Software Defined Wide Area Network Market
Software Defined Wide Area Network Market Global Industry Assessment & Forecast
Segments Covered
- By Type Virtual appliance, Physical appliance, Hybrid, Other
- By Application Oil and Gas, Healthcare, Government, Manufacturing, Others
- By End User It & Telecom, BFSI, Manufacturing, Retail, Transportations & Logistics, Energy & Utilities, Mobile & Entertainment, Government & Defense, Healthcare & Life Science
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 1.9 Billion |
Revenue 2028: | 8.4 Billion |
Revenue CAGR (2021 - 2028): | 34.5 |
Fastest Growing Region (2022 - 2028) | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
The report delivers an acute breakdown of the market based on various segments such as Type, Application, End User, and region. All the segments are studied considering historical and future trends across geographies. All the segments are analyzed based on trends, market size, and forecast, and the data is provided for the years 2016–2028. Several growth factors and opportunities impacting various segments have been incorporated in the report.
On the basis of Type, the market is divided into Virtual appliance, Physical appliance, Hybrid, Other. Virtual Appliance held the largest share in 2020 and is projected to grow at a noteworthy CAGR within the forecast period.
Based on Application, the market is divided into Oil and Gas, Healthcare, Government, Manufacturing, Others. Healthcare attributed to the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Global Software Defined Wide Area Network Market: Type Segment Analysis
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- Virtual appliance
- Physical appliance
- Hybrid
- Other
Global Software Defined Wide Area Network Market: Application Segment Analysis
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- Oil and Gas
- Healthcare
- Government
- Manufacturing
- Others
Global Software Defined Wide Area Network Market: End User Segment Analysis
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- It & Telecom
- BFSI
- Manufacturing
- Retail
- Transportations & Logistics
- Energy & Utilities
- Mobile & Entertainment
- Government & Defense
- Healthcare & Life Science
FAQ
Frequently Asked Question
What is the global demand for Software Defined Wide Area Network in terms of revenue?
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The global Software Defined Wide Area Network valued at 1.9 Billion in 2020 and is expected to reach 8.4 Billion in 2028 growing at a CAGR of 34.5%.
Which are the prominent players in the market?
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The prominent players in the market are Velocloud, Mushroom Networks Inc., Glue Networks Inc., Aryaka Networks Inc., Netcraftsmen, Fatpipe Networks Inc., Viptela Inc., Cisco Systems Inc., Talari Networks Inc..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 34.5% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
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The driving factors of the Software Defined Wide Area Network include
- The improvement in the need for mobility assistance and growth in the focus of enterprises on reducing OPEX with SD-WAN. This is driving factor of Software Defined Wide Area Network Market.
- Great utilization of SD-WAN in production as growth in the IoT trend and development in the need among companies to analyze network administration which is another factor for Software Defined Wide Area Network Market.
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Software Defined Wide Area Network in 2020.