SD-WAN Market to Penetrate the 17 Brillion-Dollar Business Space by 2025

SD-WAN market growth is driven by the extensive adoption of SD-WAN solutions, which will unburden the organization with an expensive legacy infrastructure maintenance. The traditional WAN infrastructure relied on expensive hardware appliances to provide connectivity to remote locations. By deploying SD-WAN solutions, organizations can reduce those expenses. Another factor accelerating market growth is the increased adoption of cloud-based platforms. The solutions help enterprises to connect remote users and devices directly to the cloud and ensure that the connections are secured. These solutions enable them to reduce the network complexities of managing dynamic workload and provide improved network visibility.

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Furthermore, the penetration of smart IoT devices in various business verticals, including healthcare, manufacturing, telecom, and retail has increased the network complexities and security risks. SD-WAN solutions help to address the complexities of the IoT infrastructure and also improve the network visibility for managing connected devices to reduce security risks. The penetration of AI-enabled SD-WAN solutions will also contribute toward SD-WAN Market growth. Machine learning algorithms are widely used for WAN optimization, enabling network administrators to analyze the WAN traffic and automatically re-route the traffic for the selected connection.

The manufacturing market is expected to exhibit the highest growth rate of over 60% from 2019 to 2025. The SD-WAN Market growth is attributed to the growing popularity of IoT platforms. As sensors and smart devices are widely used in manufacturing facilities, the manufacturing companies require solutions, which can provide exceptional network visibility for managing those endpoints. SD-WAN solutions enable manufacturers to simplify the network management and prioritize network traffic to ensure that business-critical applications get the required connection. As the use of IoT devices and communication technologies in the manufacturing industry continues to rise, the demand for these solutions to support the connectivity across manufacturing facilities will increase.

The SD-WAN 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 SD-WAN Industry growth in the region is the adoption of network virtualization technologies to reduce the operational costs and enhance the automation of networks. For example, in December 2017, China Telecom selected ZTE for the provisional cloud resource pool pre-commercial trial SDN project. Under the collaboration, ZTE provided China Telecom with full series of SDN solutions to support the need for automatic resource pool deployment and resource pool interconnection while managing construction costs.

The players operating in the SD-WAN Market are focusing on product innovations to develop new offerings to cater to the evolving needs of enterprise networks. The companies are offering new and cost-effective solutions to help enterprises address the growing infrastructure demands. In September 2017, Huawei launched its SD-WAN solution and a series of universal computing gateway systems to provide enterprises with an on-demand interconnection between multiple branches and cloud. In August 2018, Cisco and Sify Technologies launched managed and secure SD-WAN service, built on the Cisco SD-WAN platform for Indian enterprises.

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The new service providers provide flexibility to the customers to easily transition from their existing network to a fully secure SD-WAN platform. Some of the companies are focusing on strategic acquisitions to expand their existing capabilities to gain more SD-WAN Market share. For instance, in August 2017, Cisco acquired Viptela, Inc. to develop a next-generation of intent-based networking solutions. Through this acquisition, the company blended Viptela’s technology with its SD-WAN products to bring next-generation solutions to the SD-WAN Market.

Some Points From Table Of Content: -
Chapter 5. SD-WAN Market, By Component
5.1. Key trends, by component
5.2. Solution
5.2.1. Solution market estimates and forecast, 2014-2025
5.2.2. Physical appliance
5.2.2.1. Physical appliance market estimates and forecast, 2014-2025
5.2.3. Virtual appliance
5.2.3.1. Virtual appliance market estimates and forecast, 2014-2025
5.3. Service
5.3.1. Service market estimates and forecast, 2014-2025
5.3.2. Training & consulting
5.3.2.1.1. Training & consulting market estimates and forecast, 2014-2025
5.3.3. Integration & maintenance
5.3.3.1.1. Integration & maintenance market estimates and forecast, 2014-2025
5.3.4. Managed service
5.3.4.1.1. Managed service market estimates and forecast, 2014-2025

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