The Global Software-definednetworking (SDN) orchestration 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.
Apart from the initiatives by the key players of the market,
the growth of SDN orchestration market is also the result of various benefits
associated with the incorporation of SDN orchestration. As an instance, the
integration of SDN orchestration provides the user with effective network
management and end-to-end visibility. By including SDN orchestration in the
functioning of an organization, the network administrator is required to manage
only one centralized controller for distributing policies to the associated
switches, rather than managing multiple devices. Such effectiveness of SDN
orchestration helps in enhancing the management of the network system in an
organization. Such benefits associated with SDN orchestration results in its
increased demand, contributing to the market growth of the SDN orchestration
market.
In regards to the region, Europe can be seen to occupy the
second largest market share in the SDN orchestration market, during the
forecast period. The significant market presence of Europe in the SDN
orchestration market is the result of the development of networking
technologies and increased use of cloud-based applications in this
region.
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Further key findings from the report suggest
- Software-defined
networking (SDN) orchestration 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
participants include Cisco Systems, Huawei, Netcracker, Juniper Networks,
Ciena Corporation, Hewlett Packard Enterprise, Cenx, Virtela, Nokia, and
Anuta Networks.
For the purpose of this report, Reports and Data have
segmented the global Software-defined networking (SDN) orchestration market
according to Component, Deployment Type, Organization Size, End-users,
Application, and Region:
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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
Regional Outlook (Revenue, USD Billion; 2020-2026)
- North
America
- U.S.
- Europe
- UK
- France
- Asia
Pacific
- China
- India
- Japan
- MEA
- Latin
America
- Brazil
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