Global SDN Orchestration market is estimated to grow at a exponential CAGR of 51% during forecast period (2023-2031). Software Defined Networking (SDN) orchestration is defined as a controller within an SDN that manages the activities of the network instead of the hardware that support the network.
There is an increased demand for more agile and simplified network infrastructure. With the growth in connected devices, network infrastructure has accommodated all these devices by providing adequate connectivity and delivering application-based services. SDN orchestration is considered a promising approach that offers benefits such as reduced operational cost and network complexity. SDN centralizes and automates many routine network administration tasks that lead to freeing up the network operator’s time and reduces operational costs.
Technological advancements and innovations in software defined networking orchestration is one of the major factors that contribute towards the growth of global SDN orchestration market during the forecast period. According to the Institute of Electrical and Electronics Engineers (IEEE, United States), the development of SDN Multi Domain Orchestration and Control allows simpler orchestration and networking control.
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Global SDN Orchestration market is primarily driven by increasing demand for cloud services, data center consolidation and increased network infrastructure. As per Institute of Electrical and Electronics Engineers (IEEE, United States), there has been increasing demand for cloud services across IT enterprises due to lowered investment cost and fixed cost for businesses that is expected to increase the demand for networking orchestration services to efficiently manage data traffic across the cloud. Data center consolidation is expected to generate heavy data traffic across a single data center necessitating the demand of SDN Orchestration technology to efficiently manage the increased data traffic and cost saving.
Global SDN Orchestration market has been segmented on the basis of component, organization size and end-users. Telecom service providers in global SDN Orchestration market accounts the largest share in terms of revenue with around 47% market share in 2019. Rising penetration of internet is expected to generate more mobile data traffic volume in near future. Moreover, adoption of cellular network infrastructure such as 5G mobile networks is contributing towards the adoption of SDN orchestration by telecom service providers.
Geographically, SDN Orchestration market has been segmented into North America, Europe, Asia Pacific and Rest of World (ROW). North America leads global SDN orchestration market by capturing largest market share of over 34.6% in 2019 and is expected to grow at CAGR of 82.4% during forecast period. Asia Pacific is expected to grow at fastest pace in SDN Orchestration market by capturing market share in terms of revenue of around 24.94% in 2019.
Partnership and collaboration is the primary strategy adopted by companies in global SDN orchestration market. Strategic partnership allows the companies to share their resources to serve their respective self-interest. The partnership also helps to share economic burden and helps to provide better services to consumers. The major key players involved in global SDN orchestration market are Cisco Systems (US), Nokia (Finland), Ciena Corporation (US), Juniper Networks (US) and Huawei (China) and others.
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