World SDN Marketplace to Register 31.2% CAGR to 2025, Expects The Insight Partners in Its New Report Available at MarketPublishers.com
29 Mar 2017 • by Natalie Aster
LONDON – Globally, the software defined networking (SDN) market is expected to increase from a value of USD 1.62 billion as of 2015 to reach USD 23.95 billion by 2025, registering an impressive 31.2% CAGR over the forecast period.
With respect to end-use verticals, the telecommunications & IT sector captured the lion’s share of the software defined networking market as of 2015.
North America’s SDN market is expected to be the most prominent revenue contributor globally owing to remarkable technology developments and significant increase in the implementation of SDN technology in various application areas. Europe comes the second in terms of adoption of SDN solutions.
Meantime, the APAC region is losing ground to the above 2 regions. Nevertheless, fast developing economies in the region with prominent growth in the IT sector will likely lay the reliable foundation for the uptake of the technology, thus, boosting the regional market for SDN. The APAC SDN market is poised to record the highest CAGR during the forecast period.
Huawei, Cisco, Juniper Networks, VMware, NEC, Hewlett Packard Enterprise, Cumulus Networks, IBM Corporation, Brocade and Broadcom communication systems, amid others, are the top players of SDN marketplace.
Comprehensive research report “Software Defined Networking (SDN) Market to 2025” drawn up by The Insight Partners offers an insightful, comprehensive analysis of the SDN marketplace on a global level. The study takes an all-round look at the present-day market performance and provides detailed forecasts for the market through to 2025.
The report provides the market segmentation analysis on the basis of solutions, end-use sectors and by industry verticals. A granular geographic segmentation of the marketplace is included as well, covering 5 key regions and major countries. The report limelights the market dynamics that is expected to shape the market in the offing. It scrutinises the competitive landscape, pinpoints top geographical trends and outlines key opportunities in the market pertaining to all geographic regions. The research study profiles the dominant market players in tandem with their market strategies. It includes PEST analysis and SWOT analysis for each of the companies profiled in the publication.
More in-demand research studies by The Insight Partners can be found at its page.