Software-defined wide area network (SD-WAN) Market 2023-2027; Segmentation by Product, End-user and Geography; CAGR accelerating at 29.7% by 2027- Technavio

NEW YORK, June 9, 2023 /PRNewswire/ — The software-defined wide area network (SD-WAN) market size is estimated to grow by USD 11,208.29 million from 2023 to 2027. The market is estimated to grow at a CAGR of 29.7%. The growth momentum will be increasing during the forecast period. North America is estimated to account for 36% of the global market growth. In this region, the US and Canada dominate data center investments due to the rising demand for 5 G-enabled IoT solutions in these countries, strongly supported by high connectivity and bandwidth, cool ambient temperature, low electricity tariffs, and a tax-friendly environment. Moreover, the consumer and enterprise data traffic propel the demand for data centers in the region, factors such as demand for IoT devices, rising investments in AI, implementation of autonomous technologies across enterprises, and growing investments in autonomous vehicles. Such factors will increase the market growth in this region during the forecast period.

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Global Software-defined Wide Area Network (SD-WAN) Market – Segmentation Assessment

Segment Overview

The software-defined wide area network (SD-WAN) market is segmented by Product (Solutions and Services), End-user (Service providers and Enterprise customers), and Geography (North America, APAC, Europe, South America, and Middle East and Africa). 

The market share growth by the solutions segment will be significant during the forecast period.The solutions segment was valued at USD 955.06 million in 2017 and continued to grow until 2021, thus this segment will boost the market in forecast period.The connectivity, management, cloud resources, and services between data centers, and remote are controlled by software using SD-WAN solutions.

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Global Software-defined Wide Area Network (SD-WAN) Market 
Kay factors for market drivers-

The rising demand for cloud solutions is notably driving market growth. Enterprises across various industry sectors such as banking, content and digital media, financial services and insurance (BFSI), retail, and manufacturing, are the main contributors to the rise in demand. Enterprises and service providers are implementing SD-WAN solutions to improve their scalability, efficiency, and agility and to reduce CAPEX and OPEX. The demand for cloud-based SD-WAN is increasing as it overcomes such network-related challenges. Therefore, such factors will boost the market growth during the forecast period.

Leading trends influencing the market- 

Extended partnerships, mergers, and acquisitions are emerging trends in the market. Software-defined wide area network (SD-WAN) market is expected to consolidate As major vendors focus on product portfolio enhancements to increase their market share. However, they enhance their SD-WAN solutions with new security features, collaboration with cloud solutions providers, and partnerships with managed service providers. Hence, these factors will positively influence the market growth during the forecast period. 

Major challenges hindering the market growth-

Lack of technical skills is a major challenge impeding market growth. One of the major constraints for the adoption of SD-WAN solutions is the technology gap among the IT staff of different enterprises. Most of the IT personnel have command over traditional and fundamental technologies in network infrastructures. However, finding technical staff with command of multiple technical domains has been one of the major challenges for enterprises. Furthermore, technical professionals must have knowledge of software troubleshooting and management to overcome this challenge. Therefore, these factors will impede the market growth during the forecast period. 

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What are the key data covered in this Software-defined Wide Area Network (SD-WAN) Market report?

CAGR of the market during the forecast periodDetailed information on factors that will drive the growth of the Software-defined Wide Area Network (SD-WAN) Market between 2023 and 2027Precise estimation of the size of the Software-defined Wide Area Network (SD-WAN) Market size and its contribution to the market in focus on the parent marketAccurate predictions about upcoming trends and changes in consumer behaviorGrowth of the Software-defined Wide Area Network (SD-WAN) Market industry across North America, APAC, Europe, South America, and Middle East and AfricaA thorough analysis of the market’s competitive landscape and detailed information about vendorsComprehensive analysis of factors that will challenge the growth of Software-defined Wide Area Network (SD-WAN) Market vendors

