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The Rise of Virtual Extensible LAN Market: A $3.2 billion Industry Dominated by Tech Giants - Cisco Systems, Juniper Networks, VMware | MarketsandMarkets™

Chicago, June 17, 2024 (GLOBE NEWSWIRE) -- The global Virtual Extensible LAN Market size is projected to grow from USD 1.6 billion in 2024 to USD 3.2 billion by 2029 at a CAGR of 15.0% during the forecast period, according to a new report by MarketsandMarkets™. The increasing demand for scalable network segmentation has significantly driven the adoption of VXLAN technology. Organizations are looking to improve network efficiency and security by segmenting networks more effectively. Traditional VLANs, while useful, have limitations in terms of scalability and flexibility, especially in large, dynamic data center environments. VXLAN addresses these challenges by extending the VLAN address space, enabling the creation of thousands of isolated network segments over a shared physical infrastructure. Browse in-depth TOC on "Virtual Extensible LAN Market" 350 - Tables 54 - Figures 320 - Pages Download Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=208469653 Virtual Extensible LAN Market Dynamics: Drivers: Need for Secure Multi-Tenancy in Cloud Data Centers. Increased Adoption of Cloud Computing and Virtualization Growth of Data Center Networks Demand for Improved Network Performance and Management Restraints: Complexity and Deployment Costs. Performance Overhead and Latency Opportunities: Emergence of 5G Networks. Rapid Growth in Cloud Services and Data Center Expansion Emergence of Software-Defined Networking (SDN) and Network Function Virtualization Growing Demand for Multi-Cloud and Hybrid Cloud Deployments List of Top Companies in Virtual Extensible LAN Market: Cisco Systems (US) Hewlett Packard Enterprise (US) VMware (US) Juniper Networks (US) Arista Networks (US) Nutanix Inc. (US) NVIDIA Corporation (US) Citrix Systems (US) Dell Technologies Inc (US) Microsoft Corporation Inc. (US) Get Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=208469653 For instance, VMware has implemented VXLAN in its NSX platform to provide advanced network virtualization and segmentation capabilities. This implementation allows enterprises to create and manage large-scale virtual networks with ...