Managed SD-WAN Services, Europe, 2023

Managed SD-WAN Services, Europe, 2023

Managed SD-WAN Services are Unlocking the Future Growth Potential of European Network Service Providers

The managed SD-WAN services market in Europe is in its growth phase. Europe ranks second in the customer adoption of managed SD-WAN services, just behind North America, in the global managed SD-WAN services market. The managed SD-WAN market revenue in Europe is expected to exceed $724 million in 2022, with a year-over-year (YoY) growth of 56.9%. The market is expected to have a compound annual growth rate (CAGR) of 28.1% from 2022 to 2027.

SD-WAN gives telecommunication companies an opportunity to transform from being connectivity-only providers to technology-centric service providers. Establishing a leadership position in the SD-WAN platform space can help providers lead in the underlay, security, local area network (LAN), unified-communications-as-a-service (UCaaS), and voice services segments and enable them to transition into telecom expense management.

In this report, Frost & Sullivan provides market analysis for the managed SD-WAN services market in Europe. The report includes market drivers, restraints, and forecasts for market revenue and customer sites. The base year is 2022, and the forecast period is 2023–2027.

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