Industry Background:
Enterprises worldwide strive to improve the operational efficiency will help to boost the global Software-Defined Wide Area Network market in the forecasted period. 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.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Cisco (United States), VMware (United States), Silver Peak (United States), Aryaka Networks (United States), Nokia (Finland), Oracle (United States), Huawei (China), Infovista (France) and Citrix (United States) |
According to AMA, the market for Software Defined Wide Area Network is expected to register a CAGR of 35.1% during the forecast period to 2027. This growth is primarily driven by Increasing the requirement of mobility services and The growing number of cloud-based solutions.
Globally, a noticeable market trend is evident High Adoption of from Enterprises’ due to focus on reducing OPEX with SD-WAN The Internet Software & Services sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Cisco (United States), VMware (United States), Silver Peak (United States), Aryaka Networks (United States), Nokia (Finland), Oracle (United States), Huawei (China), Infovista (France) and Citrix (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
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.
Influencing Trend:
High Adoption of from Enterprises’ due to focus on reducing OPEX with SD-WAN
Market Growth Drivers:
Increasing the requirement of mobility services and The growing number of cloud-based solutions
Challenges:
The Growing Concern Related to SD-WAN security
Restraints:
Reliability issues in SD-WAN
Opportunities:
High Demand due to Increasing Network Traffic and Rising Digital transformation across organizations
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Software Defined Wide Area Network Market
- Analysis about New Entrants in Software Defined Wide Area Network Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Software Defined Wide Area Network Study Sheds Light on
The Software Defined Wide Area Network Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Software Defined Wide Area Network industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Software Defined Wide Area Network industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.