Global Software-Defined Wide Area Network (SD-WAN) Market By Network Type (Multiprotocol Label Switching, Broadband, Long-Term Evolution, Hybrid), Component (Solutions, Services), Technology Service (Managed Services, Professional Services), Deployment Type (On-Premises, Cloud), End Users (Service Providers, Enterprises), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Global software-defined wide area network (SD-WAN) market is set to witness a healthy CAGR of 48.23% in the forecast period of 2019 to 2026. The report contains data of the base year 2018 and historic year 2017. Few of the major competitors currently working in global software-defined wide area network (SD-WAN) market are Cisco Systems Inc., FatPipe Networks Inc., Cradlepoint Inc., Citrix Systems Inc., Silver Peak Inc., Infovista, ARYAKA NETWORKS INC.,
Software-Defined Wide Area Network market research report consists of fundamental, secondary and advanced information allied to the global status and trend, market size, sales volume, market share, growth, future trends analysis, segment and forecasts from 2019 – 2026. This report conducts study of market drivers, market restraints, opportunities and challenges underneath market overview which provides valuable insights to businesses for taking right moves. Moreover, the Software-Defined Wide Area Network report endows with the data and information for actionable, most recent and real-time market insights which make it uncomplicated to take critical business decisions. Market research analysis lends a hand to businesses for the planning of production, product launches, costing, inventory, purchasing and marketing strategies.
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Software-defined wide area network (SD-WAN) is an application of software defined technology which is integrated in the wide area network connections such as 4G, LTE and broadband internet. It can also connect the networks of various branch offices and data centers of enterprise over a wide geographic area. It is widely in the demand by the enterprises across various industry verticals as it is flexible, open and a cloud based technology. Along with that, it is capable of increasing the operational efficiency of the enterprises.
Market Drivers:
- Surging number of cloud based solutions is driving the growth of the market
- Increasing need for mobility services is boosting the growth of the market
- Companies concentrates on minimizing the operational expenditure with software defined WAN is fueling the growth of the market
- Surging needs for achieving high operational efficiency by the enterprises is contributing to the growth of the market
- Increasing usage for many devices such as smartphones, tablets and notebooks is propelling the growth of the market
- Penetration of smart IoT devices across various enterprise verticals is driving the growth of the market
Market Restraints:
- The trustworthiness in software defined WAN is restricting the growth of the market
- The unwillingness of enterprises to transit from the legacy traditional WAN is hampering the growth of the market
Top Key Players: Global Software-Defined Wide Area Network (SD-WAN) Market
Elfiq Networks, Gluware, Oracle, CloudGenix Inc., VMware Inc., ECESSA, Nokia, Huawei Technologies Co Ltd.,Mushroom Networks Inc., Juniper Networks Inc., Dell, Arista Networks Inc., Cumulus Networks, NEC Enterprise Solutions and Hewlett Packard Enterprise Development LP among others.
Competitive Analysis
Global software-defined wide area network (SD-WAN) market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of software-defined wide area network (SD-WAN) market for Global, Europe, North America, Asia Pacific, South America and Middle East and Africa.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
Table of Contents:
- Executive Summary
- Scope/opportunities of the Report
- Research Methodology
- Market Landscape
- Pipeline Analysis
- Market Sizing
- Porter’s Five Forces Analysis
- Market Segmentation
More…………..
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Key focus of the report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward-looking perspective on different factors driving or restraining market growth
- It provides five-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
Focal point of the report
- To gain insights of the Changing market dynamics of the industry
- Major players and brands
- Historical and current market size and projection up to 2026.
- It provides five-year forecast assessed on the basis of how the market is predicted to grow
- Strategies of key players and product offerings
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Insights in the report
- Strategic recommendations in key business sections in light of the market estimations.
- Market share and size of all the foremost industry players.
- The key findings and recommendations highlight crucial progressive industry trends in the Software-Defined Wide Area Network (SD-WAN) Market, thereby allowing players to develop effective long term strategies
- Drivers and restrains of the market
- Historical and current market size and projection up to 2026.
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