The Software-defined Networking Market is expected to reach $17.5 billion by 2031 from an estimated $17.5 billion in 2024, at a CAGR of 22.8% during the forecast period (2024–2031).

The growth of the software-defined networking market is driven by the proliferation of data centers, the increasing utilization of smart devices in industrial and infrastructure applications, and the growth in network infrastructure automation in Asia-Pacific. However, interoperability issues due to uneven SDN standards restrain the growth of this market.

🚀 Key Drivers Fueling Market Expansion
Furthermore, the increasing deployment of 5G networks and enterprises’ growing preference for network slicing are expected to generate growth opportunities for the stakeholders in this market. However, the shortage of skilled networking professionals is a major challenge impacting the growth of the software-defined networking market.

🌐 Top 10 Companies Leading the Charge: https://meticulousblog.org/top-10-companies-in-software-defined-networking-market/

Cisco Systems, Inc.
Cisco Systems, Inc. develops, manufactures, and sells networking hardware, software, telecommunications equipment, and other high-technology products and services.
Huawei Technologies Co., Ltd. (A Subsidiary of Huawei Investment & Holding Co., Ltd.)
Huawei Technologies Co., Ltd. is an information and communications technology company that specializes in the communication field, comprising intelligent terminals and storage, networks, and computing fields.

Broadcom Inc.
Broadcom Inc. designs, develops, and supplies a broad range of semiconductor and infrastructure software solutions. Its product portfolio serves critical markets, including data centers, networking, enterprise software, broadband, wireless, storage, and industrial.

Hewlett Packard Enterprise Company
Hewlett Packard Enterprise Company offers information technology-based solutions. The company provides services to help customers migrate their data to the cloud. The company’s Software-defined Networking (SDN) products provide an end-to-end solution to automate networks from data centers to campuses.

Juniper Networks, Inc.
Juniper Networks, Inc. is a networking company that provides networking and security solutions. The company is engaged in designing, developing, and selling products for high-performance networks. Juniper manufactures and markets networking products, including routers, switches, network management software, network security products, and software-defined networking technology.

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Telefonaktiebolaget LM Ericsson
Telefonaktiebolaget LM Ericsson is a telecommunication and networking company that operates in the market through four segments—Networks, Cloud Software and Services, Enterprise, and Other. Ericsson offers multi-technology-capable Radio Access Network (RAN) solutions for all network spectrum bands, including integrated high-performing hardware and software.

Ciena Corporation
Ciena Corporation provides optical and routing systems, services, and automation software. The company offers network platforms, hardware, software, and services to network operators for deploying and managing next-generation networks that deliver services to businesses and consumers.

Nokia Corporation
Nokia Corporation is an information technology, telecommunications, and electronics company engaged in the development of network equipment, software, and services.

Oracle Corporation
Oracle Corporation is a global provider of products and services that address enterprise information technology (IT) environments. The company’s products & services include enterprise applications & infrastructure offerings that deliver a variety of flexible and interoperable IT deployment models.

NEC Corporation
NEC Corporation is an electronic and information technology company engaged in all telecom network layers from front-haul and back-haul, physical and virtual networks, network orchestration, to management and business layers with Digital OSS and BSS.


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