Software Defined Wide Area Network (SD-WAN) Market to represent a significant expansion at 31.40% CAGR by 2029

Software Defined Wide Area Network (SD-WAN) Market research report provides a comprehensive analysis of the current state of the global market, taking into account various market dynamics. It has been created by systematically gathering market information for the industry. This report is a detailed and professional study that focuses on primary and secondary drivers, market share, leading segments, and geographical analysis. Businesses today opt for market research report solutions like the Software Defined Wide Area Network (SD-WAN) Market report because they assist in making informed decisions and generating more revenue. The Software Defined Wide Area Network (SD-WAN) Market report is an essential tool for increasing business activities, conducting qualitative work, and enhancing profits.

 Data Bridge Market Research analyses that the software-defined wide area network (SD-WAN) market is expected to reach USD 33.77 billion by 2030, which is USD 3.80 billion in 2022, at a CAGR of 31.40% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Browse Detailed Summary of Research Report @ https://www.databridgemarketresearch.com/reports/global-software-defined-wide-area-network-sd-wan-market

Product definition

Software-defined wide area network (SD-WAN) mainly opens numerous options for the enterprises so as to establish their network. The Software-defined wide area network (SD-WAN) makes it possible to perform flow related complex algorithms to the hardware components of a network. It also provides huge potential for organizations which have significant network traffic and numerous locations.

Recent Development

In 2022, IBM Corporations has collaborated with Colt Technology Services. Through this collaboration, the companies has launched a new Industry 4.0 lab in the United Kingdom. With this partnership, Colt Technology Services will offer its cloud SD-WAN technology and Colt Edge computing platform, while IBM will contribute its cloud satellite hybrid cloud and axiom application suite.

Some of the major players operating global Software Defined Wide Area Network (SD-WAN) market are

Dell Inc (U.S.)
Cisco Systems, Inc.(U.S.)
VMware, Inc. (U.S.)
Juniper Networks, Inc. (U.S.)
Nokia (Finland)
Hewlett Packard Enterprise Development LP (U.S.)
Tata Communications (India)
Huawei Technologies Co., Ltd. (China)
Fortinet Inc. (U.S.)
Telefonaktiebolaget LM Ericsson (Sweden)
NEC Corporation (Japan)
Oracle (U.S.)
Adaptiv Networks Inc. (Canada)
Riverbed Technology (U.S.)
ARYAKA NETWORKS,INC. (U.S.)
Citrix Systems, Inc. (U.S.)
FatPipe Networks Inc (Australia)
Infovista (France)
Forcepoint (U.S.)

Key Market Segments Covered in Software Defined Wide Area Network (SD-WAN) Market Industry Research

Component

Solution
Services

 Network Type

Multiprotocol Label Switching
Broadband
Long-Term Evolution
Hybrid

Deployment Mode

Cloud
On-Premise

 Organization Size

Large Enterprises
Small and Medium-Sized Enterprises

 End User

Communication Service Providers
Data Centers
Enterprises

Software-Defined Wide Area Network (SD-WAN) Market Regional Analysis/Insights

The software-defined wide area network (SD-WAN) market is analyzed and market size insights and trends are provided by country, component, network type, deployment mode, organization size and end user as referenced above.

The countries covered in the software-defined wide area network (SD-WAN) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the software-defined wide area network (SD-WAN) market in terms of revenue and market share owing to the increase in the smartphone penetration in this region. Furthermore, rise in the investments in broadband infrastructure and high adoption of cloud computing platforms will further boost market in this region. 

Asia-Pacific will continue to project the highest compound annual growth rate during the forecast period of 2023-2030 due to the high adoption of automation technologies such as artificial intelligence (AI) and Internet of Things (IoT) and rise in the investments for infrastructure modernization.

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