Software-Defined Wide Area Network (SD-WAN) Market Size
Market Outlook:
Base Year Value (2023)
USD 7.27 Billion
CAGR (2024-2032)
27.1%
Forecast Year Value (2032)
USD 62.93 Billion
Historical Data Period
2019-2023
Largest Region
North America
Forecast Period
2024-2032
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Market Dynamics:
Growth Drivers & Opportunity:The software-defined wide area network (SD-WAN) market is experiencing significant growth due to increasing adoption of cloud applications and services among businesses. The need for efficient and reliable connectivity between branch offices and data centers is driving the demand for SD-WAN solutions. Additionally, the rising trend of remote working and virtual collaboration is fuelling the deployment of SD-WAN technologies to ensure seamless and secure access to corporate networks.
Industry
Report Scope
| Report Coverage | Details |
|---|---|
| Segments Covered | Component, Deployment Model, End Use |
| Regions Covered | • North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA) |
| Company Profiled | Aruba Networks,, Aryaka Networks,, Cisco Systems,, Citrix Systems,, Extreme Networks,, Fortinet,, Hewlett Packard Enterprise Company, Huawei Technologies, Juniper Networks,, Martello Technologies Group, Oracle, Palo Alto Networks,, Peplink International., Pineapple Holding,, Riverbed Technology,, Silver Peak Systems,, Talari Networks,, Versa Networks,, VMware,, ZTE |
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The complexity and costs associated with implementing SD-WAN solutions pose a major restraint for market growth. Many organizations face challenges in integrating SD-WAN with existing network infrastructure, leading to disruptions and delays in deployment. Moreover, the lack of skilled IT professionals proficient in managing SD-WAN solutions creates a barrier for widespread adoption, hindering market expansion.
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