$9.99 Billion Growth Expected in Software-Defined Wide Area Network (SD-WAN) Market | Driven by growing demand for cloud solutions

NEW YORK, April 5, 2022 /PRNewswire/ — The Global Software Defined Wide Area Network (SD-WAN) Market Size should increase by $9.99 billion between 2021 and 2026, expanding at a CAGR of 30.07% during the forecast period. The report provides a comprehensive analysis of recent developments, new product launches, major revenue-driving segments, and market behavior across all geographies.

Technavio has announced its latest market research report titled Software Defined Wide Area Network (SD-WAN) Market by End User and Geography – Forecast and Analysis 2022-2026

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The global software-defined wide-area network (SD-WAN) market is concentrated and characterized by the presence of well-diversified, small and medium-sized international vendors. The competitive environment of this market is expected to intensify with the proliferation of technological innovations and the number of mergers and acquisitions. International players are expected to grow organically over the forecast period by acquiring smaller players.

Technavio identifies Aryaka Networks Inc., Bigleaf Networks Inc., Cato Networks Ltd., Cisco Systems Inc., Citrix Systems Inc., Communications Systems Inc., FatPipe Networks Inc., Forcepoint LLC, Fortinet Inc., Hewlett Packard Enterprise Co., Huawei Investment and Holding Co. Ltd., Juniper Networks Inc., Lumen Technologies Inc., Nokia Corp., Oracle Corp., Palo Alto Networks Inc., Riverbed Technology Inc., Untangle Inc., Versa Networks Inc. and VMware Inc. ., like some of the major market players.

While the growing demand for cloud solutions, the rise of digital transformation, and the growing popularity of SD-WAN as a service will provide immense growth opportunities, implementation challenges, cybersecurity challenges, and the lack of technical skills will test the growth of the market. attendees. To make the most of the opportunities, sellers in the market should focus more on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Software Defined Wide Area Network (SD-WAN) Market 2022-2026: Segmentation

The Software Defined Wide Area Network (SD-WAN) Market is segmented as follows:

By the end users, the service provider segment will generate maximum revenue in the market. The segment is driven by the growing number of partnerships between service providers and vendors. Market growth will be significant in the segment over the forecast period.

North America will present a maximum of opportunities for market players. The region currently holds 76% of the global market share. Factors such as growing demand for IoT devices, rising implementation of autonomous technologies in enterprises, and rising investment in autonomous vehicles are driving the growth of the regional market. The United States and Canada are the key markets for Software Defined Wide Area Network (SD-WAN) Market in North America. Market growth in this region will be slower than market growth in other regions.

Technavio presents a detailed picture of the market through the study, synthesis and summation of data from several sources. Our Software Defined Wide Area Network (SD-WAN) Market report covers the following areas:

Software Defined Wide Area Network (SD-WAN) Market 2022-2026: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the Software Defined Wide Area Network (SD-WAN) Market. Relying on competitive insights and benchmarking analysis, our Software Defined Wide Area Network (SD-WAN) Market research report is designed to provide entry support, customer profile and mergers and acquisitions as well as a strategic go-to-market support.

Software Defined Wide Area Network (SD-WAN) Market 2022-2026: Key Highlights

  • Market CAGR over the forecast period 2022-2026

  • In-depth information on factors that will contribute to the Software Defined Wide Area Network (SD-WAN) market growth over the next five years

  • Estimation of the Software Defined Wide Area Network (SD-WAN) market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The Growth of the Software Defined Wide Area Network (SD-WAN) Market

  • Market Competitive Landscape Analysis and Detailed Vendor Information

  • Comprehensive details of factors that will challenge the growth of the Software Defined Wide Area Network (SD-WAN) Market vendors

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Software Defined Wide Area Network (SD-WAN) Market Scope

Report cover

Details

Page number

120

Year of reference

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 30.07%

Market Growth 2022-2026

$9.99 billion

Market structure

Concentrated

Annual growth (%)

29.46

Regional analysis

North America, APAC, Europe, South America, Middle East and Africa

Successful market contribution

76% North America

Main consumer countries

United States, Canada, China, Japan and Germany

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Aryaka Networks Inc., Bigleaf Networks Inc., Cato Networks Ltd., Cisco Systems Inc., Citrix Systems Inc., Communications Systems Inc., FatPipe Networks Inc., Forcepoint LLC, Fortinet Inc., Hewlett Packard Enterprise Co., Huawei Investment and Holding Co. Ltd., Juniper Networks Inc., Lumen Technologies Inc., Nokia Corp., Oracle Corp., Palo Alto Networks Inc., Riverbed Technology Inc., Untangle Inc., Versa Networks Inc. and VMware Inc.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents :

1. Summary

2 Market landscape

3 Market sizing

4 Five forces analysis

5 Market Segmentation by End User

6 Customer Landscape

7 Geographic landscape

8 drivers, challenges and trends

9 Supplier landscape

10 Vendor Analysis

11 Appendix

About Us

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

Contact

Technavio Research
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Website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

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