Market Overview:
The global software-defined networking and network function virtualization market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based services, rising need for agility and flexibility in networks, and growing trend of data center consolidation. Based on type, the software-defined networking and network function virtualization market can be segmented into controller software and application software. Controller software is further sub-segmented into physical controllers and virtual controllers. Physical appliances are further sub-segmented into routers, switches, firewalls, load balancers etc., while service is further sub-segmented into professional services and managed services. Based on application, the market can be segmented into healthcare, BFSI (banking, financial services & insurance), consumer goods & retail sector government & defense sector manufacturing sector ITES (information technology enabled service) sector others).
Product Definition:
Software-defined networking (SDN) is a network architecture that enables administrators to manage network traffic using software. With SDN, the control of individual switches and routers is abstracted from their underlying hardware, allowing for centralized management of all devices on the network.
Network function virtualization (NFV) refers to the practice of running entire networking functions as virtual machines rather than physical appliances. This allows administrators to more easily deploy and manage new services, as well as experiment with different networking configurations without having to purchase or configure new hardware.
Software(Controller and Application Software):
Software-defined networking (SDN) and network function virtualization (NFV) are the technologies that help in replacing traditional network infrastructure with a more flexible one. In an organization, there is always a need to shift from using one technology to another; this requires proper planning and implementation. The transition from legacy networking to SDN/NFV is not an easy task as it involves various challenges such as service assurance, service continuity, security & privacy concerns among others.
Physical Appliances:
Physical appliances and it's usage in Software-Defined Networking (SDN) and Network Function Virtualization (NFV) market is expected to grow at a significant rate over the forecast period. The growth of these markets can be attributed to several factors such as increasing demand for NFV technology, aging infrastructure, rising energy costs, growing network traffic & complexity along with surging need for mobility.
Application Insights:
The BFSI sector accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growing adoption of SaaS solutions, on-demand business services, and cloud computing has led to an increased need for software-defined networking (SDN) that can offer a flexible architecture with an easy management interface. This trend is projected to drive the demand for SDN solutions in this sector over the forecast period.
The healthcare segment is anticipated to exhibit significant growth during the study period owing to increasing investments by governments as well as private players in order To improve healthcare infrastructure and operational efficiency through innovation such as network virtualization, big data analytics & IoT technologies among others. These factors are expected To drive industry expansion during future years.
Regional Analysis:
The North American regional market dominated the global market in 2017. The growth can be attributed to the increasing adoption of software-defined networking and network function virtualization solutions by service providers, enterprises, and vendors for offering cloud-based services. Moreover, growing demand for higher bandwidth withstanding capacity constraints is driving the need to adopt these technologies in data centers of various industries.
Asia Pacific is expected to emerge as a lucrative regional market over the forecast period owing to increased spending on telecommunication infrastructure development projects by governments across countries such as China and India. Additionally, rising number of mobile internet users has led network operators across this region to expand their networks through Massive MIMO technology that requires high processing power at radio frequency levels; thus creating significant opportunities for industry players operating at software defined networking level in this region over next eight years.
Growth Factors:
- Increasing demand for bandwidth and the need for faster response time from networks are some of the key drivers for SDN and NFV market growth.
- The increasing popularity of cloud services, big data, and IoT is also fueling the demand for SDN and NFV solutions.
- The growing trend of network virtualization is helping to drive the adoption of SDN and NFV solutions.
- The need to reduce OPEX/CAPEX is also a major driver for SDN and NFV market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Software-Defined Networking and Network Function Virtualization Market Research Report
By Type
Software(Controller and Application Software), Physical Appliances, Service
By Application
Healthcare, BFSI, Consumer Goods and Retail, Government and Defense, Manufacturing, ITES, Others
By Companies
Cisco Systems, Inc., Hewlett Packard Enterprise Co., Juniper Networks, Inc., Huawei Technologies Co., Ltd., NEC Corporation, Pica8, Inc., Brocade Communications Systems, Inc., Ciena Corporation, Intel Corporation, Pluribus Networks Inc., Big Switch Networks, Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Software-Defined Networking and Network Function Virtualization Market Report Segments:
The global Software-Defined Networking and Network Function Virtualization market is segmented on the basis of:
Types
Software(Controller and Application Software), Physical Appliances, Service
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Healthcare, BFSI, Consumer Goods and Retail, Government and Defense, Manufacturing, ITES, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cisco Systems, Inc.
- Hewlett Packard Enterprise Co.
- Juniper Networks, Inc.
- Huawei Technologies Co., Ltd.
- NEC Corporation
- Pica8, Inc.
- Brocade Communications Systems, Inc.
- Ciena Corporation
- Intel Corporation
- Pluribus Networks Inc.
- Big Switch Networks, Inc.
Highlights of The Software-Defined Networking and Network Function Virtualization Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Software(Controller and Application Software)
- Physical Appliances
- Service
- By Application:
- Healthcare
- BFSI
- Consumer Goods and Retail
- Government and Defense
- Manufacturing
- ITES
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Software-Defined Networking and Network Function Virtualization Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Software-defined networking (SDN) and network function virtualization (NFV) are technologies that allow for the creation of custom networks by assembling different components, such as switches, routers, firewalls, and load balancers. SDN allows administrators to create a more flexible and efficient network by allowing them to define how traffic flows through the network. NFV enables organizations to offload certain tasks from their traditional infrastructure providers such as Network Operating Systems (NOSs), application servers, middleware providers or telecom operators. This can free up resources for these organizations to focus on their core businesses while still providing an acceptable level of service.
