SDN is the most effective way to manage big data, which generates large amount of highly distributed data related to marketing, business operations, productions which are analyzed to enable better decision-making.
Moreover, it has been observed that extensive deployment of data centers are further strengthening the growth of SDN market across the globe.
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The increasing demand for better technologies and the increasing deployment of data centers are the key factors that attribute towards the growth of the SDN market across the globe. Due to rapid advancements in technology, SDN is gaining huge popularity owing to more efficient and effective working environment.
North America is the largest SDN market due to earlier advancements in the technology of this segment.
Asia-Pacific is anticipated to witness the fastest growth during the forecast period due to the increasing deployment of data centers and increasing demand from various small and medium enterprises related to the adoption of cloud computing technology is bolstering the growth of the SDN market across the globe.
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Key players in SDN market are evolving latest technologies and performing mergers and acquisitions that are further helping the key players to attain competitive advantage.
The prominent players in the SDN market include Ericsson AB, Nokia Corporation, Intel Corporation, Cisco Systems, Inc., Huawei Technologies Co. Ltd., Dell Inc., PICA8, Inc. Hewlett-Packard, Intel Corporation and Big Switch Networks, Inc.
Source: VynZ Research