Global Software Defined-Wide Area Network Market, By Component (Solutions, Services), Technology Service (Managed Services, Professional Services), Network Type (Multiprotocol Label Switching, Broadband, Long-Term Evolution, Hybrid), Deployment Type (On-Premises, Cloud), End Users (Service Providers, Enterprises), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Software Defined-Wide Area Network Market
The software defined-wide area network market is expected to witness market growth at a rate of 39.9% in the forecast period of 2021 to 2028. Data Bridge Market Research report on software defined-wide area network market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand from various businesses globally is escalating the growth of software defined-wide area network market.
Software-defined wide area network, also known as SD-WAN, refers to a network that is abstracted from its hardware, creating virtualized overlay. The network is known to enable enterprise to leverage any combination of transport services such as MPLS and LTE broadband internet services connecting users to applications. It also connects various branch locations to a central hub office and multiple locations in a large campus.
The rise in the number of cloud-based solutions across the globe acts as one of the major factors driving the growth of software defined-wide area network market. The increase in the adoption of the network allows businesses to partially or wholly replace more expensive private WAN connection technologies such as MPLS, and surge in need for mobility services accelerates the market growth. Enterprises’ focus on reducing OPEX with SD-WAN and rise in demand for the solution as it helps companies in extending their computer networks over large distances, to connect remote branch offices to data centers, and each other further influence the market. Additionally, high demand for advanced services, digitization and urbanization, high Bandwidth requirements, and increase in need for reducing overall IT cost positively affect the software defined-wide area network market. Furthermore, digital transformation across organizations and rise in network traffic extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
- On the other hand, reliability issues in SD-WAN are expected to obstruct the market growth. Concerns over SD-WAN security are projected to challenge the software defined-wide area network market in the forecast period of 2021-2028.
This software defined-wide area network market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on software defined-wide area network market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Software Defined-Wide Area Network Market Scope and Market Size
The software defined-wide area network market is segmented on the basis of component, technology service, network type, deployment type and end-users. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of service, the software defined-wide area network market is segmented into solutions and services. Solutions are further segmented into Software and Appliances. Services are further segmented into consulting, implementation and training and support.
- On the basis of technology service, the software defined-wide area network market is segmented into managed services and professional services.
- On the basis of network type, the software defined-wide area network market is segmented into multiprotocol label switching, broadband, long-term evolution, and hybrid.
- On the basis of deployment type, the software defined-wide area network market is segmented into on-premises and cloud.
- On the basis of end users, the software defined-wide area network market is segmented into service providers and enterprises. Service providers are further segmented into retail, BFSI, manufacturing, healthcare, transportation and logistics, energy and utilities, government, and others.
Global Software Defined-Wide Area Network Market Country Level Analysis
The software defined-wide area network market is analyzed, and market size, volume information is provided by country, component, technology service, network type, deployment type and end-users as referenced above.
The countries covered in the software defined-wide area network market report are the U.S., Canada, and Mexico in North America, Brazil, Argentina, and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the software defined-wide area network market due to the increase in the need for mobility services within the region. Asia-Pacific is expected to witness high growth during the forecast period of 2021 to 2028 because of the increase in the demand and adoption of cloud-based SD-WAN in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Software Defined-Wide Area Network Market Share Analysis
The software defined-wide area network market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to software defined-wide area network market.
The major players covered in the software defined-wide area network market report are Cisco, FatPipe Networks Inc., Cradlepoint Inc., Citrix Systems Inc., Silver Peak Inc., Infovista, ARYAKA NETWORKS INC., Mushroom Networks Inc., Elfiq Networks, Gluware, Oracle, CloudGenix Inc., VMware Inc., ECESSA, Nokia, Huawei Technologies Co Ltd., Juniper Networks Inc., Dell, Arista Networks Inc., Cumulus Networks, NEC Enterprise Solutions, and Hewlett Packard Enterprise Development LP, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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