Some of the key players operating in the software-defined networking and network function virtualization market are Cisco Systems, Inc., Hewlett Packard Enterprise Co., Juniper Networks, Inc., Huawei Technologies Co., Ltd., NEC Corporation, Pica8, Inc., Brocade Communications Systems, Inc., Ciena Corporation, Intel Corporation, Pluribus Networks Inc., Big Switch Networks, Inc..
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Software-Defined Networking and Network Function Virtualization Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Software-Defined Networking and Network Function Virtualization Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Software-Defined Networking and Network Function Virtualization Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Software-Defined Networking and Network Function Virtualization Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Software-Defined Networking and Network Function Virtualization Market Size & Forecast, 2018-2028
4.5.1 Software-Defined Networking and Network Function Virtualization Market Size and Y-o-Y Growth
4.5.2 Software-Defined Networking and Network Function Virtualization Market Absolute $ Opportunity
Chapter 5 Global Software-Defined Networking and Network Function Virtualization Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Software-Defined Networking and Network Function Virtualization Market Size Forecast by Type
5.2.1 Software(Controller and Application Software)
5.2.2 Physical Appliances
5.2.3 Service
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Software-Defined Networking and Network Function Virtualization Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Software-Defined Networking and Network Function Virtualization Market Size Forecast by Applications
6.2.1 Healthcare
6.2.2 BFSI
6.2.3 Consumer Goods and Retail
6.2.4 Government and Defense
6.2.5 Manufacturing
6.2.6 ITES
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Software-Defined Networking and Network Function Virtualization Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Software-Defined Networking and Network Function Virtualization Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Software-Defined Networking and Network Function Virtualization Analysis and Forecast
9.1 Introduction
9.2 North America Software-Defined Networking and Network Function Virtualization Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Software-Defined Networking and Network Function Virtualization Market Size Forecast by Type
9.6.1 Software(Controller and Application Software)
9.6.2 Physical Appliances
9.6.3 Service
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Software-Defined Networking and Network Function Virtualization Market Size Forecast by Applications
9.10.1 Healthcare
9.10.2 BFSI
9.10.3 Consumer Goods and Retail
9.10.4 Government and Defense
9.10.5 Manufacturing
9.10.6 ITES
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Software-Defined Networking and Network Function Virtualization Analysis and Forecast
10.1 Introduction
10.2 Europe Software-Defined Networking and Network Function Virtualization Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Software-Defined Networking and Network Function Virtualization Market Size Forecast by Type
10.6.1 Software(Controller and Application Software)
10.6.2 Physical Appliances
10.6.3 Service
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Software-Defined Networking and Network Function Virtualization Market Size Forecast by Applications
10.10.1 Healthcare
10.10.2 BFSI
10.10.3 Consumer Goods and Retail
10.10.4 Government and Defense
10.10.5 Manufacturing
10.10.6 ITES
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Software-Defined Networking and Network Function Virtualization Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Software-Defined Networking and Network Function Virtualization Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Software-Defined Networking and Network Function Virtualization Market Size Forecast by Type
11.6.1 Software(Controller and Application Software)
11.6.2 Physical Appliances
11.6.3 Service
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Software-Defined Networking and Network Function Virtualization Market Size Forecast by Applications
11.10.1 Healthcare
11.10.2 BFSI
11.10.3 Consumer Goods and Retail
11.10.4 Government and Defense
11.10.5 Manufacturing
11.10.6 ITES
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Software-Defined Networking and Network Function Virtualization Analysis and Forecast
12.1 Introduction
12.2 Latin America Software-Defined Networking and Network Function Virtualization Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Software-Defined Networking and Network Function Virtualization Market Size Forecast by Type
12.6.1 Software(Controller and Application Software)
12.6.2 Physical Appliances
12.6.3 Service
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Software-Defined Networking and Network Function Virtualization Market Size Forecast by Applications
12.10.1 Healthcare
12.10.2 BFSI
12.10.3 Consumer Goods and Retail
12.10.4 Government and Defense
12.10.5 Manufacturing
12.10.6 ITES
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Software-Defined Networking and Network Function Virtualization Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Software-Defined Networking and Network Function Virtualization Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Software-Defined Networking and Network Function Virtualization Market Size Forecast by Type
13.6.1 Software(Controller and Application Software)
13.6.2 Physical Appliances
13.6.3 Service
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Software-Defined Networking and Network Function Virtualization Market Size Forecast by Applications
13.10.1 Healthcare
13.10.2 BFSI
13.10.3 Consumer Goods and Retail
13.10.4 Government and Defense
13.10.5 Manufacturing
13.10.6 ITES
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Software-Defined Networking and Network Function Virtualization Market: Competitive Dashboard
14.2 Global Software-Defined Networking and Network Function Virtualization Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cisco Systems, Inc.
14.3.2 Hewlett Packard Enterprise Co.
14.3.3 Juniper Networks, Inc.
14.3.4 Huawei Technologies Co., Ltd.
14.3.5 NEC Corporation
14.3.6 Pica8, Inc.
14.3.7 Brocade Communications Systems, Inc.
14.3.8 Ciena Corporation
14.3.9 Intel Corporation
14.3.10 Pluribus Networks Inc.
14.3.11 Big Switch Networks, Inc.
