PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1453938
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1453938
According to Stratistics MRC, the Global Scalable Software Defined Networking Market is accounted for $28.19 billion in 2023 and is expected to reach $184.13 billion by 2030 growing at a CAGR of 30.75% during the forecast period. SDN, or scalable software-defined networking, is a revolutionary method of network administration that improves large-scale network infrastructures adaptability, efficiency, and flexibility. SDN, in contrast to conventional network architectures, separates the control plane from the underlying hardware, enabling centralized programmable controllers to control network resources on-the-fly. Moreover, administrators can automate and coordinate work, assign resources as needed, and apply policies uniformly throughout the network thanks to this division, which makes the network infrastructure more responsive and scalable.
According to the International Association of Computer Science and Information Technology (IACSIT), the integration of Scalable Software Defined Networking (SDN) has become increasingly pivotal in addressing the growing demands for network scalability, efficiency, and adaptability in the rapidly evolving landscape of computer science and information technology.
Division of data and control planes
The separation of control and data planes, which is a fundamental change in network architecture, is the driving force behind scalable software-defined networking, or SDN. These planes are closely integrated into network devices in conventional networks, which reduce their adaptability. Scalability is encouraged by the centralized control made possible by SDN's separation of them. SDN makes efficient scaling possible by centrally controlling network behavior. Furthermore, this eliminates the need for laborious manual configurations when adding or removing network devices.
Initial expenses of implementation
The initial implementation costs of SDN can pose a significant obstacle, despite its apparent long-term benefits. Businesses might have to pay for the installation of SDN controllers, the purchase of appropriate hardware, and employee training for the new system. Additionally, the initial outlay may be difficult, especially for startups or smaller businesses with tighter resources, which could impede the uptake of scalable SDN.
Improved agility of the network
Scalable Software-Defined Networking (SDN) provides unparalleled network agility, enabling enterprises to react quickly to changing business requirements. SDN makes it possible to quickly modify network configurations through programmable interfaces, which makes it easier to integrate new services and applications. This flexibility helps businesses adapt to changing market conditions and stay ahead of the competition in sectors where demands are constantly changing. Moreover, the flexibility of SDN facilitates the adoption of creative networking tactics, encouraging ongoing enhancement and future-proofing of the network architecture.
Security risks and vulnerabilities
The greater attack surface and security flaws brought about by the centralized control plane are among the main risks to scalable Software Defined Networking (SDN). Potential dangers include breaking into the control plane without authorization, launching malicious assaults on SDN controllers, and taking advantage of holes in the programmable interfaces. SDN disruptions, data leaks, or unauthorized network policy manipulation could result from security breaches. Furthermore, in order to guarantee the availability, integrity, and confidentiality of the network infrastructure, it is imperative that these security issues are addressed as SDN adoption increases.
The COVID-19 pandemic has caused significant disruptions in a number of different sectors and has had a significant impact on global markets. Uncertainties and contractions in the economy have resulted from lockdowns, disruptions in the supply chain, and changes in consumer behaviour. Certain sectors of the economy, like technology and e-commerce, grew more quickly than others; these sectors included travel, lodging, and traditional retail. The pandemic made resilience and adaptability even more crucial, which led to a reassessment of business models and an acceleration of the digital transformation across numerous industries.
The Operation Support System and Business Support System (OSS/BSS) segment is expected to be the largest during the forecast period
In the market, the Operation Support System and Business Support System (OSS/BSS) segment has the largest market share. In the telecommunications sector, OSS and BSS are essential elements that oversee and facilitate network operations and business procedures. SDN centralization and automation in OSS/BSS improve the overall performance and nimbleness of telecom networks by handling critical tasks like network provisioning, billing, and service assurance. SDN in OSS/BSS enables more efficient network management, dynamic resource allocation, and an enhanced customer experience. Moreover, telecom operators can optimize their operations, cut costs, and react faster to shifting market demands by integrating SDN technologies into OSS/BSS.
The Cloud Service Providers segment is expected to have the highest CAGR during the forecast period
The Scalable Software Defined Networking (SDN) market's highest CAGR is seen in the Cloud Service Providers segment. Cloud service providers are depending more and more on SDN to improve the flexibility, scalability, and efficiency of their infrastructure as cloud computing continues to rule the modern IT scene. These providers can optimize network performance, allocate and manage resources dynamically, and quickly adjust to changing user demands thanks to SDN. Additionally, cloud service providers can now provide more personalized and responsive services to meet the changing needs of end users and businesses, thanks to the integration of SDN technologies.
The North American region is anticipated to hold the largest market share in the Scalable Software Defined Networking (SDN) sector. This area has been at the forefront of technological development and has seen a large industry adoption of SDN solutions. The dominance of North America in this market can be attributed to the existence of significant technology companies, research institutions, and an established IT infrastructure. Furthermore, the region has seen significant investments in SDN infrastructure from businesses looking to improve the efficiency, flexibility, and security of their networks.
The Asia-Pacific (APAC) region has the highest CAGR in the market for scalable software-defined networking, or SDN. Rapid economic expansion, digital transformation, and a rise in the use of cutting-edge technologies across a range of industries have all been observed in APAC. In order to meet the region's increasing networking needs, scalable SDN solutions are in high demand due to the region's large population and growing IT infrastructure. Moreover, the adoption of SDN technologies has been fueled by significant investments made by emerging economies in Asia-Pacific, including China and India, in modernizing their network infrastructure.
Key players in the market
Some of the key players in Scalable Software Defined Networking market include Dell Technologies Inc., Hewlett Packard Enterprise Company, IBM Corporation, Juniper Networks, Inc., NEC Corporation, Arista Networks Inc., Intel Corporation, Pluribus Networks Inc., Cisco Systems, Inc., Huawei Technologies Co., Ltd., Nokia Corporation and Cumulus Networks, Inc.
In November 2023, Hewlett Packard Enterprise (HPE) announced it's extending collaboration with Nvidia (NVDA) to boost its reach into generative artificial intelligence (AI). The company said the agreement will help create what it called the next series of AI-native and hybrid cloud offerings. The products will combine HPE's hybrid cloud, supercomputing, and AI/machine learning software to enable organizations to become AI-powered businesses, the company said.
In July 2023, Dell Technologies announced that it has signed a definitive agreement to acquire Moogsoft, an AI-driven provider of intelligent monitoring solutions that support DevOps and ITOps. This transaction will further enhance Dell's AIOps capabilities, as part of its longstanding approach of embedding AI functionality within its product portfolio and as a critical component of its multicloud by design strategy.
In June 2023, IBM announced that it has entered into a definitive agreement with Vista Equity Partners to purchase Apptio Inc., a leader in financial and operational IT management and optimization (FinOps) software, for $4.6 billion. The acquisition of Apptio will accelerate the advancement of IBM's IT automation capabilities and enable enterprise leaders to deliver enhanced business value across technology investments.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.