DUBLIN, November 30, 2021– (COMMERCIAL THREAD)–The “Software Defined Networks Market by Solution, End User, Technology Service Providers, and Enterprise), Vertical and Geographic – Global Forecast to 2027” the report was added to ResearchAndMarkets.com offer.
The global software-defined networks market is expected to grow at a rate of 13.8% CAGR by 2027.
The major factors driving the growth of the market are the trend towards automation of the network infrastructure and the widespread adoption of cloud computing services and big data analytics in various industries. Efficient networking solutions, such as software-defined networking for data center consolidation, server virtualization, and improving business power, are in high demand. In addition to this, organizations primarily use software-defined networking solutions to customize and control the data employees access and minimize the mobile workforce with the growing adoption of Bring-Your-Own-Devices (BYOD ).
However, SDN controller is the perfect attack platform giving the hacker full control of the network which is a key factor in limiting the growth of the market.
Highlights of the market segment
By solution, physical network infrastructure is expected to have the highest share in Software Defined Networking market growth on the basis of solution segment. Software-defined networking is spread primarily in industry and handles flow control between network devices and the application.
On the basis of the end user, the enterprise segment is expected to be the leading segment in the software-defined networks market. Key factors driving SDN adoption in the enterprise space include improved infrastructure flexibility and the need to minimize time-to-market for multiple applications and services. In order for SDN to be used across the enterprise, it is essential to ensure that you have complete knowledge of the implementation.
The telecommunications and IT vertical is expected to hold a significant share of the Software Defined Networking market based on vertical segmentation. This is due to the growing number of telecommunications and IT companies turning to web-based applications and services. Reducing operating costs, holistic infrastructure management, abstraction and integration with the cloud are the few major factors contributing to the growing adoption of software-defined networks in the telecommunications and telecommunications industry. ‘computer science.
According to geographic analysis, North America occupies a major position in market share. This is attributed to the early and rapid adoption of technologies, such as cloud computing, mobility services, network function virtualization, Bring Your Own Device (BYOD) and heavy industrialization in the region.
The exponential growth in the size and complexity of network infrastructures in recent years has created a need for solutions to simplify and efficiently manage the entire network. SDN solutions directly address these issues by providing more flexibility in traffic management to improve network efficiency. Hence, most of the Communication Service Providers (CSPs) in the world are investing in software-defined networks for end-to-end network, service management and control, thus driving the growth of the network-defined networks market. software.
For more information on this report, visit https://www.researchandmarkets.com/r/hn4zca
See the source version on businesswire.com: https://www.businesswire.com/news/home/20211130005852/en/
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