The Software-Defined Wide Area Network Market is expected to register a CAGR of 33.4% over the forecast period (2020-2025). The increased adoption of cloud-based solutions has led to the rise in the number of complexities at the organizational level. The need to streamline the processes have boosted the adoption of SD-WAN.
Software-defined security enables the implementation of dynamic security in the network by means of a controller that is driven by software or an application. Such security model helps in shielding several security-related issues such as network segmentation, threat detection, intrusion alert and access control which are regulated and managed by the security software.
The global Software Defined Data Center (SDDC) Market was valued at USD 42.55 billion in 2019 and is expected to reach a value of USD 157.24 billion by 2025 at a CAGR of 26.6%, over the forecast period 2020 – 2025.
The Scalable Software Defined Networking Market was valued at USD 12.61 billion in 2019 and is expected to reach USD 63.04 billion by 2025, at a CAGR of 30.75% over the forecast period 2020 – 2025. On the basis of a study, by 2020, 40 to 45% of the network spending will be on Software Defined Networking. Therefore, SDN is a potential growth market for the networking vendors contributing to vast opportunities.
The Network Slicing Market was valued at USD 143.63 billion in 2019 and is expected to reach USD 446.33 billion by 2025, at a CAGR of 20.8% over the forecast period 2020 – 2025. According to GSMA, network slicing, in combination with other enablers and capabilities, will aid operators to address a revenue opportunity worth USD 300 billion by 2025.
The network automation market was valued at USD 9.87 billion in 2019 and is expected to reach USD 25.86 billion by 2025, and is projected to register a CAGR of 19.8%, during the forecast period (2020 – 2025). The adoption of network automation solutions have enabled SDN and virtualized network functions (VNF) services to optimize the network and security architecture, by seamlessly integrating cloud and CPE-based solutions easily
AT&T and VITAS® Healthcare, the nation’s leading provider of end-of-life care, have launched a study that intends to combine 5G with virtual reality and augmented reality (VR and AR) to test if it can help reduce chronic pain and anxiety for certain hospice patients.
British Telecom (BT) , University Hospitals Birmingham NHS Foundation Trust (UHB) , Medical Devices Testing and Evaluation Centre (MD-TEC), WM5G and jointly demostrated remote-controlled ultrasound scan over public 5G network.
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