Global Software-defined Wide Area Network (SD-WAN) Market 2024-2028
The software-defined wide area network (SD-WAN) market is forecasted to grow by USD 13.66 bn during 2023-2028, accelerating at a CAGR of 29.02% during the forecast period. The report on the software-defined wide area network (SD-WAN) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for cloud solutions, surge in digital transformation, and growing popularity of SD-WAN as a service.
Technavio's software-defined wide area network (SD-WAN) market is segmented as below:
By Product
By End-user
- Service providers
- Enterprise customers
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the optimization of networks using advanced technologies such as AI as one of the prime reasons driving the software-defined wide area network (SD-WAN) market growth during the next few years. Also, demand for ucaas platform along with SD-WAN and business strategies undertaken by market vendors will lead to sizable demand in the market.
The report on the software-defined wide area network (SD-WAN) market covers the following areas:
- Software-defined wide area network (SD-WAN) market sizing
- Software-defined wide area network (SD-WAN) market forecast
- Software-defined wide area network (SD-WAN) market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading software-defined wide area network (SD-WAN) market vendors that include Arista Networks Inc., Aryaka Networks Inc., Bigleaf Networks Inc., Cato Networks Ltd., Cisco Systems Inc., Citrix Systems Inc., FatPipe Networks Inc., flexiWAN Ltd. , Forcepoint LLC, Fortinet Inc., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., Juniper Networks Inc., Lumen Technologies Inc., Nokia Corp., Oracle Corp., Palo Alto Networks Inc., Riverbed Technology Inc., Versa Networks Inc., and VMware Inc.. Also, the software-defined wide area network (SD-WAN) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.