North America Software Defined Networking Market Worth $4,604.4 Million by 2019

According to the new market research report “North America Software Defined Networking Market, by Solution (SDN Switching, SDN Controllers, Virtual Cloud Application), by End User (Enterprise, Telecommunication Service Providers, Cloud Service Providers), by Geography - Analysis & Forecast to 2019”, North America Software-Defined Networking (SDN) Market is growing from $1,478.3 million in 2014 to $4,604.4 million by 2019, at a CAGR of 25.5% during the period under consideration.

Browse through the TOC of North America Software-Defined Networking (SDN) Market for an analysis of industry trends, segments & forecasts.

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The report on North America Software-Defined Networking Market defines and segments this market into various sub-segments with an in-depth analysis and forecasting of revenues. The report also identifies market drivers, inhibitors, and opportunities affecting it, along with the technology roadmap and adoption trends.

This report also segments the North America Software Defined Networking market on the basis of solution, which are SDN switching, SDN controllers, and SDN virtual cloud application. On the basis of end-users, the market is divided into, telecommunication service providers, cloud service providers, and enterprises. The market is divided into the U.S. and Canada on the basis of geography.

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The major driving factors for the North America SDN market are the growing need for mobility, new architecture, surging cloud services, varying traffic patterns, and network management of large networks along with the network management of geographically spread assets. Challenges faced in the SDN market include the established and extensive usage of the current technology for networking management and the lack of industry standards for SDN. More importantly, the SDN solutions are still naïve, and as a result of this, they might have various software glitches, which raise the issue of security concern on deployment of these solutions. The SDN solutions address the challenges of network programmability, agility, flexibility and centralized control of entire network, and reduction in organization’s capital and operational expenditure on network infrastructures. SDN finds extensive applications in various verticals, such as banking, financial services and insurance (BFSI), healthcare, education, government, energy, etc.

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The task of configuring enterprise networks to suit the requirements of the critical business applications is very time consuming. It is performed using expensive procedures, and therefore it has a high operational expenditure. SDN simplifies this task and has the ability to perform the same task in several minutes and in real-time, at a fraction of original cost.

Related Reports:Europe Software Defined Networking (SDN) MarketThe European software defined networking market is estimated to grow from $39.4 million in 2013 to $742.4 million by 2019, at a CAGR of 64.6%, for the given period. http://www.micromarketmonitor.com/market/europe-software-defined-network-sdn-6310562654.html

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