The SD-WAN Market size is projected to grow from USD 3.4 billion in 2022 to USD 13.7 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 31.9 % during the forecast period. Increasing number of cloud-based solutions are driving the growth of the SD-WAN market.
Download Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=53110642
The major vendors covered in the SD-WAN market Cisco (US), Oracle (US), Hewlett Packard Enterprise (US), Nokia (Finland), VMware (US), Huawei (China), Juniper Networks (US), Fortinet (US), Citrix US), Ciena (US), Epsilon Telecommunications (Singapore), Palo Alto Networks (US), Riverbed Technology (US), Ericsson (Sweden), BT (UK), Colt Technology Services (UK), NEC Corporation (Japan), Tata Communications (India), Extreme Networks (US), Martello Technologies (Canada), Arelion (Sweden), Aryaka (US), Flexiwan (Israel), Cato Networks (Israel), Nour Global (UAE), Sencinet (Brazil), MCM Telecom (Mexico), InterNexa (Colombia), FatPipe Networks (US), Bigleaf Networks (US), Lavelle Networks (India).
These players have adopted various growth strategies, such as partnerships, business expansions, agreements, and collaborations, new product launches, to expand their presence in the SD-WAN market.
Cisco specializes in designing and selling a broad range of technologies that power the internet. The company offers products and technologies in the following categories: infrastructure platforms; applications; security, and other products. In addition to the product offerings, it provides a broad range of service offerings, including technical support and advanced services. It provides services to businesses of all sizes, public institutions, governments, and service providers, including large web-scale providers. The company also provides comprehensive advisory services focused on responsive, preventive, and consultative support of technologies for specific networking needs. It also offers support and maintenance services to help the customers ensure their products operate efficiently, remain available, and benefit from the most up-to-date system and application software. The services offered by the company help customers to protect their network investments, manage risk, and minimize downtime for systems running mission-critical applications.
Nokia operates through two major business segments: Nokia networks and Nokia technologies. The Nokia networks segment has been further segmented into six business groups: mobile networks, fixed networks, IP/optical networks, global solutions, Nokia software, and Nokia enterprise. The company’s second business segment, Nokia technologies, focuses on advanced technological developments and licensing. The company offers network infrastructure solutions and Solutions to telecom providers, cloud providers, cable operators, public sector, transportation, energy and resources, retail, healthcare, and others. Nokia offers excellent solutions for network assurance, troubleshooting, system administration, software management, application delivery, and configuration management. The company’s product portfolio includes solutions and services such as OSS, BSS, data centers, core networks, cloud network service, digital deployment service, managed operations, network planning, and optimization, and more. The company helps enterprises evolve their network management strategy to address technology evolution, constant network growth, and changing service demands. Its network management portfolio enables organizations to use the power of virtualization, automation, and analytics to manage any traditional or cloud-based network efficiently.
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
The report "Software-Defined Wide Area Network (SD-WAN) Market by Component (Solutions (Software and Appliances) and Services), Deployment Type (On-Premises and Cloud), End User (Service Providers and Verticals), and Region - Global Forecast to 2025", size is expected to grow from USD 1.9 billion in 2020 to USD 8.4 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 34.5% during the forecast period.
The major growth drivers for the market include the increase in the mobile data traffic, increasing number of cloud-based solutions, rising demand for mobility services, and enterprises’ focus on reducing Operational Expenditure (OPEX) with SD-WAN.The report "Software-Defined Wide Area Network (SD-WAN) Market by Component (Solutions (Software and Appliances) and Services), Deployment Type (On-Premises and Cloud), End User (Service Providers and Verticals), and Region - Global Forecast to 2025", size is expected to grow from USD 1.9 billion in 2020 to USD 8.4 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 34.5% during the forecast period.
The major growth drivers for the market include the increase in the mobile data traffic, increasing number of cloud-based solutions, rising demand for mobility services, and enterprises’ focus on reducing Operational Expenditure (OPEX) with SD-WAN.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=53110642Software segment to record a higher growth rate during the forecast periodIn the SD-WAN market by solutions, the software segment is expected to record a higher growth rate during the forecast period.
SDN controllers deliver a centralized management to enterprises and in turn improve the overall network efficiency.
Currently, the software segment is driving the global SD-WAN market.Among end users, the service providers segment to grow at a higher CAGR during the forecast periodIn the SD-WAN market by end user, the service providers segment is expected to grow at a higher CAGR during the forecast period.
Currently, the SD-WAN market is emerging and expected to grow during the forecast period.
The report published by MRFR states that the software-defined WAN market is likely to witness a whopping 50% CAGR during the forecast period.In contrast, the global SD WAN Market Share is likely to face some hindrance in growth due to various factors.
Bandwidth provisioning and the uncalculated risk of execution and expenses are some of the factors hindering the growth of the market.
Further, security concerns with the cloud and SaaS are likely to pose as hindrances in the market growth.
With a consistent increase in devices connected to the global network, the bandwidth may experience high load, resulting in slower data speed and poor performance, hence restraining the market growth.
Key PlayersSome of the major players in Global Software Defined Wide Area Network market includes Cisco Systems (U.S.), VeloCloud Inc. (U.S.), Versa Networks (U.S.), Cloudgenix Inc. (U.S.), CenturyLink, Inc. (U.S.), Silver Peak (U.S.), Talari Networks (U.S.), Viptela (), Nuage Networks (U.S.), and Ecessa Corporation (U.S.) among others.Software-Defined-Wide-Area-Network Market Global Market - SegmentationSegmentation by Component: Virtual appliance, Physical appliance, and Hybrid.Segmentation by Deployment: On-Cloud and on-Premises.Segmentation by Services: Managed services, and Professional servicesSegmentation by Application: Banking, Financial Services and Insurance (BFSI), Retail, Healthcare, Government, IT & Telecom, Manufacturing, and Others (Oil & Gas and Mining & Transportation).Segmentation by Region: North America, Europe, Asia Pacific, and the Rest of the WorldSoftware-Defined-Wide-Area-Network Market Global Market - Regional AnalysisNorth America is expected to dominate the global Software-Defined-Wide-Area-Network market with the largest market share in the region.
China, Taiwan, South Korea, Japan, India are leading countries in the region.
