Software-Defined Wide Area Network (SD Wan) Market is Forecast to Reach USD 9.31 Billion by 2026 | Aryaka, Cisco, Viptela, VMware, Silver Peak, Nokia

The Global Software-Defined Wide Area Network (SD Wan) market is forecast to reach USD 9.31 Billion by 2026, according to a new report by Reports and Data. The Software-Defined Wide Area Network market can be seen to experience continuous growth during the forecast period. One of the major driving factors for the growth of the market is the drastic shift and adoption of SD Wan solutions by enterprises. The shift to SD Wan solutions has been the result of increased demand for low infrastructural maintenance, which can be addressed by the SD Wan solution.

North America is anticipated to become the leading market for the global TVWS spectrum market throughout the forecast period. Moreover, the market in Africa is expected to grow at the highest rate between 2018 and 2025. The primary factor driving the growth of the market in North America is the steady support from the governments from this region for the use of TVWS spectrum technology in different applications.

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The emerging and present key participants in the Software-Defined Wide Area Network (SD Wan) market are:

Aryaka, Cisco, Viptela, VMware, Silver Peak, Nokia, Huawei, Oracle, Infovista, Riverbed, andamong others.

Profitability scope and Prospects

The key participants who have shown tremendous growth in the Software-Defined Wide Area Network (SD Wan) market have been included in the report. In the report, data from 2016 to 2018, shows that some of the companies have shown enormous sales revenues, with the net revenue being doubled and the profits continually increasing. The profitability of the products being sold by the company indicates the influence and competitive advantage these companies have over the others.

For this report, the market has been divided into segments on the basis of Component, End-Use Application, End-User, and Region:

Component Type Outlook (Revenue, USD Billion; 2020-2026)

Solutions

Appliances
Software

Services

Implementation
Consulting
Support and Training
Communication service provider (CSP) SD-WAN managed services
Cloud-managed SD-WAN

Network type Outlook (Revenue, USD Billion; 2020-2026)

Broadband
Long-Term Evolution
Multiprotocol Label Switching
Hybrid

Deployment type Outlook (Revenue, USD Billion; 2020-2026)

Cloud
On-Premises

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Application (Revenue, USD Million; 2018–2025)

Rural Internet
Urban Connectivity
Public Safety
Smart Grid Networks
Transportation and Logistics
Vehicle Broadband
IoT

Range (Revenue, USD Million; 2018–2025)

Medium Range
Long Range
Very Long Range

 Regional Outlook (Revenue in USD Million; 2016–2026)

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)

Further key findings from the report suggest

-The Software-Defined Wide Area Network (SD Wan) market held a market share of USD 1.30 Billion in the year 2018 with a growth rate of 27.8% during the forecast period.

-In regards to Component, the Solutions segment dominated the market that generated a higher revenue of USD 0.98 Billion in 2018 with a CAGR of 26.7% during the forecast period. Various advantages associated with SD Wan solutions like the effectiveness of solution in connecting remote users and devices directly to the cloud, ascertaining the security of the connection and resolving issues with the Internet of things have resulted in its increased incorporation in the operation of enterprises, contributing to the revenue generated by this segment.   

-In context to Network type, the Broadband segment is forecast to generate the highest revenue of USD 14 Billion by 2026 with a growth rate of 28.0% during the forecast period. Revenue generated by the segment is the result of the shift to broadband WAN among enterprises wherein SD Wan is useful in physical or virtual appliances incorporated in their branch offices. Such effectiveness of SD Wan solutions has resulted in its increased demand in this network type, contributing to the revenue generated by this segment.

-In regards to Application, the Physical segment generated the highest revenue of USD 0.95 -Billion in 2018 with a CAGR of 28.0% during the forecast period. The fact that most of the SD Wan functionality is contained in physical appliances including dynamic path routing, firewalls, and WAN optimization, it results in its increased demand over other applications that contributes to the revenue generated by this segment.

-In regards to end-user, the IT and telecom segment leads the market occupying the largest market share of 38.0% in 2018 with a CAGR of 28.2% during the forecast period. The market share held by the IT and telecom segment is the result of significant advancements in this sector and the rise in demand for enhanced bandwidth for superior performance of applications.

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The Software-Defined Wide Area Network (SD Wan) report addresses the following questions:

-Understand the demand for global Software-Defined Wide Area Network (SD Wan) to determine the viability of the market.

-Identify the developed and emerging markets where Software-Defined Wide Area Network (SD Wan) are offered.

Identify the challenge areas and address them.

-Develop strategies based on the drivers, trends and highlights for each of the segments.

-Evaluate the value chain to determine the workflow and to get an idea of the current position where you are placed.

-Recognize the key competitors of this market and respond accordingly.

-Knowledge of the initiatives and growth strategies taken up by the major companies and decide on the direction for further growth.

-Define the competitive positioning by comparing the products and services with the key players in the market.

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