Global Software Defined Networking (SDN) Market 2017-2023: Market is Set to Expand at a CAGR of 51.64% - ResearchAndMarkets.com

DUBLIN--()--The "Global Software Defined Networking (SDN) Market - Industry Trends, Opportunities and Forecasts to 2023" report has been added to ResearchAndMarkets.com's offering.

Global Software Defined Networking Market is set to expand at a CAGR of 51.64% to increase from US$847.667 million in 2018 to US$6,799.308 million in 2023.

Rising demand for better technologies and surging cloud services are expected to fuel the market growth of SDN. Another positive factor impacting the market is the need for simplifying the task of networking and to reduce the requirement for traditional networking structure.

North America accounted for the major share of the SDN market in 2017. Asia Pacific region is projected to witness the fastest growth over the forecast period and is expected to become the second biggest market by 2023. Furthermore, the growing need for technological advancements in this region is the way forward for the key market players.

Segmentation

By Components

  • Software
  • Hardware
  • Services
  • Professional Services
  • Managed Services

By End-User

  • Large Enterprises
  • Medium Enterprises
  • Small Enterprises

By Industry

  • Communication and Technology
  • BFSI
  • Retail
  • Education
  • Others

By Geography

  • North America
  • South America
  • Europe
  • Middle East and Africa
  • Asia Pacific

Companies Mentioned

  • Big Switch Networks, Inc.
  • Broadcom
  • Cisco Systems, Inc.
  • HP Development Company, L.P.
  • Juniper Networks, Inc.
  • IBM
  • Intel Corporation
  • Dell
  • NEC Corporation
  • Verizon

For more information about this report visit https://www.researchandmarkets.com/research/6r4qsm/global_software?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Software, Networks

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Software, Networks