5G to Drive New Opportunities for Growth in the Software-Defined Anything Market

University of Miami has rolled out new 5G technology-based virtual environment to improve learning on its campus. This new environment, the first of its kind-based on 5G technology is expected to drive major opportunities in the near future. The new infrastructure offers much higher speeds, lower latency, and makes way better opportunities for communication. 5G is expected to open new opportunities like vide-conference, holograms, virtual environment, 3D imaging, 3D printing in new sectors. Major pharmacies like Walgreens are experimenting with 3D technology in the US to print personalized medicine in the country. Personalized medicine, a major concern in the healthcare sector is viable with the help of 5G technology. The technology will rely on heavy usage of data and will require secure and robust environments to secure and drive hardware. Hence, 5G technology is expected to open up new opportunities for growth in the software-defined anything market.

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Cloud Solutions Promise Major Growth for the Software-Defined Anything Market

The rising mobility, and efficiency, and productivity benefits of cloud systems are expected to drive significant growth for the software-defined anything market. Cloud solutions are increasingly used in various sectors including finance, IT, and even in automobiles to store and manage large amounts of data. Moreover, in sectors like healthcare this data can be later be used for research purposes to find solutions to critical illnesses. Help of large data sets are also expected to drive significant growth potential in other sectors and is driving trends like machine learning, and big data. This is expected to drive significant growth for the software-defined anything market. Additionally, trends like work from anywhere are also expected to drive more need for secure and one-control-for all solutions across different sectors. The rising demand for mobility from employees, and increasing reliance of cloud solutions are expected to emerge as largest trends in the software-defined anything market.

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Software Defined Anything Network Market Rising Owing to its Ability to Overcome Network Infrastructure limitations

Software defined anything network (SDN) refers to a technology that helps organizations maintain complex networks. It helps in overcoming limitation associated with traditional network infrastructure. The software defined anything network marker is emerging as one of the most lucrative and promising networking technologies in the global market. This is mainly because of its ability to help organization enable network virtualization and innovation and addressing networking problems.

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Software defined anything network is poised to redefine networking as it effectively help in separating data plane from control plane, a lucid improvisation to the traditionally distributed control planes. Apart from this, some of the prominent factors responsible for the growth of the software defined anything market are-

• Software define network is gaining immense popularity among the consumers owing to its ability to offer ease of operation to the enterprise.

• Software define network helps segregate controls and data plane in the network. This helps to implements a centralized and programmable control over data networks. Thus, it plays a major role in managing typical networking infrastructure in organizations. It offers enhanced implementation of customized, virtual, and automated network for data traffic management and efficiently managing big data and other technologies.

• However, lack of awerness and absence of skilled manpower to operate this technology is expected to hamper growth of the software defined anything market.

• One of the vital factor contributing to the growth of the software defined anything market is the rising need from the end users. Growth in the deployment of personal devices such as smartphones, notebooks, and tablets to access corporate networks is main reason behind this increased demand.

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• For instance, in December 2018, Vodafone entered into a strategic partnership with Huawei to base its SDN and NFV deployment. Under this, Huawei would supply its OpenStack-powered cloud OS, FusionSphere for building agile cloud data centers for Vodafone.

Cloud Services a Boon for SDx Market but Data Privacy a Concern

San Francisco, California, Oct 25, 2017: A recent business and commerce study by TMR Research has assured the stockholders that the demand in the global software-defined anything (SDx) market will expand at a robust CAGR during the forecast period of 2017 to 2025. The fresh study, titled “Software-Defined Anything Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025,” has been compiled by professional market research analysts and aspires to serve as a business tool for its targeted audiences such as software-defined technology providers, data centers, software deployment and integration providers, government research agencies and private research organizations, technical universities, and market research and consulting firms.

The report is a result of primary and secondary research that involved consultancy with market experts. Beginning with an overview of the current scenario of the SDx market, the report analyzes various factors including drivers, restraints, and trends, segments it into smaller aspects, gauges the potential of every important region, and throws light on the competitive landscape by profiling a number of leading vendors for their business strategies, product portfolio, and geographical presence.

As per the findings of the report, some of the key factors that will favor the software-defined anything market in the near future are: ability of these software to optimize the cost of hardware installed, increasing demand for cloud services, growing need for new network architecture for server virtualization, and rise of new software defined concepts. With increased access to the network, end users can now control a range of portable and traditional devices, and the shift toward promoting a greater role for software systems will continue to expand. On the other hand, the lack of industry standards for vendors implementation, absence of skilled workforce for effective deployment of SDx infrastructure, data privacy issues, and lack of enhanced power and cooling infrastructure that is required to support the equipment are some of the obstructions that must be overcome by the vendors of software-defined anything market in the near future.

Technology-wise, the global software-defined anything market can be segmented into software-defined data center (SDDC), software-defined networking (SDN), and software-defined storage (SDS). In the current scenario, telecom and ITES verticals are increasingly adopting SDA technologies and account for the major demand share of this segment, as these technologies can centrally control and manage the entire data center resources, including cooling and power. Based on end-use industry, the market can be bifurcated into banking, financial services, and insurance (BFSI), telecom and ITES, education, logistics and warehouse, consumer goods and retail, government and defense, and healthcare. On the basis of service, the market can be classified into integration and deployment, consulting, and managed services, whereas based on deployment mode, the market can be categorized into on-premise and cloud-based.

Geographically, the report takes stock of the potential of software-defined anything market in every important region such as North America, South America, Europe, Asia Pacific, and Middle East and Africa. For each of these regions, the report not only providers demand and independent growth rates, it also picks out the important countries that the vendors should be concentrating on in order to extract maximum profits.

As far as the competitive landscape is concerned, the report has detected an evolving scenario wherein product development is of great essence. A number of companies are currently venturing into the market and most of them are focused on acquiring small companies in order to enhance their product portfolio and virtualization of offerings. The report identifies Microsoft, Cisco, EMC2, IBM, Citrix, HP, and VMware as some of the key companies currently operating in the global SDx market.

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