Europe SDN Orchestration Market Size, Share & Industry Trends Analysis Report By Component (Solution and Services), By Vertical, By Organization size (Large Enterprises and SMEs), By End Use, By Country and Growth Forecast, 2022 - 2028
The Europe SDN Orchestration Market would witness market growth of 58.1% CAGR during the forecast period (2022-2028).
Network service orchestration is connected with a wide range of advantages. One of the most obvious advantages is that the company would be able to operate more effectively, allowing employees and employers to focus on their primary duties. This is due to the fact that network and IT management workers would not have to spend as much time on regular activities, which can eat up resources and prevent employees from working on the initiatives that will genuinely advance the business.
Some firms will seek to reallocate workers to such areas for planning and programming as they expand and become more reliant on automation and artificial intelligence (AI).Customers should also consider a number of additional advantages of a network orchestration business strategy. These include increased network management through quick remediation and automation, operational improvements, expedited time to market for innovations or services, and enhanced customer experience. Better budget management should also not be neglected.
The manufacturing industry of Europe is significantly expanding. Regional countries are majorly increasing their investments in the growth of the manufacturing industries across Europe. For example, according to the International Trade Administration, Italy is the second-largest manufacturer of goods in Europe, and it has exceptional expertise in a wide range of critical industries, including machine tools, clothing, food, pharmaceuticals, and automobiles. Italian firms continue to spend significantly on cutting-edge manufacturing technologies that enhance productivity and lower manufacturing inputs in regions where exports are a major focus. Among these technologies are additive manufacturing, robots, and industrial automation.
The Germany market dominated the Europe SDN Orchestration Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,071.2 million by 2028. The UK market is anticipated to grow at a CAGR of 56.8% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 59.3% during (2022 - 2028).
Based on Component, the market is segmented into Solution and Services. Based on Vertical, the market is segmented into IT & Telecom, BFSI, Manufacturing, Healthcare, Government & Defense and Others. Based on Organization size, the market is segmented into Large Enterprises and SMEs. Based on End Use, the market is segmented into Cloud Service Providers and Telecom Service Providers. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., Hewlett-Packard enterprise company, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Nokia Corporation, Ciena Corporation, Juniper Networks, Inc., NEC Corporation, Qualitest Group, Anuta Networks International LLC, and Zymr, Inc.
Scope of the Study
Market Segments covered in the Report:
By Component
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