According to IHS, the market for carrier software-defined networking (SDN) software, hardware and services is expected to grow from $103 million in 2014 to $5.7 billion in 2019. Telecom operators’ demand for service agility and operational efficiency for their in networks to stay competitive will drive the SDN market.

The reaesrch firm states that telecom operators will increase their spending on SDN software by 15 times from 2015 to 2019. Outsourced services for SDN projects will grow at a compound annual growth rate of 199 per cent between 2014 and 2019.