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
· Base year- 2020
· Forecast period- 2021-2027
· 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
· On-Premise
· Cloud-Based
By Component Type
· Solutions
· Services
By Application
· Large Enterprise
· Small and Medium Companies
Global Network Orchestration Market by Region
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
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