Market Overview:
The global wide area network optimization market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for WAN optimization solutions and services across different industries. The BFSI sector is expected to account for the largest share of the global wide area network optimization market in 2018, followed by healthcare, IT & telecom, manufacturing and retail, and other industries. North America is expected to account for the largest share of the global wide area network optimization market in 2018, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
Wide Area Network Optimization is the process of improving the performance of a Wide Area Network. The importance of Wide Area Network Optimization is that it can improve performance and reliability, which can lead to increased productivity and cost savings.
Solution:
Solution is a set of techniques and tools that help to optimize WAN (wide area network) performance. It helps in reducing the time, distance, and costs involved in data transmission over a network. Solutions are used by service providers as well as enterprises for optimizing their networks.
Services:
The global services and it's usage in wide area network optimization market is expected to witness significant growth over the forecast period. The growing demand for cloud-based solutions, increasing adoption of service-oriented architecture (SOA), and rising trends of virtualization are some major factors driving the market.
Application Insights:
The other application segment includes public sector, education, transportation and logistics, media & entertainment, and others. Other applications are expected to register a significant CAGR of XX% from 2018 to 2030 owing to the growing demand for WAN optimization services in these sectors. The need for improved communication between offices is increasing with the growth of business activities globally as most businesses have established their office at different locations across various countries. This has led to an increase in demand for wide area network (WAN) optimization services by other applications such as telecommunication and IT-related industries.
The banking, financial services & insurance (BFSI) sector accounted for a considerable share in 2016 owing to the high number of remote working locations coupled with mobile workforce deployment strategies adopted by major banks worldwide including Barclays Plc., Credit Suisse Group AG., UBS AG., Bank Of America Corporation., etc.
Regional Analysis:
The North American region dominated the global wide area network optimization market in 2017. The growth can be attributed to the increasing number of small and medium enterprises (SMEs) in this region. SMEs are increasingly adopting cloud technologies owing to their benefits such as cost reduction, improved productivity, enhanced customer experience, and increased flexibility. Thus, an increase in adoption of cloud technologies by SMEs is expected to fuel regional growth over the forecast period.
Asia Pacific is projected to emerge as a lucrative regional market during the same period owing to increasing investments by various governments for implementation of high-speed internet infrastructure coupled with growing demand from residential customers for high bandwidth connectivity services over wide areas at low costs and with minimal delay across countries within this region.
Growth Factors:
- Increasing demand for bandwidth-intensive applications and services such as video streaming, online gaming, and cloud-based services is expected to drive the growth of the Wide Area Network Optimization market.
- The growing trend of Bring Your Own Device (BYOD) is also anticipated to fuel the demand for Wide Area Network Optimization solutions in enterprises.
- Rapid urbanization and increasing number of data centers are also expected to boost the growth of this market in the coming years.
- Rising concerns over security and privacy issues are likely to create opportunities for Wide Area Network Optimization providers in the near future.
- Growing awareness about benefits offered by Wide Area Network Optimization solutions is projected to propel its adoption among businesses worldwide in the next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Wide Area Network Optimization Market Research Report
By Type
Solution, Services
By Application
BFSI, Healthcare, IT & Telecom, Manufacturing and Retail, Other
By Companies
Array Networks, Aryaka Networks, Blue Coat System, Broadcom, Circadence Corporation, Cisco, Citrix, Exinda, FatPipe Networks, Fortinet, HPE, Infovista Corporation, NTT Communications, Riverbed Technology, Sangfor Technologies, Versa Networks, Vmware
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
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Wide Area Network Optimization Market Report Segments:
The global Wide Area Network Optimization market is segmented on the basis of:
Types
Solution, 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
BFSI, Healthcare, IT & Telecom, Manufacturing and Retail, Other
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:
- Array Networks
- Aryaka Networks
- Blue Coat System
- Broadcom
- Circadence Corporation
- Cisco
- Citrix
- Exinda
- FatPipe Networks
- Fortinet
- HPE
- Infovista Corporation
- NTT Communications
- Riverbed Technology
- Sangfor Technologies
- Versa Networks
- Vmware
Highlights of The Wide Area Network 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:
- Solution
- Services
- By Application:
- BFSI
- Healthcare
- IT & Telecom
- Manufacturing and Retail
- Other
- 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 Wide Area Network 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.
