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North America Software Defined Network (SDN) Market Worth $1,443.8 Million by 2019 - New Report by MicroMarket Monitor
Date:7/12/2014

) Market

The Latin American region is hosting the FIFA World Cup 2014 and the Rio Olympics 2016. The growth in data traffic due to these world events is predicted to be very high. The number of cellular devices is estimated to rise by several folds in the region. This would eventually result in data traffic congestion. The deployments of 4G LTE technologies are rapidly picking up pace since its inception in 2013. These factors are considered to become potential market drivers for the software defined networks market in the Latin American region.

The Latin American software defined network market is estimated to grow from $5.7 million in 2014 to $77.4 million in 2019, at a CAGR of 68.8%, from 2014 to 2019.

http://www.micromarketmonitor.com/market/latin-america-software-defined-network-sdn-4548058925.html

Europe Software Defined Network (SDN) Market

Europe is expected to show a rapid growth in 4G LTE networks in the prospective time. Telecom operators like Spirent have planned to roll out 4G LTE services throughout the region in 2014. Advanced SDN architecture would grow in the region to support the high bandwidth requirements of the network. The enterprise software market is growing worldwide and almost 26% (2012) share of the market was from the European region. The enterprises are now looking at SDN solutions to reduce the capital and operational expenses related to the entire network infrastructure.

The European software defined network market is estimated to grow from $60.6 million in 2014 to $731.4 million in 2019, at a CAGR of 64.6%, from 2014 to 2019.


Source: PRWeb
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