SDN Market Trends, Growth, and Key Players
SDN has gained significant traction in recent years, driven by its ability to provide centralized control and operational capabilities. This has resulted in a surge in the global SDN market size, which is expected to reach USD 101.33 billion by 2030. The market is projected to grow at a CAGR of 17.9% from 2024 to 2030.
The Benefits of SDN
The SDN solutions provide several benefits over the existing legacy infrastructure. Some of the key advantages include:
- Centralized control and operational capabilities
- Agile and flexible network architecture
- Virtualized view of the network and storage
- Ability to deploy applications and services at a fast pace
These benefits have contributed to the growing demand for SDN solutions, particularly in the carrier networks and large enterprises.
Market Drivers
Several factors have contributed to the growth of the SDN market. Some of the key drivers include:
- Increasing data traffic due to increased mobile devices, social media, cloud computing, and the Internet of Things (IoT)
- Need for increased operability and bandwidth in carrier networks
- Reduction in CapEX and OpEX costs
- Pay-as-you-grow model
These drivers are expected to continue to propel the demand for SDN solutions in the coming years.
Market Trends
The SDN market is expected to experience several trends in the coming years. Some of the key trends include:
- SD-WAN and convergence of SDN, NFV, and OpenFlow
- Increasing applicability in data center infrastructures and campus networks
- Presence of open source automation tools such as OpenStack
These trends are expected to shape the developing industry and create new opportunities for growth.
Market Highlights
The SDN market report provides several highlights, including:
| Revenue Share of Solutions Segment | 70.3% |
| Revenue Share of Open SDN Segment | 27.4% |
| Revenue Share of North America Segment | 36.0% |
The report also provides a list of key players in the SDN market, including:
- Arista Networks, Inc.
- Cisco Systems, Inc.
- Ciena Corporation
- Dell Inc.
- LM Ericsson
- Extreme Networks
- Fortinet, Inc.
- Hewlett Packard Enterprise Development LP
- Huawei Technologies Co., Ltd.
- IBM
- Juniper Networks, Inc.
- Nokia
- Palo Alto Networks
- Broadcom
Conclusion
In conclusion, the SDN market is expected to experience significant growth in the coming years, driven by the benefits of SDN and the increasing demand for increased operability and bandwidth in carrier networks and large enterprises. The trends and drivers outlined in this report provide valuable insights into the developing industry and create new opportunities for growth. The SDN solutions provide customized and targeted approaches for particular business requirements, and the open SDN segment holds the largest revenue share of the global industry. The North America segment dominated the global industry, accounting for 36.0% of the revenue share in 2023.
As the demand for SDN solutions continues to grow, it is essential to stay informed about the latest trends and developments in the industry. The SDN market is expected to experience significant growth in the coming years, driven by the benefits of SDN and the increasing demand for increased operability and bandwidth in carrier networks and large enterprises.
