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Wide Area Network Optimization Market Growth & Trends [2031]
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Wide Area Network Optimization Market Growth & Trends [2031]

Segments - Wide Area Network Optimization Market by Components (Solution [Traditional WAN and SD-WAN], Services [Advisory Services, Implementation & Integration, and Training & Support]), Deployment (Cloud-based and On-premise), Enterprise Size (Large Enterprises and SMEs), Verticals (BFSI, Healthcare, IT & Telecom, Manufacturing, Retail, Media & Entertainment, Government & Defense, Education, Energy & Utility, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

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Author : Raksha Sharma
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Fact-checked by : V. Chandola
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Editor : Shruti Bhat

Upcoming | Report ID :ICT-SE-2544 | 4.3 Rating | 85 Reviews | 194 Pages | Format : PDF Excel PPT

Report Description


The global wide area network optimization market size is estimated to register a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to rising demand for solutions that support businesses to affectively monitor and manage data center networks.

Global Wide Area Network Optimization Market summary

With the surfacing of next-generation 5G networks, several communicational service providers globally are positioning virtualized radio access network and core network to decrease overall infrastructure and other indirect expenses involved. In addition, the need for edge computing is considerably rising in enterprises to reduce latency rate during the computation of data. Thus, to minimize their network affectively by enabling minimum downtime, communicational service providers and enterprises are executing optimization solutions. These solutions also help enterprises in providing enhanced network capacity.

  • The execution of WAN optimization software enables organizations to boost the performance of their centralized applications and provide an effective user experience to employees which are expected to boost the market.
  • Increasing demand for computing among enterprises to reduce latency rate during the computation of data is estimated to drive the market.
  • Business organizations are searching efficient ways to manage their network and alleviate the overall response time to customers this unmet demand is expected to fuel the market.
  • Increased adoption of WAN software across the enterprises has fueled the market growth.

Scope of the Report                          

The report on the global wide area network optimization market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Wide Area Network Optimization Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Components (Solution [Traditional WAN and SD-WAN], Services [Advisory Services, Implementation & Integration, and Training & Support]), Deployment (Cloud-based and On-premise), Enterprise Size (Large Enterprises and SMEs), Verticals (BFSI, Healthcare, IT & Telecom, Manufacturing, Retail, Media & Entertainment, Government & Defense, Education, Energy & Utility, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

HPE (Silver Peak); Cisco Systems, Inc.; Citrix Systems, Inc.; Riverbed Technology; Vmware Inc.; Fortinet; FatPipe Networks Inc.; Broadcom (Symantec Enterprise); Exinda; Versa Networks, Inc.; Infovista Corporation; Blue Coat System; Aryaka Networks, Inc.; NTT Communications; Array Networks, Inc.; Circadence Corporation; and Sangfor Technologies Inc.

Market Segment Insights

The solution segment accounts for a key market share

Based on components, the global wide area network optimization market is bifurcated as solution and services. The solution segment is further segmented into traditional WAN and SD-WAN. The services segment is further segmented into advisory services, implementation & integration, and training & support. The solution segment accounts for a key share of the market owing to surging deployment of software-defined wide area networks among enterprises. However, the services segment is anticipated to expand at a rapid pace during the forecast period as deployment helps telecom operators to deliver improved quality of network experience to customers.

Global Wide Area Network Optimization Market components

The on-premise segment is estimated to expand at a robust CAGR during the forecast period

Based on deployment, the market is fragmented into cloud-based and on-premise. The on-premise segment is estimated to expand at a robust CAGR owing to rising execution of on-premise solutions across big enterprises to access and transmit data securely within the organization. Meanwhile, the cloud-based segment is estimated to hold a major market share as the demand for cloud-based WAN optimization software is increasing across enterprises due to the benefits offered in terms of rapid implementation, infrastructure costs, and accessibility.

The large enterprises segment is projected to expand at a substantial CAGR

In terms of enterprise size, the global wide area network optimization market is bifurcated into large enterprises and SMEs. The large enterprises segment is projected to expand at a high CAGR owing to increased adoption of WAN optimization software among large technology firms, banks, hospitals, and e-commerce retailers. On the other hand, the SMEs accounts for a key market share due to the requisite focus on managing staff remotely.

