SD-WAN Size shall reach a value of $xx Million in 2028, growing with a CAGR of 9.1% during the forecast period of 2021 to 2028.
Software-Defined Wide Area Newtork Market Growth and Trends
The global software defined-wide area network market or the SD-WAN market is holding a market value of US$ 1.9 billion in 2020 and is projected to grow at a CAGR of 34.5% to an expected market value of US$ 8.4 billion by 2025. The increasing digitalization is the major driving factor behind the growth of the SD-WAN market.
The growing demand for SD-WAN across all lines of businesses drives the SD-WAN market. The increasing need for managing complex and diverse networks is propelling the demand for the SD-WAN market. The rising cloud-based technology needs more bandwidths which are attained by the SD-WAN. The increasing demand for improvising a network capacity efficiently drives the market growth.
The increasing globalization has increased the smartphone penetration. The increasing penetration of the internet is also positively affecting the growth curve of the SD-WAN market. The rising mobile data traffic also fuels the demand for the SD-WAN. The increasing adoption of the Internet of Things (IoT) has propelled the market forward. The usage of IoT hardware and increasing automation technologies has bolstered the demand for the SD-WAN.
The expanding need for enterprise mobility is boosting the demand for the SD-WAN. The rising need for parallel processing on seamless inter-connections and multiple servers is seen propelling the growth of the SD-WAN market. The daunting need to scale networks of unfathomable sizes has positively influenced the growth curve of the SD-WAN market.
The increasing usage of the bring-your-own-device (BYOD) initiatives at workplaces and offices is a major factor for the growth of the SD-WAN market. The increasing threat of cybercrimes has influenced the demand for the network’s privacy and subsequently the demand for the SD-WAN market. IT industries make use of the SD-WAN services to a huge extent driving the market.
The services segment is forecasted to demonstrate the faster growth of the SD-WAN market by 2030. The security segment has held the largest market share in 2019 of the SD-WAN market share. The healthcare sector is projected to showcase the largest market growth swiftly. The constant updations in the SD-WAN technology have increased the demand for SD-WAN. Several Government initiatives in the favour of SD-WAN technology have influenced the market growth. The top market players
Software-Defined Wide Area Newtork Industry Regional Analysis
Software-Defined Wide Area Newtork Market Research Report Scope/Definition
Software-Defined Wide Area Newtork Market Share and Competition Key companies operating in this industry are: Cisco (US), VMware (US), Silver Peak (US), Aryaka Networks (US), Nokia (Finland), Oracle (US), Huawei (China), Infovista (France), Citrix (US), Juniper (US), Fortinet (US), HPE (US), Fatpipe (US), Riverbed (US), CloudGenix (US), Versa Networks (US), Adaptiv Networks (Canada), Peplink (US), Lavelle Networks (India), Martello Technologies (Canada), Mushroom Networks (US), Zenlayer (US), Bigleaf Networks (US), Ciena (US), NEC (Japan), and flexiWAN (Israel).
Software-Defined Wide Area Newtork Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2021 – 2028)
• Data breakdown for every market segment (2021 – 2028)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Component Analysis (Revenue, USD Million, 2021 - 2028)
Solution
• Software
• Appliances
Services
• Consulting
• Implementation
• Training and Support
Development Analysis (Revenue, USD Million, 2021 - 2028)
• On-premise
• Cloud
Organization Size Analysis (Revenue, USD Million, 2021 - 2028)
• SMEs
• Large Enterprises
End-use Analysis(Revenue, USD Million, 2021 - 2028)
1. Service Providers
2. Verticals
• Retail
• BFSI
• Manufacturing
• Healthcare
• Transportation and Logistics
• Energy and Utilities
• Government
• Others (Education, Media and Entertainment, and Hospitality)
Region Analysis (Revenue, USD Million, 2021 - 2028)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Software-Defined Wide Area Newtork Industry Companies
• Cisco (US),
• VMware (US),
• Silver Peak (US),
• Aryaka Networks (US),
• Nokia (Finland),
• Oracle (US),
• Huawei (China),
• Infovista (France),
• Citrix (US),
• Juniper (US),
• Fortinet (US),
• HPE (US),
• Fatpipe (US),
• Riverbed (US),
• CloudGenix (US),
• Versa Networks (US),
• Adaptiv Networks (Canada),
• Peplink (US),
• Lavelle Networks (India),
• Martello Technologies (Canada),
• Mushroom Networks (US),
• Zenlayer (US),
• Bigleaf Networks (US),
• Ciena (US),
• NEC (Japan),
• flexiWAN (Israel).
Available Versions of Software-Defined Wide Area Newtork Market: -
United States Industry Research Report
Europe Industry Research Report
Asia Pacific Industry Research Report
India Industry Research Report
