Market Overview:
The global SD-WAN market is expected to grow from USD 2.02 billion in 2018 to USD 11.14 billion by 2030, at a CAGR of 27.5% during the forecast period. The growth of the SD-WAN market can be attributed to the increasing demand for bandwidth and rising need for network agility and flexibility across enterprises. Based on type, the global SD-WAN market is segmented into virtual appliance, physical appliance, and hybrid appliance. The virtual appliance segment is expected to account for the largest share of the global SD-WAN market in 2018.
Product Definition:
SD-WAN is a term used for software-defined wide area networking. SD-WAN technology allows companies to manage and optimize their network traffic across multiple WAN connections, including both private and public networks. SD-WAN can help businesses save money on WAN costs, improve performance, and increase reliability.
Virtual Appliance:
Virtual appliance is a software-based model used to create an image of an appliance for installing it in another location. It's major use cases are in SD-WAN and cloud computing. Virtual appliances help reduce the cost associated with physical hardware, provide flexibility, increase reliability and also allow faster time to market among other benefits.
Physical Appliance:
Physical appliance is a device that assists the human body in performing daily activities easily. It can be used by people of all ages and abilities, but it's most commonly associated with geriatrics or elderly population due to its ease of use. Physical appliances include wheelchairs, canes, crutches, walkers & rollators (self-propelled), and scooters.
Application Insights:
The banking, financial services and insurance (BFSI) segment accounted for the largest market share in 2017. The growth of this segment is attributed to the fact that most of the service providers are adopting a virtualized infrastructure and moving towards a software-defined networking (SD-WAN) solution to offload network functions from their mainframes. This has led to improved performance, increased scalability, and cost savings for organizations within this industry vertical.
The retail sector is expected to emerge as one of the fastest-growing application segments over the forecast period owing to factors such as increasing cloud adoption by retailers coupled with an increase in demand for real-time analytics applications across various industries including retail. Furthermore, rising penetration of 4G LTE technology has enabled retailers with enhanced mobile data connectivity which can be used for advanced customer engagement strategies such as store openings hours & location tracking via mobile phones or tablets.
Regional Analysis:
North America dominated the overall market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period as well owing to early adoption of technologies and presence of a large number of market players. Asia Pacific, on the other hand, is anticipated to grow at a lucrative CAGR during the same period. This growth can be attributed primarily to increasing demand for high-speed internet services along with rising deployment activities for SD-WAN solutions in this region.
The North American regional market accounted for more than 35% share in 2017 owing to early technology adoption by service providers such as Verizon Communications Inc., AT&T Inc.
Growth Factors:
- Increased demand for bandwidth and higher throughput requirements due to the proliferation of IoT devices and applications.
- The need for businesses to reduce WAN costs while improving performance and reliability.
- SD-WAN's ability to simplify network management and improve visibility into network traffic patterns.
- The growing popularity of cloud-based services and the need for businesses to have a secure, reliable connection between their data centers and clouds providers' datacenters 5
Scope Of The Report
Report Attributes
Report Details
Report Title
SD-WAN Market Research Report
By Type
Virtual Appliance, Physical Appliance, Hybrid Appliance
By Application
BFSI, Retail, Healthcare, Government, IT & Telecom, Manufacturing, Others
By Companies
Cisco, Citrix System, Aryaka Networks, Cloudgenix, Ecessa, Silver Peak Systems, Velocloud, Viptela, Elfiq Networks, Peplink, Versa Networks
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global SD-WAN Market Report Segments:
The global SD-WAN market is segmented on the basis of:
Types
Virtual Appliance, Physical Appliance, Hybrid Appliance
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
BFSI, Retail, Healthcare, Government, IT & Telecom, Manufacturing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cisco
- Citrix System
- Aryaka Networks
- Cloudgenix
- Ecessa
- Silver Peak Systems
- Velocloud
- Viptela
- Elfiq Networks
- Peplink
- Versa Networks
Highlights of The SD-WAN Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Virtual Appliance
- Physical Appliance
- Hybrid Appliance
- By Application:
- BFSI
- Retail
- Healthcare
- Government
- IT & Telecom
- Manufacturing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the SD-WAN Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
SD-WAN is a term used to describe the deployment of a network that uses optical fiber and SDN technology. SD-WAN allows organizations to improve their agility, scalability, and security by moving away from traditional WAN technologies such as leased lines and circuit switching.
