Software Defined Wide Area Network Market | Contrive Datum Insights

The Software Defined Wide Area Network Market is projected to reach $18.2 billion by 2030, at a CAGR of 23% from 2022 to 2030.

Software Defined Wide Area Network Market Overview

The market is witnessing continuous growth over the past few years. A major factor contributing to the growth and expansion of the market is the growing demand for cost-effective network management. In this regard, SD-WAN (Software-Defined Wide Area Network) is succeeding in minimizing the Opex and Capex of organizations and improving the agility of WAN management, spurring market growth. In addition, demand for simplified network systems is accelerating in various industries, which has a positive impact on market growth. The advantages and effects of SD-WAN in improving WAN performance have led to an increase in demand, which in turn contributes to market growth.
In addition to the factors mentioned above, the increasing adoption of Software-Defined Wide Area Networks (SD-WAN) is fueling market growth as global enterprises are shifting from traditional WAN infrastructure to cloud-based solutions. Advances in cloud technology and the expansion of data-intensive applications are opening new avenues for the implementation of Software-Defined Wide Area Networks (SD-WANs).

Based on component type, the solutions segment dominated the market, accounting for a market share of 75.2% in 2020, with a CAGR of 26.7% during the forecast period. The factors driving the market dominance of the segment are a result of the effectiveness of software-defined wide area network (SD-WAN) solutions that connect devices and users directly to cloud data centers from various locations and ensure that the connectivity is optimized. and secured. Software-Defined Wide Area Network (SD-WAN) solutions are thus effective in meeting critical connectivity requirements, namely optimized networks, and security, contributing to market share in this segment. The service sector is projected to witness a high growth rate of 30.7% during the forecast period.

Contrive Datum Insights has recently published the Software Defined Wide Area Network Market to its huge database which helps to shape the future of businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static and dynamic aspects of the global Software Defined Wide Area Network market.

Some of the key players profiled in the study are:

Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: Cisco (US), Oracle (US), Hewlett Packard Enterprise (US), Nokia (Finland), VMware (US), Huawei (China), Juniper Networks (US), Fortinet (US), Citrix US), Ciena (US), Epsilon Telecommunications (Singapore), Palo Alto Networks (US), Riverbed Technology (US), Ericsson (Sweden), BT (UK), Colt Technology Services (UK), NEC Corporation (Japan), Tata Communications (India), Extreme Networks (US), Martello Technologies (Canada), Arelion (Sweden), Aryaka (US), Flexiwan (Israel), Cato Networks (Israel), Nour Global (UAE), Sencinet (Brazil), MCM Telecom (Mexico), InterNexa (Colombia), FatPipe Networks (US), Bigleaf Networks (US), Lavelle Networks (India), and others.

Industry Development:

• Cisco announced the completion of its acquisition of Viptela Inc., a privately held San Jose-based software-defined wide area network (SD-WAN) company. This acquisition aims to broaden Cisco's SD-WAN portfolio by delivering increased flexibility and simplicity via the cloud.
• VeloCloud, the market leader in cloud-delivered SD-WAN, was acquired by VMware. This allows enterprises and service providers to implement flexible and secure WAN connectivity.
• Aryaka Networks, a leading provider of SD-WAN technology, was acquired by HPE. This acquisition is considered to significantly strengthen HPE's position in the SD-WAN market.

What are the major Applications, Types, and Regions for the Software Defined Wide Area Network Market?

By Component:

• Solution

• Software
• Hardware
• Services
• Managed Services
• Professional Services

• Cloud
• On-premise

• SMEs
• Large Enterprises

By End-user Size:

• Service Providers
• Verticals
• IT & Telecom
• BFSI
• Manufacturing
• Retail
• Healthcare
• Government
• Transport & Logistics
• Energy & Utilities
• Others

Software Defined Wide Area Network Market Regional Insights:

The United States is expected to lead the global Software Defined Wide Area Network (SD-WAN) market at a CAGR of 8.1% during the forecast period.
The US Software Defined Wide Area Network (SD-WAN) market is expected to account for approximately $19 billion by 2030. New networking technology deployment plans, investments in advanced network infrastructure, skilled workforce presence, and increasing bandwidth requirements are driving the demand for software-defined wide-area networks (SD-WAN) in the region.
Long-term SD-WAN market trends indicate that the US market has provided the most business opportunities for SD-WAN market participants. The growth of retail in the United States has increased organizational complexity, and SD-WAN solutions can help alleviate it.
The UK market is expected to hold a software-defined wide area network (SD-WAN) market share of US$ 2.28 Billion by 2032.

Geographically, the global Software Defined Wide Area Network market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, the Middle East, and India. The global region is dominating this market in the upcoming future.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Software Defined Wide Area Network Market Report Scope:

Frequently Asked Questions (FAQ) about the Software Defined Wide Area Network market:

What is the CAGR of the global Software Defined Wide Area Network market?

The Software Defined Wide Area Network Market is growing at a CAGR of 23% during the forecast period.

Which region would offer high growth for vendors in the Software Defined Wide Area Network market?

The United States is expected to lead the global Software Defined Wide Area Network (SD-WAN) market at a CAGR of 8.1% during the forecast period.

Which Is the Most potential market segment?

By Types- Cloud, On-premise

By Applications - IT & Telecom, BFSI, Manufacturing, Retail, Healthcare, Government, Transport & Logistics, Energy & Utilities, Others

Which are the top industry players in the Software Defined Wide Area Network market?

Cisco (US), Oracle (US), Hewlett Packard Enterprise (US), Nokia (Finland), VMware (US), Huawei (China), Juniper Networks (US), Fortinet (US), Citrix US), Ciena (US), Epsilon Telecommunications (Singapore), Palo Alto Networks (US), Riverbed Technology (US), Ericsson (Sweden), BT (UK), Colt Technology Services (UK), NEC Corporation (Japan), Tata Communications (India), Extreme Networks (US), Martello Technologies (Canada), Arelion (Sweden), Aryaka (US), Flexiwan (Israel), Cato Networks (Israel), Nour Global (UAE), Sencinet (Brazil), MCM Telecom (Mexico), InterNexa (Colombia), FatPipe Networks (US), Bigleaf Networks (US), Lavelle Networks (India), and others.

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