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Table of Contents

1 Executive Summary

1.1 Market overview Exhibit 01: Executive Summary – Chart on Market OverviewExhibit 02: Executive Summary – Data Table on Market OverviewExhibit 03: Executive Summary – Chart on Global Market CharacteristicsExhibit 04: Executive Summary – Chart on Market by GeographyExhibit 05: Executive Summary – Chart on Market Segmentation by ProductExhibit 06: Executive Summary – Chart on Market Segmentation by End-userExhibit 07: Executive Summary – Chart on Incremental GrowthExhibit 08: Executive Summary – Data Table on Incremental GrowthExhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem Exhibit 10: Parent marketExhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition Exhibit 12: Offerings of vendors included in the market definition3.2 Market segment analysis Exhibit 13: Market segments3.3 Market size 20223.4 Market outlook: Forecast for 2022-2027Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global software-defined wide area network (SD-WAN) market 2017 – 2021 Exhibit 18: Historic Market Size – Data Table on Global software-defined wide area network (SD-WAN) market 2017 – 2021 ($ million)4.2 Product Segment Analysis 2017 – 2021Exhibit 19: Historic Market Size – Product Segment 2017 – 2021 ($ million)4.3 End-user Segment Analysis 2017 – 2021Exhibit 20: Historic Market Size – End-user Segment 2017 – 2021 ($ million)4.4 Geography Segment Analysis 2017 – 2021Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)4.5 Country Segment Analysis 2017 – 2021Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary Exhibit 23: Five forces analysis – Comparison between 2022 and 20275.2 Bargaining power of buyers Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 20275.3 Bargaining power of suppliers Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 20275.4 Threat of new entrants Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 20275.5 Threat of substitutes Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 20275.6 Threat of rivalry Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 20275.7 Market condition Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Product

6.1 Market segments Exhibit 30: Chart on Product – Market share 2022-2027 (%)Exhibit 31: Data Table on Product – Market share 2022-2027 (%)6.2 Comparison by Product Exhibit 32: Chart on Comparison by ProductExhibit 33: Data Table on Comparison by Product6.3 Solutions – Market size and forecast 2022-2027Exhibit 34: Chart on Solutions – Market size and forecast 2022-2027 ($ million)Exhibit 35: Data Table on Solutions – Market size and forecast 2022-2027 ($ million)Exhibit 36: Chart on Solutions – Year-over-year growth 2022-2027 (%)Exhibit 37: Data Table on Solutions – Year-over-year growth 2022-2027 (%)6.4 Services – Market size and forecast 2022-2027Exhibit 38: Chart on Services – Market size and forecast 2022-2027 ($ million)Exhibit 39: Data Table on Services – Market size and forecast 2022-2027 ($ million)Exhibit 40: Chart on Services – Year-over-year growth 2022-2027 (%)Exhibit 41: Data Table on Services – Year-over-year growth 2022-2027 (%)6.5 Market opportunity by Product Exhibit 42: Market opportunity by Product ($ million)

