5G SDN Market Size, Share, Opportunities, And Trends By Application (Network Automation, Network Protection), By Enterprise Size (Small & Medium, Large), By End-User (Telecom Service Provider, Cloud Service Provider, Enterprise (BFSI, Healthcare, Government, Manufacturing, Retail, Others)), And By Geography - Forecasts From 2024 To 2029
- Published : Jul 2024
- Report Code : KSI061616644
- Pages : 140
The global 5G SDN market is projected to grow at a CAGR of 36.67% during the forecast period.
GROWTH DRIVERS
- Leveraging SDN for the 5G Networks
As 5G's adoption and rollout accelerate, Innovative uses of the technology show potential in a wide variety of settings. SDN approaches have been viewed as promising facilitators for this carrier cloud vision, which will almost certainly play a critical part in the architecture of 5G wireless networks. SDN's significance in 5G wireless networks stems from its capacity to enable new features such as network virtualization, automation, and the creation of new services on top of virtualized resources in safe and trustworthy networks.
For instance:
- According to Infosys, SDN and 5G will transform the network capabilities by bringing in significant opportunities for artificial intelligence (AI), automation, and network virtualization. In the coming years, the cost might be lowered, and enhanced delivery for network based services, information, and telecommunication (IT) systems, and application.
Remote work needs are met with SD-WAN
SD-WAN solutions have gained prominence for enhancing broadband connectivity, optimizing application performance, and enabling access to diverse enterprise applications. The flexibility and efficiency of remote operations are improved through SD-WAN adoption. While system integrators initially embarked on their SDN journey through data center networks, like Cisco ACI and VMware NSX, there's a growing provider emphasis on SD-WAN.
- In November 2022, VMware continues to strengthen its position in SD-WAN leadership through advancements that empower businesses to securely link their dispersed, multi-cloud edges. These novel attributes and functionalities cater to three pivotal transformational domains: Cloud, workforce, and application evolution.
5G boost to global GDP
According to Qualcomm, the 5G market is driving economic growth, sustainability, and resilience. 5G connectivity will become vital in the coming years as 5G will advance mobile connectivity from connecting people to people, and people to information. Additionally, 5G is expected to have a positive impact on the overall GDP, in the coming years. It is expected that sales of 5G enabled devices will reach to US$13.1 trillion by 2035, the jobs created with the help of this technology are expected to reach between 22.3-to 22.8 by 2035.
Moreover, according to Accenture, 5G is world’s next breakthrough, and is expected to have a significant impact on the American economy. According to this report 5G is expected to transform 16 million jobs across all cross from public, private, and government. United States economy is expected to be drive up to US$2.7 trillion in additional growth sales output, of which 5G will add up to US$1.5 trillion in the economy, which is larger than the GDP of 94% countries in the world.
EMERGING OPPORTUNITIES IN THE 5G SDN MARKET
- Network Automation & Network Protection
Network Automation enables you to speed up application deployment by automating network and security provisioning and management through the complete application lifecycles and across the data center and cloud environments. In a Cisco-commissioned survey by Analysys Mason on network automation, 75% of service providers see it as a top-5 business priority. About 73% aim to reduce opex, aligning with network economics transformation, while 46% leverage automation for quicker service deployment, crucial in the 5G era's monetization strategies.
GEOGRAPHICAL PRESENCE
- In March 2020, the Philippines' largest digital services provider PLDT and its wireless business Smart Communications announced that they are now ready to deploy 5G services on Cisco's new unified SDN transport infrastructure. Converting to a converged SDN transport network simplifies the network, boosts capacity, and enhances scalability while ensuring a consistent and superior customer experience.
The countries have undertaken various measures, which have complemented the overall market growth. For instance, Ensono's a US-based network operator, in order to meet the growing demand for networking and security services.
MAJOR PLAYERS IN THE MARKET
Some of the leading players in the market include Cisco, VMware among others. The product offerings of the major corporations include the following:
COMPANY NAME |
PRODUCT NAME |
DESCRIPTION |
CISCO |
Application Centric Infrastructure (ACI) |
ACI is Cisco's flagship SDN solution that helps organizations to automate network provisioning and deliver application-centric policies. The solution offers centralized automation, policy-based management, and supports multi-vendor environments. |
VMware |
NSX |
NSX is a network virtualization and security platform that enables the creation and management of logical networks. It provides a centralized management console and supports multi-hypervisor and hybrid cloud infrastructures. |
Big Switch Networks |
Big Cloud Fabric |
Big Cloud Fabric is a next-generation data center switching fabric that uses SDN to automate and scale networks. The technology streamlines network operations, enables an open environment, and can serve both physical and virtual workloads. |
5G SDN Market Scope:
Report Metric | Details |
Growth Rate | CAGR of 36.67% from 2024 to 2029 |
Study Period | 2019 to 2029 |
Historical Data | 2019 to 2022 |
Base Year | 2024 |
Forecast Period | 2024 – 2029 |
Forecast Unit (Value) | USD Billion |
Segments Covered |
|
Companies Covered |
|
Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Customization Scope | Free report customization with purchase |
SEGMENTATION
The global 5G SDN market has been analyzed through the following segments:
- By Application
- Network Automation
- Network Protection
- By Enterprise Size
- Small & Medium
- Large
- By End-User
- Telecom Service Provider
- Cloud Service Provider
- Enterprise
- BFSI
- Healthcare
- Government
- Manufacturing
- Retail
- Others
- By Geography
- Americas
- United States
- Others
- Europe, the Middle East, and Africa
- Germany
- UK
- Others
- Asia Pacific
- China
- Japan
- South Korea
- Others
- Americas
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Market Segmentation
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Bandwidth Availability
4.4. Number of Users
5. GOVERNMENT REGULATIONS/POLICIES
6. 5G SDN MARKET, BY APPLICATION
6.1. Network Automation
6.2. Network Protection
7. 5G SDN MARKET, BY ENTERPRISE SIZE
7.1. Small & Medium
7.2. Large
8. 5G SDN MARKET, BY END-USER
8.1. Introduction
8.2. Telecom Service Provider
8.3. Cloud Service Provider
8.4. Enterprise
8.4.1. BFSI
8.4.2. Healthcare
8.4.3. Government
8.4.4. Manufacturing
8.4.5. Retail
8.4.6. Others
9. 5G SDN MARKET, BY GEOGRAPHY
9.1. Introduction
9.2. Americas
9.2.1. United States
9.2.2. Others
9.3. Europe, Middle East and Africa
9.3.1. Germany
9.3.2. UK
9.3.3. Others
9.4. Asia Pacific
9.4.1. China
9.4.2. Japan
9.4.3. South Korea
9.4.4. Others
10. RECENT DEVELOPMENT AND INVESTMENTS
11. COMPETITIVE ENVIRONMENT AND ANALYSIS
11.1. Major Players and Strategy Analysis
11.2. Vendor Competitiveness Matrix
12. COMPANY PROFILES
12.1. Intel Corporation
12.2. Huawei Technologies Co., Ltd.
12.3. SAMSUNG
12.4. Calsoft Inc.
12.5. Cisco
12.6. Telefonaktiebolaget LM Ericsson
12.7. NOKIA
12.8. Intelsat
Intel Corporation
Huawei Technologies Co., Ltd
SAMSUNG
Cisco
Telefonaktiebolaget LM Ericsson
NOKIA
Intelsat
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