Urology Surgical Market: Industry Research Report 2018-2025 Software Defined Networking (SDN) Market Report | Page 2

Software Defined Networking (SDN) to 2025 Publication Month: Feb 2017| No. of Pages: 202| Report Code: TIPTE100000148 | Category: Technology, Media and Telecomunications Introduction: Software defined networking market is expected to grow US$ 23.93 billion by 2025 from US$ 1.62 billion in 2015. The Telecom & IT industry segment market is expected to grow at a CAGR of 30.4% during the forecast period 2016 – 2025. Speed, size, and efficiency are the essential elements which nowadays rule the IT industry. Increased adoption of smart phones, laptops, tablets, gaming consoles and other gadgets for transferring data has created a need for software defined networking. Software defined networking solutions offer various benefits to IT industry such as speed of deployment, waste and energy efficiency and most important is scalability. Thus, IT industry is adopting the software defined networking for keeping pace in the highly competitive market. Furthermore, high growth rate of mobile subscribers is also creating a need for extension in data storage capacity and efficient servers for networking. Telecom industry players are opting for software defined networking solutions as they provide operational efficiency, and reduced costs. E-Mail : [email protected]