Software-Defined Networking: Technologies and Global Markets
The global market for software-defined networking (SDN) was nearly $1.9 billion in 2014. The market is expected to reach $56.1 billion by 2020 from nearly $2.4 billion in 2015, increasing at a compound annual growth rate (CAGR) of 88.1% from 2015 to 2020.
The North American market is expected to grow from $1.1 billion in 2015 to $26.8 billion in 2020 at a CAGR of 88.7% for the period 2015-2020.
The Asia-Pacific market will grow from $235 million in 2015 to nearly $8.6 billion in 2020 at a CAGR of 105.2% for the period 2015-2020.
