Global Software-Defined Networking and Network Function Virtualization market cagr 8.5%

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Software-Defined Networking and Network Function

Virtualization

Market

Software-Defined Networking and Network Function

Virtualization Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Software-Defined Networking and Network Function

Virtualization Market Size and Growth

Software-Defined Networking (SDN) and Network Function Virtualization (NFV) markets are experiencing robust growth, driven by increasing demand for agile and scalable network solutions. The global SDN market is projected to reach approximately $38 billion by 2025, while NFV is expected to exceed $70 billion, reflecting strong investment in digital transformation.

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Companies Covered

(Covid 19 Impact Covered)

◍ Cisco Systems, Inc.

◍ Hewlett Packard Enterprise Co.

◍ Juniper Networks, Inc.

◍ Huawei Technologies Co., Ltd.

◍ NEC Corporation

◍ Pica8, Inc.

The Software-Defined Networking (SDN) and Network Function Virtualization (NFV) market features key players like Cisco, HPE, and Huawei, leveraging SDN/NFV for flexibility and scalability. These companies innovate solutions enhancing network efficiency, driving market growth. Notable revenues include Cisco ($51.6B), HPE ($29.1B), and Juniper Networks ($5.4B).

◍ Brocade Communications Systems, Inc.

◍ Ciena Corporation

◍ Intel Corporation

◍ Pluribus Networks Inc.

◍ Big Switch Networks, Inc.

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Market Segmentation

By Application

Healthcare

BFSI

Consumer Goods and Retail

Government and Defense

Manufacturing

ITES

Others

By

Product

◍ Software (Controller, and Application Software),

Physical Appliances

Service

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Market Growth

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$ X Billion USD

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