COVID19:Global Software-Defined Wide Area Network (SD-WAN) Market is projected to reach a value of over USD 14.8 billion by 2027

SOFTWARE-DEFINED WIDE AREA NETWORK (SD-WAN) MARKET: Summary

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.

SOFTWARE-DEFINED WIDE AREA NETWORK (SD-WAN) MARKET: Drivers & CHALLENGES

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.

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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.

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Software-Defined Wide Area Network (SD-WAN) Market: Key segments

Software-Defined Wide Area Network (SD-WAN) Market: Report SCOPE

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.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2018–2027

Base Year for Market Calculation

2019

Forecasted Period

2020–2027 (2020 estimated year, forecasted up to 2027)

Measured Units

Value (USD Million)

Segments Included

Component, Deployment Mode, End-users, and Region

Regional Coverage

North America, Asia-Pacific, Europe, Middle East & Africa, South Africa

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KEY Companies Covered

Software-Defined Wide Area Network (SD-WAN) Market: report segmentation

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

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Software-Defined Wide Area Network (SD-WAN) Market, by Region

Key Questions answered by the report

Table of Content

1 Introduction

2 Research Design & Scope

3 Executive Summary

4 Market Dynamics

5 Industry Trends — Porters Five Forces Analysis

6 GLOBAL SOFTWARE-DEFINED WIDE AREA NETWORK (SD-WAN) MARKET BY COMPONENT, Market Size in USD Million (2019–2027)

7 GLOBAL SOFTWARE-DEFINED WIDE AREA NETWORK (SD-WAN) MARKET BY DEPLOYMENT MODE, Market Size in USD Million (2019–2027)

8 GLOBAL SOFTWARE-DEFINED WIDE AREA NETWORK (SD-WAN) MARKET BY END-USER, Market Size in USD Million (2019–2027)

9GLOBAL SOFTWARE-DEFINED WIDE AREA NETWORK (SD-WAN) MARKET BY REGION, Market Size in USD Million (2019–2027)

10 Competitive Landscape

11 Company Profiles

12 Appendix

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