SD-WAN is an acronym for software-defined networking in a wide area network (WAN). An SD-WAN simplifies the management and operation of a WAN by decoupling (separating) the networking hardware from its control mechanism. This concept is similar to how software-defined networking implements virtualization technology to improve data center management and operation. North America is expected to have the largest market share in 2020, whereas the Asia-Pacific (APAC) region is expected to grow at the highest CAGR from 2020 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. In 2020, the global SD-WAN market size was 980 million US$ and it is expected to reach 51800 million US$ by the end of 2027, with a CAGR of 64.3% between 2021 and 2027. This report studies the SD-WAN market size by players, regions, product types and end industries, history data 2017-2020 and forecast data 2020-2027; 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. This report focuses on the global top players, covered
Market segment by Regions/Countries, this report covers
The study objectives of this report are:
In this study, the years considered to estimate the market size of SD-WAN are as follows: History Year: 2017-2020 Base Year: 2020 Estimated Year: 2020 Forecast Year 2021 to 2027
For the data information by region, company, type and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Available Customizations With the given market data, EternityInsights offers customizations according to the company's specific needs. The following customization options are available for the report: Further breakdown of SD-WAN market on basis of the key contributing countries. Detailed analysis and profiling of additional market players.
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