Software-Defined Wide Area Network (SD-WAN) Market Size - By Component (Solution [Physical Appliance, Virtual Appliance], Service [Training & Consulting, Integration & Maintenance, Managed]), By Deployment Model, By Application & Forecast, 2024 - 2032
Global Software-Defined Wide Area Network (SD-WAN) Market size will grow at a 5.2% CAGR from 2024 to 2032, fueled by the increasing adoption of advanced security solutions and ongoing digital transformation. As businesses embrace cloud services and IoT technologies, the demand for secure and agile network infrastructure rises. SD-WAN, with its ability to provide centralized security measures and support for encryption, aligns perfectly with these needs. Companies prioritize network optimization, cost savings, and scalability, all of which SD-WAN offers. This convergence of security and digital transformation will fuel the expansion of the SD-WAN industry.
For instance, in June 2023, Vi Business, the enterprise division of Vodafone Idea, introduced the Hybrid SD-WAN (Software Defined Wide Area Network) solution targeting modern enterprises and businesses. This offering caters to companies looking for cost-effective yet advanced security measures in their network infrastructure.
The software-defined wide area network (SD-WAN) industry is segmented based on component, deployment model, end-use, and region.
The IT and telecom segment will amass a substantial share by 2032 due to the sector's increasing reliance on advanced networking solutions for efficient operations. With the growing demand for secure, scalable, and high-performance networks, the IT and telecom industries prioritize SD-WAN adoption. The need to manage diverse applications and ensure seamless connectivity across multiple locations further boosts this trend. As businesses embrace digital transformation, the IT and telecom segment will emerge as pivotal drivers in reshaping modern networking landscapes.
The SD-WAN market size from the hybrid segment will see a notable surge through 2032, primarily attributed to the flexibility it offers, allowing businesses to combine private and public networks for optimized performance and cost efficiency. With hybrid SD-WAN solutions, organizations can seamlessly integrate existing infrastructure with cloud-based applications, catering to diverse needs. As companies prioritize agility and scalability, the hybrid approach stands out for its ability to provide reliable connectivity across various locations. This focus will position the hybrid segment as a key player in shaping the SD-WAN market.
Asia Pacific SD-WAN industry will record a significant CAGR by 2032, driven by rapid digitalization and expanding IT infrastructure. Countries like China, India, and Japan lead this surge, adopting SD-WAN to enhance network efficiency and reduce costs. The region's diverse industries, ranging from healthcare to banking, seek agile and secure network solutions. Providers are tailoring offerings to meet these needs, attracting significant investments. With a dynamic market landscape and increasing demand, Asia Pacific will stand as a major contributor to the growth of the software-defined wide area network (SD-WAN) industry.
- Chapter 1 Methodology & Scope
- 1.1 Market scope & definitions
- 1.2 Base estimates & calculations
- 1.3 Forecast calculations
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
- Chapter 2 Executive Summary
- 2.1 Industry 360 Degree synopsis, 2018-2032
- Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Supplier landscape
- 3.2.1 Software providers
- 3.2.2 Service providers
- 3.2.3 System integrators
- 3.2.4 Distribution channel
- 3.2.5 End users
- 3.3 Profit margin analysis
- 3.4 Technology & innovation landscape
- 3.5 Patent analysis
- 3.6 Key news & initiatives
- 3.7 Regulatory landscape
- 3.8 Impact forces
- 3.8.1 Growth drivers
- 3.8.1.1 Increased adoption of SD-WAN in manufacturing due to rising IoT trend
- 3.8.1.2 Growing need among organizations to simplify network management
- 3.8.1.3 Implementation of SDWAN for CAPEX and OPEX savings
- 3.8.1.4 Increased business agility and responsiveness
- 3.8.1.5 Rapid migration toward cloud-based applications
- 3.8.2 Industry pitfalls & challenges
- 3.8.2.1 Lack of skilled professionals
- 3.8.2.2 Issues related to operationalization of hybrid networks
- 3.9 Growth potential analysis
- 3.10 Porter’s analysis
- 3.10.1 Supplier power
- 3.10.2 Buyer power
- 3.10.3 Threat of new entrants
- 3.10.4 Threat of substitutes
- 3.10.5 Industry rivalry
- 3.11 PESTEL analysis
- Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
- Chapter 5 Market Estimates & Forecast, By Component, 2018-2032 ($Bn)
- 5.1 Key trends
- 5.2 Solution
- 5.2.1 Physical appliance
- 5.2.2 Virtual appliance
- 5.3 Service
- 5.3.1 Training & consulting
- 5.3.2 Integration & maintenance
- 5.3.3 Managed service
- Chapter 6 Market Estimates & Forecast, By Deployment Model, 2018-2032 ($Bn)
- 6.1 Key trends
- 6.2 On-premises
- 6.3 Cloud
- 6.4 Hybrid
- Chapter 7 Market Estimates & Forecast, By End Use, 2018-2032 ($Bn)
- 7.1 Key trends
- 7.2 IT & telecom
- 7.3 BFSI
- 7.4 Healthcare
- 7.5 Retail & consumer goods
- 7.6 Government
- 7.7 Manufacturing
- 7.8 Others
- Chapter 8 Market Estimates & Forecast, By Region, 2018-2032 ($Bn)
- 8.1 Key trends
- 8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
- 8.3 Europe
- 8.3.1 UK
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Spain
- 8.3.6 Netherlands
- 8.3.7 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 Australia
- 8.4.5 South Korea
- 8.4.6 Southeast Asia
- 8.4.7 Rest of Asia Pacific
- 8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
- 8.5.4 Rest of Latin America
- 8.6 MEA
- 8.6.1 South Africa
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Rest of MEA
- Chapter 9 Company Profiles
- 9.1 Aruba Networks, Inc.
- 9.2 Aryaka Networks, Inc.
- 9.3 Cisco Systems, Inc.
- 9.4 Citrix Systems, Inc.
- 9.5 Extreme Networks, Inc.
- 9.6 Fortinet, Inc.
- 9.7 Hewlett Packard Enterprise Company
- 9.8 Huawei Technologies Co., Ltd.
- 9.9 Juniper Networks, Inc.
- 9.10 Martello Technologies Group Inc.
- 9.11 Oracle Corporation
- 9.12 Palo Alto Networks, Inc.
- 9.13 Peplink International Ltd.
- 9.14 Pineapple Holding, Inc.
- 9.15 Riverbed Technology, Inc.
- 9.16 Silver Peak Systems, Inc.
- 9.17 Talari Networks, Inc.
- 9.18 Versa Networks, Inc.
- 9.19 VMware, Inc.
- 9.20 ZTE Corporation
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