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17 March 2017
| James Pearce
The global carrier software-defined network market is predicted to top $9.5 billion by 2023, according to Research and Markets.
In its "Worldwide Carrier SDN Market - Drivers,
Opportunities, Trends, and Forecasts: 2017-2023" report,
Research and Markets said it expects carrier SDN to to grow at
a compound annual rate of round 42.3% during the next six
This is due to carriers turning to virtualisation to deal
with the increasing number of connected devices, growing data
traffic and increasing network complexity, the report
The biggest share of this will be taken by the services and
applications market, which is predicted to reach $4.8 billion
The SDN controller market will also play a major role, with
the report predicting it to reach $2.85 billion by 2023, with a
CAGR of 43%.
VMware, Cisco Systems, HPE and Huawei Technologies were
among a number of companies identified as key players in the
segment, according to Research and Markets.
North America is expected to lead SDN adoption, with the
report predicting it will reach $3.3 billion by 2023.
Research and Markets aid: "Increasing demand for high-speed
data connectivity has forced telecom providers to innovate
their product offerings to be able to completely transforming
the traditional network infrastructure and address the growing
needs of consumers.
"In addition, network operators are facing certain
challenges such as data traffic, difficulty in adding new
network services, and limited utilization of bandwidth for
delivering profitable on-demand services.
"These situations have led the demand for the adoption of
software defined networking services in carrier networks, which
enable bandwidth improvisation, automated traffic management,
and customization to meet the client’s
Research and Markets,