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Software-Defined Wide Area Network Market in hybrid deployment model to see at 62% CAGR over 2019 to 2025 | Top Key Players - Aryaka Networks, Barracuda, Cisco, Citrix, Huawei Technologies, Oracle, VMware, ZTE Corporation, Silver Peak, Infovista

04-30-2019 09:01 AM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc.

Software-Defined Wide Area Network Market

Software-Defined Wide Area Network Market

Software-Defined Wide Area Network Market in hybrid deployment model is set to observe steady growth the forecast timeline. The hybrid architecture holds great potential for organizations that are particular about the security of their sensitive data. Organizations are deploying hybrid WAN, which provides them with efficiencies in route selection and also improves business application performance by enabling path selection for traffic movement.

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The manufacturing sector is anticipated to emerge as one of the most profitable application avenues for the global software-defined wide area network market. Undeniably, this growth can be credited to the surging popularity of IoT platforms deployed in manufacturing industries. With more and more smart devices and sensors being incorporated in manufacturing facilities, companies are, quite overtly, demanding accurate solutions that are able to deliver exceptional network visibility for end-point management.

Software-defined wide area network market in solutions segment held a major market share in 2018 and is expected to maintain its dominance in the market with a share of over 63% in 2025. In this segment, physical appliances held a major market share of around 74% due to the extensive adoption of these appliances for SD-WAN deployment. As these devices are easy to deploy and do not require any additional expertise for deployment, the demand for physical appliances is expected to increase over the forecast timeline.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Aryaka Networks
2. Barracuda
3. Cisco
4. Citrix
5. Huawei Technologies
6. Oracle
7. VMware
8. ZTE Corporation
9. Silver Peak
10. Infovista

SD-WAN Market, By Component
o By Solution
o Physical Appliance
o Virtual Appliance
o By Service
o Training & Consulting
o Integration & Maintenance
o Managed Service
SD-WAN Market, By Deployment model
• On-premise
• Cloud
• Hybrid

Make an inquiry for buying this report @ www.gminsights.com/inquiry-before-buying/2214

Software-Defined Wide Area Network Market is predicted to see lucrative gains in the coming years owing to increasing penetration of smart IoT devices in varied industry verticals, including retail and consumer goods, telecom, manufacturing, and healthcare has substantially increased security risks and network complexities. SD-WAN solutions play a vital role in this context, given that they help improve network visibility for the management of connected devices for reducing security risks, and address the complexities of the IoT infrastructure. The prevailing AI-enabled SD-WAN solutions would also boost the demand for SD-WAN as machine learning algorithms are broadly utilized for WAN optimization.

Training & consulting services in the software-defined wide area network market are expected to grow at a CAGR of over 64% from 2019 to 2025. To enable customers to effectively deploy SD-WAN solutions, training & consulting service providers offer services for improving the customers ability to leverage SD-WAN solution deployments, which will meet their business objectives. The service providers offer training & consulting services that help enterprises in deploying, implementing & operating solutions and also help them to use the best strategy to ease the process of network transformation.

The software-defined wide area network market in Asia Pacific will show the fastest growth rate of over 61% over the forecast timeline. The market growth is driven by the growing adoption of cloud-based infrastructure by enterprises to achieve agility and improve application performance. The enterprises are adopting solutions to improve their network performance and reduce the complexity associated with the existing WAN infrastructure. Another factor accelerating market growth in the region is the adoption of network virtualization technologies to reduce the operational costs and enhance the automation of networks.

Browse key industry insights spread across 300 pages with 362 market data tables & 31 figures & charts from the report, “SD-WAN Market Size By Component (Solution [Physical Appliance, Virtual Appliance], Service [Training & Consulting, Integration & Maintenance, Managed Service]), By Deployment Model (On-premise, Cloud, Hybrid), By Application (IT & Telecom, BFSI, Healthcare, Retail & Consumer Goods, Government, Manufacturing), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, Netherlands, China, Japan, India, Australia and New Zealand (ANZ), South Korea, Southeast Asia, Brazil, Mexico, Argentina, Colombia, South Africa, UAE, Saudi Arabia, Israel), Growth Potential, Competitive Market Share & Forecast, 2019 - 2025” in detail along with the table of contents:

www.gminsights.com/industry-analysis/software-defined-wide-area-network-sdwan-market

The North America software-defined wide area network market held a major market share of over 49% in 2018 and is expected to dominate the market in 2025. This growth is driven by a rise in the adoption of business-critical, bandwidth-intensive applications that include cloud apps, video conferencing, and IoT. As enterprises in the region are rapidly migrating to cloud-based platforms, the demand for these solutions will increase owing to the flexibility and data traffic prioritization that they offer.

The software-defined wide area network market has lately been growing at a significant pace, characterized by the robust adoption of these solutions across a spate of industry verticals, given their ability to help organizations regarding their legacy infrastructure maintenance. The traditional infrastructure of WAN is known to rely extensively on costly hardware appliances for providing connectivity in remote locations. However, organizations have now been able to reduce those expenses by deploying SD-WAN solutions. Moreover, the solutions also assist enterprises in directly connecting remote users and devices to the cloud and ensuring secure connections.

Considering the exponential adoption rate of software-defined wide area network market across the industrial sector, it comes as no surprise that the SD-WAN market has been touted to crop up to be one of the most lucrative investment grounds over the forthcoming years. A majority of SD-WAN adoptions across different enterprises are driven by the need of unburdening the organizations of their expensive legacy WAN infrastructures, which heavily rely upon expensive network hardware appliances to facilitate connectivity to numerous remote locations, and considerably reduce these expenses for the companies.

Some of the key players in the software-defined wide area network market are, Aryaka, Barracuda Networks, Berkshire Partners LLC (Masergy Communications), Cato Networks, Cisco, Citrix, CloudGenix, Ecessa Corporation, Elfiq Networks, FatPipe Networks, Huawei, Infovista, Nuage Networks, Oracle, Peplink, Riverbed, Silver Peak, Versa Networks, Vmware, and ZTE.

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
Blog: www.industry-source.org

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