As per the report titled ‘Software Defined Networking (SDN) Market Size By Component, Service), By End-Use,, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2019 - 2025’, available with Market Study Report, global software defined networking (SDN) market is projected to exceed USD 100 billion by the year 2025.
 

Increase in number of connected endpoint devices along with extensive usage of sever virtualization technology is fueling the growth of SDN market. Conventional network architectures are unable to meet the dynamic processing needs of advanced networking technologies, urging enterprises across the globe to integrate software defined networking solutions into their organization’s network. Growing focus among manufacturers to reduce capital expenditures and operational costs while efficiently catering to the varying demands of the market and customers, is encouraging the adoption of SDN.
 

Based on the component terrain, physical network infrastructure segment held 50% market share in 2018 and is poised to show considerable growth in the upcoming years. Efficient control and management of data between multiple networks is the key benefit supporting the product demand.
 

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/797218/
 

The report cites that SDN controller segment is anticipated to record a growth rate of 41% during the forecast timespan, owing to advancements in distribution & management layer and northbound & southbound interfaces. 
 

Meanwhile, professional services segment is also expected to grow tremendously owing to easy deployment and integration of various solutions among cloud service providers, telecom operators, and enterprises.
 

Speaking of the end-user spectrum, enterprise segment held 45% share of SDN market in 2018 and is expected to follow similar growth trends over the forecast timeline. Various benefits such as improved network reliability, enhanced user experience, and centralized control are supporting the installation of SDN technologies among enterprises.
 

Moreover, manufacturing segment is projected to attain a growth rate of 40% during the analysis period. The growth can be attributed to rising use of IoT and Machine to Machine (M2M) communication technologies. Reduced expenses and automated configurations are the key factors encouraging the product adoption among manufacturers.
 

Parallelly, cloud service providers segment is expected to account for significant market share in the coming future, due to widespread incorporation of cloud-based platforms, especially in the telecom sector. SDN solutions enable cloud service providers to build highly scalable and flexible networking infrastructures.
 

Considering the geographical landscape, North America accounted for 35% share of global SDN market in 2018 and is likely to see prominent gains during 2019-2025. Proliferating demand for several mobility solutions in tandem with advancements in connectivity frameworks is supporting the regional market growth. Huge investments by telecom giants including AT&T, Verizon, and Spirit are rendering a positive impact on North America market.  
 

Asia Pacific SDN market is estimated to expand at 42% CAGR through 2025, owing to rising penetration of network virtualization and cloud computing services in the region. Implementation of 5G technology along with extensive use of IoT devices across several industries will further augment the regional business landscape.

Major players of software defined networking market include Intel, Cisco, AT&T, Pluribus, Pluribus, Huawei, Extreme Networks, Pics8, Juniper, NEC Corporation, Arista Networks, Plexxi, HP, Big Switch Networks, and IBM.