The software-defined networking (SDN) is a new tactic that abolishes the static and composite nature of legacy disseminated network architecture with the perception of higher-level functionality. SDN offers a console interface, where professionals can maintain; break down networks and provisions without having to set up the physical devices. Moreover, the main objective of this to concede administrators and network engineers to respond speedily to transforming the requirements of the business. The growing network complexity and operational challenges have led the associations to deploy SDN, which are anticipated to develop the agility of the network, automation and decrease the cost of network operations. Nevertheless, the key players of this market are making a huge amount of investment for developing the techniques of doing work and specifications of the technology which further increase the demand and lead the market grew more significantly during the forecasted period.
According to the report analysis, ‘Enterprise SDN Market – Global Trends & Forecast up to 2022’ it is stated that there are several key players which are recently functioning in this market more significantly for acquiring the foremost share around the globe by adopting the effective strategies and policies after analyzing and investigating the profitable aspects of the market and upcoming trends includes VMware, Inc., Cisco Systems, Inc., Hewlett Packard Enterprise Development LP, Huawei Technologies Co., Ltd., Alcatel-Lucent SA, Ericsson, Big Switch Networks, Inc., Plexxi Inc., Pica8 Inc., & Pluribus Networks. Moreover, the focused key players of this market are working by folding up their sleeves which make the market more competitive and profitable for both the key players and investors. With the competitive nature of the enterprise SDN market the coming investors the investing more significantly for getting a high return on investment which further lead the market grew more significantly during the forecasted period.
Although, in the present trend, the SDN value chain players are aiming at the progression of their products/services with new features and applications to overcome the customer demands. The significant increase in the demand from the larger enterprises and SMEs has brought the new business opportunities for key stakeholders. Moreover, with the growing demand and investment by the players the market is spread across the globe which majorly includes the Americas, Europe, Asia Pacific, and Middle East & Africa. Meanwhile, the Americas is the leading the market for SDN key stakeholders and rising advanced technology landscape, investment from the enterprises, & changing customer requirements have made the region to be dominant in the enterprise SDN market. The Americas market revenue is anticipated to reach USD 12.2 billion by 2022. Moreover, Europe is the second prominent region followed by the Asia Pacific and MEA.
Additionally, the manufacturing industry revenue is anticipated to reach USD 5.4 billion by 2022. The rising adoption rate of digital technologies around the globe, online business services, connected devices, and cloud technology in the different industry sectors are anticipated to support the market growth in the upcoming years. Therefore, in the near future, it is expected that the market of enterprise SDN will increase around the globe more significantly over the recent few years.
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Ankur Gupta, Head Marketing & Communications