7 Market Segmentation by End-user

7.1 Market segments Exhibit 43: Chart on End-user – Market share 2022-2027 (%)Exhibit 44: Data Table on End-user – Market share 2022-2027 (%)7.2 Comparison by End-user Exhibit 45: Chart on Comparison by End-userExhibit 46: Data Table on Comparison by End-user7.3 Service providers – Market size and forecast 2022-2027 Exhibit 47: Chart on Service providers – Market size and forecast 2022-2027 ($ million)Exhibit 48: Data Table on Service providers – Market size and forecast 2022-2027 ($ million)Exhibit 49: Chart on Service providers – Year-over-year growth 2022-2027 (%)Exhibit 50: Data Table on Service providers – Year-over-year growth 2022-2027 (%)7.4 Enterprise customers – Market size and forecast 2022-2027 Exhibit 51: Chart on Enterprise customers – Market size and forecast 2022-2027 ($ million)Exhibit 52: Data Table on Enterprise customers – Market size and forecast 2022-2027 ($ million)Exhibit 53: Chart on Enterprise customers – Year-over-year growth 2022-2027 (%)Exhibit 54: Data Table on Enterprise customers – Year-over-year growth 2022-2027 (%)7.5 Market opportunity by End-user Exhibit 55: Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation Exhibit 57: Chart on Market share by geography 2022-2027 (%)Exhibit 58: Data Table on Market share by geography 2022-2027 (%)9.2 Geographic comparison Exhibit 59: Chart on Geographic comparisonExhibit 60: Data Table on Geographic comparison9.3 North America – Market size and forecast 2022-2027Exhibit 61: Chart on North America – Market size and forecast 2022-2027 ($ million)Exhibit 62: Data Table on North America – Market size and forecast 2022-2027 ($ million)Exhibit 63: Chart on North America – Year-over-year growth 2022-2027 (%)Exhibit 64: Data Table on North America – Year-over-year growth 2022-2027 (%)9.4 APAC – Market size and forecast 2022-2027Exhibit 65: Chart on APAC – Market size and forecast 2022-2027 ($ million)Exhibit 66: Data Table on APAC – Market size and forecast 2022-2027 ($ million)Exhibit 67: Chart on APAC – Year-over-year growth 2022-2027 (%)Exhibit 68: Data Table on APAC – Year-over-year growth 2022-2027 (%)9.5 Europe – Market size and forecast 2022-2027Exhibit 69: Chart on Europe – Market size and forecast 2022-2027 ($ million)Exhibit 70: Data Table on Europe – Market size and forecast 2022-2027 ($ million)Exhibit 71: Chart on Europe – Year-over-year growth 2022-2027 (%)Exhibit 72: Data Table on Europe – Year-over-year growth 2022-2027 (%)9.6 South America – Market size and forecast 2022-2027Exhibit 73: Chart on South America – Market size and forecast 2022-2027 ($ million)Exhibit 74: Data Table on South America – Market size and forecast 2022-2027 ($ million)Exhibit 75: Chart on South America – Year-over-year growth 2022-2027 (%)Exhibit 76: Data Table on South America – Year-over-year growth 2022-2027 (%)9.7 Middle East and Africa – Market size and forecast 2022-2027 Exhibit 77: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)Exhibit 78: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)Exhibit 79: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)Exhibit 80: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)9.8 US – Market size and forecast 2022-2027Exhibit 81: Chart on US – Market size and forecast 2022-2027 ($ million)Exhibit 82: Data Table on US – Market size and forecast 2022-2027 ($ million)Exhibit 83: Chart on US – Year-over-year growth 2022-2027 (%)Exhibit 84: Data Table on US – Year-over-year growth 2022-2027 (%)9.9 China – Market size and forecast 2022-2027Exhibit 85: Chart on China – Market size and forecast 2022-2027 ($ million)Exhibit 86: Data Table on China – Market size and forecast 2022-2027 ($ million)Exhibit 87: Chart on China – Year-over-year growth 2022-2027 (%)Exhibit 88: Data Table on China – Year-over-year growth 2022-2027 (%)9.10 Japan – Market size and forecast 2022-2027Exhibit 89: Chart on Japan – Market size and forecast 2022-2027 ($ million)Exhibit 90: Data Table on Japan – Market size and forecast 2022-2027 ($ million)Exhibit 91: Chart on Japan – Year-over-year growth 2022-2027 (%)Exhibit 92: Data Table on Japan – Year-over-year growth 2022-2027 (%)9.11 UK – Market size and forecast 2022-2027Exhibit 93: Chart on UK – Market size and forecast 2022-2027 ($ million)Exhibit 94: Data Table on UK – Market size and forecast 2022-2027 ($ million)Exhibit 95: Chart on UK – Year-over-year growth 2022-2027 (%)Exhibit 96: Data Table on UK – Year-over-year growth 2022-2027 (%)9.12 Germany – Market size and forecast 2022-2027Exhibit 97: Chart on Germany – Market size and forecast 2022-2027 ($ million)Exhibit 98: Data Table on Germany – Market size and forecast 2022-2027 ($ million)Exhibit 99: Chart on Germany – Year-over-year growth 2022-2027 (%)Exhibit 100: Data Table on Germany – Year-over-year growth 2022-2027 (%)9.13 Market opportunity by geography Exhibit 101: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers10.2 Market challenges10.3 Impact of drivers and challenges Exhibit 102: Impact of drivers and challenges in 2022 and 202710.4 Market trends

