Press release
Software-Defined Wide Area Network (SD-WAN) Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
Software-Defined Wide Area Network (SD-WAN)
The growing adoption of cloud-based solutions is projected to drive the growth of the software-defined wide area network (SD-WAN) market. Cloud-based solutions are increasingly favored for their scalability, cost-efficiency, and global accessibility. SD-WAN optimizes cloud services by improving traffic routing, integrating security features, reducing costs, and simplifying centralized management. For instance, Eurostat reported in December 2023 that 45.2% of EU enterprises adopted cloud services in 2023, marking a 4.2% increase from 2021. The rising use of cloud-based solutions is expected to drive the SD-WAN market's growth.
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What growth opportunities are expected to drive the software-defined wide area network (sd-wan) market's CAGR through 2034?
The software-defined wide area network (SD-WAN) market has grown exponentially in recent years. It will grow from $7.56 billion in 2024 to $10.25 billion in 2025, at a CAGR of 35.6%. The growth can be attributed to simplified network solutions, increasing demand for internet broadband, enterprises focusing on reducing operational costs, and greater adoption due to the rise of mobile workers.
The software-defined wide area network (SD-WAN) market is poised for exponential growth, reaching $34.34 billion by 2029 at a CAGR of 35.3%. The growth is fueled by the rise in cloud-based services, growing mobility service demands, increased smartphone usage, improved bandwidth efficiency, and robust infrastructure. Trends include advancements in technology, increased broadband demand, efforts to reduce operational expenses, AI integration, and a heightened focus on digital transformation.
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What are the emerging trends shaping the future of the software-defined wide area network (sd-wan) market?
Companies in the software-defined wide area network (SD-WAN) market are focusing on multi-tenant edge Secure SD-WAN solutions to improve security, performance, and scalability. These solutions enable multiple business units to share a single platform, optimizing network management at the edge. In October 2022, SITA, a Switzerland-based air transport tech company, partnered with Versa Networks to launch SITA Connect Go, a multi-tenant edge SD-WAN solution for the airline industry. This software-based solution offers scalable and agile connectivity for airlines, ground handlers, and tenants, enhancing multi-cloud adoption.
Which growth-oriented segments of the software-defined wide area network (sd-wan) market are leading the industry's development?
The software-defined wide area network (SD-WAN) market covered in this report is segmented -
1) By Component Type: Solutions, Services
2) By Deployment Mode: Premise, Cloud, Hybrid
3) By Organization Size: Large Enterprises, Small-Medium Enterprises
4) By End-User Industry: Healthcare, Banking And Financial Services, Retail And Consumer Services, Manufacturing, Transport And Logistics, Information Technology (IT) And Telecommunication (Telecom), Other End-User Industries
Subsegments:
1) By Solutions: SD-WAN Software, SD-WAN Appliances, SD-WAN Controllers, Security Solutions, Orchestration Solutions, Traffic Management And Optimization Solutions
2) By Services: Professional Services, Managed Services, Cloud Connectivity Services, Technical Support And Maintenance Services, Integration Services
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What regions are leading the charge in the software-defined wide area network (sd-wan) market?
North America was the largest region in the software-defined wide area network (SD-WAN) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the software-defined wide area network (SD-WAN) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the software-defined wide area network (sd-wan) market?
Major companies operating in the software-defined wide area network (SD-WAN) market are Dell Technologies Inc., Huawei Technologies Co. Ltd., Cisco Systems Inc., Oracle Corporation, Hewlett Packard Enterprise Development LP, Ericsson, Nokia Corporation, NEC Corporation, VMware Inc., Palo Alto Networks, Juniper Networks Inc., Fortinet Inc., Ciena Corporation, Citrix Systems Inc., Tata Communications, Forcepoint, Riverbed Technology, Cato Networks Ltd., Versa Networks Inc., Epsilon Telecommunications, Aryaka Networks Inc., FatPipe Networks Inc., Adaptiv Networks Inc., Silver Peak Systems Inc.
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What Is Covered In The Software-Defined Wide Area Network (SD-WAN) Global Market Report?
•Market Size Forecast: Examine the software-defined wide area network (sd-wan) market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the software-defined wide area network (sd-wan) market for a structured understanding.
•Key Players Overview: Analyze major players in the software-defined wide area network (sd-wan) market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the software-defined wide area network (sd-wan) market.
•Segment Contributions: Evaluate how different segments drive overall growth in the software-defined wide area network (sd-wan) market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the software-defined wide area network (sd-wan) market.
•Industry Challenges: Identify potential risks and obstacles affecting the software-defined wide area network (sd-wan) market.
•Competitive Landscape: Review strategic developments in the software-defined wide area network (sd-wan) market, including expansions, agreements, and new product launches.
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