Cisco (US) and Huawei (China) are leading players in Software-Defined Networking Market
The Software-Defined Networking market size is expected to grow from USD 24.5 billion in 2023 to USD 60.2 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 19.7% during the forecast period. The growing competition across the globe has accelerated the adoption of cost-effective measures to restructure business models. By reducing the need for expensive hardware and decreasing the human resource cost involved in the management of the network, network virtualization and automation can, in turn, reduce the network cost for enterprises.
The major vendors covered in the SDN market include Cisco (US), Huawei (China), VMWare (US), Dell EMC (US), Juniper Networks (US), IBM (US), Ericsson (Sweden), Ciena (US), HPE (US), Nokia (Finland), Arista Networks (US), Extreme Networks (US), Comcast (US), Citrix (US), NEC (Japan), Oracle (US), Palo Alto Networks (US), NVIDIA (US), Fortinet (US), Fujitsu (Japan), HiveIO (US), Lenovo (Hong Kong), Pica8 (US), Scale Computing (US), Canopus Networks (Australia), Zeetta Networks (UK), Trustgrid (US), and COSGrid Networks (India). These players have adopted various growth strategies, such as partnerships, business expansions, agreements, and collaborations, new product launches to expand their presence in the SDN market.
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Cisco is a publicly held company that designs, manufactures, and sells IP-based networking and other products related to the communications and IT industry. Its products and technologies are grouped into four categories: Infrastructure Platforms, Applications, Security, and Other Products. The company also offers a broad range of service offerings, including technical support services and advanced services.
Cisco provides its well-acclaimed SDN product, the open SDN controller, which is an open-source software that is advancing through the latest innovation. It also offers Cisco Application Centric Interface (ACI), a comprehensive SDN architecture offering multiple benefits, such as greater scalability and network visibility. The company’s services help organizations effectively migrate, adopt, deploy, and securely manage intent-based networking using SD-WAN. Cisco Software-Defined Access (SD-Access) offers organizations a single network fabric from the edge to the cloud, enabling them to set policy-based automation for users, devices, and things. It gives network architects and administrators the tools to orchestrate key business functions, such as user mobility, secure segmentation, user onboarding, IoT integration, guest access, context-based troubleshooting, and data center and cloud integration. Cisco ACI, the industry leading SDN solution, provides application agility and data center automation.
Huawei is a provider of ICT infrastructure and smart devices. In the SDN market, its product offerings include Huawei Cloud Fabric 5.0, which helps in building simple, elastic, and open data center networks. Its featured product, Agile Controller-Campus, is deployable in various innovative solutions – Automatic Network Deployment and Software-Defined Wide Area Network (SD-WAN). The company offers various data center network solutions: CloudFabric Data Center Network Solution, AI Fabric Intelligent and Lossless Data Center Network, Cloud Data Center Interconnect (DCI), and Cloud Data Center Security. Its CloudFabric data center network solution uses the SDN technology that enables enterprises to accelerate business digital transformation via building simple, open, and elastic cloud data center networks.
The company caters to customers in more than 170 countries and has a strong presence in China, Europe, the Americas, and Asia Pacific. The company caters to various verticals, including telecom, public safety, government, transport, power grid, finance, media and entertainment, healthcare, oil and gas, manufacturing, retail, and hospitality.
Related Reports:
Software-Defined Networking Market by Offering (SDN Infrastructure, Software, and Services), SDN Type (Open SDN, SDN via Overlay, SDN via API, Hybrid SDN), Application (SD-WAN, SD-LAN, Security), End User, Vertical and Region - Global Forecast to 2028
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