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Software-Defined Wide Area Network Market Overview, Trends, Growth, Demand, Key Players Analysis and Forecast to 2031

01-24-2023 06:03 PM CET | Media & Telecommunications

Press release from: Global Insight Services

Software-Defined Wide Area Network Market Overview, Trends,

New York, Global Software-Defined Wide Area Network Market report from Global Insight Services is the single authoritative source of intelligence on Software-Defined Wide Area Network Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Read more about Software-Defined Wide Area Network Market here: https://www.globalinsightservices.com/reports/software-defined-wide-area-network-market/

A software-defined wide area network (SD-WAN) is a type of WAN that uses software-defined networking (SDN) to route traffic between enterprise locations. SD-WANs are designed to improve network performance and flexibility while reducing costs.

Traditional WANs use dedicated, hardware-based routers to connect enterprise locations. SD-WANs, on the other hand, use a software-based approach to routing traffic. This allows enterprises to take advantage of the many benefits of SDN, such as improved network performance, flexibility, and reduced costs.

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Key Trends

The key trends in Software-Defined Wide Area Network (SD-WAN) technology are the following:

1. The increasing popularity of SD-WAN: This is due to the many benefits that SD-WAN offers, such as improved performance, increased flexibility, and easier management.

2. The growing adoption of cloud-based SD-WAN: This is because cloud-based SD-WAN can provide even more benefits, such as reduced costs and increased scalability.

3. The increasing number of SD-WAN vendors: This is because the SD-WAN market is growing rapidly and there is a need for more vendors to meet the demand.

Key Drivers

The key drivers of the Software-Defined Wide Area Network (SD-WAN) market are the need for increased agility, flexibility, and scalability in enterprise network architectures, the growing adoption of cloud-based applications and services, and the need to reduce network costs.

The traditional enterprise network architecture is based on a centralized, static model in which all traffic is routed through a single point of failure.

SD-WAN enables enterprises to optimize their network resources and connect their distributed locations with the best possible path, whether that is over the public internet or a private network connection.

The growing adoption of cloud-based applications and services is another key driver of the SD-WAN market. Cloud-based applications and services are often delivered over the public internet, which can be a bottleneck for traditional enterprise network architectures.

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Market Segments

The software defined wide area network market is segmented by component, deployment, end-user, and region. By component, the market is classified into solutions, and services. Based on deployment, it is bifurcated into on-premises, and cloud. On the basis of the end-user, it is divided into service providers, and verticals. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.

Key Players

The global software defined wide area network market includes players such as Cisco, VMware, Silver Peak, Oracle, Huawei, Aryaka Networks, Nokia, Infovista, Juniper, Fortinet, and others.

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With Global Insight Services, you receive:

• 10-year forecast to help you make strategic decisions
• In-depth segmentation which can be customized as per your requirements
• Free consultation with lead analyst of the report
• Excel data pack included with all report purchases
• Robust and transparent research methodology

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Global Insight Services LLC
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E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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