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The Software-defined Networking Market is projected to reach $73.5 billion by 2031, at a CAGR of 22.8% from 2024–2031. The growth of the software-defined networking market is driven by the proliferation of data centers, the increasing utilization of smart devices in industrial and infrastructure applications, and the growth in network infrastructure automation in Asia-Pacific. However, interoperability issues due to uneven SDN standards restrain the growth of this market.
Furthermore, the increasing deployment of 5G networks and enterprises’ growing preference for network slicing are expected to generate growth opportunities for the stakeholders in this market. However, the shortage of skilled networking professionals is a major challenge impacting the growth of the software-defined networking market.
Here are the top 10 companies operating in the Software-defined Networking Market
Cisco Systems, Inc. develops, manufactures, and sells networking hardware, software, telecommunications equipment, and other high-technology products and services. The company employs intent-based technologies across networking, security, collaborations, applications, and the cloud that continuously learn and adapt to provide customers with a secure, intelligent platform for digital transformation. Cisco operates in the market through two business segments—Product and Service.
Cisco provides platforms for networking, security, collaborations, applications, and the cloud. The company also offers products related to network programmability, such as software-defined networking (SDN) products.
Huawei Technologies Co., Ltd. (A Subsidiary of Huawei Investment & Holding Co., Ltd.)
Huawei Technologies Co., Ltd. is an information and communications technology company that specializes in the communication field, comprising intelligent terminals and storage, networks, and computing fields. The company provides cloud solutions for consumers, operators, and enterprises. Huawei provides the CloudCampus solution for campus networks, the CloudFabric solution for Data Center Networks (DCNs), and the SD-WAN solution for wireless networks.
Huawei Investment & Holding Co., Ltd. (China) is the parent company of Huawei Technologies Co., Ltd. (China). The company operates in the market through four segments—Carrier Business, Enterprise Business, Consumer Business, and Other.
Broadcom Inc. designs, develops, and supplies a broad range of semiconductor and infrastructure software solutions. Its product portfolio serves critical markets, including data centers, networking, enterprise software, broadband, wireless, storage, and industrial. The company operates in the market through two business segments—Semiconductor Solutions and Infrastructure Software.
The Semiconductor Solutions segment offers solutions for various applications such as STB and broadband access, data centers, service providers, enterprise and embedded networking, mobile device connectivity, servers, and storage systems, HDD and SSD, factory automation, renewable energy, and automotive electronics. The Infrastructure Software segment offers various software, including mainframe software, distributed software, Symantec cyber security, FC SAN management, and payment security.
Hewlett Packard Enterprise Company
Hewlett Packard Enterprise Company offers information technology-based solutions. The company provides services to help customers migrate their data to the cloud. The company’s Software-defined Networking (SDN) products provide an end-to-end solution to automate networks from data centers to campuses. The HP SDN ecosystem delivers resources to develop and create a marketplace for SDN applications.
Hewlett operates in the market through five business segments—Compute, HPC & AI, Storage, Intelligent Edge, and Financial Services. The Compute segment offers general-purpose servers for multi-workload computing and workload-optimized servers. The storage segment offers primary storage products and services.
Juniper Networks, Inc. is a networking company that provides networking and security solutions. The company is engaged in designing, developing, and selling products for high-performance networks. Juniper manufactures and markets networking products, including routers, switches, network management software, network security products, and software-defined networking technology. The company operates in the market through four segments—Automated WAN Solutions, Cloud-ready Data Center, AI-driven Enterprise, and Hardware Maintenance and Professional Services. Juniper mainly focuses on creating innovative products and solutions to meet customers’ growing demands.
Meticulous Research in its latest publication on Software-defined Networking Market has predicted the growth of 22.8% during the forecast year 2024-2031.
Telefonaktiebolaget LM Ericsson
Telefonaktiebolaget LM Ericsson is a telecommunication and networking company that operates in the market through four segments—Networks, Cloud Software and Services, Enterprise, and Other. Ericsson offers multi-technology-capable Radio Access Network (RAN) solutions for all network spectrum bands, including integrated high-performing hardware and software. The company also provides cloud-native and automation solutions for 4G and 5G networks.
With its subsidiaries and a strong distribution network, the company has a geographical presence across Asia, Oceania, North America, Europe, Latin America, and the Middle East & Africa. The company’s subsidiaries include Ericsson Global Network Platform Holding Inc. (U.S.), Ericsson Holdings Ltd (U.K.), Ericsson (Malaysia) Sdn. Bhd. (Malaysia), Belair Networks (Canada), and Ericsson Telecommunications Pte. Ltd. (Singapore).
Ciena Corporation provides optical and routing systems, services, and automation software. The company offers network platforms, hardware, software, and services to network operators for deploying and managing next-generation networks that deliver services to businesses and consumers. These offerings are used by communications service providers, cable and multiservice operators, cloud providers, submarine network operators, governments, and enterprises across multiple industry verticals. Ciena operates in the market through four business segments—Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services. The Networking Platforms segment offers optical networking, routing, and switching solutions.
Nokia Corporation
Nokia Corporation is an information technology, telecommunications, and electronics company engaged in the development of network equipment, software, and services. It provides IoT, mobile telephony, and digital health services. Nokia offers a wide range of mobile devices, services, and software. The company operates in the market through four business segments—Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies.
The Network Infrastructure segment provides fiber, fixed wireless access technologies, copper, IP routing, data center, subsea, and terrestrial optical networks, and related services to customers. In mobile networks, the company offers products and services for radio access networks covering technologies from 2G to 5G.
Oracle Corporation is a global provider of products and services that address enterprise information technology (IT) environments. The company’s products & services include enterprise applications & infrastructure offerings that deliver a variety of flexible and interoperable IT deployment models. The IT deployment models include on-premise, cloud-based, and hybrid deployment. Oracle operates in the market through three business segments—Cloud and License, Hardware, and Services.
The company offers its products & services to government agencies, educational institutions, resellers, and other industries. Oracle’s SDN controller offers high-speed ethernet connectivity to IB networks.
NEC Corporation
NEC Corporation is an electronic and information technology company engaged in all telecom network layers from front-haul and back-haul, physical and virtual networks, network orchestration, to management and business layers with Digital OSS and BSS. NEC operates in the market through three business segments—IT Services, Social Infrastructure, and Others.
The company provides SDN solutions using OpenFlow protocols that enable full network virtualization and allow enterprises, data centers, and service providers to easily deploy, control, monitor, and manage secure multi-tenant network infrastructures.
Authoritative Research on the Software-defined Networking Market – Global Opportunity Analysis and Industry Forecast (2024-2031)
Need more information? Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following:
- Recent financial performance
- Key products
- Significant company strategies
- Partnerships and acquisitions
The Comprehensive report provides global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends.
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