MarketsandMarkets forecasts the growth of the SDN orchestration market 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% during the period from 2017 to 2022. The major drivers for the growth fo the SDN orchestration market include increasing demand for cloud services, data center consolidation, and server virtualization, growing automation of networks, and increasing requirement to simplify network infrastructures.
This report covers the SDN orchestration market analysis based on component, organization size, end user, and region. The demand for SDN orchestration is increasing due to the increased adoption of SDN orchestration technologies across various enterprises as these technologies improve the speed of data transfer using real-time bandwidth allocation. The SDN orchestration is adopted by telecom service providers, cloud service providers, and others (Banking, Financial Services, and Insurance (BFSI), healthcare, manufacturing, government, and IT-enabled services).
Based on component, the solutions segment of the SDN orchestration market is projected to grow at the highest CAGR during the forecast period. The rapid adoption of SDN orchestration solutions by various enterprises to track the health of their networks and maintain their network resources is driving the growth of the solutions segment of the SDN orchestration market.
Based on organization size, the small & medium-sized enterprises segment of the SDN orchestration market is projected to grow at the highest rate during the forecast period. The growth of this segment of the market can be attributed to the adoption of SDN orchestration solutions by small & medium-sized enterprises as these solutions help enterprises in reducing expenditure associated with the management of their networks.
The Asia Pacific SDN orchestration market is projected to grow at the highest CAGR during the forecast period. The growth of the Asia Pacific SDN orchestration market can be attributed to the increased adoption of SDN orchestration solutions by various enterprises in this region as these solutions enhance the agility and operational efficiency of networks. In addition, an increase in the number of data centers in the Asia Pacific region is also expected to drive the growth of the SDN orchestration 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 companies to develop innovative SDN technologies and continuous expansion of telecom operations in these countries.
The increasing integration of analytics with SDN orchestration is considered to be one of the major opportunities for the growth of the SDN orchestration market across the globe. This integration of analytics with SDN orchestration not only accelerates the development and deployment of various analytics applications to address different business goals and operational requirements of various end users but also fulfills the changing requirements of customers. The use of advanced Big Data analytics, machine learning innovations, and an open SDN architecture enables automation of networks of different enterprises. This, in turn, helps enterprises make data-driven decisions to monetize their networks and simplify their operations.
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