Software-Defined Networking Market Size

Software-Defined Networking Market size was valued at USD 30.93 billion in 2024 and is expected to reach USD 271.9 billion by 2037, expanding at around 18.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of software-defined networking is assessed at USD 35.43 billion. The increasing need to optimize network resources and quickly adapt networks to changing business needs, applications, and traffic is leading to the adoption of the software-defined networking (SDN) approach in network virtualization and containerization.

Software-defined networking (SDN) promotes efficient network traffic decision-making for network operators and offers centralized network control. Software-defined networking function virtualization investments help in the reduction of CAPEX and OPEX expenditures. This helps in reducing the reliance that enterprises had on hardware platforms. For instance, a virtualized radio access network (vRAN) helps to lower operating expenses due to the limited power consumption and with an estimated total cost of ownership savings.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of software-defined networking is assessed at USD 35.43 billion.

The software-defined networking market size was valued at USD 30.93 billion in 2024 and is expected to reach USD 271.9 billion by 2037, expanding at around 18.2% CAGR during the forecast period i.e., between 2025-2037. The increasing investment in the development of the latest network technologies and the growing network traffic will drive the market growth.

North America industry is likely to dominate majority revenue share of 30% by 2037, impelled by rise in the adoption of cloud computing & mobility solutions and the increasing need to manage networks owing to growing network traffic.

The major players in the market include Broadcom Inc., Arista Networks, Inc., Cisco Systems, Inc., Huawei Technologies Co., Ltd., Juniper Networks, Inc., VMware, Inc., Extreme Networks, Inc., Fujitsu Limited, Oracle Corporation, Dell Inc.

Software-Defined Networking Market Size