Overview
The software-defined wide area network (SD-WAN) market is anticipated to grow by 46.31 billion by 2030 rapidly growing at a
CAGR of 36.9% during the forecast period 2020- 2030. The global
software-defined wide area network (SD-WAN) market is driven by rising network
traffic to create robust opportunities. These factors have helped shape the
software-defined wide area network (SD-WAN) market and are expected to boost
the growth. Companies in the software-defined wide area network (SD-WAN) market
could also face challenges such as reliability of SD-WAN network to restrain
market growth . The details covered in the software-defined wide area network
(SD-WAN) market report cover all the aspects of the industry. software-defined
wide area network (SD-WAN) market analysts have also shared growth projections
in the report and have suggested software-defined wide area network (SD-WAN)
market players to plan growth strategies accordingly.
Market Segmentation
The global software-defined wide area network (SD-WAN) market has been
segmented based on component, deployment, and vertical. On the basis of
components, the market for software-defined wide area network (SD-WAN) is
segmented based on appliances (physical (router, access point, switches,
gateways and cables) and virtual (csp, web portal and internet)) and services
(managed services and professional services. Additionally, the market on the
basis of deployment, is segmented into on-premise and cloud. The global market
for software-defined wide area network (SD-WAN) is also covered based on
vertical segment which is further split into IT & telecommunication,
manufacturing, BFSI, healthcare and retail.
Factors like enterprise mobility, rise in mobile workers, and
penetration of smart IoT devices across different enterprise verticals support
the software-defined wide area network (SD-WAN) market growth. The performance
of software-defined wide area network (SD-WAN) market has also been studied for
the past and current years. Additionally, the software-defined wide area
network (SD-WAN) market report provides analysis of these segments. The
software-defined wide area network (SD-WAN) market segmental analysis provided
in the report offers major details about the software-defined wide area network
(SD-WAN) market performance and future.
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Regional Overview
Companies in the software-defined wide area
network (SD-WAN) market are spread across the world. The software-defined wide
area network (SD-WAN) market report provides major information about regional
markets of North America, Europe, Asia-Pacific (APAC), and the rest of the
world. The North American software-defined wide area network (SD-WAN) market
has many companies across the United States, Canada, and Mexico. Europe has
companies in the software-defined wide area network (SD-WAN) market across
Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of
the software-defined wide area network (SD-WAN) market across India, China, and
Japan in the Asia-Pacific region is also presented in the report. The software-defined
wide area network (SD-WAN) market of the Middle East, Africa, and other regions
has also been studied by analysts. The regional analysis of the
software-defined wide area network (SD-WAN) market can be found in the market
research report.
Competitive Landscape
The software-defined wide area network
(SD-WAN) market is supported by penetration of smart IoT devices across
different enterprise verticals and rising network traffic. The population
growth around the world and increasing demand of software-defined wide area
network (SD-WAN) market based services and products also support the market
growth. However, the software-defined wide area network (SD-WAN) market growth
can be affected due to concerns over security to act as a challenge. The report
covers all such details which will help companies in the software-defined wide
area network (SD-WAN) market to strengthen their business plan and improve
their product portfolio. The software-defined wide area network (SD-WAN) market
research report also provides company profiles of major companies. The company
profile of organizations operating in the software-defined wide area network
(SD-WAN) market discusses strategies, growth plans, size, revenue, and mergers
and acquisition details of top companies in the software-defined wide area
network (SD-WAN) market. New entrants and established players can plan their
strategies based on this data provided in the software-defined wide area
network (SD-WAN) market research report.
Industry News
In collaboration with Verizon SD-WAN, Silver
Peak Systems is joining Versa Networks and Cisco. The Silver Peak Unity
EdgeConnect edge network is sponsored by Verizon Enterprise as a controlled
service. Aamir Hussain, senior vice president of corporate products for Verizon
Company said development of WAN edge architecture has radically changed over
the last few years, particularly in 2020.
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