Software-Defined Wide Area Network (SD Wan) market

Software-Defined Wide Area Network (SD Wan) market Demand, Share, Growth, PESTLE Analysis, Global Industry Overview, 2021-2027 | Top Players- Aryaka, Cisco, Viptela, VMware, etc.

The Global Software-Defined Wide Area Network (SD Wan) market is forecast to reach USD 9.31 Billion by 2026, according to a new report by Reports and Data. The Software-Defined Wide Area Network market can be seen to experience continuous growth during the forecast period. One of the major driving factors for the growth of the market is the drastic shift and adoption of SD Wan solutions by enterprises. The shift to SD Wan solutions has been the result of increased demand for low infrastructural maintenance, which can be addressed by the SD Wan solution. In traditional Wan infrastructure, the cost of hardware appliances required for connecting to remote locations was high. With the help of deployment of SD Wan solutions, organizations can effectively minimize these expenses, which has resulted in increased demand for SD Wan solutions that are contributing to the expansion of the market.

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The report offers a comprehensive analysis of the competitive landscape along with profiles of the companies, their product portfolios, and lucrative business strategies undertaken by them to gain a robust footing in the global industry. It also discusses in detail the recent mergers and acquisitions, partnerships, collaborations, and product launches among others.

Further key findings from the report suggest:

The Software-Defined Wide Area Network (SD Wan) market held a market share of USD 1.30 Billion in the year 2018 with a growth rate of 27.8% during the forecast period.

In regards to Component, the Solutions segment dominated the market that generated a higher revenue of USD 0.98 Billion in 2018 with a CAGR of 26.7% during the forecast period. Various advantages associated with SD Wan solutions like the effectiveness of solution in connecting remote users and devices directly to the cloud, ascertaining the security of the connection and resolving issues with the Internet of things have resulted in its increased incorporation in the operation of enterprises, contributing to the revenue generated by this segment.

In context to Network type, the Broadband segment is forecast to generate the highest revenue of USD 14 Billion by 2026 with a growth rate of 28.0% during the forecast period. Revenue generated by the segment is the result of the shift to broadband WAN among enterprises wherein SD Wan is useful in physical or virtual appliances incorporated in their branch offices. Such effectiveness of SD Wan solutions has resulted in its increased demand in this network type, contributing to the revenue generated by this segment.

In regards to Application, the Physical segment generated the highest revenue of USD 0.95 Billion in 2018 with a CAGR of 28.0% during the forecast period. The fact that most of the SD Wan functionality is contained in physical appliances including dynamic path routing, firewalls, and WAN optimization, it results in its increased demand over other applications that contributes to the revenue generated by this segment.

In regards to end-user, the IT and telecom segment leads the market occupying the largest market share of 38.0% in 2018 with a CAGR of 28.2% during the forecast period. The market share held by the IT and telecom segment is the result of significant advancements in this sector and the rise in demand for enhanced bandwidth for superior performance of applications.

In regards to the region, Asia Pacific is forecast to experience the highest growth rate of 29.4% during the forecast period. The growth rate of the Asia Pacific region is the result of the incorporation of cloud-based infrastructure among enterprises and emphasis on adoption of network virtualization technologies for minimizing operational costs of networks in the region.

Key participants include Aryaka, Cisco, Viptela, VMware, Silver Peak, Nokia, Huawei, Oracle, Infovista, Riverbed, and

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The market is further segmented on the basis of product types offered in the market and the application spectrum. On the basis of types, the segmentation covers:

Component Type Outlook (Revenue, USD Billion; 2020-2026)

Solutions

Services

Network type Outlook (Revenue, USD Billion; 2020-2026)

Broadband

Long-Term Evolution

Multiprotocol Label Switching

Hybrid

Deployment type Outlook (Revenue, USD Billion; 2020-2026)

Cloud

On-Premises

Application Type Outlook (Revenue, USD Billion; 2020-2026)

Virtual

Physical

Hybrid

End-user Type Outlook (Revenue, USD Billion; 2020-2026)

IT and telecom

Healthcare

Manufacturing

BFSI

Government

Others

 The report is further segmented into key geographical regions along with their countries to impart a better understanding of the market. The report focuses on the economic growth, technological advancements, investment and funding, R&D activities, production and consumption ratio, current and emerging trends, and presence of key players in each region.

The regional analysis covers the following key regions of the world:

North America (U.S.A., Canada)

Europe (U.K., Italy, Germany, France, Rest of Europe)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Table of Contents:

Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technology
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026
Chapter 3. Indicative Metrics
Chapter 4. Software-Defined Wide Area Network (SD Wan) Market Segmentation & Impact Analysis
4.1. Software-Defined Wide Area Network (SD Wan) Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. The rise in preference for cloud-based application
4.2.2.2. Increased requirement for network visibility and privacy
4.2.2.3. Increased demand for simplified enterprise network
4.2.2.4. Need for cost-effective management of network
4.2.3. Market restraints analysis
4.2.3.1. Unpredictable failures and complications in the application
4.2.3.2. Issues of security with SD Wan
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price Trend Analysis

Continued…

 Questions Answered in the Report:

What will be the estimated growth rate of the Software-Defined Wide Area Network (SD Wan) market  in 2027?

Who are the prominent distributors, vendors, and manufacturers of the market?

What are the driving and restraining factors of the growth of Software-Defined Wide Area Network (SD Wan) market  throughout the forecast period?

What are the current and future market trends of the Software-Defined Wide Area Network (SD Wan) market ?

What are the sales and price analysis of the product by types, applications, and regional sales?

Which region is expected to dominate the market growth over the forecast period?

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