SD-WAN Market 2022
As per the report by PMR, the global SD-WAN market is projected to grow rapidly and reach a valuation of US$ 53 Bn by the end of 2030.
A software-defined wide area network is a type of computer network that allows the bounding of multiple Internet access resources, such as cables, digital subscriber lines (DSL), and cellular or any other IP transport to provide high throughput data channels.
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WAN solutions improve application performance, reducing costs, increasing agility, and addressing various IT challenges. Enterprises are adopting SD-WAN solutions for threat protection, efficient offloading of expensive circuits, and simplification of WAN network management. IT infrastructure is rapidly expanding with changing business and technology needs such as security threats, and the adoption of cloud platforms of various branches are anticipated to fuel the growth of the SD-WAN market during the forecast period.
Key Players:
The report has profiled some of the Important players prevalent in the global like – Cisco Systems, Inc., IBM Corporation, Palo Alto Networks, Fortinet, Inc., VMware, Inc., Riverbed Technology, Aryaka Networks, Inc., Versa Networks, Inc., CloudGenix Inc., Lavelle Networks, CenturyLink, Inc., Silver Peak Systems, Nuage Networks, Ecessa Corporation, Cato Networks, Infovista and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the SD-WAN.
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Key Takeaways from SD-WANs Market Study
- The appliances segment in the SD-WAN market is expected to gain significant share, owing to increasing adoption of cloud platforms.
- Increasing need for fast services and app agility, and secure access to cloud applications, is boosting demand for SD-WAN solutions.
- The enterprise segment by end user is expected to hold a prominent share in the SD-WAN market, owing to the adoption of associated SD-WAN services.
- Rapid adoption of 5G applications and infrastructure is anticipated to result in significant dominance of North America in the global SD-WAN market.
- With companies across the world replying more on remote operations due to the COVID-19 pandemic, the global SD-WAN market is set to proliferate extensively from this situation.
“Number of partnerships between service providers and vendors in the SD-WAN marketplace is growing quickly. SD-WAN services offer service providers new opportunities to enhance consumer experience. This factor is expected to increase adoption of SD-WAN during the forecast period,” says a PMR analyst.
Key Stakeholders
SD-WAN Market Manufacturers
SD-WAN Market Distributors/Traders/Wholesalers
SD-WAN Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Key Questions Answered in This Report.
- What will the Market growth rate in Future?
- What are the key factors driving the global Market?
- Who are the key manufacturers in Market space?
- What are the opportunities and threats faced by the vendors in the global industry?
- What are sales, revenue, and price analysis by regions of industry?
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