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Software Defined Networking Market Share

Report ID: GMI2395
Published Date: Feb 2024
Report Format: PDF

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Software Defined Networking Market Share

Cisco Systems Inc. and Huawei hold a significant market share of over 10% in the software defined networking industry. These key companies bolstered their market presence through strategic partnerships and acquisitions, leveraging synergies to expand their offerings and reach. By forging alliances with complementary technology providers and acquiring niche players, they diversified their product portfolios, catering to a broader range of customer needs. Additionally, these companies invested heavily in research and development, innovating new SDN solutions to stay ahead in the competitive landscape. This proactive approach solidified their positions as industry leaders and fueled the overall growth of the SDN market.

Furthermore, companies capitalized on the growing demand for SDN solutions by enhancing their marketing and sales efforts and effectively communicating the benefits of SDN adoption to potential customers. Through targeted campaigns, industry events, and educational initiatives, they raised awareness about the transformative potential of SDN in modernizing network infrastructure. This concerted outreach effort enabled them to penetrate new markets and engage with diverse customer segments, further consolidating their market presence and driving the widespread adoption of SDN technologies.

Software Defined Networking Market Companies

Major players operating in the software defined networking industry are:

Arista Networks, Inc.
Cisco Systems Inc.
Dell Technologies Inc.
Hewlett Packard Enterprise Company (HPE)
Huawei Technologies Co., Ltd.
International Business Machines Corporation (IBM)
Intel Corporation
Oracle Corporation
VMware, Inc.
ZTE Corporation

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Software defined networking market size was worth USD 28.2 billion in 2023 and is set to expand at over 17% CAGR between 2024 and 2032 driven by the rising need for heightened security and agility in network management.

Software defined networking industry from the solution segment accounted for over USD 20 billion in 2023 and is anticipated to gain significant traction through 2032 owing to its versatile array of offerings catering to diverse business needs.

North America software defined networking industry held 35% of revenue share in 2023 and is estimated to expand at a notable pace through 2032 attributed to the dynamic ecosystem of the region fostering innovation and collaboration.

Some of the leading firms engaged in the software defined networking (SDN) market are Arista Networks, Inc., Cisco Systems Inc., Dell Technologies Inc., Hewlett Packard Enterprise Company (HPE), Huawei Technologies Co., Ltd., International Business Machines Corporation (IBM), Intel Corporation, Oracle Corporation, VMware, Inc., and ZTE Corporation