Search Software Defined Networking ( #SDN ) Market Is Likely To Grow At A CAGR Of 44.2% From 2014 To 2020: Grand View Research, Inc.By PR Rocket on September 18, 2016  Pin It Grand View Research, Inc. – Market Research And Consulting. According to the report published by Grand View Research, global software defined networking (SDN) market was estimated to be valued at USD 326.5 million in 2013 and is expected to reach USD 4,909.8 million by 2020, this market trends is particularly prevalent in emerging nations, which have witnessed high demand for mobile phones, tablets. Growing need and demand for mobility is a key driving force for the market. Software defined networking market is expected to reach USD 4.91 billion by 2020. Software defined networking separates the control pane from the forwarding plane in a network. This helps in efficient data flow control and provides network administrators with a software-based approach to managing the network. Increasing need to implement cloud computing services in an organized and productive market is expected to drive the market growth. Also, the rise in demand for proliferation and mobility of mobile devices is projected to fuel market growth further over the forecast period. Software defined network provided a software interface for a system administrator to control and manage the network in an easier and efficient manner thereby helping in setting up of efficient network infrastructure. However, due to the unavailability of any standard process in the implementation of SDN along with difficulty faced in migration from legacy systems is expected to restrain market growth over the forecast period. Rising trend of using BYOD in an organization is projected to serve as an emerging opportunity in the market. Enterprises accounted for over 38% of the market share in 2013 and were the largest end-user segment. This trend will continue over the forecast period owing to increasing demand from various end-users including retail chains and hotels.
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