Software Defined Wide Area Network Market Size, Share | 2031
Software Defined Wide Area Network Market Size, Share | 2031
Segments - Software-defined Wide Area Network Market by Components (Solution [Appliances and Software] and Services [Consulting, Training & Support, and Implementation]), Deployments (Cloud and On-premises), Organization Sizes (Large Enterprises and SMEs), End-users (Service Providers and Verticals [Retail, BFSI, Manufacturing, Healthcare, Transportation & Logistics, Energy & Utilities, Government, and Others]), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :ICT-SE-2893
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Report Description
Software-defined Wide Area Network Market Outlook 2031
The global software-defined wide area network market size was valued at USD 2.53 Billion in 2022 and is anticipated to reach USD 23.85 Billion by 2031, expanding at a CAGR of 28.31% during the forecast period, 2023-2031.
Software-defined wide area network (SD-WAN) is a unique software of software-defined networking (SDN) platform that applies to WAN connections such as long-term elaboration, multiprotocol marker switching, or broadband internet. The top functioning of the SD-WAN is to join enterprise networks, its information centers, and department workplaces over a considerable geographic distance.
Software-defined Wide Area Network Market Trends, Drivers, Restraints, and Opportunities
- Rising interest for mobility/portability administrations for effective handling of large volume of business operations is driving the market growth.
- Growing adoption of cloud computing platforms to allow secure and protection of data and a large volume of information is a key factor driving the market development.
- Unwavering quality issues in SD-WAN and high cost of using advanced software networking platforms are the main restraining factors, which can hamper the market growth in the coming years.
- Issues such as security concerns and violation of user privacy can limit the market growth.
- Expanding digital network traffic and rapid development of advanced cloud technology are key factors offering immense market growth opportunities.
Scope of Software-defined Wide Area Network Market Report
The report on the global software-defined wide area network market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
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Attributes |
Details |
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Report Title |
Software-defined Wide Area Network Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Components (Solution [Appliances and Software] and Services [Consulting, Training & Support, and Implementation]), Deployments (Cloud and On-premises), Organization Sizes (Large Enterprises and SMEs), End-users (Service Providers and Verticals [Retail, BFSI, Manufacturing, Healthcare, Transportation & Logistics, Energy & Utilities, Government, and Others]) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Cisco; VMware; Silver Peak; Aryaka Networks; Nokia; Adaptiv Networks; Peplink; Lavelle Networks; Martello Technologies; Mushroom Networks; and Zenlayer |
Software-defined Wide Area Network Market Segment Insights
Components Segment Analysis
Based on components, the global software-defined wide area network market bifurcated into solution and services. The solution segment is further divided into appliances and software while the services segment consists of consulting, training & support, and implementation.
The software segment is anticipated to register a high growth rate in the coming years owing to rapidly growing adoption of various advanced digital networking software among various industries.
These software programs provide scalability, flexibility, or fastness of the network for various business operations. SDN controllers consign centralized management to organizations, which in turn, improving the normal network efficiency.
Deployment Segment Analysis
On the basis of deployments, the market is segregated into cloud and on-premises. The cloud segment is projected to hold large market share due to rising demand for the platform that offer effective functionalities, high higher flexibility, lower cost, or faster service.
The cloud-enabled SD-WAN deployment model provides various benefits of the services as the on-premises platform can bring wider connecting to a virtual or cloud gateway. Cloud passage is increasingly adopted in SD-WAN since the cloud-based applications are key components of certain so instruments such as Office 365 and Dropbox.
Organization Sizes Segment Analysis
In terms of organization sizes, the global software-defined wide area network market is bifurcated into large enterprises and SMEs. The large enterprises segment is expected to constitute a large market size owing to rising need expertise in IT department among big companies. The SD-WAN technology is likely to expedite or ease troubleshooting for networks of huge organizations with the aid of having advanced software networking platforms.
End-users Segment Analysis
Based on end-users, the market is divided into service providers and verticals. The verticals segment is further divided into retail, BFSI, manufacturing, healthcare, transportation & logistics, energy & utilities, government, and others.
The service segment is anticipated to grow at a robust CAGR during the forecast period as several service providers are increasingly entering into partnering with SD-WAN providers to supply effective SD-WAN for various enterprises.
Regional Outlook
In terms of regions, the global software-defined wide area network market is classified as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America constituted a significant share of the market in 2020 and is anticipated to dominate the market in the coming years owing to wide implementation of SD-WAN among major industries especially based in the US.
