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Multi-Cloud SDN Market

Market Insights on Multi-Cloud SDN covering sales outlook, demand forecast & up-to-date key trends

Multi-Cloud SDN Market : Global Industry Analysis 2016 - 2020 and Opportunity Assessment 2021 - 2031

Multi-Cloud SDN Market Overview

Multi-Cloud SDN (FMC) market is expected to grow at a high CAGR of 12% during 2021-2031, and is projected to reach US$ 15 Bn by 2031. A multi-cloud SDN approach enable users to make seamless cloud-to-cloud connections over a low-latency direct connection that bypasses the public internet for offering enhanced security. SDN architectures make it much easier to build a functional multi-cloud environment through a single platform.

What is Driving Demand for Multi-Cloud SDN?

As organizations are continuously focusing towards scaling their hybrid cloud environments, it has become very critical to leverage solutions that help improve productivity and processes. Since, the inception of SDN, the technology has got more attention among enterprises. As more organizations have adopted hybrid cloud and tasked their network engineers with figuring out the basics of connectivity, reliability, and security.

As SDN platforms are enhanced to support multi-cloud environments, the platforms are being used to mitigate the inherent complexity of establishing and maintaining network and security policies across hybrid IT landscapes.

Also, the platform delivers better application experience, reduce security risks and lower operations cost for multi-cloud applications. Thus, the benefits of cost-effectiveness, high scalability, and reliability offered by multi-cloud SDN is expected to propel the market growth in coming years.

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Increasing Adoption SDN in Cloud Computing Services

Software-Defined Networking (SDN) and cloud computing complement each other and enable new visibility and control over the networks. SDNs became even more valuable, when it became possible to integrate the architecture easily with cloud-based environments. The convergence of both the technologies let users to respond quickly to changes. SDN manages network configuration more efficient and improves network performance and monitoring.

SDNs have become integral to cloud-based IT infrastructure. Both enterprises and public cloud providers have started leveraging SDNs in their cloud environments, as applications can self-define the network requirements directly from the application itself. Thus, the network can support hundreds of configurations and be optimized for specific workloads 100% of the time.

Today, SDN architecture can better understand the cloud environment it operates in. That enables new kinds of flexibility, speed, and innovation. In fact, big players present in the SDN market like Cisco, Juniper and VMware have all made moves to tie together enterprise data center and cloud worlds.

US & Canada Demand Outlook for Multi-Cloud SDN

When it comes to cloud computing adoption, U.S. is the most mature market. This is due to the early adoption of cloud based networks by the U.S. markets.  Organizations in both the countries have taken high level of initiatives towards adoption of latest digital technologies.

The high internet penetration, coupled with initiatives from government agencies moving partially to the cloud to improve information services would also drive the growth of multi-cloud SDN technologies in the U.S. & Canada.

U.S. is expected to hold the largest share in the North America Multi-Cloud SDN market. The country has always been at the forefront in terms of technological development. Moreover, U.S. is home to multiple multi-cloud SDN solution vendors, such as Cisco Systems, Oracle, Juniper Networks, Fortinet, Ciena Corporation, HPE, Dell and among others.

These companies are targeting higher revenue and business expansions due to high competition and demand prevailing across the region.

Nikhil Kaitwade
Principal Consultant
LinkedIn
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China Adoption Outlook for Multi-Cloud SDN

China is the world's second-largest cloud computing market. The market is prominently occupied by Alibaba Cloud. Alibaba is the largest provider of cloud services in China. The company is the fourth largest global Infrastructure-as-a-Service provider following AWS, Azure, and Google Cloud Platform.

The integration of cloud computing services in for industrial transformation is one of the most prominent trends, in China. It is estimated that in China, the cloud computing industry has been growing around to 25-30% each year, from last five years, and the trend will likely continue into the near future.

Moreover, enterprises in China are adopting the latest technologies to sustain in the global market competition. Government policies in China are also promoting the adoption of cloud services in multiple sectors. These factors are expected to propel the growth of multi-cloud SDN market in China.

Who are the Key Multi-Cloud SDN Vendors?

Some of the leading vendors offering Multi-Cloud SDN products include

  • AWS
  • VMware
  • Microsoft
  • HPE
  • Dell
  • Oracle
  • IBM
  • Nutanix
  • Cisco
  •  Huawei
  • Fujitsu and others.

These vendors have adopted various key strategies, to increase their market shares locally and globally. The vendors are focusing on product innovation and strategic partnerships with the regional vendors to collaborate for offering advanced solutions to effectively manage business operations.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.

The report also maps the qualitative impact of various market factors on market segments and geographies.

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Key Segments of Multi-Cloud SDN Market

By Deployment Models:

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

By Enterprise Size:

  • Small and Mid-Sized Enterprises (SMEs)
  • Large Enterprises

By Industry:

  • IT and Telecommunications
  • Manufacturing
  • Transportation and Logistics
  • Defense and Government
  • BFSI
  • Healthcare
  • Retail
  • Energy and Utilities
  • Others

By Region:

  • North America
    • US
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • BENELUX
    • Russia
    • Rest of Europe
  • East Asia
    • China
    • Japan
    • South Korea
  • South Asia & Pacific
    • India
    • Thailand
    • Indonesia
    • Malaysia
    • Australia & New Zealand
    • Rest of South Asia & Pacific
  • Middle East & Africa
    • GCC Countries
    • Turkey
    • South Africa
    • Rest of Middle East and Africa 
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Nikhil Kaitwade
Principal Consultant
LinkedIn
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Multi-Cloud SDN Market