Multi-Cloud
SDN (FMC) market Trends, Share,
Growth, Company Profiles

Multi-Cloud SDN (FMC) market is expected to grow at a high CAGR of 12% during
2021-2031, and is projected to reach US$ 15 Bn by 2031. A multi-cloud SDN
approach enable users to make seamless cloud-to-cloud connections over a
low-latency direct connection that bypasses the public internet for offering
enhanced security. SDN architectures make it much easier to build a functional
multi-cloud environment through a single platform.

What is Driving Demand for
Multi-Cloud SDN?

As organizations are continuously
focusing towards scaling their hybrid cloud environments, it has
become very critical to leverage solutions that help improve productivity and
processes. Since, the inception of SDN, the technology has got more attention
among enterprises. As more organizations have adopted hybrid cloud and tasked
their network engineers with figuring out the basics of connectivity,
reliability, and security.

As SDN platforms are enhanced to
support multi-cloud environments, the platforms are being used to mitigate the
inherent complexity of establishing and maintaining network and security
policies across hybrid IT landscapes. Also, the platform delivers better
application experience, reduce security risks and lower operations cost
for multi-cloud applications. Thus, the benefits of cost-effectiveness,
high scalability, and reliability offered by multi-cloud SDN is expected to
propel the market growth in coming years.

Increasing Adoption SDN in Cloud
Computing Services

Software-Defined
Networking (SDN) and cloud computing complement each other and enable new
visibility and control over the networks. SDNs became even more valuable, when
it became possible to integrate the architecture easily with cloud-based
environments. The convergence of both the technologies let users to respond
quickly to changes. SDN manages network configuration more efficient and
improves network performance and monitoring.

SDNs have become integral
to cloud-based IT infrastructure. Both enterprises and public cloud
providers have started leveraging SDNs in their cloud environments, as
applications can self-define the network requirements directly from the
application itself. Thus, the network can support hundreds of configurations
and be optimized for specific workloads 100% of the time. Today, SDN
architecture can better understand the cloud environment it operates in. That
enables new kinds of flexibility, speed, and innovation. In fact, big players
present in the SDN market like Cisco, Juniper and VMware have all made moves to
tie together enterprise data center and cloud worlds.

US & Canada Demand Outlook for
Multi-Cloud SDN

When it comes to cloud computing
adoption, U.S. is the most mature market. This is due to the early adoption of
cloud based networks by the U.S. markets.  Organizations in both the
countries have taken high level of initiatives towards adoption of latest
digital technologies. The high internet penetration, coupled with initiatives
from government agencies moving partially to the cloud to improve information
services would also drive the growth of multi-cloud SDN technologies in the
U.S. & Canada.

U.S. is expected to hold the largest
share in the North America Multi-Cloud SDN market. The country has always been
at the forefront in terms of technological development. Moreover, U.S. is home
to multiple multi-cloud SDN solution vendors, such as Cisco Systems, Oracle,
Juniper Networks, Fortinet, Ciena Corporation, HPE, Dell and among others.
These companies are targeting higher revenue and business expansions due to
high competition and demand prevailing across the region.

China Adoption Outlook for
Multi-Cloud SDN

China is the world’s second-largest
cloud computing market. The market is prominently occupied by Alibaba Cloud.
Alibaba is the largest provider of cloud services in China. The
company is the fourth largest global Infrastructure-as-a-Service provider
following AWS, Azure, and Google Cloud Platform.

The integration of cloud computing
services in for industrial transformation is one of the most prominent trends,
in China. It is estimated that in China, the cloud computing industry has been
growing around to 25-30% each year, from last five years, and the trend will
likely continue into the near future.

Moreover, enterprises in China are
adopting the latest technologies to sustain in the global market competition.
Government policies in China are also promoting the adoption of cloud services
in multiple sectors. These factors are expected to propel the growth of
multi-cloud SDN market in China.

Who are the Key Multi-Cloud SDN
Vendors?

Some of the leading vendors offering
Multi-Cloud SDN products include

• AWS


• VMware


• Microsoft


• HPE


• Dell


• Oracle


• IBM


• Nutanix

Key Segments of Multi-Cloud SDN
Market

By Deployment Models:

• Public Cloud


• Private Cloud


• Hybrid Cloud

By Enterprise Size:

• Small and Mid-Sized Enterprises (SMEs)


• Large Enterprises

By Industry:

• IT and Telecommunications


• Manufacturing


• Transportation and Logistics


• Defense and Government


• BFSI


• Healthcare


• Retail


• Energy and Utilities


• Others

By Region:

• North America


• Latin America


• Europe


• East Asia


• South Asia & Pacific


• Middle East & Africa

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Market Insights (FMI)

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elevating the demand in the market. It discloses opportunities that will favor
the market growth in various segments on the basis of Source, Application,
Sales Channel and End Use over the next 10-years.

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