The Global Software-Defined Wide Area Network (SD-WAN) Market is projected to reach a value of over USD 14.8 billion by 2027 at a CAGR of around 39.9%.
Software-Defined Wide Area Network is a software technology applied to wide area network connection such as 4G, broadband Internet, Long Term Evolution (LTE) and Multiprotocol Label Switching (MPLS). It is also used for ease of deployment, reduce cost and to central management, and can also enhance the connectivity of organization and the cloud. Moreover, the network follows configured policies to automatically determine the most effective way to route application traffic between the branch office and data center sites.
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Market Driver:
Rising demand for cloud-based applications empowers the new way of business which is one of the key drivers for the software-defined wide area network market. It helps to enhance the organization's workforce by simplifying the operational process and to generate revenues. Also, it is used to manage a secure WAN over the physical connectivity from the sites. Moreover, it improves the configuration for the sites and applications. Furthermore, the network can transfer the data directly from the office to the cloud which is the direct and fast route for the transfer of data.
Hence, the rising demand for cloud-based applications helps to enhance the demand for the market in the forecast period.
Increasing growth for artificial intelligence and machine learning enhances the smart network technologies for smart applications which will lead to an increase in the growth of the market. It helps to increase the demand for software applications such as chatbots. Moreover, it provides services for cost-efficient and to increase the quality of business investing. Also, AI and Machine Learning benefit the delivery of smart networks and for enhancing the performance of the application. Furthermore, machine learning also helps to recognize Voice over Internet Protocol (VoIP) traffic.
This trend can also operate for optimizing the existing identification system and to improve the quality of services is expected to continue in the forecast period, which is anticipated to drive the software-defined wide area network (SD-WAN) market during the forecast period.
Market Challenges:
Operation processes and tools are challenging factors for the growth of the market as SD-WAN doesn’t fit one size of approach which may lead to hinder the growth in the forecast period. Also, process management is one of the major issues for the large scale environment which is used to control the customer experience. Moreover, for every solution, there may be a need to make significant tooling investments to integrate and also for monitoring the performance managements which may challenge the market growth.
The report on the software-defined wide area network (SD-WAN) Market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
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Report Features |
Specifics |
|---|---|
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Historical/Estimated/Forecasted Market Size Years |
2018-2027 |
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Base Year for Market Calculation |
2019 |
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Forecasted Period |
2020-2027 (2020 estimated year, forecasted up to 2027) |
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Measured Units |
Value (USD Million) |
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Segments Included |
Component, Deployment Mode, End-users, and Region |
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Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South Africa |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Software-Defined Wide Area Network (SD-WAN) Market, by Deployment Mode
Software-Defined Wide Area Network (SD-WAN) Market, by Component
Software-Defined Wide Area Network (SD-WAN) Market, by End-User
Software-Defined Wide Area Network (SD-WAN) Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE SOFTWARE-DEFINED WIDE AREA NETWORK (SD-WAN) MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY
