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Why WAN optimization is Becoming Increasingly Popular in the ICT Industry?

05-08-2019 09:15 AM CET | Industry, Real Estate & Construction

Press release from: WAN optimization Market

Why WAN optimization is Becoming Increasingly Popular in the ICT

The Research Report “WAN optimization Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025” provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz

WAN optimization technology enables heavy transfer of data across network without the need of buying more bandwidth. This technology is mainly used to carry out projects and new application rollouts. WAN optimization market is increasingly going through innovations due to change in IT and business requirements of various organizations. As a result, these organizations are looking for more flexible WAN capabilities. Wide Area Networking (WAN) or internet has heavily impacted the enterprise market by transforming it with diverse technologies which in turn enable secure and quick data transmissions over the network. As a result enterprises are focusing on WAN optimization technologies with an objective to maintain network infrastructure. This in turn aims at deriving maximum benefits in terms of bandwidth optimization, increased throughput, scalability and network acceleration. The other key features of this technology include data security, maximizing of regulatory compliance, data center consolidation, transparency of application data flow and backup infrastructure among others.

The WAN optimization technology is capable of handling real-time applications that includes streamlining of video, Voice over Internet Protocol (VoIP) and pre-population of on-demand video among other features substantially which in turn reduces the demand of networks. Hence, the WAN optimization is mainly advantageous for businesses which are network dependent. Therefore, the WAN Optimization market is predicted to witness a steady growth during the projection period from 2017 to 2025.

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Global WAN Optimization market has been segmented on the basis of solutions, services, deployment type and end user industry. Solutions segment is further bifurcated into WAN Optimization Controllers (WOC) Appliance, Hybrid Network Optimization and Network Traffic Acceleration among others. Services segment is bifurcated into deployment and integration services, training and support services and professional services. By deployment, the market has been additionally segmented into on-premises and on-demand deployment. In terms of end user, the global WAN Optimization market is segmented into IT and telecom, energy, healthcare, manufacturing and retail among others. Easy transmission of high memory content over the networks followed by handling of high data traffic is one of the important factor driving the global WAN Optimization market. Increase in the adoption of cloud and virtual WAN optimization controllers are driving the WAN Optimization market. In addition, increase in number of branch offices and data center is also acting as a driving factor in the growth of global WAN Optimization market. However, high initial investments faced by the vendors are restraining the growth of this market in terms of deployment. Introduction of advanced form of WAN that is Next Generation WAN optimization serves as opportunity for the global WAN Optimization market. This advanced technology helps to support various data signals that includes IP and Ethernet. In addition, it also aims at efficient mapping of such signals.

Geographically, global WAN Optimization market has been segmented into North America, Europe, Asia Pacific, Middle- East and Africa (MEA) and Latin America. In 2016, North America held the largest share of the WAN Optimization market due to increase in demand of cloud services in this region. In addition, increase in adoption of the WAN Optimization hardware and services is one of the primary factor boosting the demand of this market in this region. The U.S is the largest contributor in this regional market. Asia Pacific is expected to be the fastest growing market for WAN Optimization market. All these factors are expected to increase the demand of WAN Optimization market during the forecast period from 2017- 2025.

The major players operating in the global Casino Management Systems market includes Silver Peak, Inc.(The U.S), Array Networks(The U.S),Blue Coat Systems, Inc. (The U.S), Aryaka Networks, Inc.(The U.S), Exinda (The U.S), Riverbed(The U.S) and Citrix Systems, Inc(The U.S) among others.

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MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

-Tailwinds and headwinds molding the market’s trajectory
-Market segments based on products, technology, and applications
-Prospects of each segment
-Overall current and possible future size of the market
-Growth pace of the market
-Competitive landscape and key players’ strategies

The main aim of the report is to:

-Enable key stakeholder’s in the market bet right on it
-Understand the opportunities and pitfalls awaiting them
-Assess the overall growth scope in the near term
-Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.

MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

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