Software-defined Networking (SDN) Market - Evolving Opportunities with Arista Networks Inc. and Broadcom Inc. |38% of Growth to Originate from North America|17000+ Technavio Reports
NEW YORK, Feb. 1, 2022 /PRNewswire/ --38% of the growth will originate from North America for thesoftware-defined networking (SDN) market.
- NEW YORK, Feb. 1, 2022 /PRNewswire/ --38% of the growth will originate from North America for thesoftware-defined networking (SDN) market.
- However, the market growth rate in North America will be slowerthan the growth of the market in other regions.
- The increasing demand for 5G-enabled Internet of things (IoT) solutionswillfacilitate thesoftware-defined networking market growth in North Americaover the forecast period.The software-defined networking (SDN) market is expected to grow by USD 25.97 billion from 2020to 2025.
- However, the growth momentum is likely to decelerate at a CAGR of 25.18% as per the latest report by Technavio.