Global Software-Defined Networking (SDN) Market 2024-2028

Global Software-Defined Networking (SDN) Market 2024-2028
The software-defined networking (SDN) market is forecasted to grow by USD 67378.74 mn during 2023-2028, accelerating at a CAGR of 29.04% during the forecast period. The report on the software-defined networking (SDN) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high demand for cloud solutions adoption by enterprises, increasing demand from enterprises for data center modernization, and increasing number of data center investments.

Technavio's software-defined networking (SDN) market is segmented as below:

By End-userBFSIHealthcareRetailEducationOthersBy ComponentPhysical network infrastructureSDN applicationsController softwareBy Geographical LandscapeNorth AmericaAPACEuropeSouth AmericaMiddle East and AfricaThis study identifies the rise of IoT and edge computing as one of the prime reasons driving the software-defined networking (SDN) market growth during the next few years. Also, demand for intent-based networking and growing demand for software-defined wide area networks (SD-WAN) will lead to sizable demand in the market.

The report on the software-defined networking (SDN) market covers the following areas:Software-defined networking (SDN) market sizingSoftware-defined networking (SDN) market forecastSoftware-defined networking (SDN) market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading software-defined networking (SDN) market vendors that include Arista Networks Inc., AT and T Inc., Broadcom Inc., Ciena Corp., Cisco Systems Inc., Dell Technologies Inc., Extreme Networks Inc., Hamburgnet eK, Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., International Business Machines Corp., Juniper Networks Inc., Kyndryl Inc., Nokia Corp., NVIDIA Corp., Oracle Corp., Schweitzer Engineering Laboratories Inc., Telefonaktiebolaget LM Ericsson, VMware Inc., and Wipro Ltd.. Also, the software-defined networking (SDN) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth