A software-defined wide area network (SD-WAN) is a technology that simplifies the management and operation of a wide area network (WAN) by decoupling the networking hardware from its control mechanism. It utilizes principles of software-defined networking (SDN) to dynamically manage and optimize the distribution of network traffic across various connection types, such as broadband internet, MPLS (multiprotocol label switching), LTE, and others.
The main components of SD-WAN include solutions and services. SD-WAN solutions encompass both hardware and software components that enable a software-defined approach to WAN management. These solutions can be deployed on-premise, in the cloud, or in hybrid modes, catering to large enterprises and small-medium enterprises across diverse industries such as healthcare, banking and financial services, retail, manufacturing, transport and logistics, information technology (IT), telecommunications, and others.
The software-defined wide area network (SD-WAN) market research report is one of a series of new reports that provides software-defined wide area network (SD-WAN) market statistics, including the software-defined wide area network (SD-WAN) industry global market size, regional shares, competitors with software-defined wide area network (SD-WAN) market share, detailed software-defined wide area network (SD-WAN) market segments, market trends, and opportunities, and any further data you may need to thrive in the software-defined wide area network (SD-WAN) industry. These software-defined wide area network (SD-WAN) market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The software-defined wide area network (SD-WAN) market size has grown exponentially in recent years. It will grow from $5.6 billion in 2023 to $7.56 billion in 2024 at a compound annual growth rate (CAGR) of 35.1%. The growth observed in the historic period can be attributed to several factors, including the adoption of simplified network solutions, increasing demand for internet broadband connections, enterprises' focus on reducing operational expenditure and operating costs, and the rising adoption driven by the growth of mobile workers.
The software-defined wide area network (SD-WAN) market size is expected to see exponential growth in the next few years. It will grow to $25.36 billion in 2028 at a compound annual growth rate (CAGR) of 35.4%. The anticipated growth in the forecast period can be attributed to several factors, including the rising number of cloud-based services, increasing demand for mobility services, higher penetration of smartphones, improved bandwidth efficiency, and robust infrastructure development. Major trends expected in this period include technological advancements, heightened demand for internet broadband connections, a focus on reducing operational expenditure, integration of artificial intelligence (AI) technologies, and an intensified emphasis on digital transformation initiatives.
The growth of the software-defined wide area network (SD-WAN) market is anticipated to be driven by the increasing adoption of cloud-based solutions. Cloud-based solutions utilize cloud computing technologies and are favored for their scalability, cost efficiency, global accessibility, security enhancements, and continuous innovation. SD-WAN enhances cloud-based services by optimizing traffic routing to enhance performance, integrating robust security features, reducing costs through efficient use of multiple connection types, simplifying centralized management, enabling scalability, and ensuring reliable connectivity with failover and load balancing capabilities. For instance, Eurostat reported in December 2023 that 45.2% of EU enterprises adopted cloud computing services in 2023, marking a 4.2% increase from 2021 and underscoring the growing reliance on cloud-based solutions that drive the SD-WAN market forward.
Leading companies in the SD-WAN market are focused on innovating to develop advanced solutions such as multi-tenant edge Secure SD-WAN solutions. These solutions enhance security, improve performance, and enable cost-effective scalability for enterprises by supporting multiple tenants or business units within a single platform. For example, SITA, a Switzerland-based company specializing in air transport communications and information technology, collaborated with Versa Networks, a US-based Secure Access Service Edge (SASE) company, to launch SITA Connect Go in October 2022. This multi-tenant edge secure SD-WAN solution caters specifically to the air transportation industry, offering scalable and agile connectivity by leveraging virtualized infrastructure at airports and in the cloud. This approach enhances flexibility and supports the industry's transition to multi-cloud environments.
In November 2023, Etisalat by e&, a UAE-based telecommunications company, partnered with Versa Networks, VeloCloud Networks Inc., and Fortinet to expand its portfolio and enhance managed SD-WAN services. This collaboration positions Etisalat by e& at the forefront of network connectivity, delivering enhanced operational efficiency, robust security measures, and scalable network infrastructure solutions to businesses. Versa Networks and VeloCloud Networks Inc., both US-based companies, specialize in SD-WAN and cloud-delivered SD-WAN architecture, respectively, while Fortinet provides software-defined networking solutions.
Major companies operating in the software-defined wide area network (SD-WAN) market are Dell Technologies Inc., Huawei Technologies Co. Ltd., Cisco Systems Inc., Oracle Corporation, Hewlett Packard Enterprise Development LP, Ericsson, Nokia Corporation, NEC Corporation, VMware Inc., Palo Alto Networks, Juniper Networks Inc., Fortinet Inc., Ciena Corporation, Citrix Systems Inc., Tata Communications, Forcepoint, Riverbed Technology, Cato Networks Ltd., Versa Networks Inc., Epsilon Telecommunications, Aryaka Networks Inc., FatPipe Networks Inc., Adaptiv Networks Inc., Silver Peak Systems Inc.
