The global software-defined wide area network (SD-WAN) market generated a revenue of USD 2,156.1 million in 2019 and is expected to
reach a market value of USD 46.31 billion by 2030, growing at 36.9% CAGR during the forecast period.
The global software-defined wide area network (SD-WAN) market is
expected to witness substantial growth during the study period, primarily due
to the rise in software-defined data centers.
Regional Analysis
The geographic analysis of the software-defined wide area network
(SD-WAN) market has been conducted for North America, Europe, Asia-Pacific, the
Middle East & Africa, and South America.
North America accounted for the largest market share of 60.2% in 2019,
with a market value of USD 1,297.5 million; the market is expected to register
a CAGR of 37.5% during the forecast period. The market growth is driven by
factors such as the rising need for network virtualization. Additionally, the
telecom providers operating in the region invest in advanced networking
technologies to expand their infrastructure capabilities.
Europe was the second-largest market in 2019, valued at USD 462.5
million; the market is projected to exhibit a CAGR of 39.2%. The European
market for SD-WAN was driven by a surge in data traffic, the advent of 5G, the
growing number of cloud-based data centers, employee mobility, and the
increasing adoption of IoT technologies.
Competitive Analysis
The key players of the global Software-defined wide area network
(SD-WAN) market are Versa Networks, Inc., VMware, Inc, Palo Alto Networks,
Inc., Nokia (Nuage Networks is a Nokia venture), Cisco Systems, Inc., Oracle,
CENTURYLINK, Silver Peak Systems, Inc., Ecessa, ARYAKA NETWORKS, INC., Riverbed
Technology, Cato Networks, Citrix Systems, Inc., Forcepoint, and Untangle.
Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/1896
Segmental Analysis
The global software-defined wide area network
(SD-WAN) market has been segmented based on component, deployment, vertical,
and region.
By component, the software-defined wide area
network (SD-WAN) market has been divided into appliances and services. The
appliances segmented includes physical and virtual sub-segments. The physical
appliances segment comprises routers, access points, switches, gateways, and
cables. The virtual appliances include CSP, web portal, and the Internet.
By deployment, the software-defined wide area
network (SD-WAN) market is segmented into on-premise and cloud.
Based on vertical, the software-defined wide
area network (SD-WAN) market is segmented into IT & telecommunication,
BFSI, manufacturing, healthcare, and retail. The IT & telecommunication
segment accounted for the largest market share of 48.4% in 2019, with a market
value of USD 1,042.9 million; it is expected to register a CAGR of 36.8% during
the forecast period. The others segment was the second-largest market in 2019,
valued at USD 367.2 million; it is projected to exhibit a CAGR of 36.7%.
However, the retail segment is expected to register the highest CAGR of 43.7%.
Browse Complete Report Here:
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.
MRFR team have supreme objective to provide
the optimum quality market research and intelligence services to our clients.
Our market research studies by products, services, technologies, applications,
end users, and market players for global, regional, and country level market
segments, enable our clients to see more, know more, and do more, which help to
answer all their most important questions.
Contact:
Market Research Future (Part of Wantstats
Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
Comments
Post a Comment