Software Defined Networking (SDN) market in Asia Pacific to grow at 40% CAGR to 2025

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Software Defined Networking (SDN) market to grow
at 40 CAGR from 2019 to 2025 Global Market
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Overview of Software Defined Networking (SDN)
Market

• The Asia Pacific Software Defined Networking
  (SDN) Market is anticipated to grow at a CAGR of
  over 40 during the projected timespan. This is
  attributed to the increasing adoption of cloud
  computing and network virtualization
  technologies. The high investments by telecom
  service providers will enhance the connectivity
  infrastructure in the region, augmenting the use
  of SDN solutions. For instance, Chinas telecom
  companies, such as China Mobile China Unicom, and
  China Telecom, are set to invest over USD 180
  billion by 2023 in the development of the 5G
  infrastructure, which is expected to supplement
  market growth. Furthermore, increasing
  penetration of smartphones and the internet is
  also adding to market growth.
• The organizations across the globe are under
  increasing pressure to minimize the capital
  expenditure and operational costs and become more
  agile and efficient. This rising pressure has
  resulted in the widespread adoption of server
  virtualization and Software Defined Networking
  technologies. The has brought a fundamental shift
  in the way companies are deploying their
  computing infrastructure. The Software Defined
  Networking technology supports dynamic network
  movement, replication allocation of virtual
  resources to better utilize company resources and
  reduce the capital operating expenses of
  organizations.

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• The Software Defined Networking (SDN) Market has
  witnessed exponential growth due to the
  widespread adoption of new networking
  technologies. The use of different types of
  networking architectures has increased the
  complexity of managing controlling networks.
  The network operators are looking for new ways to
  integrate different types of networks while
  meeting the challenges of increasing data
  traffic. The traditional networking solutions are
  rigid and are unable to accommodate various
  networking topologies within the network
  infrastructures. This is encouraging companies to
  adopt SDN solutions as it enables heterogeneous
  network scenarios by simultaneously accommodating
  multiple solutions without affecting the
  performance of networks.
• The SDN controller market is estimated to grow
  at a CAGR of over 40 over the projected time
  period. The exponential surge in the generation
  of digital data has given rise to data congestion
  issues in various heterogenous network
  environments. The SDN controller reduces the
  complexity of managing such networks by improving
  service delivery and reducing operating expenses.
  It redirects packet-based network requirements,
  modifies the traffic flows, and notifies network
  operators regarding congested links. Managed
  service providers in software defined networking
  market are predicted to grow at a CAGR of over
  45 over the forecast timeframe. The rising
  budgetary constraints are encouraging companies
  to adopt managed services. The managed services
  reduce capital expenditure by 30 to 40 and
  increase operational efficiency by approximately
  50 to 60.

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• U.S. Software Defined
  Networking Market Share, By Solution, 2018

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• Cloud service providers held over 35 share in
  the Software Defined Networking (SDN) Market.
  Cloud service providers are leveraging on the
  abilities of SDN to build a cloud inter-network
  for augmenting the flexibility and scalability of
  cloud-based platforms. SDN offers a dynamic
  network framework that can amend the traditional
  network infrastructure into an efficient service
  distribution platform. Moreover, SDN adoption in
  cloud computing solutions can improve the safety
  and network manageability in data centers.
• The manufacturing industry is expected to
  register a growth rate of over 40 during the
  projected timespan. The increasing proliferation
  of advanced technologies, such as the Internet of
  Things (IoT) and Machine-to-Machine (M2M), is
  driving the use of SDN solutions in the sector.
  The technology reduces the hardware expenditure
  by eliminating the requirements for manual
  configuration. It also enables a central point of
  control that allows operators to control the
  whole network as a single unit, enhancing network
  visibility and streamlining network management.

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• The key vendors operating in the Software Defined
  Networking (SDN) Market are HP, ATT, IBM, Intel,
  Juniper, Huawei, Pics8, Big Switch Network
  Plexxi. Extreme Networks Arista Network,
  Pluribus, Pics8, NEC Corporation, and Cisco. The
  major players are strategically acquiring various
  SDN-based start-ups to enhance product
  capabilities and gain technical expertise. For
  instance, in November 2017, the VMware acquired
  Velocloud to expand its presence in the software
  defined networking market. VMware intends to
  integrate Veloclouds SDN technology into its
  existing product portfolio.

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