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Software-Defined Networking Market 2021 Profitable Breakdown, Development and New Market Opportunities | Cisco, Dell, HPE, VMware, Huawei, Juniper Networks, Nokia, Oracle

Software-Defined Networking Market

The Software-Defined Networking Market size is estimated to grow from USD 11.2 Billion in 2020 to USD 45.5 Billion by 2027, growing at a CAGR of 22.6% during the forecast year from 2021 to 2027.

The Software-Defined Networking Market research report thoroughly explains each and every aspect related to the Global Software-Defined Networking Market, which facilitates the report’s reader to study and evaluate the upcoming market trend and execute the analytical data to promote the business.

A large-scale Software-Defined Networking Market document offers an all-inclusive study about production capacity, consumption, import, and export for all the major regions across the world. Furthermore, the statistical and numerical data such as facts and figures are represented very neatly in the report by using charts, tables, or graphs. This market report also involves strategic profiling of the major players in the market, comprehensive analysis of their basic competencies, and thereby keeping the competitive landscape of the market in front of the client. The winning Software-Defined Networking report covers all the market shares and approaches of the major competitors or the key players in the market.

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Scroll down 100s of data Tables, charts and graphs spread through Pages and in-depth Table of Content on “Software-Defined Networking Market, By Services (Integration and Deployment, Training and Maintenance, Managed Services), Solutions (Physical Network Infrastructure, Virtualization/Control Software), Application & Geography – Global Forecast To 2026”. Early buyers will get 10% customization on study.

To Avail deep insights of Software-Defined Networking Market Size, competition landscape is provided i.e. Revenue Analysis (M $US) by Company (2018-2020), Segment Revenue Market Share (%) by Players (2018-2020) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future.

Unlock new opportunities in Software-Defined Networking Market; the latest release from MarketDigits highlights the key market trends significant to the growth prospects, Let us know if any specific players or list of players needs to consider to gain better insights.

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The software-defined networking market size is estimated to grow from USD 11.2 Billion in 2020 to USD 45.5 Billion by 2027, growing at a CAGR of 22.6% during the forecast year from 2021 to 2027. The major growth drivers for the SDN market are Investment of CSPs in SDN technology to automate network infrastructure, a significant reduction in CAPEX and OPEX, increasing demand for cloud services, data center consolidation, and server virtualization, increase in demand for enterprise mobility to enhance productivity for field-based services. However, SDN controller to be an ideal attack surface providing a hacker the total control of network.

The report includes the study of key players offering SDN infrastructure, software and services. It profiles major vendors in the global SDN market. The major vendors include Cisco(US), Dell EMC(US), HPE(US), VMware (US), Huawei(China), Juniper Networks(US), Nokia (Finland), Oracle(US), Citrix(US), Extreme Networks(US), Infovista(US), NEC(Japan), Pluribus Networks(US), Arista Networks(US), CloudGenix (US), Cumulus Networks(US), DataCore Software(US), Fortinet(US), Fujitsu(Japan), HiveIO(US), Lenovo(HongKong), NetApp(US), Pica8(US), Pivot3(US), and Scale Computing(US).

Market Dynamics

Driver: Investments of CSPs in SDN technology to automate network infrastructure

The exponential increase in the size and complexity of network infrastructures in the past decade has created a need for solutions to simplify and efficiently manage the entire network. SDN solutions cater directly to these problems by providing more flexibility in terms of traffic management to the operator for improving the efficiency of the network. Hence, the majority of Communication Service Providers (CSPs) around the globe are investing in the SDN technology for end-to-end network and service management and control.

The simplification and automation of network management lead to enhanced service provisioning. CSPs are preparing their networks to maximize the benefits of utilizing a virtualized network architecture, which includes, but is not limited, to increasing agility, flexibility, visibility, and cost-efficiency. CSPs are compelled to invest in SDN technology for reducing the total CAPEX and OPEX spend and to stay competitive in the data-driven digital economy, which is increasingly dominated by Over-the-Top (OTT) players.

