However unsurprisingly, the entire market of IT and
ITES has grown more significantly with the effective developments in the
technology of carrier SDN. Significant growth in the connectivity of high-speed
data has influenced the suppliers to innovate their product offering to be able
to completely diversifying the earlier infrastructure of network and address
the rising need of consumers. The carrier SDN market is set to be on the
developing markets in the coming five years. The SDN hardware, software and services
& applications are the main stream products being accepted in carrier
networks. This opportunity has concluded in the huge investment in the
innovations for the growth of carrier SDN market by OEMs, device manufacturers
and technology vendors. Additionally, the key players of this market are
playing an important role by making effective developments in the technology of
carrier SDN for attaining the highest market share which further make the
market more competitive and influenced the other existing key players and
coming investors for making effective amount of investments.
There is an augmented internet by the network
enterprises for accepting the smart SDN solutions to deliver the developed and
innovative services as per the requirement of customers to capture the market
share and stand out from the competitive industry. According to the report
analysis, ‘Worldwide
Carrier SDN Market - Drivers,
Opportunities, Trends, And Forecasts: 2017-2023’ it is states that there are several key
players which are recently functioning in this market more effectively for
capturing the handsome amount of share across the globe by adopting the effective
strategies and policies after knowing the strength of other key players
includes VMware Inc, Cisco Systems, Hewlett Packard Enterprise Development LP,
Huawei Technologies Co Ltd, Alcatel-Lucent SAEricsson, Brocade Communications
Systems, Inc, Big Switch Networks, Inc, Plexxi Inc, Pica8 Inc, Midokura, Pluribus
Networks, Inocybe Technologies and several others. Therefore, with the
effective working of the key players and competitive nature of the market, the
market will lead an effective market growth more significantly during the
forecasted period.
According to
the research, the worldwide carrier SDN market is expected to reach USD 9,510.3
million by 2023, rising at an effective CAGR of approximately 42.3% during the
forecast period of 2017-2023. Effectively increase in the adoption of connected
devices, rising data traffic, network complexities and need for the network
connectivity with the superior bandwidth are forcing the network enterprises to
aim on the improvement of advanced and attractive SDN offerings to deliver the
telecom industry growth. Additionally, on the basis of region, North America
leads the market share majorly because of the advancements in technology and
its acceptance. Whereas, the
underdeveloped regions such as Asia-Pacific will be booming the market growth
mainly driven by speedy smartphone adoption and growing internet subscribers.
Therefore, in the near future, it is expected that the worldwide carrier SDN
market will increase more significantly over the recent few years with the
effective investment by the new investors and existing key players.
To know more, click on the link below:-
https://www.kenresearch.com/technology-and-telecom/it-and-ites/worldwide-carrier-sdn/173089-105.html
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
