The global software defined networking market size is anticipated to reach USD 101.33 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 17.9% from 2024 to 2030. Software-defined networking (SDN) has witnessed a surge in its popularity in recent years and rightly so owing to the myriad benefits it offers over the existing legacy infrastructure. The SDN solutions provide centralized control and operational capabilities, which help the network administrators and engineers to respond quickly and efficiently. The SDN architecture comprises different tools and techniques, such as the controller, switches forwarding, and backplanes, among others, that make the systems more agile and flexible.

SDN acts as a bridge between the applications and routers and switches to relay information and data between them. As they provide a virtualized view of the network and storage, the SDN solutions help in deploying applications and services at a fast pace. The demand for SD solutions is anticipated to be on the rise as there is a growing necessity for the increasing operability and bandwidth of the carrier networks for service providers as well as large enterprises. The increasing data traffic due to increased mobile devices, social media cloud computing, and even the Internet of Things (IoT) is expected to propel the data traffic in the coming years, which will create a steep demand for enhanced networks.

The CapEX and OpEX reduction afforded by the software-defined networks, coupled with the pay-as-you-grow model, is helping the demand growth. The increasing applicability in the data center infrastructures and campus networks, as well as the presence of open source automation tools such as OpenStack, will fuel the market growth in the coming years. SD-WAN and convergence of SDN, NFV, and OpenFlow are the upcoming trends to watch for that may shape the developing industry.

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Software Defined Networking Market Report Highlights

• The solutions segment dominated the SDN market and accounted for a revenue share of 70.3% in 2023. Unlike generalized services, SDN solutions provide customized and targeted approaches for particular business requirements.

• The open SDN segment held the largest revenue share of the global industry in 2023. User enterprises prefer the openness of protocols, development processes, and standards as it allows software use, redistribution, and modification while eliminating limitations related to other proprietary solutions.

• North America software defined networking market dominated the global industry and accounted for the revenue share of 36.0% in 2023.

Software Defined Networking Market Segmentation

Grand View Research has segmented the software defined networking market report based on component, type, end-use, and region.

Software Defined Networking Component Outlook (Revenue, USD Billion, 2018 - 2030)

• Solutions

o Physical Network Infrastructure

o Virtualization/Control Software

o SDN Application

o SDN Controllers

• Services

o Consulting

o Integration and Deployment

o Training and Maintenance

o Managed Services

Software Defined Networking Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Open SDN

• SDN via API

• SDN via Overlay

• Hybrid SDN

Software Defined Networking End-use Outlook (Revenue, USD Billion, 2018 - 2030)

• Enterprise

• Telecommunication Service Providers

• Cloud Services Providers

• Managed Service Providers

Software Defined Networking Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o Germany

o UK

o France

• Asia Pacific

o China

o Japan

o India

o South Korea

o Australia

• Latin America

o Brazil

• Middle East and Africa (MEA)

o Saudi Arabia

o UAE

o South Africa

List Of Key Players in the Software Defined Networking Market

• Arista Networks, Inc.

• Cisco Systems, Inc.

• Ciena Corporation

• Dell Inc.

• LM Ericsson

• Extreme Networks

• Fortinet, Inc.

• Hewlett Packard Enterprise Development LP

• Huawei Technologies Co., Ltd.

• IBM

• Juniper Networks, Inc.

• Nokia

• Palo Alto Networks

• Broadcom

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