Making a profound headway in APAC software defined networking market share with the successful launch of these services in Japan, Colt had also planned to introduce the same On Demand SDN services in Hong Kong and Singapore as well.
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The U.K. based telecommunications behemoth, Colt Technology Services, had apparently declared its plan of expanding its On Demand software defined networking market across APAC belt. Powered by Colt IQ Network, the firm’s On Demand SDN services are characterized by high flexibility, real-time bandwidth variation, and agility.
North America is leading the Software defined networking market with over 35% share in 2018 due to the proliferation of several mobility solutions and advancements in the connectivity infrastructure. Telecom providers, such as AT&T, Verizon, and Spirit, have invested heavily in next-generation networking solutions to augment their infrastructures capabilities. The Asia Pacific market is expected to grow at a high CAGR of over during the forecast timespan due to the widespread use of network virtualization and cloud computing solutions. The emergence of 5G technology and the extensive use of IoT devices across various industry sectors is further supplementing software defined networking market growth in the region.
Software defined networking emerged as an advanced architecture paradigm, amalgamating different technological capabilities applied to management of network functions, design, and service platforms. Pertaining to these benefits, numerous IT service companies have been feverishly changing their perspective toward adoption of software-based solutions for resolving several business challenges, which in a way is impelling software defined networking market share. It had been stipulated by Cisco in one of its Cloud Index reports, that over 65% of all data centers would adopt software defined networking market partially or fully by the end of 2021, a sharp rise from the 2016 records.
In a bid to reinforce its position in software defined networking market, Orange Business Services signed a collaborative agreement with Cisco a while back. Apparently, in consequence of this deal, the former is planning to showcase the onboarding of Cisco’s SD-WAN virtual network function on Cisco ENCS (Enterprise Network Compute System). In fact, with the aforementioned platform under its belt, Orange Business Services’ customers would gain a fully functional visualized solution for their network services, as a part of Orange universal CPE offering.
The telecommunication sector is probably embarking on a transformational shift in recent years. Software Defined Networking market is deemed to be a major stipendiary of this transition. Telecommunication networks, apparently, have migrated from traditional hardware and appliance centric deployment to cloud based model, with software playing a pivotal role in network functionality. The increasing popularity of software defined networking market can be majorly attributed to this fundamental aspect.
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Tremendous technological interventions in the telecom sector have evidently narrowed the gap between developing and developed nations, giving software defined networking market players lucrative opportunities to extend their geographical reach. However, considering the immense investments by U.S. telecom service providers in software defined networking, the regional software defined networking market has undoubtedly turned out to be hotbed for potential investors. For instance, American telecom giant AT&T has recently poured in USD 200 million to support startups that mainly focusses on promoting SDN technology and connected services. These kinds of hefty investments toward integrating new age software facilities in the existing telecommunication network is certain to leave a positive impression on U.S. software defined networking market size.
Table of content for this research report:
Chapter 4. software defined networking market competitive landscape, 2018
4.2.Company analysis by major players, 2018
4.2.1. Cisco Systems
4.2.2. Big Switch Networks
4.2.3. HP Enterprise
4.2.5. Juniper Networks
4.3.Company analysis by innovation leaders, 2018
4.3.2. Cumulus Technologies
4.3.4. Cloud Genix
4.3.5. Talari Networks
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The companies operating in the software defined networking market include Cisco, Intel, AT&T, Pluribus, Pluribus, Huawei, Pics8, Extreme Networks, Juniper, Arista Networks, NEC Corporation, Plexxi, Big Switch Networks, HP, IBM, and Intel. Market players are acquiring start-ups working on SDN technologies to extend their product lines and develop new product offerings. For instance, in May 2017, Cisco acquired Viptela to enhance its SDN functionality. Cisco aims to incorporate Viptela?s cloud-based approach in its existing product portfolio.
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