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SD-WAN Market Size, Share, Statistics & Trends Analysis Report By Type, By Application, By Region, and Segment Forecasts, 2021 - 2027
Published Date: January 2020
|
Report Code: QYRE-Othe-2E221
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sd wan market

SD-WAN Market Size, Share, Statistics & Trends Analysis Report By Type, By Application, By Region, and Segment Forecasts, 2021 - 2027

Code: QYRE-Othe-2E221
Report
January 2020
106 Pages
QYResearch
Region: Global,
Description
Table of Content
Tables & Figures

SD-WAN Market Statistics 2027

The global SD-WAN market size is projected to reach US$ 5220.9 million by 2027, from US$ 995.2 million in 2020, at a CAGR of 26.2% during 2021-2027. Increasing concern about the complexities of network management, network security, is creating the need for organizations to consider SD-WAN solutions to replace their conventional WAN architecture. SD-WAN services offer network installation and management, spread through various branches of organizations.

SD WAN Market

The major vendors include Cisco, Citrix System, Aryaka Networks, Cloudgenix, Ecessa, Silver Peak Systems, Velocloud, Viptela, Elfiq Networks, Peplink, Versa Networks, etc.

North America is expected to have the largest market share in 2018, whereas the Asia-Pacific (APAC) region is expected to grow at the highest CAGR from 2018 to 2023 in the Software-Defined WAN Market. The major growth factors that would drive the adoption of SD-WAN include the increasing need to central network management and reducing the operating cost. Since APAC is the fastest-growing region and represents the investors with immense opportunities of growth, a lot of the companies are investing in this region.

The report strategically segments the market into the virtual appliance, physical appliance, and hybrid based on their type. Out of these segments, the physical appliances are expected to hold a significant portion of the SD-WAN market share by 2026, as these appliances provide most of the  SD-WAN features including network management, firewalls, and dynamic route routing and can be implemented on-site.

Cloud segment is expected to hold the largest SD-WAN market share. The cloud-enabled SD-WAN deployment platform provides the on-premises advantages and functionality, along with the added benefit of connecting to a virtual or cloud gateway. This continuous cloud migration will continue to push SD-WAN adoption.

This report studies the SD WAN market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025. This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. 

Major Players in the SD-WAN Market

  • Cisco
  • Citrix System
  • Aryaka Networks
  • Cloudgenix
  • Ecessa
  • Silver Peak Systems
  • Velocloud
  • Viptela
  • Elfiq Networks
  • Peplink
  • Versa Networks 

SD-WAN Market Segmentation

SD-WAN Market by Regions/Countries 

  • North America
  • Europe
  • China
  • Rest of Asia Pacific
  • Central & South America
  • Middle East & Africa 

SD-WAN Market by Type

  • Virtual appliance
  • Physical appliance
  • Hybrid 

SD-WAN Market by Application

  • BFSI
  • Retail
  • Healthcare
  • Government
  • IT & Telecom
  • Manufacturing
  • Others 

Scope of the SD-WAN Market Report

Report Metric

Details

Report Name

SD-WAN Market

The market size in 2020

USD 995.2 Million

The revenue forecast in 2027

USD 5220.9Million

Growth Rate

CAGR of 26.2% from 2021 to 2027

Base year considered

2020

Forecast period

2021-2027

Forecast units

Value (USD)

Segments covered

Type, End-User, Offerings, and Region

Market by Type

Virtual appliance, Physical appliance, Hybrid

Market by Applications/Enduser

BFSI, Retail, Healthcare, Government, IT & Telecom, Manufacturing, Others.

Report coverage

Revenue & volume forecast, company share, competitive landscape, growth factors, and trends

Geographic regions covered

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

 

Table of Content

 

List of Tables & Figures

 

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