Global SDN and NFV Market Growth (Status and Outlook) 2023-2029

Global SDN and NFV Market Growth (Status and Outlook) 2023-2029

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.
LPI (LP Information)' newest research report, the “SDN and NFV Industry Forecast” looks at past sales and reviews total world SDN and NFV sales in 2022, providing a comprehensive analysis by region and market sector of projected SDN and NFV sales for 2023 through 2029. With SDN and NFV sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world SDN and NFV industry.
This Insight Report provides a comprehensive analysis of the global SDN and NFV landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on SDN and NFV portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global SDN and NFV market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for SDN and NFV and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global SDN and NFV.
The global SDN and NFV market size is projected to grow from US$ 32220 million in 2022 to US$ 96790 million in 2029; it is expected to grow at a CAGR of 17.0% from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of SDN and NFV market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
SDN
NFV
Segmentation by application
Telecom and IT
BFSI
Government and Public Utilities
Manufacturing
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cisco
Ericsson
Huawei
Nokia
Intel
HP
IBM
Juniper Networks
Broadcom
Dell
Oracle
NEC (Netcracker)
Ciena (Blue Planet)
Arista Networks
Amdocs
Comarch
ZTE
H3C

Please note: The report will take approximately 2 business days to prepare and deliver.