SDN and NFV Market Size 2023 | New Business Opportunities with Covid-19 Effect, Growth Drivers, Latest Trends, Future Demand, Analysis by Top Leading Player till Forecast 2030
SDN and NFV Market
Virtualization is enabling networking to design, implement, and manage network services far more efficiently than all premise bases. Among virtualization, SND and NFV are the two key technologies enabling the transition.This report focuses on global and United States SDN and NFV market, also covers the segmentation data of other regions in regional level and county level.Due to the COVID-19 pandemic, the global SDN and NFV market size is estimated to be worth USD 38800 million in 2022 and is forecast to a readjusted size of USD 96510 million by 2028 with a CAGR of 16.4% during the review period. Two technology trends that are transforming network management, particularly those that are widely-distributed and employ public, private or hybrid cloud services, are software-defined networks (SDN) and network functions virtualization (NFV). North America, Europe, APAC are the representative regions, and the local vendors play important roles. NFV is expected to be more than SDN market, and has higher growth rate in the following years. The application field is mainly in Telecom and IT, BFSI, Government and Public Utilities currently. In addition, wider application scenario such as medical, energy and education will rise in the future.SDN and NFV industry concentration is relatively high. Top players such as Cisco, Ericsson, Huawei, Nokia, Intel, HP have market share more than 20% in total. United States has many vendors. The market entrance barrier is high.SDN and NFV market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global SDN and NFV market will be able to gain the upper hand as they use the report as a powerful resource.
Major players covered in SDN and NFV Market are:
- Cisco
- Ericsson
- Huawei
- Nokia
- Intel
- HP
- IBM
- Juniper Networks
- Broadcom
- Dell
- Oracle
- NEC (Netcracker)
- Ciena (Blue Planet)
- Arista Networks
- Amdocs
- Comarch
- ZTE
- H3C
Market Segment by Type:
- SDN
- NFV
Market Segment by Application:
- Telecom and IT
- BFSI
- Government and Public Utilities
- Manufacturing
- Others
Presented in an accessible format, the SDN and NFV Market Report contains key insights and data-driven recommendations.
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