Infinium Global Research’s recent report on the “Software Defined Network Market (By Type (Open SDI, SDN by API, SDN via overlays), By Network Type (WAN, Optical, Wireless), By Application (Security, Cloud, Big Data, Routing), By End User (Enterprise, Government, Cloud Service Providers, Telecommunication service providers, Others): Global Industry Analysis, Trends, Size, Share and Forecasts up to 2026” provides a comprehensive outline of the factors responsible for the growth of the market. According to the report, the global market for software defined network was sized near USD 11 Billion in 2020 and is expected to reach over USD 30 Billion by 2026 growing with a CAGR of 17.7% over 2020-2026

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The software defined network is the new emerging technology. Network designing and operations have been revolutionized by SDN. It provides improved data security of the network, easy handling, improves connectivity, and strengthens the network. SDNs also facilitate network activity programming through software applications using open APIs in a centrally managed way. Decoupling of data and control panels and programmability of control plane are two main characteristics of SDNs. The other key features of the SDNs are logical centralized intelligence and control, abstraction of the network, and openness. The market for software defined network is mainly driven by the growing importance of network management. The increase in network traffic is due to increased internet penetration, growing adoption of cloud computing, and increasing multimedia content. Thus, the importance of network management is gaining traction. The efficient data security of the network provided by SDN is also fuelling the demand for SDNs. The adoption of SDN also leads to a reduction in operational costs for the operator or an organization. New opportunities are expected to arise as the awareness regarding SDNs is growing among users.

The world's peak internet traffic surged by 47% as compared to the 28% forecast as per The Internet Society NGO. People were forced to stay indoors due to covid-19 restrictions. During the lockdown, the corporate houses asked their employees to work from home. Thus, there was an increase in internet activity. People spent a considerable time online for entertainment and work purposes. The VPNs used by corporates also had their limits. In order for security, the corporates turned towards SDNs and telecom providers turned as the existing infrastructure was been overwhelmed by the increased activity. Other sectors such as Medical and healthcare also turned towards SDNs to efficiently manage their resources and better operability. As the lockdowns are lifted people are anticipated to prefer to stay inside their homes the internet activity will only increase. SDNs are expected to play a significant role in vaccination distribution.

Enterprise is Expected to Dominate the End User Segment of Market

It is anticipated that the Enterprise segment will dominate the End User segment and is subject to significant growth over the forecast period. Medium and Large enterprises are actively adopting SDNs. SDNs guarantee data protection, security, and easy handling of their network. Thus, helping them run their daily operations effectively. Telecom operators and service providers are expected to adopt SDNs as existing network infrastructure is experiencing pressure due to rise in the internet activity. This rise is mainly due to the boom in content provided by OTT platforms and an increasing number of active gamers, thus being the second largest End user.

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North America to be the Dominant Region in Sugar-Free Confectionary Products Market

Geographically, North America has generated the highest revenue in the market while Europe generated the second highest revenue in the market. Asia-Pacific will see tremendous growth as it is home to the two most populous countries India and China. Moreover, India has experienced significant growth in Internet Usage and is currently the highest data-consuming country in the world. North America is expected to assert its dominance over the market as it is home to all major tech companies, and they are actively adopting SDNs. Due to the high level of standard of living people actively use streaming services like Netflix and Amazon.

Companies Operating in Software Defined Network to Market to Focus on Acquisitions and Expansion

As the Information and technology sector is highly fragmented and dominated by major players so is the SDN market. The leading IT sector giants such as Cisco Systems, Inc., Dell Technologies Inc., and Juniper Networks, Inc. dominate the SDN market. The companies are focusing on acquisitions such as Germany based Ocedo by US-based Riverbed Technology or the acquisition of cumulus network by NVIDIA. The companies are also focusing on expansion in new markets such as the deployment of SDN infrastructure by Cisco Systems in Asia to support the 5G rollout in the region.

Infinium Global Research’s recent report on the Global Software Defined Network Market is an encompassment of such recent developments in the global marketplace. The report delivers insights into the recent developments by leading players that have contributed to the growth of the market and also estimates the impact of recent developments on the global market.

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