Software-Defined Wide Area Network (SD-WAN) Market Insights | Key players: Cisco, VMware, Nokia, Oracle and Huawei
Browse 56 market data Tables and 36 Figures spread through 122 Pages and in-depth TOC on "Software-Defined Wide Area Network (SD-WAN) Market”
Software segment to record a higher growth rate during the forecast period
In the SD-WAN market by solutions, the software segment is expected to record a higher growth rate during the forecast period. With technology advancements, end-user’s network is driven by software models. SD-WAN software provides scalability, flexibility, and agility in the network. SDN controllers deliver a centralized management to enterprises and in turn improve the overall network efficiency. Currently, the software segment is driving the global SD-WAN market.
Among end users, the service providers segment to grow at a higher CAGR during the forecast period
In the SD-WAN market by end user, the service providers segment is expected to grow at a higher CAGR during the forecast period. Currently, the SD-WAN market is emerging and expected to grow during the forecast period. In the present scenario, service providers are partnering with pure play SD-WAN vendors to provide SD-WAN as managed service to the enterprises. Hence, Communication Service Providers (CSPs) and Managed Service Providers (MSPs) are adopting SD-WAN solutions.
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North America to hold the largest market size during the forecast period
North America is expected to hold the largest market size in the global SD-WAN market during the forecast period. The US has emerged as the largest country for SD-WAN in terms of market size, due to the large-scale implementation of SD-WAN solutions by service providers and enterprises in the country. The US is home to large CSPs, such as AT&T, Sprint, T-Mobile, CenturyLink, and Verizon. In addition, verticals such as finance, retail, manufacturing, and healthcare are implementing SD-WAN solutions in their core network to reduce CAPEX and streamline network operations.
Key players and innovating vendors in the global SD-WAN market include Cisco (US), VMware (US), Silver Peak (US), Aryaka Networks (US), Nokia (Finland), Oracle (US), Huawei (China), Infovista (France), Citrix (US), Juniper (US), Fortinet (US), HPE (US), Fatpipe (US), Riverbed (US), CloudGenix (US), Versa Networks (US), Adaptiv Networks (Canada), Peplink (US), Lavelle Networks (India), Martello Technologies (Canada), Mushroom Networks (US), Zenlayer (US), and Bigleaf Networks. These players have adopted various organic and inorganic strategies to grow in the global SD-WAN market.
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