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Software-Defined Wide Area Network (SD-WAN) Market Analysis and Forecast 2023-2030

08-21-2023 04:11 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

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

The Global Software-Defined Wide Area Network (SD-WAN) Market is expected to grow at a significant CAGR during the forecast period. A software-defined wide area network is a network that separates from its hardware, and is created in a virtualized overlay. SD-WAN also enables the organization to make use of any combination of transport services, such as LTE broadband internet and MPLS services, to securely connect users to applications. SD-WAN also connect various branch offices to a central hub office and cover multiple locations on a big campus. It also uses centralized control to safely and intelligently direct traffic across the wide-area network. This improves application speed while simultaneously providing a high-quality user experience, resulting in greater company productivity, lower IT costs, and agility. The software-defined wide area network provides benefits such as reduced costs, enhanced application performance, optimized user efficiency, and simpler operations through automation and cloud-based management.

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The growing demand for enterprise mobility has resulted in the increased use of mobile personal devices such as cell phones, laptop computers, and tablets to access corporate networks. The existing IT infrastructure is under pressure to set up these devices robustly, while adhering to compliance requirements and regulations. The development of such massive mobile databases requires parallel processing across multiple servers and seamless connectivity. As a result, there is a constant demand for increased network capacity and more advanced network solutions. Rising demand for mobility services will drive the Software-Defined Wide Area Network (SD-WAN) market growth globally.

In May 2020,- the Swiss business enterprise market, Aryaka collaborated with T-Systems Switzerland (a part of Deutsche Telekom's large-business sector). T-Systems Switzerland will use the Aryaka SD-WAN solution for its clients in Metropolitan Area Network, Managed LAN, Unified Communications (UCC), and Network Security Services.

Market Coverage

The market number available for - 2020-2027
Base year- 2020
Forecast period- 2021-2027
Segment Covered-
o By Component Type

o By Network Type

o By Development

o By Organizational size

o By End-users

Competitive Landscape- Aryaka Networks, Nokia, Adaptive Networks, Peplink, Lavelle Networks, and Martello Technologies, among others.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominates the market in base year?
Which segment and region will project fastest growth in the market?
How COVID-19 impacted the market?
o Recovery Timeline

o Deviation from pre-COVID forecast

o Most affected region and segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global SD-WAN Market Segmentation

By Component Type

Solution
Services

By Network Type

Multiprotocol Label Switching
Broadband
Long-Term Evolution
Hybrid

By Deployment Mode

Cloud
On-Premise

By Organization Size

Large Enterprises
Small and Medium-Sized Enterprises

By End-User

Service Providers
Verticals

A full report of Software-Defined Wide Area Network (SD-WAN) Market is available at: https://www.omrglobal.com/industry-reports/software-defined-wide-area-network-sd-wan-market

Software-Defined Wide Area Network (SD-WAN) Market- Segment by Region

North America

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

Company Profiles

Aryaka Networks
Nokia
Adaptive Networks
Peplink
Lavelle Networks
Martello Technologies

Reasons to Buying From us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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