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Thursday, August 10, 2017

Software Defined Networking (SDN) Market Accruals to USD 61 Billion By 2023 At 39% of CAGR: Declares MRFR

PUNE, India, Aug. 10, 2017 /PRNewswire/ -- Market Research Future published a half-cooked research report on "Global Software Defined Networking (#SDN) Market Research Report - Forecast to 2023"– Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023. #Cisco Systems, Inc. (U.S.), #HewlettPackardEnterprise (U.S.), #IBM Corporation (U.S.), #Intel Corporation (U.S.), #Juniper Networks (U.S.), #Intersil (U.S.), #VMware, Inc. (U.S.), #BigSwitch Networks (U.S.), #Pica8, Inc. (U.S.), and #Huawei Technologies Co. Ltd. (China) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Software Defined Networking (SDN) Market. Software Defined Networking (SDN) Market – Overview The Global Software Defined Networking (SDN) Market is growing with the rapid pace; mainly due to the increasing demand from various industry verticals. According to a recent study report published by the Market Research Future, The global market of Software Defined Networking (SDN) is booming and expected to gain prominence over the forecast period. The global software defined networking market is expected to grow at approx. 61 Billion USD by 2023, at a staggering double digit CAGR of 39% of between 2017 and 2023. The aggrandizing growth of the SDN market is attributed to the augmented demand from various industry verticals like BFSI, healthcare, manufacturing, IT & telecommunication and government among others. Increasing adoption of software defined networking solutions and services is one of the major factors fuelling the growth of software defined networking market. Additionally, Flexible way of managing and controlling the complex network and efficient data traffic management is one of the major reasons for the growth of software defined networking market. Moreover, growing demand for cloud based services and increasing demand for mobility and server virtualization are other factors fostering the growth of software defined networking market. And last but by no means least, the rising trend of bring your own device in the organizations is projected to serve as an emerging opportunity in the market.

http://www.prnewswire.com/news-releases/software-defined-networking-sdn-market-accruals-to-usd-61-billion-by-2023-at-39-of-cagr-declares-mrfr-300502622.html

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