Dublin, Dec. 30, 2019 (GLOBE NEWSWIRE) — The “Software-Defined Anything (SDx) Market by Type (SDN, SD-WAN, and SDDC), End User (Service Providers and Enterprises (BFSI, Retail, Healthcare, Education, Government, and Manufacturing)), and Region – Global Forecast to 2024” report has been added to ResearchAndMarkets.com’s offering.
The global Software-Defined Anything (SDx) market size is expected to grow from 51.7 billion in 2019 to USD 160.8 by 2024, at a Compound Annual Growth Rate (CAGR) of 25.5% during the forecast period.
Increasing big data generation by enterprises and their increasing demand for virtualization and cloud in data centers to drive the market growth of SDx solutions
Organizations worldwide are increasingly adopting SDx solutions as these technologies were introduced to enable efficient policy-based creation, deletion, and management of data in private and public cloud infrastructure along with effective network management and control. Due to multi-fold benefits, the SDx market is showing growth across the globe.
By type, the Software-Defined Anything (SDDC) segment is expected to account for the highest market share during the forecast period
By type, the SDDC segment is expected to account for the highest market share during the forecast period. Organizations are widely adopting SDDC as they enable them to capitalize on the agility, elasticity, and scalability of cloud computing. Businesses are leveraging the chief advantages of SDDC that enable them to automate all functions with the help of intelligent software, speeding Information Technology (IT) resource provisioning and enhancement of operational management.
By enterprise, the retail enterprise segment to record the highest growth rate during the forecast period
By enterprise, the retail enterprise segment is expected to record the highest growth rate during the forecast period. The companies in retail across the globe are increasingly adopting SDx solutions to enrich and curate the customer experience by using a huge amount of customer data available to them. They are opting for SDx solutions that help them speed up digital and in-store service delivery, reduce complexities, and build and maintain growing flexible network architecture.
By region, APAC to grow at the highest CAGR during the forecast period
APAC is estimated to grow at the highest CAGR during the forecast period, due to the widespread adoption of emerging technologies, such as cloud computing, big data analytics, and rising digital transformation in the region. Organizations are moving to a hybrid IT model, and the need to ensure secure, highly agile, and flexible network access to branch offices across the region has become more pivotal than ever. Strong, resilient networks are becoming the core of the organization’s digital investment priorities as they race to build their presence in the region. Moreover, the presence of growing economies, such as China and India, which are rapidly implementing latest technologies due to the increasing internet penetration and improving customer demand, which is increasing big data, is also considered to be a key factor for the growth of the SDx market in the region.
The report would help the market leaders/new entrants in the following ways:
- It comprehensively segments the SDx market and provides the closest approximations of the revenue numbers for the overall market and its subsegments across regions.
- It would help stakeholders understand the pulse of the market and provide information on the key market drivers, restraints, challenges, and opportunities.
- It would help stakeholders understand their competitors better and gain more insights to enhance their positions in the market. The competitive landscape section includes competitor ecosystem, new service developments, partnerships, and acquisitions.
Key Topics Covered:
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regions Covered
1.4 Years Considered for the Study
1.5 Currency Considered
2 Research Methodology
2.1 Research Data
2.2 Market Breakup and Data Triangulation
2.3 Market Size Estimation
2.4 Market Forecast
2.5 Competitive Leadership Mapping
2.6 Assumptions for the Study
2.7 Limitations of the Study
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunities in the Global SD WAN Market
4.2 Market By Deployment Type, 2018
4.3 Market in North America, By End User and Country
4.4 Market in Europe, By End User and Country
4.5 Market in Asia Pacific, By End User and Country
5 Market Overview
5.2 Market Dynamics
5.3 Software Defined WAN Application Areas
6 SD WAN Market By Network Type
6.2 Multiprotocol Label Switching
6.4 Long-Term Evolution
7 SD WAN Market By Component
8 SD WAN Market By Deployment Type
9 SD WAN Market By End User
9.2 Service Providers
10 SD WAN Market Geographic Analysis
10.2 North America
10.4 Asia Pacific
10.5 Rest of the World
11 Competitive Landscape
11.1 Competitive Leadership Mapping
11.2 Strength of Product Portfolio (29 Players)
11.3 Business Strategy Excellence (29 Players)
11.4 Ranking of Key Players for the SD WAN Market, 2018
12 Company Profiles
12.3 Silver Peak
12.10 Juniper Networks
12.16 Versa Networks
12.17 Adaptiv Networks
12.19 Lavelle Networks
12.21 Mushroom Networks
For more information about this report visit https://www.researchandmarkets.com/r/y4plqh
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900