SD-WAN Market Decelerated in the First Quarter of 2020, According to Dell'Oro Group
REDWOOD CITY, Calif., June 3, 2020 /PRNewswire/ -- According to a recently published report by Dell'Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, the worldwide SD-WAN market continued to expand in the first quarter of 2020, but the 24 percent year over year growth rate was well below the 64 percent annual growth for 2019. The top five vendors, Cisco, VMware, Silver Peak, Versa, and Fortinet saw their combined revenue share climb above 60 percent in 1Q 2020.
"Demand for SD-WAN held up well in the first quarter, but supply chain disruptions induced by the COVID-19 pandemic caused a sharper deceleration in vendor revenue growth," said Shin Umeda, Vice President at Dell'Oro Group. "We still expect the SD-WAN market to grow by double-digits this year, but with so much macroeconomic uncertainty, strong performance won't be a shoo-in for all vendors," added Umeda.
Additional highlights from the 1Q 2020 Router & Carrier Ethernet Switch (CES) Report:
The Dell'Oro Group Router & Carrier Ethernet Switch Quarterly Report offers complete, in-depth coverage of the Service Provider Core and Edge Router, Carrier Ethernet Switch, and Enterprise Router markets for future current and historical time periods. The report includes qualitative analysis and detailed statistics for manufacture revenue by regions, customer types, and use cases, average selling prices, and unit and port shipments. To purchase these reports, please contact us by email at firstname.lastname@example.org.
Dell'Oro Group is a market research firm that specializes in strategic competitive analysis in the telecommunications, networks, and data center IT markets. Our firm provides in-depth quantitative data and qualitative analysis to facilitate critical, fact-based business decisions. For more information, contact Dell'Oro Group at +1.650.622.9400 or visit www.delloro.com.
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SOURCE Dell'Oro Group
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