Market Research Future (MRFR), in its research study, emphasizes that the global sd wan market 2020 is projected to rise exponentially over the forecast period, ensuring significant market valuation of USD 20,314.0 Billion by 2025 and a healthy 45.3% CAGR over the review period.
The business impact of SARS-CoV-2 has been felt across diverse sections of the information technology industry, albeit at different levels. Companies in the technology sector that supply services for verticals like travel, retail, hospitality, and entertainment have noted a dramatic decrease in sales, while the firms that provide services related to remote worker solutions have observed the opposite. Software-Defined Wide Area Network (SD-WAN) Market ’s fate post pandemic has been relatively less grim compared to Education Services (ES) and Professional Services (PS) that are mostly dependent on components that are generally on-site. Novel coronavirus has Software-Defined Wide Area Network (SD-WAN) Market to open new avenues for those firms that are on the lookout for solutions that are reliable, efficiently managed, scalable, and are subscription-based, to remain more focused on the core business. The Software-Defined Wide Area Network (SD-WAN) Market is bearing lesser impact of the COVID-19 outbreak compared to most other segments of the tech world.
In a nutshell, COVID-19 impact on managed services has been fruitful, with the market growth enhanced than before. Given the prevalent lockdown situation, managed services vendors are now investing heavily in remote-centric worker solutions, which can make the market highly resilient in the coming years, even as the world is currently rushing to achieve a COVID-19 breakthrough.
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The major market players operating in the global market as identified by MRFR are VMware, Inc., Versa Networks, Cloudgenix, Inc., Nuage Networks, CenturyLink, Inc., Cisco Systems, Inc., Oracle Corporation, Silver Peak Systems, Inc., Aryaka Networks India Pvt Ltd, Ecessa Corporation, Riverbed Technology, Cato Network, Forcepoint, Systems Inc.,and Untangle Inc. Citrix
The Global Software Defined-Wide Area Network Market has been segmented on the basis of Vertical, Deployment, Component, and Region.
Based on the Component, the SD-WAN market has been bifurcated into appliances and services. The appliances segment accounted for the prime market share of 55% in 2018, and it is expected to register a fast CAGR during the review period. The services segment was likely to grow at the higher CAGR of 47.7% during the forecast period.
The SD-WAN market was segmented into the cloud and the on-premises by deployment. The on-premises SD-WAN segment accounted for the largest market share in 2018, and a CAGR of 53.1 per cent is expected to be recorded during the forecast period. The cloud segment was the second-largest market in 2018 and the highest CAGR is expected to be recorded during the forecast period.
The SD-WAN sector was divided into retail, IT & telecommunications, healthcare, BFSI, manufacturing, and others cantered on Vertical. The IT & Telecommunications segment accounted for the largest market share in 2018, and a CAGR of 43 per cent is expected to be recorded over the forecast period.
The global business regional analysis was conducted in four major regions including Asia Pacific, North America, Europe and the rest of the world.
North America 's market accounted for the largest market share in 2018, and the forecast period is expected to show strong growth. The key drivers for the region's SD-WAN market growth include advanced network infrastructure and the increasing network virtualization requirement.
The Asia-Pacific Global Software-Defined Wide Area Network Market is projected to expand over the forecast period with the highest CAGR of 50.0 per cent. Asia-Pacific was divided into China, Japan , India, South East Asia and the rest of the Asia-Pacific zone for study. This rise can also be attributed to the emergence of creative and technologically active players and the expansion of their market scope in the region by global players. Other key industry players in this market are also expanding on the Asia-Pacific market through collaboration with providers of SDN and SD-WAN solutions. The Middle East and Africa is gaining impetus, majorly owing to the provisioning of network services for utilization with more efficiency.
Table of Contents:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
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List of Tables
TABLE 1 MARKET SYNOPSIS 24
TABLE 2 GLOBAL SOFTWARE-DEFINED WIDE AREA NETWORK (SD-WAN), BY COMPONENT, 2020–2027 (USD MILLION) 47
TABLE 3 GLOBAL SOFTWARE-DEFINED WIDE AREA NETWORK (SD-WAN) MARKET, BY APPLIANCES, 2020–2027 (USD MILLION) 47
List of Figures
FIGURE 1 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL SOFTWARE-DEFINED WIDE AREA NETWORK (SD-WAN) MARKET 24
FIGURE 2 GLOBAL SOFTWARE-DEFINED WIDE AREA NETWORK (SD-WAN) MARKET: STRUCTURE 26
FIGURE 3 BOTTOM-UP AND TOP-DOWN APPROACHES 31
Read More: https://www.postfreearticle.com/2021/07/27/global-network-as-a-service-market-covid-19-outbreak-business-trends-global-segments-by-forecast/
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