Global SD-WAN Market To Surpass $30 Billion By 2026 Global Market Insights Inc.

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Global SD-WAN Market To Surpass 30 Billion By
2026 Global Market Insights Inc.
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• Software-Defined Wide Area Network (SD-WAN)
  Market Scenario

• The global SD-WAN market is slated to foresee
  substantial growth over the coming years
  primarily due to the increasing demand for
  improving network management capabilities as well
  as simplifying the WAN (wide area network)
  infrastructure across companies.
• The increasing inclination of enterprises towards
  the implementation of SD-WAN technology in
  efforts to enhance application performance and
  cut overall IT-related expenditures is further
  complementing the SD-WAN market size. In
  addition, the increasing need to decrease the
  operating and capital expenditures related to
  network infrastructure management is also
  augmenting the global SD-WAN industry size.
•    
• Considering these growth drivers, Global Market
  Insights Inc. estimates the global SD-WAN market
  is likely to surpass a valuation of 30 billion
  through 2026.

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Rights Reserved
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• In addition, companies are also adopting SD-WAN
  solutions to offer optimized network connectivity
  to connected devices and extensive machines.
  Owing to the advancements in the manufacturing
  sector, numerous manufacturing enterprises are
  increasingly deploying advanced network solutions
  to simplify network management and conduct
  prioritization of the network traffic, thereby
  providing a positive growth trajectory for the
  overall market outlook.
• Meanwhile, the hybrid cloud deployment segment is
  projected to expand rapidly through the coming
  years, primarily because it allows companies to
  deploy on-premise cloud to host crucial and
  significant workloads. Hybrid cloud architecture
  is a combination of both public and private
  cloud, which is a major factor augmenting its
  deployment across industries that are looking to
  leverage both private and public cloud
  functionalities.

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• Regional Analysis

• From a regional reference point, substantial
  government and private investments to drive the
  adoption of IoT are projected to fuel the Europe
  SD-WAN market share through 2026. Taking June
  2018 for instance, the UK government committed to
  investing 75 million as an extra investment to
  accelerate the development of IoT technologies in
  the country.

• Competitive Analysis

• The competitive landscape of the SD-WAN market is
  inclusive of players such as Oracle Corporation,
  Nuage Networks, Inc., Huawei Technologies Co.,
  Ltd., Citrix Systems, Inc., and Cisco Systems
  among others.

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