Market Research Report
Global Software defined-wide area network market Research Report- Forecast till 2025
|Published by||Market Research Future||Product code||954958|
|Published||Content info||149 Pages
Delivery time: 1-2 business days
|Global Software defined-wide area network market Research Report- Forecast till 2025|
|Published: April 13, 2020||Content info: 149 Pages||
Global Software Defined-Wide Area Network Market is expected to reach 45.3% CAGR and surpass USD 20,314.0 Billion by 2025. Software-Defined Wide Area Network (SD-WAN) is a networking service used to manage, design, and build connections between virtual networks across the organizations. It leverages the companies along with machine learning and connecting internal and external cloud services.
The Global Software-defined- wide area network is estimated to register a substantial market growth owing to the rising adoption of private cloud and rising software-defined data centers. Furthermore, according to MRFR analysis, the continuously evolving IoT and smart technologies are expected to encourage the adoption of private cloud computing services. Additionally, the major verticals of the software-defined wide area network market covered in the research are banking, financial services, and insurance (BFSI), healthcare, manufacturing, retail, IT and telecommunication, and others such as education, research and development, transportation, logistics, government, and others.
The Global Software Defined-Wide Area Network Market has been classified based on Component, Deployment, Vertical, and Region.
By the Component segment, the SD-WAN market has been bifurcated into appliances and services. The appliances segment is further segmented into physical and virtual. The services segment is again sub-divided into professional services and managed services. Managed services consist of data acquisition, processing & management, positioning & automation, testing, administration and content support, security, and among others.
Based on Deployment Type, the SD-WAN market has been classified into the cloud and on-premise.
By the Vertical segment, the SD-WAN market has been divided into retail, IT & telecommunication, healthcare, BFSI, manufacturing, and among others.
The region-specific analysis of, the SD-WAN market has been segregated into North America, Europe, Asia-Pacific, South America, and the Middle East and Africa.
In 2018, the North America segment contributed to the largest market share followed by Europe. The region is estimated to lead the market owing to the presence of advanced network infrastructure and the surging requirement for network virtualization.
Additionally, the Asia-Pacific segment is evaluated to register the highest growth during the forecast period. The regional market is propelled by the presence of innovative and technologically leading players in the region.
The major competitors of the Global Software Defined-Wide Area Network Market are Versa Networks, VMware, Inc., Cloudgenix, Inc., Nuage Networks, Cisco Systems, Inc., Oracle Corporation, CenturyLink, Inc., Silver Peak Systems, Inc., Ecessa Corporation, Aryaka Networks India Pvt Ltd, Riverbed Technology, Cato Network, Citrix Systems Inc., Forcepoint, and Untangle Inc.
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