Market Overview:
The global WAN optimization market is expected to grow from USD 2.02 billion in 2018 to USD 5.06 billion by 2030, at a CAGR of 13.5% from 2018 to 2030. The growth of the global WAN optimization market can be attributed to the increasing demand for cloud services, rising need for optimized and secured networks, and growing adoption of SD-WAN solutions. However, lack of awareness about WAN optimization solutions among enterprises is a major restraining factor for the growth of the global WAN optimization market. Based on type, the professional services segment is expected to hold the largest share of the global WAN optimization market in 2018. Professional services include consulting, design & integration, deployment & migration, and training & support services offered by service providers or system integrators with expertise in deploying and managing these solutions across different environments. The professional services segment is also projected to grow at a higher CAGR during the forecast period owing to its abilityto provide customized solutions as perthe specific needs offirmsand help reduce network congestion issues. .
Product Definition:
WAN optimization is the process of improving the performance of a wide area network (WAN) link. This can be done by reducing the amount of data that needs to be sent over the WAN, or by increasing the speed at which data can be transferred. WAN optimization can improve performance for a variety of applications, including file sharing, voice and video communications, and database access.
Professional Services:
Professional services are the set of tools and techniques that an organization uses to optimize its business operations. The organizations use these services to reduce their operational costs, increase revenues, and improve customer satisfaction. Professional service is a combination of consulting, design & implementation or training & support services offered by IT companies as well as independent software vendors (ISVs). These professionals help businesses in achieving better results from their investments made in Information Technology (IT) infrastructure through customized solutions and programs.
Cloud Services:
Cloud services are the set of on-demand remote computing resources and related solutions that allow enterprises to leverage a pool of shared hardware and software environment to run their business applications. Cloud services include virtual servers, storage, networking, application development tools as well as management consoles. It also includes SaaS (Software-as-a-Service), PaaS (Platform-as-a Service) and IaaS (Infrastructure -as -a -Service).
Application Insights:
The global WAN optimization market is segmented by application into financial services, IT and telecom, healthcare, government, media and entertainment, energy, manufacturing. retail and others. The financial services sector accounted for the largest share in 2015 owing to the growing demand for cost-effective data transmission solutions between banks across the globe. Moreover., The increasing need to reduce costs associated with expensive dedicated leased lines is also driving this industry toward adopting a more efficient solution that does not necessarily require a high level of expertise or knowledge about networking technologies.
IT and Telecom are anticipated to be one of the fastest-growing segments over the forecast period due to rising demand from small & medium-sized businesses (SMBs) in developing countries such as India., China., Vietnam., etc.
Regional Analysis:
The North American regional market dominated the global WAN optimization industry in 2016. The growth of this region can be attributed to the presence of a large number of service providers offering different types of solutions. Moreover, increasing demand for high-speed internet services and growing awareness regarding network performance are some other factors driving the growth in this region.
Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period owing to significant investments being made by various governments for upgrading or constructing new data networks across various sectors such as healthcare, government, energy & utilities, manufacturing etc.
Furthermore, an increase in spending on infrastructure development has led telecom companies worldwide including Verizon Inc., Vodafone Group; China Telecom Global; KT Corporation; China Mobile Limited; Reliance Jio (Reliance Communications) Ltd.
Growth Factors:
- Increasing demand for WAN optimization from small and medium-sized businesses (SMBs) due to the growing need for improved performance and efficiency.
- The increasing popularity of cloud computing and big data, which are placing greater demands on WAN bandwidth and resources.
- The growing number of distributed enterprises, which are requiring more efficient ways to manage their geographically dispersed networks.
- The increasing use of video applications, which are putting a strain on WAN bandwidth and resources.
- The rising cost of network bandwidth, which is motivating organizations to look for ways to optimize their networks
Scope Of The Report
Report Attributes
Report Details
Report Title
WAN Optimization Market Research Report
By Type
Professional Services, Cloud Services, Deployment and Integration Services, Training and Support Services
By Application
Financial Services, IT and Telecom, Healthcare, Government, Media and Entertainment, Energy, Manufacturing, Retail, Others
By Companies
Blue Coat Systems, CISCO Systems, Ipanema Technologies, Riverbed Technology, Silver Peak, Array Networks, Aryaka Networks, Circadence, Citrix Systems, Exinda
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
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global WAN Optimization Market Report Segments:
The global WAN Optimization market is segmented on the basis of:
Types
Professional Services, Cloud Services, Deployment and Integration Services, Training and Support Services
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
Financial Services, IT and Telecom, Healthcare, Government, Media and Entertainment, Energy, Manufacturing, Retail, 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:
- Blue Coat Systems
- CISCO Systems
- Ipanema Technologies
- Riverbed Technology
- Silver Peak
- Array Networks
- Aryaka Networks
- Circadence
- Citrix Systems
- Exinda
Highlights of The WAN Optimization 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:
- Professional Services
- Cloud Services
- Deployment and Integration Services
- Training and Support Services
- By Application:
- Financial Services
- IT and Telecom
- Healthcare
- Government
- Media and Entertainment
- Energy
- Manufacturing
- Retail
- 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 WAN Optimization 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
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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?
