Software-Defined Wide Area Network (SD-WAN) Market outlook, Future Scope, Demands and Projected Industry Growths to 2025

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A new report on Software-Defined Wide Area Network (SD-WAN) market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of Software-Defined Wide Area Network (SD-WAN) market in tandem with its competitive terrain.

Furthermore, growing remote IoT deployments will also drive the need among enterprises to enhance their ability to connect multiple and remote devices in real-time. As enterprises are witnessing an increase in the number of connected endpoints, the demand for such solutions offering high connectivity and network service reliability will increase. As IoT deployments increase WAN bandwidth requirements, enterprises are moving toward WAN optimization to ensure that critical IoT applications have appropriate bandwidth.

The solutions segment held a major market share in 2018 and is expected to maintain its dominance in the market with a share of over 63% in 2025. In this segment, physical appliances held a major market share of around 74% due to the extensive adoption of these appliances for SD-WAN deployment. As these devices are easy to deploy and do not require any additional expertise for deployment, the demand for physical appliances is expected to increase over the forecast timeline.

Software-Defined Wider Area Network (SD-WAN) market is projected to surpass USD 17 billion by 2025. This market growth is driven by the rising adoption of SD-WAN solutions among enterprises to simplify network management. Such solutions enable network administrators to have complete control over their network and are widely deployed by organizations that have remote offices as they provide centralized management to control all the network assets remotely. It also substitutes some or all expensive Multiprotocol Label Switching (MPLS) with low-cost broadband links enabling enterprises to save huge costs. As SD-WANs offer huge cost savings to adopters, the demand for these solutions is expected to accelerate over the forecast timeline.

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The hybrid deployment model is projected to grow at a CAGR of over 62% over the forecast timeline. The hybrid architecture holds great potential for organizations that are particular about the security of their sensitive data. Organizations are deploying hybrid WAN, which provides them with efficiencies in route selection and also improves business application performance by enabling path selection for traffic movement.

The retail & consumer goods application segment is expected to grow at a CAGR of over 60% from 2019 to 2025. As the adoption of digitalized platforms and IoT technology continues to grow, retailers face challenges related to the management of omnichannel environments. This drives the demand for SD-WAN solutions, which enable retail enterprises to manage their retail operations and remote office functions and systems. The retailers are widely adopting such solutions to strengthen their omnichannel strategy and improve the customers? experience.

Training & consulting services in the SD-WAN market are expected to grow at a CAGR of over 64% from 2019 to 2025. To enable customers to effectively deploy SD-WAN solutions, training & consulting service providers offer services for improving the customers? ability to leverage SD-WAN solution deployments, which will meet their business objectives. The service providers offer training & consulting services that help enterprises in deploying, implementing & operating solutions and also help them to use the best strategy to ease the process of network transformation.

The North America SD-WAN market held a major market share of over 49% in 2018 and is expected to dominate the market in 2025. This growth is driven by a rise in the adoption of business-critical, bandwidth-intensive applications that include cloud apps, video conferencing, and IoT. As enterprises in the region are rapidly migrating to cloud-based platforms, the demand for these solutions will increase owing to the flexibility and data traffic prioritization that they offer.

Companies operating in the SD-WAN market are focusing on various business growth strategies, including new product developments, strategic acquisitions, and partnerships. Through such strategic moves, companies are trying to gain a broader market share and maintain their leadership in the market. For instance, in December 2017, VMWare acquired VeloCloud for USD 610 million. This acquisition enabled VMWare to integrate VeloCloud SD-WAN into its product suite and strengthened its position as a leader in the SD-WAN market. In October 2018, CenturyLink introduced the managed Cisco SD-WAN solution powered by Viptela. Through this solution, the company expanded its portfolio of SD-Wan solutions and provided more choices for its customers to improve their network optimization capabilities.

Major Highlights from Table of contents are listed below for quick lookup into Software-Defined Wide Area Network (SD-WAN) Market report

Chapter 1. Competitive Landscape

  • Company market share
  • Software-Defined Wide Area Network (SD-WAN) Market Competitive analysis of key market players
  • Competitive analysis of other prominent vendors

Chapter 2. Company Profiles

  • Business Overview
  • Financial Data
  • Product portfolio
  • Strategic Outlook
  • SWOT Analysis

Chapter 3. Methodology & Scope

  • Methodology
  • Initial data exploration
  • Software-Defined Wide Area Network (SD-WAN) Market Statistical model and forecast
  • Industry insights and validation
  • Software-Defined Wide Area Network (SD-WAN) Market Scope
  • Definition
  • Methodology and forecast parameters
  • Data Sources

Chapter 4. Executive Summary

  • Software-Defined Wide Area Network (SD-WAN) industry 360º synopsis - 2025
  • Software-Defined Wide Area Network (SD-WAN) Business trends
  • Region trends

Chapter 5. Software-Defined Wide Area Network (SD-WAN) industry Insights

  • Software-Defined Wide Area Network (SD-WAN) Industry segmentation
  • Industry landscape 2025
  • Industry Pitfalls and Challenges
  • Threat of new entrants
  • Threat of substitutes
  • Software-Defined Wide Area Network (SD-WAN) Market Growth potential analysis

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