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Global SD-WAN Market to Witness
59.2% CAGR During 2016 – 2022

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www.psmarketresearch.com

SD-WAN Market

According to a new market research report “Global SD-WAN Market Size,
Share, Development, Growth and Demand Forecast to 2022 - Industry
Insights by Appliance (Physical and Virtual), by Implementation Type
(Outsourced and In-house) by Industry (IT & Telecom, BFSI, Healthcare,
Government, and Others) by Segment (Product and Service)” published by
P&S Market Research, the global SD WAN market is projected to reach
$9,378.6 million by 2022, growing at a CAGR of 59.2%, during 2016 - 2022.
Access Report Overview:
analysis/sd-wan-market

https://www.psmarketresearch.com/market-

SD-WAN Market

Global SD-WAN market worth $220.2 million in 2015
The study reveals that the global SD-WAN market is likely to grow from
$220.0 million in 2015 to $9,378.6 million by 2022. Due to increasing
demand for higher bandwidth and rising cost of WAN management, the
global SD-WAN market is gaining traction.

Insights on market segments
As per the findings of the research, virtual appliance led the global SD-WAN
market in 2015. Among various industries, healthcare is expected to
witness the highest growth in demand of SD-WAN solutions during the
forecast period. Among regions, SD-WAN market is expected to witness
fastest growth in demand from Asia-Pacific by 2022. With increasing inhouse WAN management complexities, outsourced deployment is expected
to continue its larger contribution to the market revenue during the
forecast period.

SD-WAN Market

North America stands as the largest SD-WAN
market
Geographically, North America has been the largest market for SD-WAN,
where the U.S. has been the largest contributor to the regional market.
China has been the major market in Asia-Pacific. In Europe, Germany is
expected to be the major contributor to the regional market.

SD-WAN Market

Evolution of cloud computing bolsters the global
SD-WAN market growth
The factors driving the growth of the market include rise of cloud computing,
need for cost-effective network management, simplified network architecture,
and increasing need for network security and visibility. Globally, increase in
migration of global enterprises from traditional WAN infrastructure to cloudbased solutions has been developing interest in software-defined wide area
network (SD-WAN). Due to high maintenance cost and network complexity,
these enterprises need affordable pricing, reliable security and ease of WAN
management. Increased managed service offerings and rise in hybrid cloud
connectivity are some of the trends observed in this market.
Globally, IT organizations need WAN optimization solutions to overcome
challenges of network performance and lower the ongoing WAN cost. SD-WAN
solution providers are continuously developing and upgrading their physical and
virtual WAN optimization product portfolio, to provide industries with
accelerated application performances.

SD-WAN Market

Increasing adoption of various cloud services, such as on-premise private
cloud, public cloud, hosted private cloud and SaaS, in enterprise IT has
resulted in a hybrid IT architecture within the enterprise network
infrastructure. Enterprises need to meet the demand for agile, costeffective, reliable and high performing business, networks connecting the
hybrid IT environment. Therefore, SD-WAN provides a mix of public internet
and private circuits to provide organizations with more network uptime,
cost reduction, secure connection from branch locations to applications in
enterprise data center and dynamic multi-path optimization for enterprise
grade performance and scalability.
Further, SD-WAN simplifies the network complexity by offering ease of
installation and effective management of many branch offices. It enables
zero-touch deployment, cloud-based centralized configuration through
templates, and automatic monitoring of bandwidth and link performance.
These SD-WAN services are simplifying the complex WAN architecture,
streamlining the tasks of IT executives by leveraging them with the task of
application management, instead of network management.

SD-WAN Market

Intelligent pathway control through SD-WAN is an opportunity for the
growth of the global market. IT industry is in demand for policy-based
routing solutions to assign path to their traffic, based on source, destination
or specific application. SD-WAN solutions offer intelligent path control by
steering traffic, based on application.
SD-WAN solutions have immense growth opportunities with its dynamic
path selection capabilities, which allow IT administrators to set up
performance threshold for various types of traffic. This ensures that critical
data and applications always use the best path, based on latency, jitter and
loss, over the available VPN tunnel in the network.

SD-WAN Market

High competition among players in the global SDWAN market
The research states that the global SD-WAN market is competitive with
many players introducing their product offerings. Some of the key players in
the global SD-WAN market are Citrix Systems, Inc., Silver Peak Inc.,
Cloudgenix, Inc., Ecessa Corporation, Viptela, Riverbed Technology, Inc.,
Mushroom Networks, Inc., VeloCloud Networks and Glue Networks.

Product launches and enhancements, and strategic partnerships have been
the major recent developments in the SD-WAN market. Vendors such as
VeloCloud, a start-up SD-WAN vendor, is competing in the global SD-WAN
market by offering hardware and virtual appliance. VeloCloud is also
offering both on-premise and cloud-based WAN management solutions,
which helps it to gain more service providers and large enterprises.

SD-WAN Market

Download report sample at:

https://www.psmarketresearch.com/market-analysis/sd-wanmarket/report-sample


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