Software Defined Networking (Sdn) Market to Grow at an Impressive 61.5% Cagr Till 2018, Thanks to Increasing Need for Mobility

Software Defined Networking (SDN) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2012 - 2018” is a report published by Transparency Market Research (TMR), which highlights the latest trends of the global SDN market. According to this report, the global software defined networking market will soar at a CAGR of 61.5% during the forecast period from 2012 to 2018 and will reach a value of US$3.52 billion by 2018.

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Software defined networking (SDN) technique aims at building a more scalable and flexible network. This technique allows network administrators to achieve data flow control through the entire network instead of the individual devices. SDN also helps to easily create secure paths for data flow. SDN architecture manages mobility in a scalable manner and utilizes available resources optimally. Software defined networking technology allows programming and managing of the network at a higher scale with increased flexibility and agility. To implement cloud computing services effectively in an organization and to optimize its benefit in the infrastructure, a clear understanding of software defined networking technology is crucial.

Factors such as the growing need for mobility, rising cloud services, and the escalating need for efficient network infrastructure will drive the global software defined networking market. On the other hand, interoperability challenges along with the lack of standardization and awareness among buyers will suppress the growth of the market. Nonetheless, players will benefit from the increasing adoption of BYOD in the market. The global SDN market is fragmented in nature. It is marked with the presence of multiple firms from different verticals such as hardware providers, software developers, and service producers. The key market players operating in...