Software defined networking (SDN) has the potential to revolutionize legacy data centers by offering an efficient way to control network operations, according to a new report published by research and consulting company Acumen Research & Consulting (ARC).
According to Acumen’s predictions, the global SDN market is expected to grow at an astonishing CAGR of around 47 percent from 2016 to 2022 and reach more than $130 billion.
The report stated that the astounding amount of data generated (mobile devices, cloud computing and social media) push traditional networks to their limit.
Therefore, there is higher demand for advanced network infrastructures to manage huge amounts of data. The analysts added, that despite the fact that computing and storage have benefited from progress in automation and virtualization, these benefits are suppressed by the limitations in network capabilities.
The report noted that SDN helps administrators and network engineers to swiftly respond to changing business requirements through centralized control.
The report authors stated that SDN offers a centralized, programmable network that can dynamically match the changing business requirements and offers benefits such as reduced capital expenditure, reduced operating expenditure, directly programmable, offers centralized management and optimization, enables innovation and delivers agility and flexibility.
According to the analysts, North America was the largest market for SDN technology in 2015 and the region is expected to maintain its leading position.
They added that SDN is being extensively adopted in various industry verticals including healthcare, banking financial services and insurance, IT, energy, telecom and others.
One of the major reasons for the higher adoption of this technology is the high standardization offered by this technology. Cloud computing, mobility services, and network virtualization are adopted by numerous players in North America at early stage.