The Europe Managed SD-WAN Services Market size is estimated at USD 1.12 billion in 2024, and is expected to reach USD 3.38 billion by 2029, growing at a CAGR of 24.70% during the forecast period (2024-2029).
The European managed SD-WAN services market is currently experiencing robust growth. SD-WAN presents telecommunication firms with a chance to shift from merely offering connectivity to becoming technology-focused service providers. Securing a prominent role in the SD-WAN platform arena positions providers as leaders in underlay, security, LAN, UCaaS, and voice services and facilitates a smooth transition into telecom expense management.
The European managed SD-WAN services market is fragmented in nature. Some major players in the market studied are Cisco Systems Inc., Vodafone Group PLC, NTT Limited, and Palo Alto Networks. Players in the market are adopting strategies such as partnerships, agreements, innovations, and acquisitions to enhance their service offerings and gain sustainable competitive advantage.
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