Global Network Orchestration Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2027
The global network orchestration market is anticipated to grow at a significant CAGR during the forecast period 2021-2027. Network orchestration is the programming process of automated behaviors in a network that differentiate the network services from the network components. This process enables the network to smoothly coordinate with the hardware and software elements to support and promote the applications and services of the network.
The increasing adoption of
cloud-based services, growing need for a simplified network, and rising
automation trends for an efficient network are anticipated to boost the growth
of the global network orchestration market during the forecast period. The
substantially growing demand for data center consolidation and server virtualization
is further projected to supplement the market growth during the forecast
period. Additionally, the emergence of analytics applications and the elevated
need for services that manage and coordinate SDN (software-defined network) are
some key factors that witness ample growth opportunities for the network
orchestration market.
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Moreover, the key players present in the global
network orchestration market include Broadcom Corp., Cisco Systems, Inc.,
Fujitsu Ltd., HP Inc., and others are adopting various strategies including
product launches, mergers & acquisitions, among others to remain
competitive in the market. For instance, in 2020, DISH Network Corp., a
nationwide US wireless carrier collaborated with IBM and plans to raise their
innovation in wireless networking with the acquisition to deliver AI-powered
automation and network orchestration software and services for new cloud-native
5G network. O-RAN (open RAN) 5G broadband networks are offered by DISH as the
nation’s first virtualized network that gain huge momentum in the market.
Market Coverage
·
The market number available for – 2020-2027
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Base year- 2020
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Forecast period- 2021-2027
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Segment Covered-
•
By Type
•
By Component Type
•
By Application
·
Competitive Landscape- Broadcom Corp., Cisco Systems,
Inc., Fujitsu Ltd., HP Inc., and others
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Global Network Orchestration Market Report Segmentation
By Type
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On-Premise
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Cloud-Based
By Component Type
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Solutions
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Services
By Application
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Large Enterprise
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Small and Medium Companies
Global Network Orchestration Market by Region
North America
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United States
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Canada
Europe
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UK
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Germany
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Spain
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France
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Italy
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Rest of Europe
Asia-Pacific
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India
·
China
·
Japan
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South Korea
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Rest of APAC
Rest of the World
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