WAN optimization is the process of optimizing a network connection between two points. This can be done in order to improve performance or reduce costs.
Some of the major companies in the wan optimization market are Blue Coat Systems, CISCO Systems, Ipanema Technologies, Riverbed Technology, Silver Peak, Array Networks, Aryaka Networks, Circadence, Citrix Systems, Exinda.
The wan optimization market is expected to register a CAGR of 13.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 WAN Optimization 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 WAN Optimization Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 WAN Optimization 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 WAN Optimization 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 WAN Optimization Market Size & Forecast, 2018-2028
4.5.1 WAN Optimization Market Size and Y-o-Y Growth
4.5.2 WAN Optimization Market Absolute $ Opportunity
Chapter 5 Global WAN Optimization 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 WAN Optimization Market Size Forecast by Type
5.2.1 Professional Services
5.2.2 Cloud Services
5.2.3 Deployment and Integration Services
5.2.4 Training and Support Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global WAN Optimization 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 WAN Optimization Market Size Forecast by Applications
6.2.1 Financial Services
6.2.2 IT and Telecom
6.2.3 Healthcare
6.2.4 Government
6.2.5 Media and Entertainment
6.2.6 Energy
6.2.7 Manufacturing
6.2.8 Retail
6.2.9 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global WAN Optimization 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 WAN Optimization 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 WAN Optimization Analysis and Forecast
9.1 Introduction
9.2 North America WAN Optimization 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 WAN Optimization Market Size Forecast by Type
9.6.1 Professional Services
9.6.2 Cloud Services
9.6.3 Deployment and Integration Services
9.6.4 Training and Support Services
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 WAN Optimization Market Size Forecast by Applications
9.10.1 Financial Services
9.10.2 IT and Telecom
9.10.3 Healthcare
9.10.4 Government
9.10.5 Media and Entertainment
9.10.6 Energy
9.10.7 Manufacturing
9.10.8 Retail
9.10.9 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 WAN Optimization Analysis and Forecast
10.1 Introduction
10.2 Europe WAN Optimization 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 WAN Optimization Market Size Forecast by Type
10.6.1 Professional Services
10.6.2 Cloud Services
10.6.3 Deployment and Integration Services
10.6.4 Training and Support Services
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 WAN Optimization Market Size Forecast by Applications
10.10.1 Financial Services
10.10.2 IT and Telecom
10.10.3 Healthcare
10.10.4 Government
10.10.5 Media and Entertainment
10.10.6 Energy
10.10.7 Manufacturing
10.10.8 Retail
10.10.9 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 WAN Optimization Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific WAN Optimization 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 WAN Optimization Market Size Forecast by Type
11.6.1 Professional Services
11.6.2 Cloud Services
11.6.3 Deployment and Integration Services
11.6.4 Training and Support Services
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 WAN Optimization Market Size Forecast by Applications
11.10.1 Financial Services
11.10.2 IT and Telecom
11.10.3 Healthcare
11.10.4 Government
11.10.5 Media and Entertainment
11.10.6 Energy
11.10.7 Manufacturing
11.10.8 Retail
11.10.9 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 WAN Optimization Analysis and Forecast
12.1 Introduction
12.2 Latin America WAN Optimization 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 WAN Optimization Market Size Forecast by Type
12.6.1 Professional Services
12.6.2 Cloud Services
12.6.3 Deployment and Integration Services
12.6.4 Training and Support Services
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 WAN Optimization Market Size Forecast by Applications
12.10.1 Financial Services
12.10.2 IT and Telecom
12.10.3 Healthcare
12.10.4 Government
12.10.5 Media and Entertainment
12.10.6 Energy
12.10.7 Manufacturing
12.10.8 Retail
12.10.9 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) WAN Optimization Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) WAN Optimization 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) WAN Optimization Market Size Forecast by Type
13.6.1 Professional Services
13.6.2 Cloud Services
13.6.3 Deployment and Integration Services
13.6.4 Training and Support Services
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) WAN Optimization Market Size Forecast by Applications
13.10.1 Financial Services
13.10.2 IT and Telecom
13.10.3 Healthcare
13.10.4 Government
13.10.5 Media and Entertainment
13.10.6 Energy
13.10.7 Manufacturing
13.10.8 Retail
13.10.9 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 WAN Optimization Market: Competitive Dashboard
14.2 Global WAN Optimization Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Blue Coat Systems
14.3.2 CISCO Systems
14.3.3 Ipanema Technologies
14.3.4 Riverbed Technology
14.3.5 Silver Peak
14.3.6 Array Networks
14.3.7 Aryaka Networks
14.3.8 Circadence
14.3.9 Citrix Systems
14.3.10 Exinda
