Global SDN Orchestration Market 2017-2022 - A $4.45 Billion Market Opportunity Driven by Increasing Demand for Cloud Services - ResearchAndMarkets.com

The "SDN Orchestration Market by Component (Solutions, Services), Organization Size (Large Enterprises, Small & Medium-Sized Enterprises), End User (Cloud Service Providers, Telecom Service Providers), Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.

The SDN orchestration market is projected to grow from USD 214.7 Million in 2017 to USD 4,458.5 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 83.4%.

Increasing demand for cloud services, data center consolidation, and server virtualization, growing automation of networks, and increasing need for simplified network infrastructures are the factors driving the growth of the SDN orchestration market across the globe.

The Asia Pacific SDN orchestration market is projected to grow at the highest CAGR from 2017 to 2022. The growth of the Asia Pacific SDN orchestration market can be attributed to the increased adoption of SDN orchestration solutions by enterprises in the Asia Pacific region to enhance agility and operational efficiency of their network infrastructures. In addition, increased number of data centers in the Asia Pacific region is also projected to drive the growth of the market in this region. The SDN orchestration market in China, Japan, and Korea is projected to witness significant growth during the forecast period, owing to the increased R&D investments made by various companies to develop innovative SDN technologies and rapid expansion of telecom operations in these countries.

Some of the factors restraining the growth of the SDN orchestration market are the major security concerns as SDN orchestration technology is still in the nascent stage and use of this technology can often lead to hacking of data and networks. Thus, the security of the vulnerable data is a major concern with the use of SDN orchestration technology. SDN orchestration is used for network virtualization, thus creating hundreds or thousands of networks together. Several vendors and service providers have included security platforms and services, along with their solution suites and service offerings to enhance their SDN orchestration offerings in the market.

Key players in the SDN orchestration market are Cisco Systems (US), Nokia (Finland), Ciena Corporation (US), Juniper Networks (US), Huawei (China), Netcracker (US), Hewlett Packard Enterprise (US), CENX (US), Virtela (US), QualiSystems (US), Anuta Networks (US), and Zymr (US), among others. These companies are adopting different growth strategies such as expansions, mergers & acquisitions, partnerships, and new product launches to increase their market shares in the SDN orchestration market.

Market Dynamics

Drivers

• Increasing Demand for Cloud Services, Data Center Consolidation, and Server Virtualization
• Automation of Networks
• Increased Network Infrastructure

Restraints

• Security Concerns

Opportunities

• Innovative Service Offerings From Telecom Operators
• Role of Value-Added Resellers (VARS), Integrators, and Infrastructure Vendors in the Implementation of SDN Orchestration
• Increasing Development and Deployment of Analytics Applications

Challenges

• Lack of Knowledge Among End Users and Enterprises
• Strict Governance and Security Standards Across the Globe

Companies Mentioned

• Anuta Networks
• CENX
• Ciena Corporation
• Cisco Systems
• Hewlett Packard Enterprise
• Huawei
• Juniper Networks
• Netcracker
• Nokia
• Qualisystems
• Virtela
• ZYMR

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View source version on businesswire.com: http://www.businesswire.com/news/home/20180116006231/en/