Press release
New standards set for SD-WAN Market grow at a CAGR of 63.2% between 2017 and 2023.
SD-WAN MarketSummary
SD-WAN is an acronym for software-defined networking in a wide area network (WAN). An SD-WAN simplifies the management and operation of a WAN by decoupling (separating) the networking hardware from its control mechanism. This concept is similar to how software-defined networking implements virtualization technology to improve data center management and operation.
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The global SD-WAN market is valued at 980 million USD in 2017 and is expected to reach 18400 million USD by the end of 2023, growing at a CAGR of 63.2% between 2017 and 2023.
Scope of the Report:
This report studies the SD-WAN market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the SD-WAN market by product type and applications/end industries.
North America is expected to have the largest market share in 2018, whereas the Asia-Pacific (APAC) region is expected to grow at the highest CAGR from 2018 to 2023 in the Software Defined WAN Market. The major growth factors that would drive the adoption of SD-WAN include the increasing need to central network management and reducing the operating cost. Since APAC is the fastest growing region and represents the investors with immense opportunities of growth, a lot of the companies are investing in this region.
This SD-WAN market research report provides the existing competitive analysis of some of the major players profiled in the market, which includes: Cisco,Citrix System,Aryaka Networks,Cloudgenix,Ecessa,Silver Peak Systems,Velocloud,Viptela,Elfiq Networks,Peplink,Versa Networks.
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Global SD-WAN Market: Type Outlook: Virtual appliance,Physical appliance,Hybrid.
Global SD-WAN Market: Application Outlook: BFSI,Retail,Healthcare,Government,IT & Telecom,Manufacturing,Others.
Technological Advancements
The latest and advanced technologies used in the SD-WAN Market can be helpful for collaborative seminars, meetings, lectures, and training for industry professionals. Furthermore, in order to introduce advanced products or solutions, leading competitors are expected to concentrate on product innovation through continuous investments in product development.
Key Benefits:
1.The research report provides a detailed analysis of the Chemical Software Market along with the current and future growth prospects so as to shed light on the prominent investment pockets.
2.Information regarding key growth factors, constraints, and opportunities, along with their impact analysis on the Chemical Software Market is provided.
3.Porter’s fives forces analysis elaborates the effectiveness of buyers and suppliers operating in the market, globally and regionally.
4.The qualitative and quantitative analysis of the market from 2018 to 2023 is provided to put forth the market potential.
Overall, this SD-WAN market research report depicts thorough overview of the market, which, in turn, will help the industry participants, consultants, equipment manufacturers, as well as the existing key players searching for potential growth opportunities and the stakeholders to align their market-centric strategies in view of the on-going and projected trends in the coming years.
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Key questions answered in the report include:
What will the market size and the growth rate by the end of the forecast period?
What are the key industry trends impacting the growth of the market?
What are the key factors driving and restraining the SD-WANmarket?
What are the challenges to market growth?
What are the market opportunities and threats faced by the key players in the market?
Who are the leading competitors functioning in the market for SD-WAN?
What are the key outcomes of Porter’s five forces analysis of the SD-WAN market?
In the end, The main goal of this research study is to provide a clear picture and a better understanding of the market for Global self driving car sales market report 2018 to the manufacturers, suppliers, and the distributors operational in it. The readers can gain a deep insight into this market from this piece of information that can enable them to formulate and develop critical strategies for the further expansion of their businesses.
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