Press release
SD WAN Managed Services Market Emerging Trends Also Scope by 2018-2028
As the society continues to evolve, interconnection of people, devices and content, and networks has become an important part of this new world. As the internet connects all the things, networks need to provide more value than simply a raw bandwidth. The time it takes to bring up new sites and interconnecting sites or public or private clouds has increasingly become an issue. Additionally, services and bandwidth changes, often take weeks because they involve manual workflow-based processes that are unacceptable for a society now accustomed to on-demand cloud-based applications and services. SD WAN with the managed services it provides has emerged as one such solution to address these issues.
Unlike other network connectivity services, SD WAN managed service use application-driven networking where application traffic is forwarded over different WANs based on QoS, Security and Business priority policies. SD WAN must be operated by either the enterprise or by a service provider. Many enterprises today prefer to have a Communications Service Provider (CSP) or Managed Service Provider (MSP) to deliver a SD WAN managed service rather than own and operate the SD WAN themselves, since network management and operations is not their core business. CSPs and MSPs are now aggressively introducing SD WAN managed services to address the enterprise challenges and deliver agile, assured and orchestrated third network connectivity services leveraging SD WAN technologies.
SD WAN Managed Services Market: Drivers and Challenges
One of the drivers for the SD WAN managed services market is the rapid service provisioning system it follows. The other drivers for the SD WAN managed services market comes with the ability to scale the network on-demand, business agility to adjust to market dynamics, ability to dynamically tailor the application needs and lower network connectivity service costs. These drivers allow the organization to use SD WAN managed services without hesitation as it increase the efficiency of the company by saving the capital, which was used before in the DIY model. This capital can be now used for making strategic decisions, which would lead to more efficiency and revenue growth.
The restraint for SD WAN managed services market are with the current OSS/BSS systems, which are inadequate. Also, other restraints for the SD WAN managed services market are integration with legacy infrastructure, standards being insufficient or incomplete, network operators not being strategically committed to the job, and funding constraints for deployment.
SD WAN Managed Services Market: Segmentation
The SD WAN managed services market can be segmented on the basis of component, organization size, vertical and region.
On the basis of component, the SD WAN managed services market is segmented into:
SD-WAN Edge
SD-WAN Controller
Service Orchestrator
SD-WAN Gateway
Subscriber Web Portal
On the basis of organization size, the SD WAN managed services market is segmented into:
Large Enterprises
Small and Medium Enterprises
On the basis of verticals, the SD WAN managed services market is segmented into:
BFSI
Healthcare
Retail
IT & Telecommunication
Manufacturing
Government
Others
SD WAN Managed Services Market: Key Players
Examples of some of the market participants in the global SD WAN managed services market identified across the value chain include Fujitsu, Silver Peak, Telstra, Versa Networks, Masergy, Verizon, VMware, Inc., Citrix, Cisco, and AT&T, among others.
SD WAN Managed Services Market: Regional Overview
On the basis of geography, the SD WAN managed services market is segmented across North America, Latin America, Europe, CIS & Russia, Asia Pacific excluding Japan, Japan, and Middle East & Africa. Among these, North America is expected to be the leading regional market for SD WAN managed services in terms of value due to the technological advancements in the region and also due to increased use of SD WAN among various industry verticals. North America is expected to be followed by Asia Pacific excluding Japan as the region has large number of small and medium organizations, which as a result increase the adoption of SD WAN managed services. In terms of growth, Asia Pacific excluding Japan SD WAN managed services market is leading the market followed by Europe.
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The report covers exhaustive analysis on:
SD WAN Managed Services Market Segments
SD WAN Managed Services Market Dynamics
Historical Actual Market Size, 2012 - 2016
SD WAN Managed Services Market Size & Forecast 2017 To 2027
Supply & Demand Value Chain
SD WAN Managed Services Market Current Trends/Issues/Challenges
Competition & Companies involved
SD WAN Managed Services Market Value Chain
SD WAN Managed Services Market Drivers and Restraints
Regional analysis for SD WAN Managed Services Market includes
North America
US
Canada
Latin America
Brazil
Mexico
Argentina
Chile
Peru
Rest of LatAm
Europe
EU – 4 (Germany, France, Italy, Spain)
UK
BENELUX (Belgium, Netherlands, Luxemburg)
NORDIC (Norway, Denmark, Iceland, Sweden)
Eastern Europe (Poland, Ukraine, Czech Rep. etc.)
Rest of Europe
CIS & Russia
Japan
APEJ
Greater China
India
Korea
ASEAN Countries
Rest of APEJ
Middle East & Africa
GCC Countries
Turkey
Iran
Israel
South Africa
Rest of MEA
The report is a compilation of first-hand information, qualitative, and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
Detailed overview of parent market
Changing market dynamics of the industry
In-depth market segmentation
Historical, current and projected market size in terms of value
Recent industry trends and developments
Competitive landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
Must-have information for market players to sustain and enhance their market footprint
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FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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