Software-Defined Networking (SDN) Market Size, Share & Trends Analysis Report by Component (Controller, Switch, Application), by Application (Enterprise, Service Provider), by Region, and Segment Forecasts, 2023-2030
The global software-defined networking (SDN) market size is expected to reach USD 142.2 billion by 2030, growing at a CAGR of 12.5% during the forecast period 2023-2030. The increasing demand for software-defined networking in the enterprise and service provider sectors is driving the growth of the market.
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SDN is a network architecture that separates the control plane from the data plane. This allows for greater flexibility and agility in network management, as well as improved performance and security.
The SDN market is segmented by component, application, and region. By component, the market is segmented into controller, switch, and application. The controller segment is expected to dominate the market during the forecast period, as it is responsible for managing the network traffic.
By application, the market is segmented into enterprise and service provider. The enterprise segment is expected to grow at a faster pace during the forecast period, as more and more enterprises are adopting SDN to improve their network performance and security.
By region, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is expected to dominate the market during the forecast period, followed by Europe.
The key players in the SDN market are Arista Networks, Cisco Systems, Huawei Technologies, Juniper Networks, VMware, and Extreme Networks. These companies are focusing on developing innovative SDN solutions to meet the growing demand from enterprises and service providers.
Key Takeaways:
The global SDN market is expected to reach USD 142.2 billion by 2030, growing at a CAGR of 12.5% during the forecast period 2023-2030.
The increasing demand for software-defined networking in the enterprise and service provider sectors is driving the growth of the market.
By component, the market is segmented into controller, switch, and application. The controller segment is expected to dominate the market during the forecast period.
By application, the market is segmented into enterprise and service provider. The enterprise segment is expected to grow at a faster pace during the forecast period.
By region, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is expected to dominate the market during the forecast period.
The key players in the SDN market are Arista Networks, Cisco Systems, Huawei Technologies, Juniper Networks, VMware, and Extreme Networks.
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