11 Vendor Landscape

11.1 Overview11.2 Vendor landscape Exhibit 103: Overview on Criticality of inputs and Factors of differentiation11.3 Landscape disruption Exhibit 104: Overview on factors of disruption11.4 Industry risks Exhibit 105: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered Exhibit 106: Vendors covered12.2 Market positioning of vendors Exhibit 107: Matrix on vendor position and classification12.3 Aryaka Networks Inc. Exhibit 108: Aryaka Networks Inc. – OverviewExhibit 109: Aryaka Networks Inc. – Product / ServiceExhibit 110: Aryaka Networks Inc. – Key newsExhibit 111: Aryaka Networks Inc. – Key offerings12.4 Bigleaf Networks Inc. Exhibit 112: Bigleaf Networks Inc. – OverviewExhibit 113: Bigleaf Networks Inc. – Product / ServiceExhibit 114: Bigleaf Networks Inc. – Key offerings12.5 Cato Networks Ltd. Exhibit 115: Cato Networks Ltd. – OverviewExhibit 116: Cato Networks Ltd. – Product / ServiceExhibit 117: Cato Networks Ltd. – Key offerings12.6 Cisco Systems Inc. Exhibit 118: Cisco Systems Inc. – OverviewExhibit 119: Cisco Systems Inc. – Business segmentsExhibit 120: Cisco Systems Inc. – Key newsExhibit 121: Cisco Systems Inc. – Key offeringsExhibit 122: Cisco Systems Inc. – Segment focus12.7 Citrix Systems Inc. Exhibit 123: Citrix Systems Inc. – OverviewExhibit 124: Citrix Systems Inc. – Product / ServiceExhibit 125: Citrix Systems Inc. – Key newsExhibit 126: Citrix Systems Inc. – Key offerings12.8 FatPipe Networks Inc. Exhibit 127: FatPipe Networks Inc. – OverviewExhibit 128: FatPipe Networks Inc. – Product / ServiceExhibit 129: FatPipe Networks Inc. – Key offerings12.9 Forcepoint LLC Exhibit 130: Forcepoint LLC – OverviewExhibit 131: Forcepoint LLC – Product / ServiceExhibit 132: Forcepoint LLC – Key offerings12.10 Fortinet Inc. Exhibit 133: Fortinet Inc. – OverviewExhibit 134: Fortinet Inc. – Product / ServiceExhibit 135: Fortinet Inc. – Key offerings12.11 Huawei Technologies Co. Ltd. Exhibit 136: Huawei Technologies Co. Ltd. – OverviewExhibit 137: Huawei Technologies Co. Ltd. – Business segmentsExhibit 138: Huawei Technologies Co. Ltd. – Key newsExhibit 139: Huawei Technologies Co. Ltd. – Key offeringsExhibit 140: Huawei Technologies Co. Ltd. – Segment focus12.12 Juniper Networks Inc. Exhibit 141: Juniper Networks Inc. – OverviewExhibit 142: Juniper Networks Inc. – Product / ServiceExhibit 143: Juniper Networks Inc. – Key offerings12.13 Nokia Corp. Exhibit 144: Nokia Corp. – OverviewExhibit 145: Nokia Corp. – Business segmentsExhibit 146: Nokia Corp. – Key offeringsExhibit 147: Nokia Corp. – Segment focus12.14 Oracle Corp. Exhibit 148: Oracle Corp. – OverviewExhibit 149: Oracle Corp. – Business segmentsExhibit 150: Oracle Corp. – Key newsExhibit 151: Oracle Corp. – Key offeringsExhibit 152: Oracle Corp. – Segment focus12.15 Palo Alto Networks Inc. Exhibit 153: Palo Alto Networks Inc. – OverviewExhibit 154: Palo Alto Networks Inc. – Product / ServiceExhibit 155: Palo Alto Networks Inc. – Key newsExhibit 156: Palo Alto Networks Inc. – Key offerings12.16 Riverbed Technology Inc. Exhibit 157: Riverbed Technology Inc. – OverviewExhibit 158: Riverbed Technology Inc. – Product / ServiceExhibit 159: Riverbed Technology Inc. – Key offerings12.17 Untangle Inc. Exhibit 160: Untangle Inc. – OverviewExhibit 161: Untangle Inc. – Product / ServiceExhibit 162: Untangle Inc. – Key offerings

13 Appendix

13.1 Scope of the report13.2 Inclusions and exclusions checklistExhibit 163: Inclusions checklistExhibit 164: Exclusions checklist13.3 Currency conversion rates for US$ Exhibit 165: Currency conversion rates for US$13.4 Research methodology Exhibit 166: Research methodologyExhibit 167: Validation techniques employed for market sizingExhibit 168: Information sources13.5 List of abbreviations Exhibit 169: List of abbreviations

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