Restraint: SDN controller to be the ideal attack surface providing a hacker with the total control of network

SDN technology is focusing on virtualizing every aspect of the network infrastructure, which leads to an increase in attack footprint. SDN can control various network devices, which is established through a single centralized control point. This provides the operator with the ability to influence the entire network through a centralized controller if hacked. It can also offer the hacker with the ability to influence the entire network with the centralized controller, without the need for hacking individual network devices. With the use of a centralized controller, a hacker can dynamically change the behavior of the network, which can affect the node to a node basis.

Though SDN software and service providers claim that with the use of proper protocols, SDN can increase the security of networks; however, several users of SDN are still concerned about the security of the network. This is because a potential reconfiguration of the network can occur while implementing the solution as an application, which is installed on the controller. Attackers can trick network engineers into installing applications that have been compromised and could make the network do something completely unexpected.

Opportunity: Growing adoption of IoT

In recent years, the number of IoT devices has increased exponentially. Nowadays, there are billions of IoT devices around the world. The widespread use of IoT technology creates the need for networking these devices. The network infrastructure is required to accommodate all these devices’ needs for providing adequate connectivity and ensuring the delivery of application-based services. Owing to this, infrastructure sharing among service providers has risen to reduce high investment costs related to infrastructure deployment. New architectures, such as SDN, are being adopted by enterprises for network sharing, handling big data from IoT devices, and simplifying management tasks. For this, multiple service providers are using common network infrastructures requiring isolation of network resources and strict confidentiality, which can be provided through SDN solutions.

Challenge: Difficulties in transitioning from traditional network to SDN

Efficiently transforming the existing technology and traditional infrastructure is a major task for all stakeholders in the software-defined networking market. This, in turn, would deliver a major blow for the existing traditional technology vendors even though there are several such vendors who have started partnering with various SDN solution providers. Every technology faces the brunt of a hype cycle during its nascent stages. While some technologies emerge faster than others, some remain in the pit a bit longer. Owing to technological roadblocks, such as backward compatibility with the existing infrastructure, gaining enterprise traction may pose a challenge initially. Even though there is a compelling technological rationale to adopt SDN technologies, resistance from the networking fraternity may be intricate and stiff to overcome. It is critical to thriving in this virtual environment.

Major Classifications are as follows:

By Services

  • Integration and Deployment
  • Training and Maintenance
  • Managed Services

By Solutions

  • Physical Network Infrastructure
  • Virtualization/Control Software

By Application

  • BFSI
  • IT & Telecom
  • Consumer Goods
  • Government and Defense
  • Healthcare
  • Others

By End-use

  • Enterprise
  • Telecommunication Service Providers
  • Cloud Services Provides

What Porter’s Five Forces of Competitive Analysis Provides?

Competitive rivalry:- The main driver is the number and capability of competitors in the market. Many competitors, offering undifferentiated products and services, will reduce market attractiveness.

Threat of substitution:- Where close substitute products exist in a market, it increases the likelihood of customers switching to alternatives in response to price increases. This reduces both the power of suppliers and the attractiveness of the market.

Threat of new entry:- Profitable markets attract new entrants, which erodes profitability. Unless incumbents have strong and durable barriers to entry, for example, patents, economies of scale, capital requirements or government policies, then profitability will decline to a competitive rate.

Supplier power:- An assessment of how easy it is for suppliers to drive up prices. This is driven by the: number of suppliers of each essential input; uniqueness of their product or service; relative size and strength of the supplier; and cost of switching from one supplier to another.

Buyer power:- An assessment of how easy it is for buyers to drive prices down. This is driven by the: number of buyers in the market; importance of each individual buyer to the organisation; and cost to the buyer of switching from one supplier to another. If a business has just a few powerful buyers, they are often able to dictate terms.

Five forces analysis helps organizations to understand the factors affecting profitability in a specific industry, and can help to inform decisions relating to: whether to enter a specific industry; whether to increase capacity in a specific industry; and developing competitive strategies.

The country section of the report also provides individual market impacting factors & changes in regulation in the market domestically that impacts the current & future trends of the market. Data points such as consumption volumes, production sites & volumes, import export analysis, price trend analysis, cost of raw materials, down-stream & upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence & availability of global brands & their challenges faced due to large or scarce competition from local & domestic brands, impact of domestic tariffs & trade routes are considered while providing forecast analysis of the country data.

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