Among multiple factors influencing the global SDN, NFV & network virtualization ecosystem market, the rising need to reduce CapEx and OpEx burden of the telecommunication sector is noted to be the primary cause for market growth. Initiatives such as Linux Foundation’s ONAP (Open Network Automation Platform), SK Telecom’s T-MANO, and ETSI’s OSM (Open-Source MANO) are likely to act as secondary booster for the global market. Other factors such as increasing number internet solution providers, surge in the adoption of software centric networking, and the growth of data centers and enterprises by leaps and bounds are likely to declare a profound growth pattern for the market.
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Mellanox, a leading provider of end-to-end Ethernet interconnect and InfiniBand services and solutions, introduced ConnectX-6 Dx and BlueField-2 that is exhibiting a leap towards the next generation of clouds, storage platforms, and secure datacenters.
The global SDN, NFV & network virtualization ecosystem market has been studied based on user base, functional area, and submarkets. Based on the submarkets, the market has been segmented into SDN/SD-WAN hardware & software, NFV hardware & software, and other network virtualization software. The SDN/SD-WAN segment has been classified into SDN-enabled switches, routers and other appliances, SDN controller software, SDN controller software, SDN Orchestration Software, SDN Network Applications, SD-WAN Appliances, and SD-WAN Control & Overlay Software. The NFV segment has been narrowed down to VNF (Virtualized Network Function) Software, NFVI (NFV Infrastructure), and NFV MANO (Management & Orchestration) Software. On the basis of service provider functional area, the market has been segmented into CPE (Customer Premises Equipment), Fixed Access Network, Mobile Core, CDN (Content Delivery Network), Transport Network, IMS & VoLTE, Policy Control, Data Center, RAN (Radio Access Network), and others.
Geographic insights help in understanding the progress of the market over specific regions. By region, the SDN, NFV & network virtualization ecosystem market has been analyzed across Asia Pacific, Middle East & Africa, Eastern Europe, North America, Western Europe, and Latin and Central America. The market in the Asia Pacific region is expected to gain traction owing to the presence of high-cash telecom companies. The swift roll-out of innovations by renowned companies is likely to generate high revenue for the market. In addition, the early adoption of trending technologies, which is encouraging designing of seamless networking is expected to promote the growth of the regional market in the near future. Moreover, growing partnership among the regional key players are also observed to work in favor of the market. The firm telecom infrastructure in the North America region is likely to boost the regional market growth. In Europe, hefty investment made by the government, as well as private organization trading in telecom services and products are encouraging launch of more effective networking infrastructure. This, in turn, is likely to surge the regional market. Alongside, the growth of the Europe market can be attributed to the existence of firm network connectivity in the region.
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