Software Defined Networking to Grow at a CAGR of 62%

RNCOS

 

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.

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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