Telecommunication providers have been looking for ways to optimize costs and increase network efficiency over the last decade. At the same time, the industry is also witnessing a huge push for newer forms of networking that is faster, simpler and easier to manage. In this aspect, Software Defined Networking (SDN) has grown into the main technology to address this trend. Software Defined Networking (SDN) is a first of its kind networking concept that has picked up significant market traction over the last year. The technology directly helps communication providers to redirect network traffic and ease network congestion; ultimately resulting in significant cost savings that can be redirected to drive core business goals. While the SDN & network virtualization market currently stands at a nascent stage, industry consolidation is set to happen in the near future, driving better adoption with concentrated messaging among enterprises.

Market Research projections reveal that the global SDN market is estimated to grow from $198 million in 2012 to $2.10 billion in 2017. North America continues to be the biggest market for SDN solutions.