Global Wide Area Network (WAN) Optimization Market, By Deployment Type (Cloud, On-Premises), Component (Solution, Services), Organization Size (Small and Medium Enterprises, Large Enterprises), End-Users (Financial Services, IT and Telecommunication, Healthcare, Government, Media and Entertainment, Energy, Retail, Manufacturing, Others), 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 Wide Area Network (WAN) Optimization Market
The global wide area network (WAN) optimization market will reach at an estimated value of USD 1.65 billion and grow at a CAGR of 6.50% in the forecast period of 2021 to 2028. Increase in the need to ensure users’ quality of experience and productivity is an essential factor driving the wide area network (WAN) optimization market.
WAN optimization is defined as the type of techniques that are used for increasing data-transfer efficiencies across wide-area networks (WAN) and it also helps to increase the efficiency between the two data point over the networks.
Increase in the number of data centres and branch offices is a crucial factor accelerating the market growth, also increase in cloud-based WAN optimization solution, rise in the demand for solutions that help businesses to efficiently monitor and manage data centre networks, rise in the adoption of cloud and virtual WAN optimization controllers and increase in number of branch offices and data centre are the major factors among others boosting the wide area network (WAN) optimization market. Moreover, rise in the WAN optimization for cloud technology, increase in the hybrid WAN solution for enterprises and rise in the research and development activities in the market will further create new opportunities for wide area network (WAN) optimization market in the forecast period mentioned above.
However, latency of network for video content and VoIP is the major factor among others restraining the market growth, while high capital and operational expenditure for WAN optimization solution and rise in the availability of low-cost bandwidth will further challenge the wide area network (WAN) optimization market in the forecast period mentioned above.
This wide area network (WAN) optimization market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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 the wide area network (WAN) optimization market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Wide Area Network (WAN) Optimization Market Scope and Market Size
The wide area network (WAN) optimization market is segmented on the basis of deployment type, component, organization size and end-users. The growth among segments helps you analyse 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 deployment type, wide area network (WAN) optimization market is segmented into cloud and on-premises.
- Based on component, the wide area network (WAN) optimization market is segmented into solution and services. Solution has been further segmented into traditional WAN and SD-WAN. Services have been further segmented into professional and managed.
- Based on organization size, the wide area network (WAN) optimization market is segmented into small and medium enterprises and large enterprises.
- The wide area network (WAN) optimization market is also segmented on the basis of end-users into financial services, IT and telecommunication, healthcare, government, media and entertainment, energy, retail, manufacturing and others.
Wide Area Network (WAN) Optimization Market Scope Country Level Analysis
The wide area network (WAN) optimization market is analysed and market size, volume information is provided by country, deployment type, component, organization size and end-users as referenced above.
The countries covered in the wide area network (WAN) optimization market report are 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 wide area network (WAN) optimization market due to rise in the need for network monitoring solutions in the wake of increasing technology adoption across industry verticals, such as banking, telecom, and healthcare, increase in cloud-based WAN optimization solution and rise in the demand for solutions that help businesses to efficiently monitor and manage data centre networks in this region. Asia-Pacific is the expected region in terms of growth in wide area network (WAN) optimization market due to rise in the adoption of cloud-based WAN optimization solutions among enterprises in this region.
The country section of the wide area network (WAN) optimization market 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 Wide Area Network (WAN) Optimization Market Share Analysis
The wide area network (WAN) optimization 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 wide area network (WAN) optimization market.
The major players covered in wide area network (WAN) optimization market report are Cisco Systems, Hewlett Packard Enterprise Development LP, Riverbed Technology, Citrix Systems, Inc., Fortinet, Inc., VMware, Inc., Broadcom, FatPipe Networks Inc., versa networks, ink, GFI Software, Blue Coat Systems, Infovista, NTT Communications Corporation, ARYAKA NETWORKS, INC, Circadence, Array Networks, Inc. and SANGFOR TECHNOLOGIES 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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