4G-Market.com‘s latest report indicates that spending on service provider SDN (Software Defined Networking) and NFV (Network Functions Virtualization) orchestration platforms is expected to reach nearly $1.7 Billion by 2020.
In an SDN and NFV context, orchestration software provides management and coordination of VNFs (Virtual Network Functions), infrastructure resource pools and service pool resources.The variable nature of costs and resources in a service provider environment makes orchestration a significantly complex task in service provider networks in comparison to traditional data center environments. DespiNFte this complexity and other challenges such as vendor interoperability, the market is poised for considerable growth in the coming years.
Expected to account for merely $170 Million in 2015, spending on SDN/NFV orchestration platforms is expected to grow at a CAGR of nearly 60% between 2015 and 2020. By the end of 2020, orchestration platforms will account for $1.7 Billion in revenue, representing more than 8% of all service provider SDN/NFV spending.
The “SDN, NFV & Network Virtualization Bible: 2015 – 2020 – Opportunities, Challenges, Strategies & Forecasts” report presents an in-depth assessment of the global SDN, NFV and network virtualization market. In addition to covering underlying technology, key market drivers, challenges, future roadmap, value chain analysis, use cases, deployment case studies, company profiles, product strategies and strategic recommendations, the report also presents comprehensive forecasts for the market from 2015 till 2020.The forecasts and historical revenue figures are individually segmented for 10 individual submarkets, 2 user base categories, 7 use case categories, 6 geographical regions and 34 countries.