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Software Defined Wide Area Network (SD WAN) Market 2020 Global Analysis, Key Players, Developments, Business Growth, Future Plans and Forecast 2025

Jul 20, 2020 8:46 PM ET
iCrowd Newswire – Jul 20, 2020

Market Research Future published a research report on “Software Defined Wide Area Network Market Research Report- Global Forecast to 2025” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2025.

Software Defined Wide Area Network Market – Overview

With the advent of technology, Software Defined Wide Area Network (SD-WAN) are witnessing a rapid revolutionary trend in last few years. Surging need for high speed connectivity and rising awareness for IoT for commercial purposes have created huge impact in the communication sector. Globally, the Software-Defined-Wide-Area-Network market is presumed to have a significant growth over the forecast period. The major driving factors for the growth of the market include increasing need for mobility services, effective management of complex network, and need of security solutions. On the other side, lack of standardization for security solutions may hamper the growth of the market.

Global Software Defined-Wide Area Network Market is expected to expand at 45.3% CAGR, with USD 20,314.0 Billion by 2025.

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Software-Defined-Wide-Area-Network Market Global Market – Segmentation

  • Segmentation by Component: Virtual appliance, Physical appliance, and Hybrid.
  • Segmentation by Deployment: On-Cloud and on-Premises.
  • Segmentation by Services: Managed services, and Professional services
  • Segmentation by Application: Banking, Financial Services and Insurance (BFSI), Retail, Healthcare, Government, IT & Telecom, Manufacturing, and Others (Oil & Gas and Mining & Transportation).
  • Segmentation by Region: North America, Europe, Asia Pacific, and the Rest of the World

Key Players:

Some of the major players in Global Software Defined Wide Area Network Market includes Cisco Systems (U.S.), VeloCloud Inc. (U.S.), Versa Networks (U.S.), Cloudgenix Inc. (U.S.), CenturyLink, Inc. (U.S.), Silver Peak (U.S.), Talari Networks (U.S.), Viptela (), Nuage Networks (U.S.), and Ecessa Corporation (U.S.) among others.

Software-Defined-Wide-Area-Network Market Global Market – Regional Analysis

Geographically, the Software-Defined-Wide-Area-Network market are categorized into four regions namely North America, Europe, Asia Pacific, and Rest of the World.

North America is expected to dominate the global Software-Defined-Wide-Area-Network market with the largest market share in the region. The U.S and Canada are the leading countries are leading countries in the region. The market growth is due to increase in need for bandwidth requirements and rising demand for highly efficient networking architecture. Asia Pacific is considered to be the fastest growing region in the Software-Defined-Wide-Area-Network. China, Taiwan, South Korea, Japan, India are leading countries in the region. The market growth is attributed to rising implementation of SD-WAN which include the surging need to central network management and lowering the administrating and operating cost.

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Target Audience:

  • Application development service providers
  • Network providers
  • Training & education sector
  • Data integration service providers
  • Corporate
  • Government

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