LAMEA SDN Orchestration Market Size, Share & Industry Trends Analysis Report By Component (Solution and Services), By Vertical, By Organization size (Large Enterprises and SMEs), By End Use, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa SDN Orchestration Market would witness market growth of 63.2% CAGR during the forecast period (2022-2028).
Customers with growing needs must be able to dynamically upgrade and alter service configurations. Flexibility is one of the key components of an SDN setup, and it should be simple and quick to replace. When modifications are made, customers will see essentially no delays owing to SDN orchestration software. They will be able to access services that have been specifically designed to meet their requirements whenever they do. Therefore, all of this leads to the company providing more value and improving its reputation.
Through the integration of SDN, cloud computing, and software-driven cloud networking technologies into network design, cloud services are empowering software-driven cloud networking across numerous industries. By virtualizing physical network connectivity, software-defined networking technologies allow network managers to administer network services via centralized management. in recent years, there has been an increase in demand for cloud services among IT enterprises as a result of lower fixed costs and investment costs for companies. This is anticipated to spur the demand for networking orchestration services to effectively manage data traffic across the cloud.
The healthcare industry of the regional countries is witnessing rapid expansion in recent years. The UAE healthcare industry was also expanding significantly in 2018. According to the U.S.-U.A.E. Business Council, healthcare costs in the United Arab Emirates were $18.2 billion in 2018 and were projected to reach $21.3 billion by 2021. By 2026, it is anticipated that total healthcare spending would constitute 4.6% of the nation's GDP, up from 4.27% in 2018. The healthcare sector's long-term trend lines in the United Arab Emirates are favorable. One factor causing this spread is the growing population. The population of the United Arab Emirates was estimated to increase from 9.4 million in 2017 to 11.055 million by 2030 prior to the pandemic.
The Brazil market dominated the LAMEA SDN Orchestration Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $573.4 million by 2028. The Argentina market is experiencing a CAGR of 64.1% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 62.8% during (2022 - 2028).
Based on Component, the market is segmented into Solution and Services. Based on Vertical, the market is segmented into IT & Telecom, BFSI, Manufacturing, Healthcare, Government & Defense and Others. Based on Organization size, the market is segmented into Large Enterprises and SMEs. Based on End Use, the market is segmented into Cloud Service Providers and Telecom Service Providers. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., Hewlett-Packard enterprise company, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Nokia Corporation, Ciena Corporation, Juniper Networks, Inc., NEC Corporation, Qualitest Group, Anuta Networks International LLC, and Zymr, Inc.
Scope of the Study
Market Segments Covered in the Report:
- IT & Telecom
- Government & Defense
By Organization size
- Large Enterprises
By End Use
- Cloud Service Providers
- Telecom Service Providers
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Cisco Systems, Inc.
- Hewlett-Packard enterprise company
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Nokia Corporation
- Ciena Corporation
- Juniper Networks, Inc.
- NEC Corporation
- Qualitest Group
- Anuta Networks International LLC
- Zymr, Inc.
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