According to RNCOS, a leading business research and consultancy firm, the software defined networking market is forecasted to grow at a CAGR of around 62% during the period of 2014-2018, owing to factors like operations leanness arising from automation and centralization of network management tasks. The cost reduction in network maintenance and operations of SDN deployment is also a push factor. RNCOS via its "Software Defined Network Market Outlook 2018", forecast a strong growth ahead amid its present nascent stage. The recent trends of strategic alliances and start-ups in the industry are also providing the necessary boost for the segment's future growth.
