The global SDN and NVF market is expected to grow at a significant CAGR during the forecast period 2024-2031. The terms SDN and NVF stand for Software Defines Networks (SDN) and Network Virtualization Function (NVF). These systems are applicable to modify service and network architecture and enable networking systems to design, implement and manage network services. The SDN enables segregation of control plane and data forwarding plane by centralizing programmability and control of the network. While the NVF assist operators and service providers with virtualized functions mainly includes- routing, policy management and load balancing by transferring network function to virtual servers from dedicated appliances.
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The increasing demand for mobility, surging cloud services, growing network management for large networks, rising need for advanced and innovative network architecture and complex and fluctuating network traffic patterns are some major factors that are attributed to driving the growth of the Global SDN and NVF Market.
The market players are adopting various strategies to remain competitive in the market including mergers and acquisitions, technological advancement. For instance, In 2020, Ericcson announced a collaboration with Telefonica, with the acquisition to expand the NVF management and services. Additionally in November 2019, VMware merged with Nokia to expand the partnership with the acquisition to emerge a large scale multi-cloud operation of SDN and NVF and acquire the largest market shares among the global market.
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Market Coverage
- Segment Covered-
o By Solution
o By Application
- Competitive Landscape- Intel Corporation, Hewlett-Packard, Cisco Systems Inc., NEC Corporation and DELL Inc.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global SDN and NVF Market by Segment
By Solution
o Implementation
o service
By Application
o IT & Telecommunication
o BFSI
o Defence
o Government
o Healthcare
o Energy & Utility
o Others
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