The IT & telecom segment is attributed to expand at a significant pace

In terms of verticals, the market is classified into BFSI, healthcare, IT & telecom, manufacturing, retail, media & entertainment, government & defense, education, energy & utility, and others. The IT & telecom segment is attributed to register a high CAGR due to rising demand for remote surgeries and remote patient monitoring has witnessed a rise amidst the global pandemic.

Global Wide Area Network Optimization Market verticals

North America is anticipated to dominate the market

In terms of regions, the global wide area network optimization market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is estimated to dominate the market owing to rising technology adoption across industry, such as telecom, healthcare, and banking. Asia Pacific is expected to constitute major share of the market owing to rising acceptance of WAN optimization solutions in the organizations.

Global Wide Area Network Optimization Market region

Segments

The global wide area network optimization market has been segmented on the basis of

Components

  • Solution
    • Traditional WAN
    • SD-WAN
  • Services
    • Advisory Services
    • Implementation & Integration
    • Training & Support

Deployment 

  • Cloud-based
  • On-premise

Enterprise Size 

  • Large Enterprise
  • SMEs

Verticals

  • BFSI
  • Healthcare
  • IT & Telecom
  • Manufacturing
  • Retail
  • Media & Entertainment
  • Government & Defense
  • Education
  • Energy & Utility
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players                                                       

  • HPE (Silver Peak)
  • Cisco Systems, Inc.
  • Citrix Systems, Inc.
  • Riverbed Technology
  • Vmware Inc.
  • Fortinet
  • FatPipe Networks Inc.
  • Broadcom (Symantec Enterprise)
  • Exinda
  • Versa Networks, Inc.
  • Infovista Corporation
  • Blue Coat System
  • Aryaka Networks, Inc.
  • NTT Communications
  • Array Networks, Inc.
  • Circadence Corporation
  • Sangfor Technologies Inc.

Competitive Landscape

Key players competing in the wide area network optimization market include HPE (Silver Peak); Cisco Systems, Inc.; Citrix Systems, Inc.; Riverbed Technology; Vmware Inc.; Fortinet; FatPipe Networks Inc.; Broadcom (Symantec Enterprise); Exinda; Versa Networks, Inc.; Infovista Corporation; Blue Coat System;  Aryaka Networks, Inc.; NTT Communications; Array Networks, Inc.; Circadence Corporation; and Sangfor Technologies Inc.

Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.

Global Wide Area Network Optimization Market keyplayers

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wide Area Network Optimization 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. Wide Area Network Optimization Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Wide Area Network Optimization Market - Supply Chain
  4.5. Global Wide Area Network Optimization Market Forecast
     4.5.1. Wide Area Network Optimization Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Wide Area Network Optimization Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Wide Area Network Optimization Market Absolute $ Opportunity
5. Global Wide Area Network Optimization Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Wide Area Network Optimization Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Wide Area Network Optimization Demand Share Forecast, 2019-2026
6. North America Wide Area Network Optimization Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Wide Area Network Optimization Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Wide Area Network Optimization Demand Share Forecast, 2019-2026
7. Latin America Wide Area Network Optimization 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
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Wide Area Network Optimization Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Wide Area Network Optimization Demand Share Forecast, 2019-2026
8. Europe Wide Area Network Optimization 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. Europe Average Pricing Analysis
  8.2. Europe Wide Area Network Optimization Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Wide Area Network Optimization Demand Share Forecast, 2019-2026
9. Asia Pacific Wide Area Network Optimization 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. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Wide Area Network Optimization Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Wide Area Network Optimization Demand Share Forecast, 2019-2026
10. Middle East & Africa Wide Area Network Optimization 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. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Wide Area Network Optimization Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Wide Area Network Optimization Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Wide Area Network Optimization Market: Market Share Analysis
  11.2. Wide Area Network Optimization Distributors and Customers
  11.3. Wide Area Network Optimization Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. HPE (Silver Peak)
     11.4.2. Cisco Systems, Inc.
     11.4.3. Citrix Systems, Inc.
     11.4.4. Riverbed Technology
     11.4.5. Vmware Inc.
     11.4.6. Fortinet
     11.4.7. FatPipe Networks Inc.
     11.4.8. Broadcom (Sy

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