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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?
Wide Area Network Optimization (WANO) is a process that helps optimize the performance of a network by identifying and addressing problems. WANO can help improve network throughput, reduce latency, and increase reliability.
Some of the major players in the wide area network optimization market are Array Networks, Aryaka Networks, Blue Coat System, Broadcom, Circadence Corporation, Cisco, Citrix, Exinda, FatPipe Networks, Fortinet, HPE, Infovista Corporation, NTT Communications, Riverbed Technology, Sangfor Technologies, Versa Networks, Vmware.
The wide area network optimization market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wide Area Network 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 Wide Area Network Optimization Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wide Area Network 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 Wide Area Network 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 Wide Area Network Optimization Market Size & Forecast, 2018-2028
4.5.1 Wide Area Network Optimization Market Size and Y-o-Y Growth
4.5.2 Wide Area Network Optimization Market Absolute $ Opportunity
Chapter 5 Global Wide Area Network 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 Wide Area Network Optimization Market Size Forecast by Type
5.2.1 Solution
5.2.2 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wide Area Network 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 Wide Area Network Optimization Market Size Forecast by Applications
6.2.1 BFSI
6.2.2 Healthcare
6.2.3 IT & Telecom
6.2.4 Manufacturing and Retail
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wide Area Network 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 Wide Area Network 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 Wide Area Network Optimization Analysis and Forecast
9.1 Introduction
9.2 North America Wide Area Network 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 Wide Area Network Optimization Market Size Forecast by Type
9.6.1 Solution
9.6.2 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 Wide Area Network Optimization Market Size Forecast by Applications
9.10.1 BFSI
9.10.2 Healthcare
9.10.3 IT & Telecom
9.10.4 Manufacturing and Retail
9.10.5 Other
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 Wide Area Network Optimization Analysis and Forecast
10.1 Introduction
10.2 Europe Wide Area Network 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 Wide Area Network Optimization Market Size Forecast by Type
10.6.1 Solution
10.6.2 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 Wide Area Network Optimization Market Size Forecast by Applications
10.10.1 BFSI
10.10.2 Healthcare
10.10.3 IT & Telecom
10.10.4 Manufacturing and Retail
10.10.5 Other
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 Wide Area Network Optimization Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wide Area Network 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 Wide Area Network Optimization Market Size Forecast by Type
11.6.1 Solution
11.6.2 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 Wide Area Network Optimization Market Size Forecast by Applications
11.10.1 BFSI
11.10.2 Healthcare
11.10.3 IT & Telecom
11.10.4 Manufacturing and Retail
11.10.5 Other
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 Wide Area Network Optimization Analysis and Forecast
12.1 Introduction
12.2 Latin America Wide Area Network 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 Wide Area Network Optimization Market Size Forecast by Type
12.6.1 Solution
12.6.2 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 Wide Area Network Optimization Market Size Forecast by Applications
12.10.1 BFSI
12.10.2 Healthcare
12.10.3 IT & Telecom
12.10.4 Manufacturing and Retail
12.10.5 Other
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) Wide Area Network Optimization Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wide Area Network 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) Wide Area Network Optimization Market Size Forecast by Type
13.6.1 Solution
13.6.2 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) Wide Area Network Optimization Market Size Forecast by Applications
13.10.1 BFSI
13.10.2 Healthcare
13.10.3 IT & Telecom
13.10.4 Manufacturing and Retail
13.10.5 Other
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 Wide Area Network Optimization Market: Competitive Dashboard
14.2 Global Wide Area Network Optimization Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Array Networks
14.3.2 Aryaka Networks
14.3.3 Blue Coat System
14.3.4 Broadcom
14.3.5 Circadence Corporation
14.3.6 Cisco
14.3.7 Citrix
14.3.8 Exinda
14.3.9 FatPipe Networks
14.3.10 Fortinet
14.3.11 HPE
14.3.12 Infovista Corporation
14.3.13 NTT Communications
14.3.14 Riverbed Technology
14.3.15 Sangfor Technologies
14.3.16 Versa Networks
14.3.17 Vmware
