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Global Industry Analysts, Inc. (GIA) launches comprehensive analysis of industry segments, market trends, growth drivers, market share, size and demand forecasts on the global Software-Defined Networking (SDN) market. Market segmentation includes Component (Services, Software, and Infrastructure); End-Use (Service Providers, and Enterprises); Vertical (IT & Telecom, BFSI, Defense, Healthcare, Consumer Goods, and Other Verticals).

Find Out More About Regions, Brands, Dominant, Active & Niche Companies Covered in the Report

24 November 7:18 a.m., Silicon Valley, California - According to the new market research report, the global market for Software-Defined Networking (SDN) is projected to grow at a CAGR of 19% to reach US$43.3 billion by 2027, driven by the growing adoption of cloud-based solutions. The global Software-Defined Networking market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Services, one of the component segments analyzed and sized in this study, is forecast to grow at over 18.5% and reach a market size of US$17.9 billion by the end of the analysis period. The United States is forecast to readjust to a 17.7% CAGR. Within Europe, the worst affected by the pandemic, Germany will reach a market size of US$2.1 billion growing at a CAGR of 17.2% over the next couple of years. In addition, over US$1.4 billion worth of projected demand in the region will come from Rest of European markets. In Japan, the Service Providers end-use segment will reach a market size of US$1.4 billion by the close of the analysis period. Facing a global backlash over the coronavirus outbreak and spread, China the world's second largest economy faces economic and geopolitical challenges including economic distancing which can likely put China's monopoly of global supply chains in crisis. The IT & Telecom vertical segment in this country against this backdrop will grow at a CAGR of 15.7% over the next couple of years to create an addressable market opportunity worth US$852 million by the year 2027.

In the past few years, businesses are exhibiting higher preference for private cloud, public cloud, hybrid cloud, and multi-cloud solutions over conventional on-premise data centers, owing to their low operational costs, high computation power, and their capability of scaling-up or scaling-down workload facilities. The growing demand for cloud-based solutions would bolster the requirement for better infrastructure capable of handling the rising high bandwidth and network traffic needs. SDN solutions hold tremendous potential in enhancing the use of network infrastructure, which is likely to contribute in increasing the adoption of these solutions by enterprises. In addition, the rising demand for intent-based networking is anticipated to positively impact the market and contribute to its robust growth over the next few years. In the past few years, market vendors have been developing intent-based networking solutions for complementing their SDN offerings. Intent-based networking leverages artificial intelligence (AI) and machine leaning (ML) technologies for fully automating the administrative tasks within the network. The growing demand for server virtualization, cloud services, and data center consolidation are some other key factors that would play a vital role in augmenting growth in the global SDN market. Technological advancements and increasing adoption of bring-your-own-device (BYOD) policy in organizations are expected to serve as an opportunity for future market growth. However, security concerns due to the presence of a centralized controller that can be targeted for failure or attack of SDN networks can hinder the market growth. In addition, lack of standardization and awareness are anticipated to further inhibit growth in the SDN market.

Research Methodology
This latest edition of the research study is conducted and published by Global Industry Analysts, Inc., in close collaboration with senior executives in the industry driving strategy, business development, marketing, sales, product management, technology and operations. The views, opinions and findings presented are based on validated engagements from a total executive pool size of 4994. Among this pool, 899 direct interactions with domain experts were carried out via our proprietary market research platform, MarketGlass. Among the 152 unique participations, a total of 68 validated responses were received as part of this report's primary research outreach program. We are unique in the industry to provide our clients with the validated list executive engagements and the complete project data stack.

Key Competitors Covered in the Report -
IBM Corporation
Cisco Systems, Inc.
NEC Corporation
Huawei Technologies Co., Ltd.
Intel Corporation
Juniper Networks, Inc.
Ciena Corporation
Brocade Communications Systems, Inc.
Hewlett Packard Enterprise Development LP (HPE)
Pica8, Inc.
Pluribus Networks, Inc.

Segments Covered in the Report -
Component (Services, Software, Infrastructure)
End-Use (Service Providers, Enterprises)
Vertical (IT & Telecom, BFSI, Defense, Healthcare, Consumer Goods, Other Verticals)

Geographies Analyzed in the Report -
World
USA
Canada
Japan
China
Europe
France
Germany
Italy
UK
Spain
Russia
Rest of Europe
Asia-Pacific
Australia
India
South Korea
Rest of Asia-Pacific
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Middle East
Iran
Israel
Saudi Arabia
UAE
Rest of Middle East
Africa.

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About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (www.strategyr.com) is the world`s only influencer driven AI powered market research company. Serving more than 41,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for 33 years, offering the widest coverage of topics, geographic markets, competitive brands, and companies profiled.

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Zak Ali
Director, Corporate Communications
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