中国SDN与SD-WAN行业研究报告

Investment Rating - The report does not explicitly state an investment rating for the SDN and SD-WAN industry Core Insights - The SDN market in China reached a scale of 9.6 billion yuan in 2023, with the SD-WAN segment accounting for approximately 3.3 billion yuan. The data center and campus network scenarios together represent about 66% of the market, while SD-WAN accounts for around 34% [5][32] - The SDN industry is characterized by three main application scenarios: data centers, campus networks, and SD-WAN, with data centers being the core application area [21][23] - The competitive landscape is divided into three categories based on vendor business focus: software-based (20%), hardware-based (61%), and resource-based (18%) [5][59] Summary by Sections 1. Industry Background - SDN separates the control plane from the data forwarding plane, enabling programmable networks. The delivery of SDN solutions is increasingly flexible, with usage-based billing becoming mainstream [5][16] - The SDN market has experienced a slowdown in growth due to economic conditions, but future growth is expected from the upgrade of old equipment and the development of computing networks [32] 2. User Demand Insights - The financial sector, government, and energy industries have significant data center needs, while retail and manufacturing sectors require more campus network solutions [37][41] - In the SD-WAN scenario, the retail sector has many chain branches but is sensitive to economic fluctuations, while the financial and government sectors have more stable demand [38][49] 3. Competitive Environment and Vendor Practices - The SDN market is seeing increased competition with a concentration of leading players. The products and solutions in the market are becoming more homogeneous, leading to a need for differentiation [28][61] - Major vendors include software-focused companies that excel in user experience, hardware-focused companies with a strong technical foundation, and resource-based companies that leverage telecom partnerships [59][61] 4. Development Trends - The integration of technologies such as SRv6, AI, and 6G is expected to enhance network quality and stability, while the SASE service architecture is becoming mainstream [5][21] - The SD-WAN market is anticipated to see a slight recovery in growth in 2024 as economic conditions improve and government projects advance [32]