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The software-defined networking (SDN) market is majorly being driven by the rising penetration of the internet in the market. North America represented the largest software-defined networking market share in 2020 due to the growing demand for bandwidth and cloud solutions and the introduction of 5G-enabled IoT services.
The use of mobile devices has risen exponentially in recent years, which means that well-organized data networks across private and public sectors are increasingly required, leading to the growth of the software-defined networking (SDN) market. Businesses have commonly used mobility tools to improve profitability, maximize mobile workforce efficiency, and more. SDN controller provides a central access point for the allocation of security and policy information constantly throughout the company and resolves complicated issues such as securing mobility services in BYOD devices, providing centrally managed networks, personalising consumer use of data in the telecom sector and reducing the use of hardware networks and others.
In February 2021, Arista Networks, Inc. (NYSE: ANET), one of the key players, announced that it had acquired another network monitoring and SDN (Software Defined Networking) company called Big Switch Networks. The investment would improve the network control and adherence suite of the organisation through the CloudVision and DANZ (Data ANalyZer) software systems of Arista.
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The major key players in the global software-defined networking (SDN) market include companies like Arista Networks, Inc. (NYSE: ANET), Cisco Systems, Inc. (NASDAQ: CSCO), HUAWEI Technologies Co., Ltd., Juniper Networks, Inc. (NYSE: JNPR), VMware, Inc. (NYSE: VMW), and Extreme Networks, Inc., among others. The comprehensive report covers their market share, capacity, and latest developments like mergers and acquisitions, and capacity expansions.
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