Software Defined Networking (SDN) Market Projected to Grow Over $130 Billion by 2022: Acumen Research and Consulting

India, Pune, Dec.13, 2017 (GLOBE NEWSWIRE) - Acumen Research and Consulting, a global provider of market research reports, in a recently published report titled “Software Defined Networking (SDN) Market (Solutions: Physical Network Infrastructure, Virtualization and Control Software, Professional Services, SDN Applications and Network Services; End-user: Telecom Service Providers, Cloud Service Providers, Enterprises; Vertical: IT, Consumer Goods, BFSI, Defense, Telecom, Healthcare, Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2015-2022”, forecasts that the global market for software defined networking (SDN) is estimated to grow at an astounding CAGR of around 47% during the period from 2016 to 2022 and reach the market size of more than $130 billion by 2022. The growth of this market is majorly accredited by the need for managing big data generated from various end user verticals, and demand for managing intricate network infrastructures and changing network traffic patterns. Software defined networking solutions help network managers to design SDN applications to help in optimization and management of network resources.