Some of the major players in the sd-wan market are Cisco, Citrix System, Aryaka Networks, Cloudgenix, Ecessa, Silver Peak Systems, Velocloud, Viptela, Elfiq Networks, Peplink, Versa Networks.
The sd-wan market is expected to grow at a compound annual growth rate of 27.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 SD-WAN Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 SD-WAN Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 SD-WAN Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the SD-WAN Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global SD-WAN Market Size & Forecast, 2018-2028
4.5.1 SD-WAN Market Size and Y-o-Y Growth
4.5.2 SD-WAN Market Absolute $ Opportunity
Chapter 5 Global SD-WAN Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 SD-WAN Market Size Forecast by Type
5.2.1 Virtual Appliance
5.2.2 Physical Appliance
5.2.3 Hybrid Appliance
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global SD-WAN Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 SD-WAN Market Size Forecast by Applications
6.2.1 BFSI
6.2.2 Retail
6.2.3 Healthcare
6.2.4 Government
6.2.5 IT & Telecom
6.2.6 Manufacturing
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global SD-WAN Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 SD-WAN Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America SD-WAN Analysis and Forecast
9.1 Introduction
9.2 North America SD-WAN Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America SD-WAN Market Size Forecast by Type
9.6.1 Virtual Appliance
9.6.2 Physical Appliance
9.6.3 Hybrid Appliance
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America SD-WAN Market Size Forecast by Applications
9.10.1 BFSI
9.10.2 Retail
9.10.3 Healthcare
9.10.4 Government
9.10.5 IT & Telecom
9.10.6 Manufacturing
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe SD-WAN Analysis and Forecast
10.1 Introduction
10.2 Europe SD-WAN Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe SD-WAN Market Size Forecast by Type
10.6.1 Virtual Appliance
10.6.2 Physical Appliance
10.6.3 Hybrid Appliance
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe SD-WAN Market Size Forecast by Applications
10.10.1 BFSI
10.10.2 Retail
10.10.3 Healthcare
10.10.4 Government
10.10.5 IT & Telecom
10.10.6 Manufacturing
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific SD-WAN Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific SD-WAN Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific SD-WAN Market Size Forecast by Type
11.6.1 Virtual Appliance
11.6.2 Physical Appliance
11.6.3 Hybrid Appliance
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific SD-WAN Market Size Forecast by Applications
11.10.1 BFSI
11.10.2 Retail
11.10.3 Healthcare
11.10.4 Government
11.10.5 IT & Telecom
11.10.6 Manufacturing
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America SD-WAN Analysis and Forecast
12.1 Introduction
12.2 Latin America SD-WAN Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America SD-WAN Market Size Forecast by Type
12.6.1 Virtual Appliance
12.6.2 Physical Appliance
12.6.3 Hybrid Appliance
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America SD-WAN Market Size Forecast by Applications
12.10.1 BFSI
12.10.2 Retail
12.10.3 Healthcare
12.10.4 Government
12.10.5 IT & Telecom
12.10.6 Manufacturing
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) SD-WAN Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) SD-WAN Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) SD-WAN Market Size Forecast by Type
13.6.1 Virtual Appliance
13.6.2 Physical Appliance
13.6.3 Hybrid Appliance
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) SD-WAN Market Size Forecast by Applications
13.10.1 BFSI
13.10.2 Retail
13.10.3 Healthcare
13.10.4 Government
13.10.5 IT & Telecom
13.10.6 Manufacturing
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 SD-WAN Market: Competitive Dashboard
14.2 Global SD-WAN Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cisco
14.3.2 Citrix System
14.3.3 Aryaka Networks
14.3.4 Cloudgenix
14.3.5 Ecessa
14.3.6 Silver Peak Systems
14.3.7 Velocloud
14.3.8 Viptela
14.3.9 Elfiq Networks
14.3.10 Peplink
14.3.11 Versa Networks
