A recently released report from TechSci Research, a research based global management consulting firm, revealed that software defined networking (SDN) market in India is expected to exhibit a CAGR of 36%, in value terms, during 2017 to 2022.
Since a lot of enterprises are expanding their service portfolio, and cloud service providers are increasing their focus on providing more efficient and agile services, the demand for SDN solutions is continuously increasing. The rising demand for SDN by large data centers, government policies such as Digital India and increasing competition between telecom companies, are also the factors behind the SDN market growth in India.
“Telecom service providers are likely to be the fastest growing segment of end users in India software defined networking market. Growing internet and smartphone penetration as well as rising competition between telecom service providers due to the entry of competitive and low-price services is propelling telecom service providers to offer seamless and uninterrupted services, which is leading to increasing adoption of SDN solutions by telecom service companies,” said Mr. Karan Chechi, Research Director with TechSci Research.
The enterprises, telecom companies and cloud service providers are the three major users of SDN solutions, out of which, enterprises dominated the Indian SDN market in 2016, and is further expected to dominate for coming years as well due to increasing demands for agile network infrastructure.
The northern region of the country holds the most number of IT companies and their corporate offices, and it is expected be the fastest growing region in adopting SDN solutions during forecast period, as per the report.
The research report, India Software Defined Networking Market By Solution, By End User, Competition Forecast & Opportunities, 2012 – 2022, provides statistics and information on market structure, size, share, and future growth of Indian SDN market.