While NFV sputters along, software-defined networking (SDN) continues to flourish across service providers’ networks.
According to a report by Global Market Insights, the SDN market will increase from just over $8 billion last year to $100 billion by 2025.
The SDN controller market is projected to grow at a CAGR of more than 40% over the same time frame while managed service providers in the SDN market are predicted to grow at a CAGR of more than 45%.
Global Market Insights’ report said that rising budgetary constraints are pushing companies to adopt managed services, which can reduce capital by 30% to 40% while increasing operational efficiency by 50% to 60%.
