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  • 14 August 2019 21:18

Software-Defined Wide Area Network (SD-WAN) Market Technology Advances and Insights

The industry growth is driven by the extensive adoption of SD-WAN solutions, which will unburden the organization with an expensive legacy infrastructure maintenance. The traditional WAN infrastructure relied on expensive hardware appliances to provide connectivity to remote locations. By deploying SD-WAN solutions, organizations can reduce those expenses.

Another factor accelerating software-defined wide area network market growth is the increased adoption of cloud-based platforms. The solutions help enterprises to connect remote users and devices directly to the cloud and ensure that the connections are secured. These solutions enable them to reduce the network complexities of managing dynamic workload and provide improved network visibility.

Furthermore, the penetration of smart IoT devices in various business verticals, including healthcare, manufacturing, telecom, and retail has increased the network complexities and security risks. SD-WAN solutions help to address the complexities of the IoT infrastructure and also improve the network visibility for managing connected devices to reduce security risks. The penetration of AI-enabled SD-WAN solutions will also contribute toward software-defined wide area network market growth. Machine learning algorithms are widely used for WAN optimization, enabling network administrators to analyze the WAN traffic and automatically reroute the traffic for the selected connection.

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Software segment to record a higher growth rate during the forecast period

In the SD-WAN Market by solutions, the software segment is expected to record a higher growth rate during the forecast period. With technology advancements, end-user's network is driven by software models. SD-WAN software provides scalability, flexibility, and agility in the network. SDN controllers deliver a centralized management to enterprises and in turn improve the overall network efficiency. Currently, the software segment is driving the global SD-WAN Market.

Among end users, the service providers segment to grow at a higher CAGR during the forecast period

In the SD-WAN Market by end user, the service providers segment is expected to grow at a higher CAGR during the forecast period. Currently, the SD-WAN Market is emerging and expected to grow during the forecast period. In the present scenario, service providers are partnering with pure play SD-WAN vendors to provide SD-WAN as managed service to the enterprises. Hence, Communication Service Providers (CSPs) and Managed Service Providers (MSPs) are adopting SD-WAN solutions.

North America to hold the largest market size during the forecast period

North America is expected to hold the largest market size in the global SD-WAN Market during the forecast period. The US has emerged as the largest country for SD-WAN in terms of market size, due to the large-scale implementation of SD-WAN solutions by service providers and enterprises in the country. The US is home to large CSPs, such as AT&T, Sprint, T-Mobile, CenturyLink, and Verizon. In addition, verticals such as finance, retail, manufacturing, and healthcare are implementing SD-WAN solutions in their core network to reduce CAPEX and streamline network operations.

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.

Market Segmentation

By Component: Solution and Service

By Deployment Model: On-premise, Cloud, Hybrid

By Application: IT & Telecom, BFSI, Healthcare, Retail & Consumer Goods, Government, Manufacturing

By Geography: North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

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