Global Software Defined Networking (SDN) Market Analysis, Trends, and Forecasts 2018-2024
Software defined networking (SDN) technology is an approach that helps the providers to avail network management to its customers. In order to improve performance and monitoring of network SDN enables efficient and effective configuration to the users.
SDN is the most effective way to manage big data, which generates a large amount of highly distributed data related to marketing, business operations, productions which are analyzed to enable better decision-making. Moreover, it has been observed that extensive deployment of data centers is further strengthening the growth of the SDN market across the globe.
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Based upon organization size, the SDN market across the globe is segmented into large, and small and medium enterprises. Among the two segments, small and medium enterprises are anticipated to witness faster growth in demand for SDN solution during the forecast period since it enables the enterprises to develop flexible network structures and enables the small business enterprises to modify their business model without the requirement to reset entire business model.
The increasing demand for better technologies and the increasing deployment of data centers are the key factors that attribute towards the growth of the SDN market across the globe. Due to rapid advancements in technology, SDN is gaining huge popularity owing to more efficient and effective working environment.
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The prominent players in the SDN market include Ericsson AB, Nokia Corporation, Intel Corporation, Cisco Systems, Inc., Huawei Technologies Co. Ltd., Dell Inc., PICA8, Inc. Hewlett-Packard, Intel Corporation and Big Switch Networks, Inc.