SD-WAN (software-defined wide area network) is a software-defined technology platform that is built into wide area network connections such as 4G, LTE, and broadband internet. It can also connect the networks of a company's numerous branch offices and data centers across a large geographical region. It is widely in demand by businesses across various industry verticals due to its flexibility, openness, and cloud-based nature. Additionally, it has the potential to increase the operating performance of companies. The key market drivers of software defined wide area network market are, increasing number of cloud based solutions, growing need for mobility services.
MARKET DYNAMICS
The key market drivers for software-defined wide area network market are, increasing number of cloud based solutions, growing need for mobility services, rising companies focus on reducing operation expenditure with WAN software. Moreover, increasing need for higher operational efficiency by an enterprise is expected to fuel the market growth. Additionally, introduction of smart IoT tools in most of enterprises is expected to boost market growth. Whereas, trustworthiness issues in software WAN is expected to restrain market growth during the forecast period.
MARKET SCOPE
The "Global Software-defined Wide Area Network Market Analysis to 2028" is a specialized and in-depth study of the Software-defined wide area network Market with a special focus on the global market trend analysis. The report aims to provide an overview of Software-defined wide area network market with detailed market segmentation by component, deployment, organization size, end user. The global software-defined wide area network market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading software-defined wide area network market player and offers key trends and opportunities in the software-defined wide area network market.
MARKET SEGMENTATION
The global software-defined wide area network market is segmented on the basis of component, deployment, organization size, end user. On the basis of component the market is segmented as, solution and service. On the basis of deployment the market is bifurcated as, on-premise and cloud. On the basis of organization size the market is segmented as, large enterprise and SMEs. On the basis of end user the market is segmented as, service providers and verticals.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global software-defined wide area network market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The software-defined wide area network market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting software-defined wide area network Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the software-defined wide area network market in these regions.
MARKET PLAYERS
The reports cover key developments in the software-defined wide area network market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from software-defined wide area network market are anticipated to lucrative growth opportunities in the future with the rising demand for software-defined wide area network market. Below mentioned is the list of few companies engaged in the Software-defined wide area network market.
The report also includes the profiles of key software-defined wide area network market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- VMware
- Cisco
- Silver Peak
- Aryaka Networks
- Nokia
- Oracle
- Huawei
- Infovista
- Citrix
- Juniper
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.