Software Defined Networking (SDN) Market which provides a centralized controller, in conventional network architectures, each network device requires to be configured individually. As a outcome, high degree of dependency on vendor-specific tools and instructions is observed. Software defined network promotes scalability and flexibility in the network with helping streak lines activities; its use is increased by telecom service providers, enterprises, and others. Mobile service operators have been increased subscribers base, as majority of the people all over the world utilize mobile devices. This trend is specifically common in developing nations, that has witnessed higher demand for tablets, mobile phones, phablets among the rest. Mobile network operator requires to make sure that their network is able of managing the burgeoning number of users, which is made possible by SDN.
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Therefore, increasing demand need for mobility is a main driving factor for this market. Moreover, SDN facilitates the establishment of virtualization, agility, cloud services, and effective network and others that is anticipated to drive the market growth. Lack of standardization in using and implementing of the technology may act as a restraint to the market over the forecast period. Increasing consumerization of IT has resulted into acceptance of Bring Your Own Device (BYOD) policies. This is anticipated to provide an opportunity for the worldwide SDN market, with a increasing number of companies targeting to utilize BYOD to get better productivity.
End Users Insights
Enterprises are anticipated to continue the major end user segment over the upcoming six years. The main factors driving SDN acceptance within enterprise premises which include enhancing the total infrastructure flexibility, with requirement to decrease the time-to-market of a variety of services and applications. In order for SDN to be deployed across the enterprise, it is essential to make sure entire knowledge of the implementation. Telecom service providers are anticipated to be the rapidly improving segment. There are many telecom service providers such as China Telecom, France Telecom, Telefonica and Singapore Telecom.
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Software Defined Networking solutions mainly comprise SDN controllers, cloud virtualization and SDN switching, while rest of the solutions mainly include network virtualization security. SDN switching is anticipated to profit from initial users; the solution comprise of hybrid switches, legacy, Programmable Flow Products (PFP) and routers etc. SDN controllers function as middleware and aid in effective networking by managing flow control between the network devices and the application. Cloud virtualization applications are estimated to be the biggest and fastest solution fragment over the forecast period.
North America dominated market share from past few years, that can be credited to higher mobility penetration and also improved cloud services into this regions. The Asia Pacific market is projected as rapidly developing market. All with these trends such as (BYOD) Bring Your Own Device driving the need for a manageable network. This is also an opportunity for potential market entrants as well as existing players to get market share.
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Software Defined Network major players include Cisco Systems, IBM Corporation, VMware, Juniper Networks, Hewlett-Packard, Alcatel-Lucent. Major players within the market are separated based on their manufacturing of products, such as services, software and hardware. The participants of Market have objective to offer end-to-end solutions, with existence across the value chain. Strategic collaborations, acquisitions and mergers are some of the main driving factors for the growth of market.
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