Software-Defined-Wide-Area-Network Market Global Market- Overview
With the advent of technology, Software Defined Wide Area Network (SD-WAN) are witnessing a rapid revolutionary trend in last few years. Surging need for high speed connectivity and rising awareness for IoT for commercial purposes have created huge impact in the communication sector. Globally, the Software-Defined-Wide-Area-Network market is presumed to have a significant growth over the forecast period. The major driving factors for the growth of the market include increasing need for mobility services, effective management of complex network, and need of security solutions. On the other side, lack of standardization for security solutions may hamper the growth of the market.
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Software Defined Wide Area Network Market – Segmentation
The Global Software Defined Wide Area Network Market is segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
- Segmentation by Deployment: Comprises Cloud, and on-premise
- Segmentation by Component: Comprises virtual appliance, physical appliance, hardware, software and hybrid among others
- Segmentation by Application: Comprises BFSI, manufacturing, healthcare, IT, and retail among others
- Segmentation by Regions: Comprises Geographical regions – North America, Europe, Asia Pacific and Rest of the World
Some of the major players in Global Software Defined Wide Area Network Market includes Cisco Systems (U.S.), VeloCloud Inc. (U.S.), Versa Networks (U.S.), Cloudgenix Inc. (U.S.), CenturyLink, Inc. (U.S.), Silver Peak (U.S.), Talari Networks (U.S.), Viptela (), Nuage Networks (U.S.), and Ecessa Corporation (U.S.) among others.
May 2018, Vertel and Nuage Networks to partner together to launch software defined WAN (SD-WAN) services for Vertel’s government, enterprise and service provider customers for the month of July. By this deployment, Vertel will be one of the first providers in Australia to offer simplified, cloud-connected WAN services, with their customers experiencing all transferring to the cloud.
December 2017, VeloCloud™ Networks, Inc., one of the leading Cloud deployed SD-WAN company, had declared SD-WAN is further enhancing their proficiency for enterprises to extend Cloud-Delivered SD-WAN to Amazon Web Services (AWS).At present, the VeloCloud Edge is available on AWS Marketplace that integrates the elasticity and flexibility of AWS with security and streamline their operations of VeloCloud SD-WAN
September 2017, Wipro Limited, one of the leading global information technology, consulting and business process services company and CloudGenix Inc., a leading provider of Software-Defined Wide Area Networking (SD-WAN) products, partnered to provide open and managed SD-WAN services. The services named as WAN Freedom, enterprise customers to rapidly deploy cloud, SaaS (Software as a Service) and data centre applications over any combination of MPLS (Multiprotocol Label Switching), Internet broadband and LTE (Long Term Evolution) networks, which offers enhanced user experience and reduces administrative cost.
Software Defined Wide Area Network Market: Regional Analysis
Based on geography, the global SD-WAN (software-defined wide area network) market can be segmented into North America, Europe, Asia Pacific, and the Middle East and Africa. Among these North America occupies the major share due to fast adoption of SDWAN in BFSI sector. Due to the large presence of prominent players in North America, the region is expected to grow over the coming years. Asia-Pacific is the fastest growing region due to growing investment of major players in the region and therefore is expected to grow with a highest growth rate.
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- Application development service providers
- Network providers
- Training & education sector
- Data integration service providers
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