NEW YORK, Aug. 8, 2023 /PRNewswire/ — The software-defined wide area network (SD-WAN) market is estimated to grow by USD 11,208.29 million between 2022 and 2027 accelerating at a CAGR of 29.7% during the forecast period, according to Technavio – Request a sample report
Software-defined Wide Area Network (SD-WAN) Market Insights –
Companies: 15+, Including Aryaka Networks Inc., Bigleaf Networks Inc., Cato Networks Ltd., Cisco Systems Inc., Citrix Systems Inc., FatPipe Networks Inc., Flexiware Solutions., Forcepoint LLC, Fortinet Inc., Hewlett Packard Enterprise Co., Huawei Technologies 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., among othersCoverage: Parent market analysis; key drivers, major trends, and challenges; customer and company landscape; company product insights and recent developments; key companies; and market positioning of companiesSegments: product (solutions and services), end-user (service providers and enterprise customers), and geography (North America, APAC, Europe, South America, and Middle East and Africa)
To understand more about the software-defined wide area network (SD-WAN) market, request a sample report
Software-defined Wide Area Network (SD-WAN) Market – Company Insights
The growing competition in the market is compelling companies to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market’s competitive landscape and offers information on several market companies including – Aryaka Networks Inc., Bigleaf Networks Inc., Cato Networks Ltd., Cisco Systems Inc., Citrix Systems Inc., FatPipe Networks Inc., Flexiware Solutions., Forcepoint LLC, Fortinet Inc., Hewlett Packard Enterprise Co., Huawei Technologies 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.
Software-defined Wide Area Network (SD-WAN) Market – Market Dynamics
Key Driver
The rising demand for cloud solutions is a key factor driving market growth. Increasing demand is driven by enterprises and service providers looking to move their on-premises data center workloads to the cloud to improve scalability, efficiency, and agility, and reduce CAPEX and OPEX. However, due to his inadequate WAN capacity in such companies, such migration is unsupported, resulting in network reliability, latency, and congestion issues. To overcome such challenges, cloud-based SD-WAN is in high demand.
Organizations in various industries such as banking, financial services, insurance (BFSI), content and digital media, retail, and manufacturing have deployed SD-WAN solutions to address network-related challenges. Hence, these factors are expected to drive market growth during the forecast period.
Major Trends
Extended partnerships, mergers, and acquisitions are emerging trends in the market. The SD-WAN market is set to consolidate as major companies focus on expanding their product portfolios to gain market share. Partnerships between service providers and companies will drive SD-WAN adoption among SMEs. companies’ readiness to expand globally will increase collaborations with local service providers.
Moreover, major companies will continuously improve their SD-WAN solutions by integrating new security features, collaborating with cloud solutions providers, and partnering with managed service providers. In addition, the market is also expected to consolidate through acquisitions as companies seek to enhance their market presence. Thus, these factors are expected to drive market growth during the forecast period.
Significant Challenges
Lack of technical skills is a major challenge impeding market growth. Deployment of SD-WAN solutions faces major hurdles as IT staff expertise varies from organization to organization. Many IT professionals are familiar with traditional networking technologies, but they do not understand the integrated and automated processes in today’s data centers where computing, storage, security, and networking are controlled through a single interface.
Furthermore, finding experts with knowledge in these technical areas is a big challenge. Additionally, hardware is now managed through software-defined interfaces, so troubleshooting and software management skills are essential. Companies offer courses to address this issue, but they can be time-consuming. Thus, these factors are expected to restrain market growth during the forecast period.
The software-defined wide area network (SD-WAN) market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as prospects.
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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 and its contribution to the market with a focus on the parent marketAccurate predictions about upcoming trends and changes in consumer behaviorGrowth of the software-defined wide area network (SD-WAN) market across North America, APAC, Europe, South America, and the Middle East and AfricaA thorough analysis of the market’s competitive landscape and detailed information about companiesComprehensive analysis of factors that will challenge the growth of the software-defined wide area network (SD-WAN) market companies.
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Software-defined Wide Area Network (SD-WAN) Market Scope
Report Coverage
Details
Base year
2022
Historic period
2017-2021
Forecast period
2023-2027
Growth momentum & CAGR
Accelerate at a CAGR of 29.7%
Market growth 2023-2027
USD 11,208.29 million
Market structure
Fragmented
YoY growth 2022-2023 (%)
28.9
Regional analysis
North America, APAC, Europe, South America, and Middle East and Africa
Performing market contribution
North America at 36%
Key countries
US, China, Japan, UK, and Germany
Competitive landscape
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled
Aryaka Networks Inc., Bigleaf Networks Inc., Cato Networks Ltd., Cisco Systems Inc., Citrix Systems Inc., FatPipe Networks Inc., Flexiware Solutions., Forcepoint LLC, Fortinet Inc., Hewlett Packard Enterprise Co., Huawei Technologies 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 inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents
1 Executive Summary
1.1 Market OverviewExhibit 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 Company Market Positioning
2 Market Landscape
2.1 Market ecosystemExhibit 10: Parent marketExhibit 11: Market Characteristics
3 Market Sizing
3.1 Market DefinitionExhibit 12: Offerings of companies included in the market definition3.2 Market segment analysis Exhibit 13: Market segments3.3 Market size 20223.4 Market outlook: Forecast for 2022-2027 Exhibit 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 – 2021 Exhibit 19: Historic Market Size – Product Segment 2017 – 2021 ($ million)4.3 End-user Segment Analysis 2017 – 2021 Exhibit 20: Historic Market Size – End-user Segment 2017 – 2021 ($ million)4.4 Geography Segment Analysis 2017 – 2021 Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)4.5 Country Segment Analysis 2017 – 2021 Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)
5 Five Forces Analysis
5.1 Five forces summaryExhibit 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 rivalryExhibit 28: Threat of rivalry – Impact of key factors in 2022 and 20275.7 Market conditionExhibit 29: Chart on Market condition – Five forces 2022 and 2027
6 Market Segmentation by Product
6.1 Market segmentsExhibit 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 2022-2027 Exhibit 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 2022-2027 Exhibit 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 segmentsExhibit 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 2022-2027 Exhibit 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 2022-2027 Exhibit 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 2022-2027 Exhibit 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 2022-2027 Exhibit 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 2022-2027 Exhibit 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 2022-2027 Exhibit 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 2022-2027 Exhibit 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 2022-2027 Exhibit 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 2022-2027 Exhibit 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 Company Landscape
11.1 Overview11.2 Company landscapeExhibit 103: Overview on Criticality of inputs and Factors of differentiation11.3 Landscape disruptionExhibit 104: Overview on factors of disruption11.4 Industry risksExhibit 105: Impact of key risks on business
12 Company Analysis
12.1 Companies coveredExhibit 106: Companies covered12.2 Market positioning of companies Exhibit 107: Matrix on company 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 LLCExhibit 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 checklist Exhibit 163: Inclusions checklistExhibit 164: Exclusions checklist13.3 Currency conversion rates for US$ Exhibit 165: Currency conversion rates for US$13.4 Research methodologyExhibit 166: Research methodologyExhibit 167: Validation techniques employed for market sizingExhibit 168: Information sources13.5 List of abbreviationsExhibit 169: List of abbreviations
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