What is SD-WAN Software?
SD-WAN Software or Software-defined networking in a wide area network (WAN) simplifies the management and operation of a WAN by decoupling the networking hardware from its control mechanism. It implements virtualization technology to improve data center management and operation. It has increased the usage of many devices such as smartphones, tablets, and notebooks to access business applications driving the SDWAN market. Bring your own device (BYOD) policies adopted by enterprises are also increasing the demand for SDWAN. Enterprises worldwide strive to improve the operational efficiency will help to boost the global Software-Defined Wide Area Network market in the forecasted period.
The market study is broken down and major geographies with country level break-up.
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global SD-WAN Software market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cisco (United States), VMware (United States), Silver Peak (United States), Aryaka Networks (United States), Nokia (Finland), Oracle (United States), Huawei (China), Infovista (France), Citrix (United States) and Juniper (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Fortinet (United States), HPE (United States), Fatpipe (United States), Riverbed (United States) and CloudGenix (United States).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global SD-WAN Software market by Type, Application and Region.
On the basis of geography, the market of SD-WAN Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Mode, the sub-segment i.e. Cloud Based will boost the SD-WAN Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industries, the sub-segment i.e. Retail will boost the SD-WAN Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Enterprise Size, the sub-segment i.e. Large Enterprises will boost the SD-WAN Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Solution [Software, Appliances] will boost the SD-WAN Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 13th July 2020, Hewlett Packard Enterprise is acquiring SD-WAN technology provider Silver Peak for USD 925 million. The HPE-Silver Peak business combination essentially counters Aryaka, Cisco Systems, Fortinet, Nuage Networks from Nokia, Versa Networks, and VMware SD-WAN by VeloCloud, among others.
On 12th May 2020, Aryaka partnered with T-Systems Switzerland (belonging to the large-business segment of Deutsche Telekom) for the Swiss business enterprise market. Aryaka SD-WAN solution will be utilized by T-Systems Switzerland for its customers in Metropolitan Area Network, Managed LAN, Unified Communications (UCC), and Network Security Services.
Market Trend
- High Adoption of from Enterprises’ due to focus on reducing OPEX with SD-WAN
Market Drivers
- Increasing the requirement of mobility services
- The growing number of cloud-based solutions
Opportunities
- High Demand due to Increasing Network Traffic
- Rising Digital transformation across organizations
Restraints
- Reliability issues in SD-WAN
Challenges
- The Growing Concern Related to SD-WAN security
Key Target Audience
Research Organizations, Consulting Firms, System Integrators, Government Regulatory Bodies, Private Research Organization, Government Research Organization and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.