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(Wireless-NewsWire.Com, December 24, 2018 ) The rising need for automation of networks and simplification of network infrastructures has increased the adoption of SDN orchestration solutions across the globe. Moreover, the rising demand for simplified SDN architecture, which is easy to manage with a reduced number of managed devices, and an abstract complexity of the network topology is also contributing to the growth of the market across the globe.
[112 Pages Report] The SDN orchestration market was valued at USD 148.8 Million in 2016 and is projected to reach USD 4,458.5 Million by 2022, at a CAGR of 83.4% during the forecast period from 2017 to 2022.
Objectives of the Study:
1. To analyze micromarkets with respect to individual growth trends and contributions made towards the overall SDN orchestration market
2. To analyze opportunities in the SDN orchestration market for the stakeholders and offer details of a competitive landscape for market leaders
3. To profile the key players and comprehensively analyze their core competencies, which include innovations in their SDN orchestration technologies and improvement in quality of SDN orchestration services and solutions offered by them that result in enhanced customer experience
4. To forecast the size of various segments of the market with respect to five main regions, namely, North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America
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The Asia Pacific SDN orchestration market is projected to grow at the highest CAGR during the forecast period. The growth of the Asia Pacific SDN orchestration market can be attributed to the increased number of data centers in the Asia Pacific region. The SDN orchestration market in countries such as India, China, Russia, Australia, and Japan is expected to grow at significant rates during the forecast period.
Cisco Systems (US), Nokia (Finland), Ciena Corporation (US), Juniper Networks (US), Huawei (China), Netcracker (US), Hewlett Packard Enterprise (US), CENX (US), Virtela (US), QualiSystems (US), Anuta Networks (US), and Zymr (US), among others are the major players operating in SDN orchestration market.
Based on component, the solutions segment of the SDN orchestration market is projected to grow at the highest CAGR between 2017 and 2022. The growth of this segment of the market can be attributed to the increasing focus of enterprises to handle high network traffic, provide a real-time view of various infrastructure elements, and avoid system failures. The services component segment of the SDN orchestration market has further been classified into integration & implementation, training & consulting, and others. The integration & implementation services component segment of the SDN orchestration market is projected to grow at the highest CAGR during the forecast period. The growth of this segment of the market can be attributed to the increasing demand for SDN orchestration solutions and growing deployment and integration of SDN orchestration solutions with other business solutions.
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