The country has emerged as one of the largest countries for SD-WAN in terms of demand size and large-scale implementation of SD-WAN solutions by employment carriers such as AT&T, Sprint, T-Mobile, Century Link, and Verizon.
In addition, verticals including finance, retail, manufacturing, or healthcare are implementing SD-WAN solutions among their core network to limit CAPEX or streamline network operations.
Segments
Components
- Solution
- Appliances
- Software
- Services
- Consulting
- Training & Support
- Implementation
Deployments
- Cloud
- On-premises
Organization Sizes
- Large Enterprises
- SMEs
End-users
- Service Providers
- Verticals
- Retail
- BFSI
- Manufacturing
- Healthcare
- Transportation & Logistics
- Energy & Utilities
- Government
- Others
Regions
- North America
- Europe
- Latin America
- Asia Pacific
- Middle East & Africa
Key Players
- Cisco
- VMware
- Silver Peak
- Aryaka Networks
- Nokia
- Adaptiv Networks
- Peplink
- Lavelle Networks
- Martello Technologies
- Mushroom Networks
- Zenlayer
Competitive Landscape
Key players in the global software-defined wide area network market are Cisco; VMware; Silver Peak; Aryaka Networks; Nokia; Adaptiv Networks; Peplink; Lavelle Networks; Martello Technologies; Mushroom Networks; and Zenlayer. These players have engaged in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Software-defined Wide Area Network Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Software-defined Wide Area Network Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Software-defined Wide Area Network Market - Supply Chain
4.5. Global Software-defined Wide Area Network Market Forecast
4.5.1. Software-defined Wide Area Network Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Software-defined Wide Area Network Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Software-defined Wide Area Network Market Absolute $ Opportunity
5. Global Software-defined Wide Area Network Market Analysis and Forecast by End Users
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by End Users
5.2.2. Y-o-Y Growth Projections by End Users
5.3. Software-defined Wide Area Network Market Size and Volume Forecast by End Users
5.3.1. Service Providers Verticals
5.4. Absolute $ Opportunity Assessment by End Users
5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Software-defined Wide Area Network Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Software-defined Wide Area Network Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Software-defined Wide Area Network Demand Share Forecast, 2019-2026
7. North America Software-defined Wide Area Network Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Software-defined Wide Area Network Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Software-defined Wide Area Network Market Size and Volume Forecast by End Users
7.4.1. Service Providers Verticals
7.5. Basis Point Share (BPS) Analysis by End Users
7.6. Y-o-Y Growth Projections by End Users
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Software-defined Wide Area Network Demand Share Forecast, 2019-2026
8. Latin America Software-defined Wide Area Network Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Software-defined Wide Area Network Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Software-defined Wide Area Network Market Size and Volume Forecast by End Users
8.4.1. Service Providers Verticals
8.5. Basis Point Share (BPS) Analysis by End Users
8.6. Y-o-Y Growth Projections by End Users
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Software-defined Wide Area Network Demand Share Forecast, 2019-2026
9. Europe Software-defined Wide Area Network Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Software-defined Wide Area Network Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Software-defined Wide Area Network Market Size and Volume Forecast by End Users
9.4.1. Service Providers Verticals
9.5. Basis Point Share (BPS) Analysis by End Users
9.6. Y-o-Y Growth Projections by End Users
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Software-defined Wide Area Network Demand Share Forecast, 2019-2026
10. Asia Pacific Software-defined Wide Area Network Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Software-defined Wide Area Network Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Software-defined Wide Area Network Market Size and Volume Forecast by End Users
10.4.1. Service Providers Verticals
10.5. Basis Point Share (BPS) Analysis by End Users
10.6. Y-o-Y Growth Projections by End Users
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Software-defined Wide Area Network Demand Share Forecast, 2019-2026
11. Middle East & Africa Software-defined Wide Area Network Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Software-defined Wide Area Network Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Software-defined Wide Area Network Market Size and Volume Forecast by End Users
11.4.1. Service Providers Verticals
11.5. Basis Point Share (BPS) Analysis by End Users
11.6. Y-o-Y Growth Projections by End Users
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Software-defined Wide Area Network Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Software-defined Wide Area Network Market: Market Share Analysis
12.2. Software-defined Wide Area Network Distributors and Customers
12.3. Software-defined Wide Area Network Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Cisco VMware Silver Peak Aryaka Networks Nokia Adaptiv Networks
Methodology
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