Software-Defined Wide Area Network Market Growth Analysis, Size, Future Forecast 2032

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Software-Defined Wide Area Network Market Growth
Analysis, Size, Future Forecast 2032
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• Industry Insights

• The global software-defined wide area network
  market is poised to witness robust growth through
  2032 credited to surging business responsiveness
  and agility.
• 5G is becoming more and more popular because of
  the demand for economical and flexible network
  management. The development of 5G networks and
  increasing investment in them will increase
  demand for software-defined wide area network
  market products.
• A 5G-optimized software-defined wide area network
  solution will be made available, according to a
  November 2022 announcement from Cradlepoint, a
  provider of LTE and 5G wireless network
  solutions. The new solution, which is a component
  of NetCloud Exchange, an expansion of
  Cradlepoint's NetCloud system that integrates
  security, Zero Trust, as well as SD-WAN into a
  Wireless WAN architecture, bridges the gap
  between businesses and network operators.

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• Based on solution, the virtual appliance segment
  is expected to grow at 70 CAGR from 2023 to
  2032. The demand for virtual appliances is likely
  to rise throughout the forecast period, as most
  enterprises shift their burden to the cloud to
  allow centralized network management as well as
  improve performance.
• With respect to deployment mode, the cloud
  segment is speculated to flourish strongly
  throughout the forecast period because it frees
  businesses from having to purchase and manage
  on-premises IT resources and allows for
  scalability to match workload and user demands.
• In terms of application, the healthcare segment
  is projected to propel steadily over the research
  period since IT departments are implementing
  software-defined wide area network market
  solutions to obtain visibility throughout the
  entire network and enhance network management as
  healthcare networks become more complex.
• Meanwhile, the manufacturing segment is estimated
  to register high gains by the end of 2032
  attributed to the increase in linked devices.
  Operators must make sure that all of the machines
  and tools are synchronized with one another due
  to the increase in production processes and
  techniques.

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• Regional Analysis

• In the meantime, the Middle East Africa
  software-defined wide area network market is
  anticipated to garner 70 CAGR from 2023 to 2032.
  Given the widespread absence of broadband
  infrastructure in the region, the MEA is quickly
  moving toward advanced mobile broadband services,
  with the rising popularity of smartphones playing
  a critical role in delivering internet access.

• Competitive Analysis

• CloudGenix, Inc., VMware, Inc. (Dell
  Technologies), FatPipe Networks, Inc., Riverbed
  Technology, Inc., Barracuda Networks, Inc.,
  Aryaka Networks, Inc., Ecessa Corporation, Versa
  Networks, Peplink, Nuage Networks, Oracle
  Corporation, Berkshire Partners LLC (Masergy
  Communications), Infovista, Cisco Systems, Inc.,
  Cato Networks, Citrix Systems, Inc., Martello
  Technologies (Elfiq Networks), Huawei
  Technologies Co., Ltd., Silver Peak, and ZTE
  Corporation are some key players functioning in
  the software-defined wide area network market.

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