Home > Semiconductors & Electronics > Telecom and Networking > Telecom Software > Software Defined Networking Market

Software Defined Networking Market Trends

Report ID: GMI2395
Published Date: Feb 2024
Report Format: PDF

Download Free Sample

Software Defined Networking Market Trends

The emergence of cloud native SDN solutions is a pivotal trend propelling the software defined networking industry forward. Offering unparalleled scalability and agility, these solutions enable seamless integration with cloud environments, empowering organizations to efficiently manage and optimize their networks. By leveraging the inherent advantages of cloud-native architectures, such as elasticity and automation, businesses can rapidly deploy and scale SDN infrastructure, driving increased adoption and fueling the market's growth trajectory.

For instance, in May 2022, ETSI introduced TeraFlowSDN, an open-source, cloud-native SDN controller tailored for high-capacity IP and optical networks. It supports various use cases, including autonomous networks and cybersecurity, aiding service providers and telecom operators in navigating future network challenges.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Software defined networking market size was worth USD 28.2 billion in 2023 and is set to expand at over 17% CAGR between 2024 and 2032 driven by the rising need for heightened security and agility in network management.

Software defined networking industry from the solution segment accounted for over USD 20 billion in 2023 and is anticipated to gain significant traction through 2032 owing to its versatile array of offerings catering to diverse business needs.

North America software defined networking industry held 35% of revenue share in 2023 and is estimated to expand at a notable pace through 2032 attributed to the dynamic ecosystem of the region fostering innovation and collaboration.

Some of the leading firms engaged in the software defined networking (SDN) market are Arista Networks, Inc., Cisco Systems Inc., Dell Technologies Inc., Hewlett Packard Enterprise Company (HPE), Huawei Technologies Co., Ltd., International Business Machines Corporation (IBM), Intel Corporation, Oracle Corporation, VMware, Inc., and ZTE Corporation