Software Defined Networking Market Scope, Growth, Size and Share by 2031
Software Defined Networking Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 23.45 Billion |
Market Size by 2031 | US$ 93.10 Billion |
Global CAGR (2023 - 2031) | 18.8% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Solutions
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Software Defined Networking Market News and Recent Developments
The software defined networking market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:
- In November 2023, - VMware, Inc. announced new solutions and expanded partnerships to help customers accelerate their digital transformation at the edge. Building upon the recently introduced VMware Software-Defined Edge, these innovations and new integrations will help customers simplify, better secure, and modernize their edge environments.
(Source: VMware, Inc., Press Release, 2023)
- In February 2023, ETSI Open Source Group TeraFlowSDN announced the 2nd release of the TeraFlowSDN controller, an innovative and robust SDN orchestrator and controller. TeraFlowSDN Released 2 provides extended and validated support for end-to-end transport network slicing over multiple network domains. This release completes SDN orchestration for L2/L3VPN provisioning, microwave networks, Point-to-Multipoint integration of XR optical transceivers, and interaction with optical SDN controllers through the Open Networking Foundation (ONF) Transport API (TAPI).
(Source: ETSI, Press Release, 2022)
Software Defined Networking Market Report Coverage and Deliverables
The "Software Defined Networking Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter's Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles