Wide area network (WAN) covers up huge geographical part as compared with the local area network (LAN). Public network including a telephone system is used for connectivity by WAN. Software defined WAN offers various options to organizations in order to build up their network. In the network hardware devices are controlled with the help of software-defined wide area network. SDWAN helps to execute complex algorithms to the hardware components of a network. It also provides massive potential for organizations with significant network traffic and multiple locations. Automation technologies are mainly used for reducing the complexity of the overall method and routing data traffic. Ever increasing adoption of cloud technology has resulted in large data arsenal. Cloud technology needs high bandwidth in large area network. Software-defined wide area network helps in recovering the bandwidth as per the need of cloud technology. The report provides analysis of global Software-Defined Wide Area Network market for the period 2016-2026, wherein 2018 to 2026 is the forecast period and 2017 is considered as the base year. According to Acumen Research and Consulting, the global software-defined wide area network market is expected to grow at significant CAGR around 58% throughout the forecast period.
Intensifying need to reduce the complexity of WAN infrastructure, rise in popularity of Bring Your Own Device (BYOD), growing adoption of IoT, acceleration of the mobile data traffic and increasing adoption of network virtualization technology are some of the primary factors that are boosting the software-defined wide area network (SD-WAN) market growth globally. The growing need to reduce the complexity of WAN infrastructure among various organizations is major factor driving the growth of the software-defined wide area network (SD-WAN) market. Rising popularity of multiple trends including the IoT and Bring Your Own Device (BYOD) has amplified the complexity of enterprise network. The increasing adoption of network virtualization technology, in order to scale the networking infrastructure by using cloud computing is anticipated to create various opportunities for the global market. Growing advancements in the wireless communication infrastructure, continuous improvement of product designing and escalating demand of software-defined wide area network are some of the fundamental factors boosting the growth of the global market. Growth is the increasing popularity of 5G networks is another factor that positively influencing the growth of the global market. Security concerns may restrict the growth of the global market.
Software-Defined Wide Area Network Market, By Component:
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Global Software-Defined Wide Area Network Market, by Geography
The market research study on “Software-Defined Wide Area Network (SD-WAN) Market (By Component: Solution [Physical Appliance, Virtual Appliance], Service [Training & Consulting, Integration & Maintenance, Managed Service]; By Deployment Model: On-premise, Cloud, Hybrid; By Application: IT & Telecom, BFSI, Healthcare, Retail & Consumer Goods, Government, Manufacturing) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026” offers a detailed insights on global software-defined wide area network market segments with market dynamics and their impact. The report provides insights on global software-defined wide area network market by component, deployment model, application and major geographic regions. The report also covers basic technology development policies.
The global Software-Defined Wide Area Network market is characterized by the presence of experienced and established players. Some of the key players include Cisco Systems, Inc., Aryaka Networks, Inc., Berkshire Partners LLC (Masergy Communications), Barracuda Networks, Inc., Citrix Systems, Inc., Ecessa Corporation, CloudGenix Inc., Cato Networks, FatPipe Networks Inc., Infovista, Oracle Corporation, Elfiq Networks, Huawei Technologies Co., Ltd., Silver Peak, Nuage Networks, Riverbed Technology, Inc., Versa Networks, Vmware, Peplink, Inc. and ZTE Corporation.