Transforming Network Infrastructure Industry News

[July 31, 2015]

Software Defined Networking (SDN) and Network Function Virtualization (NFV) Market Worth 45.13 Billion USD by 2020

CHICAGO, July 31, 2015 /PRNewswire/ --

According to a new market research report, "Software Defined Networking (SDN) Market & Network Function Virtualization by Solution (Security Technologies, Switches, SDN Application Platform & Controller, SDS Platform, and Routers), Service, End User - Global Forecasts to 2020", published by MarketsandMarkets, Software Defined Networking (SDN) and Network Function Virtualization (NFV) Market to grow from USD 2.02 Billion in 2015 to USD 45.13 Billion in 2020. This represents a Compound Annual Growth Rate (CAGR) of 86.1% from 2015 to 2020.

Browse 80 market data Tables and 55 Figures spread through 203 Pages and in-depth TOC on "Software Defined Networking (SDN) Market & Network Function Virtualization"

http://www.marketsandmarkets.com/Market-Reports/software-defined-networking-sdn-market-655.html

Early buyers will receive 10% customization on this report.

The market report defines and segments the SDN market into various sub-segments with an in-depth analysis and forecasting of revenues. The report also identifies the factors driving this market, various restraints and opportunities impacting it along with the technology roadmap and adoption trends.

Ask for PDF @ http://www.marketsandmarkets.com/pdfdownload.asp?id=655

MarketsandMarkets broadly segments the SDN market on the basis of solutions into security technologies, switches, SDN application platform & controller, software-defined storage platform, routers; end users into telecommunication providers, cloud service providers, and enterprises; organization size into Small and Medium Businesses (SMBs) and large enterprises.

SDN and NFV technologies also find extensive applications in various verticals that have been covered in the study, including BFSI, consumer goods & retail, government & defense, manufacturing, telecom & IT, and other verticals such as energy & utilities, healthcare, and hospitality. The market has also been segmented and analyzed for five regions, namely North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America.

SDN and NFV technologies are se to redefine networking architecture and are rapidly gaining traction among all stakeholders associated with networking, mobility, IoT, and other related areas. The major factors that have been the adoption of SDN and NFV technologies include, the rising demand for mobility, requirement for innovative and new network architecture, surging cloud services, varying and complex network traffic patterns, and network management of large networks, along with the management of geographically spread network assets. SDN and NFV technologies with the adoption of OpenFlow standards simplify the task of configuring complex network infrastructures and reduce CAPEX required for traditional network infrastructure.

MarketsandMarkets forecast the Software Defined Networking (SDN) and Network Function Virtualization (NFV) market to grow from USD 2.02 Billion in 2015 to USD 45.13 Billion in 2020. This represents a Compound Annual Growth Rate (CAGR) of 86.1% from 2015 to 2020. In terms of regions, North America is expected to lead the market; Asia-Pacific including Japan is the fastest growing market and is expected to soon replace Europe to become the second biggest contributor in the market.

Major vendors in this market include BigSwitch Networks, Cisco Systems Inc., DELL Inc., Hewlett-Packard, Intel Corporation, Juniper Networks, NEC Corporation, Pica8 Inc., and PLEXXI, Inc. There are several other key innovators, niche players, and service providers, who play a vital role in this market. Some of these companies are 6WIND, ADARA Networks, ADVA Optical Networking, Alcatel-Lucent, Arista Networks, Aricent, Brocade, BTI Systems, Ciena Corporation, Citrix, Cumulus Networks, Ericsson, Enterasys Networks, Extreme Networks, Inc., F5 Networks Inc., Huawei, Oracle Corporation, Verizon Communications, and VMware, Inc.

Browse Related Reports

WAN Optimization Market by Solutions (Hybrid Network Optimization, WOC, Network Traffic Acceleration and Monitoring), by Services, by Deployment Type, by Verticals, by End Users (CSPs, Network Operators, Enterprises), by Regions - Global Trends and Forecast to 2014-2019
http://www.marketsandmarkets.com/Market-Reports/wan-optimization-market-123083555.html

Network Management Market by Network Performance Monitoring and Management, IP Address Management, Network Traffic Management, Network Device Management, Network Configuration Management, Network Security Management - Global Forecasts up to 2019
http://www.marketsandmarkets.com/Market-Reports/network-management-market-1041.html

About MarketsandMarkets

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

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