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New York, US, Oct. 11, 2022 (GLOBE NEWSWIRE) — According to Market Research Future (MRFR), “Software-Defined Networking Market By Organization Size, By Component, By Application, By Solution and By End-User – Global Forecast till 2030”, the global market will reach USD 37.71 billion by 2030, growing at a 21.24% CAGR from 2022 to 2030.
Software-defined Networking Market Overview
The global software-defined networking market is growing continually. The rapid proliferation of IoT, 5G, and Industry 4.0 across industries is a key driving force behind the market growth. Software-defined technologies, such as SDN, SDDC, SDS, and SDI, witness rapid adoption in telecom and information technology-enabled services (ITES) industries. Also, growing needs for expanded telecom network capabilities propel the adoption of SDN on a large scale. Mobile operators are increasingly facing pressure to offer optimal networks for various business models through SDN capability
Top Key players active in the SDN market are,
- Intel Corporation (US)
- Pluribus Networks Inc. (US)
- Hewlett Packard Enterprise Company (US)
- Huawei Technologies Co. Ltd.(China)
- Cisco Systems Inc. (US)
- Juniper Networks Inc. (US)
- NEC Corporation (Japan)
- Pica8 Inc. (US)
- IBM Corporation (US)
- Brocade Communications Systems Inc. (US)
- Big Switch Networks Inc. (US)
- Ciena Corporation (US)
- Ulak Communications (US)
- Dell EMC (US)
- Citrix (US)
- Arista Networks (US)
- Extreme Networks (US)
- Infovista (US)
- Scale Computing (US)
- DataCore Software (US)
- Pivot3 (US)
- Hivel (US)
- Lenovo (HongKong)
- Cumulus Network (US)
- and Fujitsu (Japan)
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Software-defined networking (SDN) is the most important aspect of software-defined everything (SDx) technology. The market is growing with the expanding awareness of software-defined everything technology among organizations. IoT and smart technologies are evolving continuously, which increases the adoption of private cloud…
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