SD-WAN Market Size to Reach USD 4.137 Billion by 2026 - Valuates Reports
BANGALORE, India, June 3, 2020 /PRNewswire/ -- SD-WAN is an acronym for software-defined wide area network. By decoupling networking hardware from its control mechanism, an SD-WAN technology simplifies the management and operation of a WAN. This idea parallels how software-defined networking incorporates virtualization technology to improve the management and operation of data centers.
The Global SD-WAN Market size in 2019 was USD 800 Million and is expected to reach USD 4.137 Billion by the end of 2026, with a CAGR of 26.2 percent between 2019 and 2026.
The recent trend in the SD-WAN market is the adoption of SD-WAN technology by start-ups and multiple system operators (MSOs), which is shifting the conventional WAN value chain.
Increasing concern about the complexities of network management, network security, is creating the need for organizations to consider SD-WAN solutions to replace their conventional WAN architecture. SD-WAN services offer network installation and management, spread through various branches of organizations.
The report strategically segments the market into virtual appliance, physical appliance, and hybrid based on their type. Out of these segments, the physical appliances are expected to hold a significant portion of SD-WAN market share by 2026, as these appliances provide most of the SD-WAN features, including network management, firewalls, and dynamic route routing and can be implemented onsite.
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TRENDS INFLUENCING THE SD-WAN MARKET SIZE:
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REGION WISE SD-WAN MARKET SHARE ANALYSIS:
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TOP SD-WAN MARKET VENDORS
Cisco holds the largest share of the SD-WAN infrastructure market, driven by its extensive routing portfolio used in SD-WAN deployments, as well as its portfolio of Meraki and its technology enabled SD-WAN management platform acquired from Viptela in August 2017.
Apart from Cisco, other key players include,
SD-WAN MARKET SEGMENT BY TYPE, THE PRODUCT CAN BE SPLIT INTO
SD-WAN MARKET SEGMENT BY APPLICATION, THE MARKET CAN BE SPLIT INTO
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SIMILAR REPORTS :
? SD-WAN FOR GOVERNMENT MARKET
In 2019, the global Software-Defined Wide Area Network (SD-WAN) for Government market size was USD 23 million and it is expected to reach USD 70 million by the end of 2026, with a CAGR of 17.3% during 2021-2026.
The report strategically segments the market into On-Premises, and On Cloud based on type and into Training & Consulting, Integration & Migration, and Support & Maintenance based on application.
This study focuses on the future outlook, growth opportunity, key market and key players. The report goals are to present the growth of SD-WAN for the Government for North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
? SD-WAN SOFTWARE MARKET
This report focuses on the status of global SD-WAN Technology, future forecasts, opportunities for growth, key market and key players. This study aims to present the growth of SD-WAN Software in North America, Europe, China, Japan, Southeast Asia, India, and Central & South America.
? MANAGED SD-WAN SERVICE MARKET
Managed SD-WAN products typically reside at the client's premises, are governed by an SLA, and are priced on a recurring monthly basis.
This report focuses on the status of global SD-WAN Managed Service, future outlook, growth opportunity, key market, and key players. The aim of the report is to present the creation of the Managed Software Defined WAN Network in North America, Europe, China, Japan, Southeast Asia, India, and Central & South America.
? SD-WAN ROUTER MARKET
A Software-defined Wide Area Network (SD-WAN) is a virtual WAN architecture that enables businesses to utilize any combination of transport services including MPLS, LTE, and broadband internet networks to link users securely to applications.
This report focuses on the volume and value of SD-WAN routers at national, regional and enterprise level. Further, this study reflects the overall size of the SD-WAN Router market from a global perspective, by examining historical data and future prospects.
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