Software Defined Networking Market

Cisco (US) and NEC (Japan) are leading players in Software Defined Networking Market

MarketsandMarkets forecasts the global Software Defined Networking (SDN) market size to grow from USD 8.8 billion in 2018 to USD 28.9 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 26.8% during the forecast period. SDN is a networking architecture and is expected to revolutionize the existing networking infrastructure within the data centers, service providers, and enterprises’ end. Along with the innovative idea of NFV, the control plane is decoupled from the data plane, with the provision for a separate controlling software layer and a management plane enabling controllers with the capabilities of policy making and providing network intelligence.

In the SDN market, the key and emerging market players include Arista (US), Big Switch (US), Cisco (US), Ciena (US), Cumulus (US), Dell (US), Extreme Networks (US), Huawei (China), HPE (US), Juniper Networks (US), Nokia (Finland), NEC (Japan), Nokia (Finland), Pluribus (US), VMware (US). These players have adopted various strategies to grow in the global SDN market.

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Cisco has become a global leader in providing SDN solutions which it accomplished through significant R&D spending and hence, remain a distinguished player in the SDN market. The company has been profitable in data center switching market with its Application-Centric Infrastructure (ACI) portfolio. It has been keeping up with the pace of market through regular innovations and offering new products and solutions to the market. For instance, its product, ACI is an application-driven infrastructure that is beyond the basics of SDN. ACI has successfully delivered management automation, programmatic policy, and dynamic workloads, as it is built around the application and not the network. Moreover, Cisco’s acquisition of small scale startups (as a growth strategy) shows its efficiency in targeting the key technology players in the market.

NEC is a global leader in networking that is committed to innovation. The company is working on innovating in OpenFlow and virtualization by collaborating with research labs and focusing on getting a fully integrated and cloud-based environment. Its SDN solutions provide features that are fully compatible with the cloud, are reliable and flexible. With many players in the SDN market, innovation is the key, and NEC has proved to be a pioneer with its work in creating scalable tactics, smart transformation, and a global vision of social value creation. Its business is present globally covering all major regions, including EMEA, APAC, North America, Central and South America, and China, serving various industries with its ICT solution for services providers, retail industry, enterprises, and solutions for government agencies.

Related Reports:

Software Defined Networking Market by SDN Type (Open SDN, SDN via Overlay, and SDN via API), Component (Solutions and Services), End User (Data Centers, Service Providers, and Enterprises), and Region - Global Forecast to 2023

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Report Code
TC 2390
Published ON
Mar, 2019
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