North America was the largest region in the software-defined wide area network (SD-WAN) market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the software-defined wide area network (SD-WAN) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the software-defined wide area network (SD-WAN) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The software-defined wide area network (SD-WAN) market consist of revenues earned by entities by providing on-premises SD-WAN, cloud-managed SD-WAN, hybrid SD-WAN, managed SD-WAN Services, and virtual SD-WAN. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The software-defined wide area network (SD-WAN) market also includes consists of sales of edge devices, routers, gateways, switches, and network interface cards (NICs). Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The main components of SD-WAN include solutions and services. SD-WAN solutions encompass both hardware and software components that enable a software-defined approach to WAN management. These solutions can be deployed on-premise, in the cloud, or in hybrid modes, catering to large enterprises and small-medium enterprises across diverse industries such as healthcare, banking and financial services, retail, manufacturing, transport and logistics, information technology (IT), telecommunications, and others.
The software-defined wide area network (SD-WAN) market research report is one of a series of new reports that provides software-defined wide area network (SD-WAN) market statistics, including the software-defined wide area network (SD-WAN) industry global market size, regional shares, competitors with software-defined wide area network (SD-WAN) market share, detailed software-defined wide area network (SD-WAN) market segments, market trends, and opportunities, and any further data you may need to thrive in the software-defined wide area network (SD-WAN) industry. These software-defined wide area network (SD-WAN) market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The software-defined wide area network (SD-WAN) market size has grown exponentially in recent years. It will grow from $5.6 billion in 2023 to $7.56 billion in 2024 at a compound annual growth rate (CAGR) of 35.1%. The growth observed in the historic period can be attributed to several factors, including the adoption of simplified network solutions, increasing demand for internet broadband connections, enterprises' focus on reducing operational expenditure and operating costs, and the rising adoption driven by the growth of mobile workers.
The software-defined wide area network (SD-WAN) market size is expected to see exponential growth in the next few years. It will grow to $25.36 billion in 2028 at a compound annual growth rate (CAGR) of 35.4%. The anticipated growth in the forecast period can be attributed to several factors, including the rising number of cloud-based services, increasing demand for mobility services, higher penetration of smartphones, improved bandwidth efficiency, and robust infrastructure development. Major trends expected in this period include technological advancements, heightened demand for internet broadband connections, a focus on reducing operational expenditure, integration of artificial intelligence (AI) technologies, and an intensified emphasis on digital transformation initiatives.
The growth of the software-defined wide area network (SD-WAN) market is anticipated to be driven by the increasing adoption of cloud-based solutions. Cloud-based solutions utilize cloud computing technologies and are favored for their scalability, cost efficiency, global accessibility, security enhancements, and continuous innovation. SD-WAN enhances cloud-based services by optimizing traffic routing to enhance performance, integrating robust security features, reducing costs through efficient use of multiple connection types, simplifying centralized management, enabling scalability, and ensuring reliable connectivity with failover and load balancing capabilities. For instance, Eurostat reported in December 2023 that 45.2% of EU enterprises adopted cloud computing services in 2023, marking a 4.2% increase from 2021 and underscoring the growing reliance on cloud-based solutions that drive the SD-WAN market forward.
Leading companies in the SD-WAN market are focused on innovating to develop advanced solutions such as multi-tenant edge Secure SD-WAN solutions. These solutions enhance security, improve performance, and enable cost-effective scalability for enterprises by supporting multiple tenants or business units within a single platform. For example, SITA, a Switzerland-based company specializing in air transport communications and information technology, collaborated with Versa Networks, a US-based Secure Access Service Edge (SASE) company, to launch SITA Connect Go in October 2022. This multi-tenant edge secure SD-WAN solution caters specifically to the air transportation industry, offering scalable and agile connectivity by leveraging virtualized infrastructure at airports and in the cloud. This approach enhances flexibility and supports the industry's transition to multi-cloud environments.
In November 2023, Etisalat by e&, a UAE-based telecommunications company, partnered with Versa Networks, VeloCloud Networks Inc., and Fortinet to expand its portfolio and enhance managed SD-WAN services. This collaboration positions Etisalat by e& at the forefront of network connectivity, delivering enhanced operational efficiency, robust security measures, and scalable network infrastructure solutions to businesses. Versa Networks and VeloCloud Networks Inc., both US-based companies, specialize in SD-WAN and cloud-delivered SD-WAN architecture, respectively, while Fortinet provides software-defined networking solutions.
Major companies operating in the software-defined wide area network (SD-WAN) market are Dell Technologies Inc., Huawei Technologies Co. Ltd., Cisco Systems Inc., Oracle Corporation, Hewlett Packard Enterprise Development LP, Ericsson, Nokia Corporation, NEC Corporation, VMware Inc., Palo Alto Networks, Juniper Networks Inc., Fortinet Inc., Ciena Corporation, Citrix Systems Inc., Tata Communications, Forcepoint, Riverbed Technology, Cato Networks Ltd., Versa Networks Inc., Epsilon Telecommunications, Aryaka Networks Inc., FatPipe Networks Inc., Adaptiv Networks Inc., Silver Peak Systems Inc.
