The market report offers information on the factors impeding the market growth which shall offer valuable data to vendors for strategic planning.
PORTLAND, PORTLAND, OR, UNITED STATE, December 10, 2021 /EINPresswire.com/ — Rise in the adoption of cloud services, increased demand for data center consolidation and server virtualization, need for simplified networks and growing automation for networks are some of the major key factors of the network orchestration market.
In addition to this, the demand for the service architecture and demand for services and demand which can manage and coordinate SDN is also growing rapidly. Moreover, the growing adoption of development and deployment of analytics applications is also expected to offer lucent opportunities for the market.
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Network orchestration offers technologies like software-defined networking, network function virtualization and application-based network, as these technologies enhance the highly desired properties and provide benefits like quick, agile, stable, reliable services and cost-effectiveness in the operator environment.
In addition to this, network orchestration also provides new architecture and technologies which helps in the fundamental shift in management as well as resource controlling with the ability to orchestrate the network infrastructure this will lead to the coordination in the installation of high-level network services across different domains like technological moreover, it also automates service deployment and re-optimization and thus driving the growth of the market.
Multiple organizations are expecting that the network orchestration market will be the fastest-growing driven by the need to celebrate network services dynamically with an increase in a complex assortment of network functions which includes both physical and virtual. The network orchestration consists of software that is used in service creation, operation of services, and lifecycle management which is managed by network orchestration across the end-to-end infrastructure, which is a major requirement in the telecom sector and thus is expected to create multiple opportunities for the market.
Key Market Players Includes:
1. Adlink Technology Inc.
2. Airgain Inc.
3. Broadcom Corporation
4. Brocade Communication systems
5. Cavium Inc.
6. Cisco Systems
7. Fujistu Ltd.
8. Hewlett Packard Enterprise
9. Honeywell International Inc.
10. Huawei Technologies Corporation
Impact of COVID-19 on Network Orchestration Market:
• The emergence of COVID-19 pandemic has severely affected almost all industries across the globe. Further, lockdown enforcements and restrictions on movements of non-essential goods as well as resources in various countries have disrupted supply chain of electronic components & networking equipment. This has led to a delay in supply of electronic components required in the manufacturing of the network equipment.
• Companies have continued to expand cloud services and application development services during the pandemic. Before the pandemic took hold, various organizations were providing manual release of applications to customers.
• New learnings among companies with respect to work-from-home (WFH) and data accessibility during the lockdown period have resulted in increasing inquiries for space and services at data centers and this trend is expected to create opportunities in for the market during the forecast period.
• There is an increase in use of automation and even after situation returns to ‘normal’, the work style will continue to be data center-driven, with demand growth for higher penetration of e-commerce, digital payments, and widespread deployment of Big Data, apart from policy level push for automation.
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