WAN Optimization Solutions Market Scope
WAN Optimization Solutions is also known as WAN acceleration. WAN optimization solutions is the collection of technologies and techniques used to improve the efficiency of data transfer across a wide area network (WAN) between organizations centralized data centres and remote locations. Wan optimization helps the enterprise to save costs on the various additional hardware, software and bandwidth. Geographically, North America is the leading region for huge applications across various domains. The WAN Optimization Solution is cost-effective owing to this most of the large enterprises have taken applications out of the branch offices and consolidated them into centralized data centres. The growing number of data centres and branch offices, increasing cloud-based WAN optimization solutions and the rising need to ensure user productivity are driving the growth of the market over the forecast period.
The WAN Optimization Solutions market study is segmented by Type (SD-WAN Software and WAN-OP Software) and major geographies with country level break-up.
The market is expected to grow in the information technology and Ecommerce Industry. It has wide application in telecommunication for data centre and cloud-based application along with the use of WA network is driving the demand for the market. Several companies such as Riverbed Technology, Allot Communication Ltd., Silver Peak System INC, Citrix Systems, INC., Array Networks, INC., Cisco Systems, INC, F5 Networks, INC., Radware Ltd., Streamcore., Juniper Networks Inc., Acacia Communications Inc., Amphenol Corporation are operating in the market to provide customer better offer with various features, service & unique offering. The market is a partially fragmented market with the presence of several market players and local players. Which is triggering the market growth over the forecast period
Cisco (United States), Riverbed (United States), Aryaka (United States), Silver peak (United States), Ipanema (United States), Citrix (United States), Automic (India), Juniper (United States), Circadence (United States), Symantec (United States), Lumen (United States), SonicWall (United States), FatPipe (United States), Untangle (United States), Secucloud (Germany) and Others are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global WAN Optimization Solutions market by Type, Application and Region.
On the basis of geography, the market of WAN Optimization Solutions has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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).
Market Leaders and their expansionary development strategies
On 22nd September 2020, Hewlett Packard Enterprise has completed the acquisition of Silver Peak, an SD-WAN (Software-Defined Wide Area Network) leader, in a transaction valued at USD 925 million. The acquisition will strengthen the enterprise cloud transformation solution which is covering all aspects of wired, wireless local area networking (LAN), and wide-area networking (WAN), , On 14 November 2018- Riverbed Technologies launched the SD-WAN solution. SD-WAN solution included new subscription pricing and enhancement of SD-WAN solution which integrates with the advanced SD-WAN functionality by providing security and visibility in a single streamlined device., and On 9th July 2019- Verizon business Group launched Virtual Network Services (VNS). It is a WAN optimization with ONEx that boosts enterprise data transmission without any requirement of hardware or endpoint software installation.
On 9th July 2019, Verizon Business Group had launched a new network optimization solution that easily supports rich media data transmission across various business verticals., and On 18th April 2020 riverbed Doubles Down on the WAN optimization solution service. This new strategy helps customers to solve applications and perform various challenges across the various domains.
Market Trend
- huge demand for cloud server technology is another trending in the market over the forecast
Market Drivers
- Large adoption for cloud and mobile technologies
- Rising demand for advanced technologies
Opportunities
- Rising demand for internet applications has resulted in the adoption of cloud-based applications along with the use of WAN networks
Restraints
- The initial investment is too high and high skilled labor is required for maintenances
Challenges
- SD-WAN does not solve all the issues related to WAN traffic
- SD-WAN networks performance is too slow
Key Target Audience
Telecommunication Industry, OEM (Original Equipment Manufacturing), Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End-Use Industry