The Market Reports

Synopsis

The global market for SDN and NFV was estimated to be worth US$ 44530 million in 2024 and is forecast to a readjusted size of US$ 127100 million by 2031 with a CAGR of 16.4% during the forecast period 2025-2031.

Virtualization is enabling networking to design, implement, and manage network services far more efficiently than all premise bases. Among virtualization, SND and NFV are the two key technologies enabling the transition.

Two technology trends that are transforming network management, particularly those that are widely-distributed and employ public, private or hybrid cloud services, are software-defined networks (SDN) and network functions virtualization (NFV). North America, Europe, APAC are the representative regions, and the local vendors play important roles. NFV is expected to be more than SDN market, and has higher growth rate in the following years. The application field is mainly in Telecom and IT, BFSI, Government and Public Utilities currently. In addition, wider application scenario such as medical, energy and education will rise in the future. SDN and NFV industry concentration is relatively high. Top players such as Cisco, Ericsson, Huawei, Nokia, Intel, HP have market share more than 20% in total. United States has many vendors. The market entrance barrier is high.

This report aims to provide a comprehensive presentation of the global market for SDN and NFV, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of SDN and NFV by region & country, by Type, and by Application.

The SDN and NFV market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding SDN and NFV.

Market Segmentation

By Company

• Cisco
• Ericsson
• Huawei
• Nokia
• Intel
• HP
• IBM
• Juniper Networks
• Broadcom
• Dell
• Oracle
• NEC (Netcracker)
• Ciena (Blue Planet)
• Arista Networks
• Amdocs
• Comarch
• ZTE
• H3C

Segment by Type

• SDN
• NFV

Segment by Application

• Telecom and IT
• BFSI
• Government and Public Utilities
• Manufacturing
• Others

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.