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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Industry News
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.
Key Players:
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.
Software-Defined-Wide-Area-Network Market Global Market – Segmentation
- Segmentation by Component: Virtual appliance, Physical appliance, and Hybrid.
- Segmentation by Deployment: On-Cloud and on-Premises.
- Segmentation by Services: Managed services, and Professional services
- Segmentation by Application: Banking, Financial Services and Insurance (BFSI), Retail, Healthcare, Government, IT & Telecom, Manufacturing, and Others (Oil & Gas and Mining & Transportation).
- Segmentation by Region: North America, Europe, Asia Pacific, and the Rest of the World
Software-Defined-Wide-Area-Network Market Global Market – Regional Analysis
Geographically, the Software-Defined-Wide-Area-Network market are categorized into four regions namely North America, Europe, Asia Pacific, and Rest of the World.
North America is expected to dominate the global Software-Defined-Wide-Area-Network market with the largest market share in the region. The U.S and Canada are the leading countries are leading countries in the region. The market growth is due to increase in need for bandwidth requirements and rising demand for highly efficient networking architecture. Asia Pacific is considered to be the fastest growing region in the Software-Defined-Wide-Area-Network. China, Taiwan, South Korea, Japan, India are leading countries in the region. The market growth is attributed to rising implementation of SD-WAN which include the surging need to central network management and lowering the administrating and operating cost.
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