Market Analysis
The Software-Defined Wide Area Network (SD-WAN) market has been experiencing significant growth in recent years SD-WAN is a software-defined networking (SDN) technology that simplifies the management and operation of a WAN by separating the network hardware from its control mechanism. It allows companies to build higher-performance WANs using inexpensive internet connections.
The software-defined wide area network (SD-WAN) market size is predicted to touch 36.9.% CAGR between 2020- 2030, reveals the latest Market Research Future (MRFR) report. The strong software-defined WAN market growth can be accredited to rising software-defined data centers and growing adoption of private cloud.
REQUEST FREE SAMPLE REPORT@ https://www.marketresearchfuture.com/sample_request/1896
One of the advantages of SD-WAN is that it allows for the dynamic allocation of resources and network functions, such as firewalls and load balancers. This can help businesses reduce their network costs and improve network performance.
Market Segmentation
The software-defined wide area network market has been bifurcated based on component, deployment, and vertical.
· Component-based Service Segment to Lead the Market
· Based on component, the global software-defined wide area network market is segmented into services and appliances. The appliances segment is again segmented into virtual and physical. The physical appliances segment is again segmented into cables, gateways, switches, access points, and routers. The virtual appliances segment is again segmented into the internet, web portal, and CSP. Of these, the services segment will lead the market over the forecast period.
· Deployment-based Cloud Segment to Dominate the Market
· Based on deployment, the global software-defined wide area network market is segmented into cloud and on-premise. Of these, the cloud segment will dominate the market over the forecast period.
· Vertical-based IT and Telecommunication Segment to Spearhead the Market
· Based on vertical, the global software-defined wide area network market is segmented into retail, healthcare, manufacturing, BFSI, and IT and telecommunication. Of these, the IT and telecommunication segment will spearhead the market over the forecast period. It was valued at USD 1,042.9 million and is predicted to grow at a whopping 36.8% CAGR over the forecast period.
Key Players
· Untangle
· Forcepoint
· Citrix Systems Inc.
· Cato Networks
· Riverbed Technology
· ARYAKA NETWORKS INC.
· Ecessa
· Silver Peak Systems Inc.
Regional Analysis
· North America to Dominate the Market
· By region, the global software-defined wide area network market covers the growth opportunity and recent trends across Europe, North America, the Asia Pacific (APAC), and the Rest of the World (RoW). Of these, North America is predicted to dominate the market over the forecast period. It was valued at USD 1,297.5 million in 2019 and is predicted to grow at a staggering 37.5% CAGR over the forecast period. The growing need for network virtualization, increasing investments in advanced networking technologies by telecom providers, increasing bandwidth needs, need for networking architecture that is highly efficient, outsized presence of organizations, and availability of advanced IT infrastructure and technical expertise are adding to the software-defined wide area network market growth in this region. Canada & the US have a maximum share in the market.
GET COMPLETE REPORT@ https://www.marketresearchfuture.com/reports/software-defined-wide-area-network-market-1896
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR),Half-Cooked Research Reports (HCRR), Raw Research Reports (3R),Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact:
Market Research Future
Office No. 524/528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
Comments
0 comment