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Latin America Software Defined Wide Area Network Market 2013-2018 & 2023 - Rising Adoption of Cloud-Based Applications and Need for Simplified Enterprise Network ManagementDUBLIN, Feb. 13, 2019 /PRNewswire/ -- The "Latin America Software Defined Wide Area Network Market by Offering, by Appliance, by Implementation Type, by Industry, by Geography - Market Size, Share, Development, Growth, and Demand Forecast, 2013-2023" report has been added to ResearchAndMarkets.com's offering. The Latin American software defined wide area network (SD-WAN) market is expected to reach $219.4 million by 2023, rising adoption of cloud-based applications and need for simplified enterprise network management are the major drivers of the market in the region. Management and maintenance of WAN are costly, and manual configurations are complex and time-consuming. Therefore, there is a need for more flexible and agile WAN solutions in the Latin American SD-WAN market. Moreover, with migration to mobile and cloud, the complexity and cost of traditional WAN models are becoming unsustainable. To overcome these challenges, organizations are adopting SD-WAN solutions to centrally manage and automate configurations of WAN edge routers and reduce the overall operational cost. With growing network complexity and data congestion on network ends, intelligent pathway control mechanism offered by SD-WAN enables policy-based routing, where network path is assigned based on source, destination, and specific application. Therefore, the demand for intelligent pathway control offers immense opportunities for the Latin American SD-WAN market players, owing to its dynamic path selection capabilities, which allow IT administrators to set up performance threshold for various types of traffic such as latency sensitive traffic, interactive traffic, and others. This ensures that critical data and applications use the best path, based on latency, jitter, and loss over the available virtual private network (VPN) tunnel in the network. Mergers and acquisitions were the key activities observed in the Latin American SD-WAN market. For instance, Cisco Systems Inc. broadened its segment portfolio through the acquisition of Viptela Inc., a SD-WAN technology provider, in August 2017, which is expected to consolidate its market position in the region. Key Topics Covered: Chapter 1. Research Background 1.1 Research Objectives 1.2 Market Definition 1.3 Research Scope 1.4 Key Stakeholders Chapter 2. Research Methodology 2.1 Secondary Research 2.2 Primary Research 2.3 Market Size Estimation 2.4 Data Triangulation 2.5 Assumptions for the Study Chapter 3. Executive Summary Chapter 4. Introduction 4.1 Definition of Market Segments 4.1.1 By Offering 4.1.1.1 Solutions 4.1.1.1.1 WAN infrastructure 4.1.1.1.2 SD-WAN control and overlay 4.1.1.2 Services 4.1.1.2.1 CSP SD-WAN managed services 4.1.1.2.2 Cloud-managed SD-WAN 4.1.2 By Appliance 4.1.2.1 Virtual 4.1.2.2 Physical 4.1.2.3 Hybrid 4.1.3 By Implementation type 4.1.3.1 In-house 4.1.3.2 Outsourced 4.1.4 By Industry 4.1.4.1 IT & Telecom 4.1.4.2 BFSI 4.1.4.3 Government 4.1.4.4 Healthcare 4.1.4.5 Others 4.2 Value Chain Analysis 4.3 Market Dynamics 4.3.1 Trends 4.3.1.1 Increasing focus on WAN optimization as a service 4.3.1.2 Surging managed SD-WAN offerings 4.3.1.3 Rise in hybrid cloud connectivity 4.3.1.4 Rapid adoption of IoT and Big Data 4.3.2 Drivers 4.3.2.1 Growing adoption of cloud-based applications 4.3.2.2 Escalated need for cost effective network management 4.3.2.3 Inclination toward simplified enterprise network architecture 4.3.2.4 Surging demand for network privacy and visibility 4.3.2.5 Impact analysis of drivers on market forecast 4.3.3 Restraints 4.3.3.1 Unanticipated execution failure 4.3.3.2 Concern regarding secure access to cloud and SaaS 4.3.3.3 Impact analysis of restraints on market forecast 4.3.4 Opportunities 4.3.4.1 Growing demand for intelligent pathway control 4.3.4.2 Improved data transport independence 4.4 Porter's Five Forces Analysis Chapter 5. Latin America Market Size and Forecast 5.1 By Offering 5.1.1 Solution 5.1.2 Service 5.2 By Appliance 5.3 By Implementation Type 5.4 By Industry 5.5 By Country Chapter 6. Brazil Market Size and Forecast Chapter 7. Mexico Market Size and Forecast Chapter 8. Argentina Market Size and Forecast Chapter 9. Chile Market Size and Forecast Chapter 10. Peru Market Size and Forecast Chapter 11. Colombia Market Size and Forecast Chapter 12. Rest of LATAM Market Size and Forecast Chapter 13. Competitive Landscape 13.1 Market Share Analysis of Key Players 13.2 Competitive Benchmarking of Key Players 13.3 Recent Activities of Key Players 13.4 Strategic Developments of Key Players 13.4.1 Mergers and Acquisitions 13.4.2 Product Launches 13.4.3 Partnerships 13.4.4 Other Developments Chapter 14. Company Profiles
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