In its latest report on WAN Optimization Market provides a concise analysis of the recent market trends. The report further includes statistics, market forecasts and revenue estimations, which in addition highlights its status in the competitive domain as well as expansion trends adopted by major industry players.
WAN Optimization Market is valued at USD1.15 Billion in 2018 and expected to reach USD 1.63 Billion by 2025 with the CAGR of 6.13% over the forecast period.
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Scope of Global WAN OptimizationMarket Report–
The WAN optimization is a kind of technology that is used to maximize the data flow efficiencyover a wide area network (WAN) between an organization’s centralized data center and its remote sites. Optimization in an enterprise WAN aims to increase the speed at which end users can access critical applications and information by overcoming network delays, minimizing packet loss and easing the constraints of capacity. WAN optimization allows you to quickly transfer data and perform transactions, thereby speeding up network-based communications (such as email), thereby speeding up file access speed and maximizing network speed between the slots. It also improves performance and more reliable by providingfaster data recovery.The WAN optimization feature can increase network response time, allowing users to quickly regain access to critical applications after a crash. Due to the increasing use of cloud computing, network-wide applications and other technologies, businesses are facing increasing pressure on WAN settings, thereby prompting them to in optimizing their WAN. Various Businesses can significantly reduce their IT operations costs and improve user productivity by deploying WAN optimization.
Global WAN Optimization market is segmented on the basis of solution, services, deployment type, applications. Based on thesolution,the market is segmented intonetwork monitoring solution, TCP optimization solutions, hybrid network optimization solution,and application performance management.Based onservices,the market is segmented intotraining and support services,deployment and integration services, professional services.Based on deployment,the market is segmented inton-premises and cloud.Based onapplications, the market is segmented intoenterprises and network operators, communication service providers and cloud service providers
The regions covered in this WAN Optimizationmarketreport are North America, Europe, Asia-Pacific and Rest of the World. Based on the country level, market of WAN Optimizationmarketis sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players forGlobal WAN Optimization Market Report–
Key players of the WAN Optimizationmarket are Array Networks, Blue Coat Systems, Aryaka Networks Inc., Exinda, Cisco Systems, Inc., Citrix System, Inc., FatPipe Networks Inc., Infovista, Riverbed Technology, Inc., Silver Peak, Inc., Symantec (Broadcom), Virtual Graffiti, Inc. and others.
NTT East decides to choose Cisco SD-WAN to expand its “Managed SD-WAN” Services for Enterprises
On March 31th, 2020; NTT East is launching a new Managed SD-WAN service for businesses using Cisco SD-WAN supported by Viptela as part of its VPN product portfolio. The new service will help businesses solve network problems caused by the growth of mobile workers, the shortage of IT resources, and the increase in network management costs. NTT East simplifies operations by optimizing the network using Cisco cloud technology and providing customer support through the Cisco customer experience. The Cisco Customer Experience team will provide customer support to adapt, deploy and manage this new managed SD-WAN service. Cisco is pleased to partner with NTT East to provide new managed SD-WAN services to support business efficiency and advance digital conversion. Cisco to Continue to Expand High-Quality, Reliable Network Services for the Japanese Market
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Global WAN Optimization Market Dynamics-
Various changes in IT and business requirements seek greater flexibility in WAN functions, and as data traffic on the network increases, optimization techniques become more and more important, which has a positive impact on growth in the WAN optimization market. More and more clouds are used for the deployment of WAN optimization solutions, leading more and more small and medium businesses to adopt these solutions. As per cisco, cloud infrastructure spending exceeded US $ 80 billion in 2018 and cloud data center will manage 94% of workloads by year 2021. However, high initial costand the complex nature involved with WAN optimization is the key factor for restraining the growth of WAN optimization market. Also, various myths regarding WAN usage, such as WAN optimization doesn’t help public cloud applications, it is all about compression and caching or it doesn’t help uncompressible traffic like voice/video or encrypted enterprise applications etc. is hindering the growth in WAN optimization market.The introduction of advanced forms of WAN (i.e. next generation WAN optimization) offers opportunities for the global WAN optimization market. This advanced technology supports various data signals, including IP and Ethernet. In addition, it is also designed to effectively map these signals.
Asia pacificis expectedto Witness a Fastest Growth inthe Global WAN Optimization Market
North Americahas been the market leaderso far and is expected to remain dominant in future in the global WAN Optimizationmarket majorly due increase in the demand of cloud services as well as technological advances which is adopted by various organization in their working procedure. Additionally, there has been increase in the adoption of WAN Optimization hardware and services by many of the leading firms in the world which reside in US for improved functioning and data storing. According to data from International Data Corporation, the United States is the largest public cloud market, with an estimated expenditure of $ 124.6 billion in 2019 which is larger than the combination of next following four countries. Also, more than 60 software companies are from USA, which show the level of WAN optimization required here in this region.Asia pacific is expected to witness thefastest growth in the global wan optimization market asit consists of economies such as China, India, Japan, Australia and South Korea, and therefore has great potential for WAN optimization solutions. These countries have large populations, the potential benefits of wireless services, such as increased demand for mobile services and reduced operating costs, are the main drivers of WAN optimization solutions in the region
Key Benefitsfor Global WAN Optimization Market Report–
Global market report covers in depth historical and forecast analysis.
Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global market report helps to identify opportunities in market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.
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Global WAN Optimization Market Segmentation:–
Network monitoring solution
Application performance management
TCP optimization solutions
Hybrid network optimization solution
Deployment and integration services
By deployment Type:
Enterprises and network operators
Communication service providers
Cloud service providers
By Regional & Country Analysis: (North America, U.S., Canada, Europe, U.K., France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, Latin America, Brazil, Mexico, Middle East and Africa, GCC, Africa, Rest of Middle East and Africa)
Table of Content
1 Study Coverage
1.1 WAN Optimization Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global WAN Optimization Market Size
2.2 WAN Optimization Growth Rate (CAGR) 2020-2025
2.3 Analysis of Competitive Landscape
2.4 Key Trends for WAN Optimization Markets & Products
3 Market Size by Manufacturers
3.1 WAN Optimization Production by Manufacturers
3.2 WAN Optimization Revenue by Manufacturers
3.3 WAN Optimization Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans
4 WAN Optimization Production by Regions
4.1 Global WAN Optimization Production by Regions
4.2 North America
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