industry players profiled as part of this section are Dell, Cisco
Systems, Intel, IBM, and NEC (News - Alert) Corporation among others.
By Solution Type:
Virtualization and control service
Application and Network Service
Telecom & IT
By End User:
Telecommunication Service Providers
Cloud Service providers
Big Switch Networks
Cisco Systems (News - Alert)
Oracle (News - Alert) Corporation
For more information about this report visit http://www.researchandmarkets.com/research/kfxsjl/software_defined
View source version on businesswire.com: http://www.businesswire.com/news/home/20170315006066/en/
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