Request Discount

SD-WAN (Software-defined Wide Area Network) Market (Component - Solution, and Services; Deployment - On-premises, and Cloud; End-users - Service Providers, BFSI, Manufacturing, Healthcare, IT and Telecom, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2026

  • Published : January, 2021

  • Rep Id : ICT00169

  • Category : Electronics, ICT and Semiconductors

  • Status : Published

A recent report published by Infinium Global Research on SD-WAN (Software-defined Wide Area Network) market provides in-depth analysis of segments and sub-segments in the global as well as regional SD-WAN market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional SD-WAN market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global SD-WAN market. According to the report, the global SD-WAN market is projected to grow at a CAGR of 30.1% over the forecast period of 2020-2026.

 

Market Insight

A Software-defined Wide Area Network (SD-WAN) is a virtual wide area network architecture. This allows enterprises to leverage any combination of transport services. It uses a centralized control function to intelligently direct traffic across the WAN. SD-WAN increases application performance and delivers a high-quality user experience. This further results in increased business productivity, agility, and reduced costs for IT. It enables cloud-first enterprises to deliver a superior quality application for users.

 

As the fastest-growing segments of the network infrastructure industry, which is driven by factors such as enterprises are interested in easier management of multiple connection types across their WAN. This is to improve application performance and end-user experience. Furthermore, the rapid embrace of SD-WAN by leading communications service providers globally. These factors continue to drive deployments of SD-WAN and providing enterprises with dynamic management and ensure high levels of quality of service on a per-application basis. Additionally, security and reducing traditional WAN costs are driving SD-WAN adoption; the need to rapidly and securely tie in cloud services is also a big motivating factor. There are a number of trends driving the growing use of SD-WAN technologies, the major one is the increased use of cloud-based applications. The scope of clients needing SD-WAN service access is due to the data center or cloud resources are growing and changing rapidly. For instance, Cisco’s 2018 Global Cloud Index says that by 2021, 94 percent of workloads and compute instances will be processed by cloud data centers with 6 percent being processed by traditional data centers. However, reliability issues associated with SD-WAN is affecting the growth of the market. Moreover, the rapidly growing network infrastructure and traffic provides a significant growth opportunity for the SD-WAN market

 

North America is anticipated to hold a significant market share in the global SD-WAN market during the forecast period. Large-scale implementation of SD-WAN solutions by service providers and verticals in the country provides a growing demand for the market in the North American region. Furthermore, industry verticals such as retail, manufacturing, finance, and healthcare are largely implementing SD-WAN solutions in their core network to streamline network operations.

 

Segment Covered

The report on global SD-WAN market covers segments such as component, deployment, and end-users. On the basis of component, the sub-markets include solution, and services. On the basis of deployment, the sub-markets include on-premises, and cloud. On the basis of end-users, the sub-markets include service providers, BFSI, manufacturing, healthcare, it and telecom, and others.

 

Companies Profiled:

The report provides profiles of the companies in the market such as VMWARE Inc, Cisco Systems Inc, ORACLE Corporation, JUNIPER NETWORKS, Citrix Systems, Inc., Huawei Technologies Co., Ltd, ARYAKA, INFOVISTA, SILVER PEAK, and The Hewlett Packard Enterprise.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of SD-WAN market. Moreover, the study highlights current market trends and provides forecast from 2020-2026. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


Other Reports in This Category
24 hour delivery through email
9923950043 Monday to Frieday 9am-7pm
looking for discount