The SDx Market size is projected to grow from USD 44.5 billion in 2024 to USD 130.9 billion by 2029, at a CAGR of 24.1% during the forecast period. This is an increasing need for fast responding networks to the changes in demand patterns. Such needs are dynamic and require a platform that can deploy SDx solutions provide the required flexibility of market scalability hence the push for the markets needed.
Various globally established players, such as Cisco Systems (US), IBM (US), Broadcom (US), Hewlett Packard Enterprise (US), Juniper Networks (US), TIBCO Software (US), Arista Networks (US), Nutanix, Inc. (US), Huawei (China), Nokia Corporation (Finland), are dominating the SDx Market. To increase their market share in the SDx Market, these competitors have used a variety of growth methods, including partnerships, agreements, collaborations, new product releases, product enhancements, and acquisitions.
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Cisco Systems specializes in networking equipment, security, and communication services, including the Webex app. SDx is thus an emerging market in which Cisco Systems is a key player, given that it relates to software-defined networking (SDN), software-defined data centers (SDDC), and most recently, software-defined wide area networks (SD-WAN). In this space, Cisco has DC networking and storage networking solutions which are the SDN infrastructure underlay, ACI for SDN and integrated WAN for SD-WAN. These solutions thus allow organizations to provide better usage of data center facilities, maximum utilization of network services, and efficient management of IT resources, for hybrid and multi-cloud architecture. Cisco’s Systems focused approach on automation, analytics, and security integrated within the SDx solutions places the company strategically to meet the emerging market need for open, virtual, agile and efficient networks.
IBM is a player in Software-Defined Everything (SDx) market, with numerous solutions in software-defined networking (SDN), software-defined data centers (SDDC), and software-defined storage. Specifically, IBM’s SDx approach targets the integration of hybrid cloud environments and the usage of Artificial Intelligence-based automation alongside openness, and allows businesses to optimize their IT environment designs promptly. In SDN, IBM has ways of dealing with the functions more through virtualization and automation to make it much more adaptive and safer. The compute, storage solution, as well as the networking of SDDC, are united in the systems of IBM enhancing scalability of the network. Its SDS solutions are based on data virtualization, aimed at increasing efficiency and protection of storage infrastructure, and SM specialists work to improve efficiency and manageability of information assets. To fortify its SDx solutions, IBM is still open source and strategic partners to guarantee that its decoupled technologies harmonizing with SDx are flexible that can assist business in their business changeover and operational tactics.
Related Reports:
Software-defined Anything (SDx) Market Size, Share, Growth Analysis, By Offering (Solutions, Services), End User (Service Providers, Enterprises), Application (Network Management, Unified Communications) and Region - Global Industry Forecast to 2029
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