Market Size of Global Scalable Software Defined Networking Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR (2024 - 2029) | 30.75 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Scalable Software Defined Networking Market Analysis
The Global Scalable Software Defined Networking Market is expected to register a CAGR of 30.75% during the forecast period(2024-2029).
- A software-defined Network creates and maintains a virtual network or uses software to command conventional hardware. Businesses of all sizes and industries are embracing SDN as a means to boost the efficiency and intelligence of their networks while decreasing complexity.
- Enterprises are being compelled to re-evaluate their traditional network architectures by the emergence of cloud computing technologies, the proliferation of mobile devices, server visualization, and other AI-enabled technologies. Using SDN networking allows control of these app flows from one centralized hub. Network engineers can therefore manage the network using the SDN controller without the need to access individual networking devices.
- The growing demand for user and business traffic in the telecom industry is urging for a more secure and centralized system for smooth functioning. SDN is the technology that will help telcos manage energy demands and their carbon footprint. Based on anticipated traffic and the most power-efficient devices that can fulfill the need, the SDN control plane might determine the maximum number of devices necessary. The remaining are subsequently switched to standby mode.
- The COVID-19 pandemic has increased demand for cloud-based solutions as companies adopted remote working strategies. For the employees to work remotely, networking infrastructure has been relocated. Scalable Software Defined Networking Technology played an important role in efficiently working these IT infrastructures, as there was a higher use of VPNs (virtual private networks).
- Security Concerns and cyber attacks are restraining the growth of the SDN market. Attackers need to get access to one node, i.e, the SDN controller to take over control of the security of the entire network.
