Software-Defined Wide Area Network (SD-WAN) Market to Witness an Outstanding Growth, projected to reach $15.1 billion by 2027

Global Software-Defined Wide Area Network (SD-WAN) Market is valued approximately at USD 1.4 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 34.5% over the forecast period 2020-2027. A Software-defined Wide Area Network (SD-WAN) uses a centralized control function to securely and intelligently direct traffic across the WAN that offers any combination of transport services including MPLS, LTE, and broadband internet services that connect users to applications. The SD-WAN is a virtual WAN architecture and delivers a high-quality user experience, resulting in increased business productivity, agility, and reduced costs for IT. The increasing number of cloud-based solutions, rising need for mobility services, and enterprises’ focus on reducing OPEX with SD-WAN are the factors responsible for the growth of the Software-Defined Wide Area Network (SD-WAN) Market over the forecast period.

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The bring your own device (BYOD) policies adopted by enterprises and rising adoption of SD-WAN in manufacturing due to rising IoT trends will further drive the market growth. Furthermore, the rising advancements and other strategic alliances by market key players will create a lucrative demand for this market. For instance: on 12th May 2020, Aryaka® Networks and T-Systems Switzerland agreed to a partnership and cooperation for the Swiss Business Enterprise Market. This partnership will strengthen the deployment of WAN Services and manages the quality levels of a traditional MPLS-based IP-VPN but combined with the flexibility of the newest SD-WAN Overlays. However, reliability issues in SD-WAN are the major factor restraining the growth of the global Software-Defined Wide Area Network (SD-WAN) market during the forecast period.

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Major market players included in this report are:
Cisco Systems, Inc.
Vmware Inc.
Silver Peak Systems
Aryaka
Nokia Corporation
Oracle Corporation
Huawei Technologies Co., Ltd.
Infovista
Citrix Systems, Inc.
Juniper Networks Inc.

By Component:
Solutions
Services

Deployment Mode:
On-Premises
Cloud

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By Organization Size:
Large Enterprises
Small and Medium-Sized Enterprises

By End-Users:
Service Providers
Verticals

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

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