Worldwide Software Defined Wide Area Network Market Expected to Grow at a CAGR 90.2% By 2022

“Software Defined Wide Area Network Market”
WiseGuyReports announced addition of new report, titled “Software Defined Wide Area Network Market 2016-2022”.

 

The Software Defined Wide Area Network (SD-WAN) is a rising solution for networking. The main focus is on simplifying and improving connectivity between offices. It allows administrators to manage the WAN, identify and address service issues, owing to its secure and improved internet connectivity. It allows administrators to manage the WAN, identify and address server issues, owing to its secure and improved internet connectivity. Businesses can manage their connections between the internet, external cloud services, data center and sites with help of SD-WAN (Software Defined Wide Area Network). 

The technology has been gaining attention due to its operational benefits and huge cost savings over traditional WAN infrastructure. A few benefits are the elimination of the need for hardware and overall business growth through integration of hardware and software.

According to research report, global Software Defined Wide Area Network (SD-WAN) market will grow a CAGR of around 90.2% during the forecast period 2016–2022.

 

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The market research report on global Software-Defined Wide Area Network (SD-WAN) provides a complete overview of the entire summit of the industry, the report aims to offer players the opportunity to understand the latest trends, current market conditions, government initiatives and market-related technologies. Apart from this, the entrepreneurs help the capitalists to understand and make informed decisions.

Using Software-Defined Network (SDN) in the data center, we are getting strong interest with SD-WAN. It is expected that in the next 5 years, many organizations will carry out SD-van solutions for the development of networking solutions.

Operational cost reduction is a major driver for growth SD-WAN. There is an increased interest in organizations and many new startups after the probability of the SD-WAN market. Increased demand for enterprises for more flexible, open and cloud-based WAN technologies.

North America will be the largest market. Followed by Europe and Asia in the Pacific. In the coming two years, expected to increase the cost of SD-WAN in emerging areas like Latin America and MEA.

The key players covered in this report are VeloCloud Networks, Inc., Viptela, Inc., CloudGenix, Citrix System, Nuage Networks, Cisco Systems, Versa networks, etc.

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