North America was the largest region in the software-defined wide area network (SD-WAN) market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the software-defined wide area network (SD-WAN) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the software-defined wide area network (SD-WAN) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The software-defined wide area network (SD-WAN) market consist of revenues earned by entities by providing on-premises SD-WAN, cloud-managed SD-WAN, hybrid SD-WAN, managed SD-WAN Services, and virtual SD-WAN. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The software-defined wide area network (SD-WAN) market also includes consists of sales of edge devices, routers, gateways, switches, and network interface cards (NICs). Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Software-Defined Wide Area Network (SD-WAN) Market Characteristics3. Software-Defined Wide Area Network (SD-WAN) Market Trends And Strategies32. Global Software-Defined Wide Area Network (SD-WAN) Market Competitive Benchmarking33. Global Software-Defined Wide Area Network (SD-WAN) Market Competitive Dashboard34. Key Mergers And Acquisitions In The Software-Defined Wide Area Network (SD-WAN) Market
4. Software-Defined Wide Area Network (SD-WAN) Market - Macro Economic Scenario
5. Global Software-Defined Wide Area Network (SD-WAN) Market Size and Growth
6. Software-Defined Wide Area Network (SD-WAN) Market Segmentation
7. Software-Defined Wide Area Network (SD-WAN) Market Regional And Country Analysis
8. Asia-Pacific Software-Defined Wide Area Network (SD-WAN) Market
9. China Software-Defined Wide Area Network (SD-WAN) Market
10. India Software-Defined Wide Area Network (SD-WAN) Market
11. Japan Software-Defined Wide Area Network (SD-WAN) Market
12. Australia Software-Defined Wide Area Network (SD-WAN) Market
13. Indonesia Software-Defined Wide Area Network (SD-WAN) Market
14. South Korea Software-Defined Wide Area Network (SD-WAN) Market
15. Western Europe Software-Defined Wide Area Network (SD-WAN) Market
16. UK Software-Defined Wide Area Network (SD-WAN) Market
17. Germany Software-Defined Wide Area Network (SD-WAN) Market
18. France Software-Defined Wide Area Network (SD-WAN) Market
19. Italy Software-Defined Wide Area Network (SD-WAN) Market
20. Spain Software-Defined Wide Area Network (SD-WAN) Market
21. Eastern Europe Software-Defined Wide Area Network (SD-WAN) Market
22. Russia Software-Defined Wide Area Network (SD-WAN) Market
23. North America Software-Defined Wide Area Network (SD-WAN) Market
24. USA Software-Defined Wide Area Network (SD-WAN) Market
25. Canada Software-Defined Wide Area Network (SD-WAN) Market
26. South America Software-Defined Wide Area Network (SD-WAN) Market
27. Brazil Software-Defined Wide Area Network (SD-WAN) Market
28. Middle East Software-Defined Wide Area Network (SD-WAN) Market
29. Africa Software-Defined Wide Area Network (SD-WAN) Market
30. Software-Defined Wide Area Network (SD-WAN) Market Competitive Landscape And Company Profiles
31. Software-Defined Wide Area Network (SD-WAN) Market Other Major And Innovative Companies
35. Software-Defined Wide Area Network (SD-WAN) Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Software-Defined Wide Area Network (SD-WAN) Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on software-defined wide area network (SD-WAN) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Measure the impact of high global inflation on market growth.
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- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for software-defined wide area network (SD-WAN) ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The software-defined wide area network (SD-WAN) market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Component Type: Solutions; Services2) By Deployment Mode: Premise; Cloud; Hybrid
3) By Organization Size: Large Enterprises; Small-Medium Enterprises
4) By End-User Industry: Healthcare; Banking And Financial Services; Retail And Consumer Services; Manufacturing; Transport And Logistics; Information Technology (IT) And Telecommunication (Telecom); Other End-User Industries
Key Companies Mentioned: Dell Technologies Inc.; Huawei Technologies Co. Ltd.; Cisco Systems Inc.; Oracle Corporation; Hewlett Packard Enterprise Development LP
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Dell Technologies Inc.
- Huawei Technologies Co. Ltd.
- Cisco Systems Inc.
- Oracle Corporation
- Hewlett Packard Enterprise Development LP
- Ericsson
- Nokia Corporation
- NEC Corporation
- VMware Inc.
- Palo Alto Networks
- Juniper Networks Inc.
- Fortinet Inc.
- Ciena Corporation
- Citrix Systems Inc.
- Tata Communications
- Forcepoint
- Riverbed Technology
- Cato Networks Ltd.
- Versa Networks Inc.
- Epsilon Telecommunications
- Aryaka Networks Inc.
- FatPipe Networks Inc.
- Adaptiv Networks Inc.
- Silver Peak Systems Inc.
Methodology
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