It presents both qualitative and quantitative market intelligence in a comprehensive format. The report takes deep insight into the current global structure of the industry mapping through architectural components, application segments, and geographical demand avenues. Analysts use Porter’s Five Forces as an evaluation tool to forecast market tendencies during 2016–2020. Profiling of major industry participants adds value to the findings of the report.
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The software-defined networking market offers dynamic computing facility to network administrators. Low-level functionalities in this architectural approach, aids enhanced user interaction. It offers a single node of control, which rests within the scope of operators within an enterprise. The routing of data is split on two platforms to separate network control programming from forwarding operations. Excessive traffic inflow over a certain path is expediently redirected to a different server. The requisite programs are automatically generated at the user’s end, seamlessly reallocating the available network resources as and when required.
Experts hold the tremendously expanding databases over the past decade as the key reason behind the steep progress of the industry. Following the evolution of multiple client-server relation, the software-defined networking market now offers simplified data management solutions. Availability of open protocols provides the programmers with the leverage to decide ‘what goes where’ without going through the actual complexity of the network design. It helps enterprises cut-down the cost of ownership of multiple proprietary software. This motivates enterprises to adopt for SDN services over the traditional systems. SD-WAN emerges as the highest trending implementation of SDN architecture. With regard to these influencing factors and ongoing trends, the global SDN market revenue figures are expected to hit an all-time high by the end of the forecast period. According to the study, the market is projected to grow at a CAGR of 34.64% over the period 2016–2020. Increased need for software-defined security.
Broadcom, Cisco, Ericsson, HP Development Company, Huawei Technologies, Juniper Networks, Midokura, Nokia (Alcatel-Lucent), Verizon Enterprise, and VMware are some of the leading corporate profiles provided in great detail. The profiling is based on their operational scope, financial performance, geographical footprints, and business strategies. A vivid description helps the readers gain an understanding of the competitive scenario in the industry. Also, business owners and stakeholders realize potentially profitable segments for planning their next strategic move.
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