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Software Defined Wide Area Network (SD-WAN) marketing report provides the segmentation of the global market on the basis of technology, application, product, and region. Each segment is explained through a chapter, which has been worded with careful thought to the ever-changing market dynamics. This market research report also comprises a chapter on companies, which includes their profiles. This chapter details the progress made by the companies so far and their expansion plans for the near future. The winning Software Defined Wide Area Network (SD-WAN) market report performs thorough analysis of the potential of the market in the present and the future prospects from various angles.
Software Defined Wide Area Network (SD-WAN) Market business report is the key. This market analysis report strategically analyses the growth trends and future prospects. Besides, it endows with the company profile, product specifications, production value, contact information of manufacturer and market shares for company. The report gives details about the emerging trends along with key drivers, challenges and opportunities in the industry. Moreover, Software Defined Wide Area Network (SD-WAN) market report also provides strategic profiling of top players in the industry, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
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Data Bridge Market Research analyses that the software-defined wide area network (SD-WAN) market is expected to reach USD 33.77 billion by 2030, which is USD 3.80 billion in 2022, at a CAGR of 31.40% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Product definition”
Software-defined wide area network (SD-WAN) mainly opens numerous options for the enterprises so as to establish their network. The Software-defined wide area network (SD-WAN) makes it possible to perform flow related complex algorithms to the hardware components of a network. It also provides huge potential for organizations which have significant network traffic and numerous locations.
Recent Development
Some of the major players operating global Software Defined Wide Area Network (SD-WAN) market are
Key Market Segments Covered in Software Defined Wide Area Network (SD-WAN) Market Industry Research
Component
Network Type
Deployment Mode
Organization Size
End User
Software-Defined Wide Area Network (SD-WAN) Market Regional Analysis/Insights
The software-defined wide area network (SD-WAN) market is analyzed and market size insights and trends are provided by country, component, network type, deployment mode, organization size and end user as referenced above.
The countries covered in the software-defined wide area network (SD-WAN) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the software-defined wide area network (SD-WAN) market in terms of revenue and market share owing to the increase in the smartphone penetration in this region. Furthermore, rise in the investments in broadband infrastructure and high adoption of cloud computing platforms will further boost market in this region.
Asia-Pacific will continue to project the highest compound annual growth rate during the forecast period of 2023-2030 due to the high adoption of automation technologies such as artificial intelligence (AI) and Internet of Things (IoT) and rise in the investments for infrastructure modernization.
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How does this Software Defined Wide Area Network (SD-WAN) Market Insights Help?
Drivers
Software-defined wide area network (SD-WAN) monitors the performance of all the WAN connections and manages all traffic. This is also ensuring optimizing and high-speed connectivity of all the networks. As per the published report by Palo Alto Networks, 60% of a cybersecurity companies are projected to implement SD-WAN to increase support and agility for cloud applications by 2024. The adoption of software-defined wide area network (SD-WAN) is growing owing to its ability improve the overall user experience and to decrease costs.
The usage of artificial intelligence in IT processes such as configuration management and root cause analysis (RCA), is growing. Artificial intelligence in IT in SD-WAN solutions enables the automation of essential tasks such as fault check, isolation, incident prediction, remediation, trend analysis and efficient use of bandwidth. The growing usage of advanced technology will lead to the growth of the software-defined wide area network market. During the forecast period
Opportunities
The increasing adoption of software-defined wide area network (SD-WAN) will create immense opportunities for the growth of the market. HashiCorp, Inc., a multi-cloud infrastructure automation software provider, published its 2022 State of Cloud Strategy Survey in August 2022. According to this survey, around 87 percent of respondents from all over the globe stated that they trust on the cloud platforms for integrated operations in their enterprises. As more and more enterprises adopt for the cloud and also subscribe to software-as-a-service (SaaS) because they advantage by accessing numerous applications through the cloud. As a result of this, traditional wide area network (WAN) is insufficient for organizations. Hence they are choosing SD-WAN to increase their business productivity, network management and customer satisfaction and, eventually, to increase profitability and propel the market’s growth.
Restraints
The numerous reliability issues associated with software-defined wide area network (SD-WAN) and increase in the issues associated to operation of a hybrid networks are anticipated to act as restraint for the growth of market during the forecast period, while the increase in the concerns related to data security and lack of in-house expertise can challenge the market growth in the forecast period of 2023 to 2030.
This software-defined wide area network (SD-WAN) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the software-defined wide area network (SD-WAN) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
TABLE OF CONTENTS
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