Introduction
Software-defined wide area network (SD-WAN) is a network architecture that uses software to control and manage WAN connections. SD-WAN provides a number of advantages over traditional WAN architectures, including:
- Increased flexibility and agility: SD-WAN allows organizations to quickly and easily change their WAN configuration to meet changing needs.
- Reduced costs: SD-WAN can help organizations to reduce their WAN costs by using multiple types of connections, such as broadband and MPLS, and by optimizing traffic flow.
- Improved performance: SD-WAN can improve WAN performance by directing traffic over the best available path and by load balancing traffic across multiple connections.
- Increased security: SD-WAN can help to improve WAN security by encrypting traffic and by using security features such as firewalls and intrusion detection systems.
The software-defined wide area network market is estimated to reach a value USD 46.31 billion by the end of the forecasted period. The compound annual growth rate is expected at 36.9% between the forecasted period of 2020 to 2030. The growth of the market is being driven by a number of factors, including the increasing adoption of cloud computing, the growing need for network flexibility and agility, and the increasing need for network security.
Free Sample Copy — Obtain a free copy of our sample report to get a taste of our research expertise
https://www.marketresearchfuture.com/sample_request/1896
Market USP
The SD-WAN market is a unique market in a number of ways. First, it is a rapidly growing market with a strong demand for SD-WAN solutions from all over the world. Second, the SD-WAN market is very innovative, with new products and services being developed all the time. Third, the SD-WAN market is very competitive, with a number of major players and startups competing for market share.
Latest News
Here are some of the latest news headlines from the SD-WAN market:
- Cisco Acquires CloudGenix for $3.7 Billion
- VMware Launches New SD-WAN Solution
- Fortinet Acquires OPAQ Networks for $580 Million
- Palo Alto Networks Launches New SD-WAN Solution
- Juniper Networks Launches New SD-WAN Solution
Key Takeaways
- The global SD-WAN market is expected to reach USD 46.31 billion by 2030 , at a CAGR of 36.9%.
- The growth of the market is being driven by a number of factors, including the increasing adoption of cloud computing, the growing need for network flexibility and agility, and the increasing need for network security.
- The SD-WAN market is a unique market in a number of ways, including its rapid growth, innovation, and competitiveness.
Advantages of SD-WAN Market
SD-WAN offers a number of advantages, including:
- Increased flexibility and agility: SD-WAN allows organizations to quickly and easily change their WAN configuration to meet changing needs. For example, SD-WAN can be used to quickly add new connections or to change the routing of traffic.
- Reduced costs: SD-WAN can help organizations to reduce their WAN costs by using multiple types of connections, such as broadband and MPLS, and by optimizing traffic flow. For example, SD-WAN can be used to route traffic over the least expensive connection or over the connection with the best performance.
- Improved performance: SD-WAN can improve WAN performance by directing traffic over the best available path and by load balancing traffic across multiple connections. For example, SD-WAN can be used to route traffic over a high-performance connection when available or to route traffic around congested areas.
- Increased security: SD-WAN can help to improve WAN security by encrypting traffic and by using security features such as firewalls and intrusion detection systems. For example, SD-WAN can be used to encrypt all traffic between sites or to use firewalls to block unauthorized access to the network.
Regional Insights
North America is the largest SD-WAN market in the world, followed by Europe and Asia-Pacific. The growth of the SD-WAN market in North America is being driven by the early adoption of SD-WAN solutions by large enterprises in the region. The growth of the SD-WAN market in Europe is being driven by the increasing investment in SD-WAN solutions by governments and businesses in the region. The growth of the SD-WAN market in Asia-Pacific is being driven by the rapid growth of the IT sector in the region.
Browse In-depth Market Research Report (100 Pages, Charts, Tables, Figures)
https://www.marketresearchfuture.com/reports/software-defined-wide-area-network-market-1896
Related Reports:
- Visual Positioning System Market — The Visual Positioning System Market is predicted to reach USD 27,419.6 million by 2032, registering a 11.7% CAGR during the forecast period, 2023–2032.
- Virtual Engineering Market — The Virtual Engineering Market is predicted to reach USD 2,579.2 million by 2032, registering a 15.9% CAGR during the forecast period, 2023–2032
- Microinsurance Market — The Microinsurance Market is predicted to reach USD 147.6 Billion by 2032, registering a 6.20% CAGR during the forecast period, 2023–2032.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
we are launching “Wantstats” the premier statistics portal for market data in comprehensive charts and stats format, providing forecasts, regional and segment analysis. Stay informed and make data-driven decisions with Wantstats.
Contact:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
