The Global Software Defined Networking market is forecast to reach USD 47.13 Billion by 2026, according to a new report by Reports and Data.

The SDN orchestration market is forecasted to witness exceptional growth during the forecast period. The growth of the SDN orchestration market is attributed to the combination of various factors. One of the mentionable factor in this context is, various market expansion initiatives being taken by the key players of the market. In 2017, Juniper Networks, one of the key player of the market, had undergone a partnership agreement with Netcracker Technology, Infinera and NEC Corporation. The purpose of the formulation of the agreement was developing a new Transport SDN solution that would be beneficial in transforming the way networks are managed and controlled. Such advancements made by a key player of the market is positively impacting the growth of the SDN orchestration market.  

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Further key findings from the report suggest

• Software Defined Networking market held a market share of USD 0.46 Billion in the year 2018, with a growth rate of 77.8% during the forecast period.
• In regards to the Component, the Services segment generated a higher revenue of USD 0.31 Billion in 2018 with a CAGR of 77.1% during the forecast period. Factors contributing to the revenue generated by this segment are increased incorporation and deployment of SDN orchestration among telecom service providers, cloud service providers, and enterprises.      
• In the context of Deployment type, the On-Premises segment dominates the market that occupied the higher market share of 75.0% in 2018 with a growth rate of 77.2% during the forecast period. The market domination of the On-premises segment is the result of the high complexity of network system used to perform various functions on the premises of different industries and the increased incorporation of SDN orchestration in the functioning of these industries to enhance their network system.   
• While discussing Deployment type, it is mentionable that the Cloud segment is forecasted to witness a higher growth rate of 79.5% during the forecast period. The growth of the Cloud segment is attributed to the various advantages associated with it like higher flexibility and lower cost.
• In regards to end-user, the Telecom service providers segment holds the largest market share of 45.0% in 2018, with the highest CAGR of 78.8% during the forecast period. The market dominance of the Telecom service providers segment is the result of high incorporation of SDN orchestration solutions in the functioning of the telecommunication industry to enhance internet connection. In the case of high traffic volume, the complexity and expense associated with network management increases, which can be easily controlled and automated by deploying SDN orchestration solution.
• In regards to the region, Asia Pacific is forecasted to witness the highest growth rate of 79.5% during the forecast period. The growth rate of the region is the result of rising incorporation of SDN orchestration solutions in the functioning of enterprises located in the Asia Pacific and the increasing number of data centers.

Key companies profiled in the report include:  

Cisco Systems, Huawei, Netcracker, Juniper Networks, Ciena Corporation, Hewlett Packard Enterprise, Cenx, Virtela, Nokia, and Anuta Networks.

Component type Outlook (Revenue, USD Billion; 2020-2026)

• Solutions
• Services

Deployment type Outlook (Revenue, USD Billion; 2020-2026)

• Cloud
• On-Premises

Organization size Type Outlook (Revenue, USD Billion; 2020-2026)

• Large Enterprises
• Small and Medium-Sized Enterprises

End-users Type Outlook (Revenue, USD Billion; 2020-2026)

• Telecom service providers
• Cloud service providers
• Others
  • Healthcare
  • Banking, Financial Services, and Insurance (BFSI)
  • Manufacturing
  • IT-enabled services
  • Government services

Application Type Outlook (Revenue, USD Billion; 2020-2026)

• SD- Wide Area Network [SD-WAN]
• SD- Local Area Network [SD-LAN]
• Software-defined mobile networking [SDMN]
• Security applications
• Others

Based on Region market is segmented into:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East Africa

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