Global SDN Orchestration Market (2021 to 2029) - Featuring Cisco Systems, Nokia and Ciena Among Others - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "SDN Orchestration Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 To 2029" report has been added to ResearchAndMarkets.com's offering.

The global SDN Orchestration market is estimated to grow at a exponential CAGR of 82.6% during forecast period (2021-2029).

Software Defined Networking (SDN) orchestration is defined as a controller within an SDN that manages the activities of the network instead of the hardware that support the network. In a software defined network, the network administrator has the advantage to virtualize the physical network connectivity into a logical network connectivity. This property of SDN allows to manage network services using a centralized software-based management tool and rapidly respond to the requirements of a network. SDN provides greater agility to the network, reduced network downtime and at the same time provides the ability to create policy driven network supervision, allows traffic programmability and network automation capabilities. The development of SDN orchestration may be traced along the development of Software Defined Networking. In the separation of the control and data plane in the public switched telephone network in order to simplify management and provisioning set the foundation for software defined networking.

Improving Infrastructure to Support Potential Growth

Global SDN Orchestration market is primarily driven by increasing demand for cloud services, data center consolidation and increased network infrastructure. As per Institute of Electrical and Electronics Engineers (IEEE, United States), there has been increasing demand for cloud services across IT enterprises due to lowered investment cost and fixed cost for businesses that is expected to increase the demand for networking orchestration services to efficiently manage data traffic across the cloud. Data center consolidation is expected to generate heavy data traffic across a single data center necessitating the demand of SDN Orchestration technology to efficiently manage the increased data traffic and cost saving.

North America Takes the Lions Share

Geographically, SDN Orchestration market has been segmented into North America, Europe, Asia Pacific and Rest of World (ROW). North America leads global SDN orchestration market by capturing largest market share of over 34.6% in 2019 and is expected to grow at CAGR of 82.4% during forecast period. Asia Pacific is expected to grow at fastest pace in SDN Orchestration market by capturing market share in terms of revenue of around 24.94% in 2019. Asia Pacific SDN orchestration market growth is justified towards increasing data traffic and connected devices. For instance, as per technocrats, IP traffic in Asia Pacific is expected to cross 108 EB per month by 2021 at CAGR of 26% over the period of 2016-2021. Moreover, Asia Pacific web, e-mail and data traffic are expected to reach 8,453 PB per month, rising from 3,393 PB per month growing at a CAGR of 20% over the period of 2016-2021. Furthermore, Asia Pacific mobile data and internet traffic is expected to reach 22,715 PB per month in 2021 from 3,135 PB per month in 2016, rising at CAGR of 49% over the period of 2016-2021.

Key questions answered in this report

• What are the key market segments in current scenario and in the future by product categories?
• What are the key market segments in current scenario and in the future by regions?
• What is the key impact of Covid-19 over market revenues and market determinants in the sulphur recovery technology market?
• What are the primary and secondary macro and micro factors influencing the market growth currently and during the forecast period?
• What are the primary and secondary macro and micro factors deterring the market growth currently and during the forecast period?
• How to overcome the current market challenges and leverage the opportunities in each of the market segment?
• Who are the key players in the SDN orchestration market and what are their key product categories and strategies?
• What are the key strategies - mergers/acquisitions/R&D/strategic partnerships etc that companies are deploying to enhance market revenues and growth?

Market Dynamics

Drivers

• Increasing Demand For Cloud Services, Server Virtualization and Data Center Consolidation
• Increased Network Infrastructure
• Automation of Networks
• Increasing Development and Deployment of Analytics Applications
• Technological Advancements In SDN Orchestration

Restraints

• Security Concerns

Opportunities

• Innovative Service offerings From Telecom Operators
• Role of Value-Added Resellers (Vars), Integrators and Infrastructure Vendors

Challenges

• Strict Governance and Security Standards Across The Globe
• Lack of Knowledge Among End-Users and Enterprises

Companies Mentioned

• Cisco Systems
• Nokia
• Ciena Corporation
• Juniper Networks
• Huawei

For more information about this report visit https://www.researchandmarkets.com/r/278sss