(MENAFN- The Expresswire) "Software-Defined Wide Area Network Market" 2020: Industry Trends, Growth, Size, Segmentation, Future Demands, Latest Innovation, Sales Revenue by Regional Forecast By 360 Market Updates
Posted on Jul 3 2020 4:38 AM
""Global Software-Defined Wide Area Network Market size"2020 has covered and analyzed the potential of Worldwide Software-Defined Wide Area Network Industry and provides statistics and information on market dynamics, growth factors, key challenges, major drivers & restraints, opportunities and forecast.
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Global "Software-Defined Wide Area Network Market" Report 2020 offers a comprehensive breakdown of industry status and outlook of major regions based on of key players, countries, product types, and end industries. This report focuses on the Software-Defined Wide Area Network in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India.Software-Defined Wide Area Network Market report categorizes the market based on manufacturers, regions, type and application. This report also studies the worldwide market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Software-Defined Wide Area Network Market size (value and volume) by players, regions, product types and end industries, history data 2020 and forecast data 2024. Also, Software-Defined Wide Area Network Market is expected to grow at a CAGR of 33.4% during the forecast period of (2020 2024). And report provides a complete market overview, list of top manufactures, scope of the report, key market trends of Software-Defined Wide Area Network market, and main aspect about the report- why should you buy this research report? so don't miss it.
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Software-Defined Wide Area Network Market summary:
The Software-Defined Wide Area Network Market is expected to register a CAGR of 33.4% over the forecast period of 2020-2024. The increased adoption of cloud-based solutions has led to the rise in the number of complexities at the organizational level. The need to streamline the processes have boosted the adoption of SD-WAN.
- The increase in smartphone penetration rates has to lead to an increase in mobile data traffic. This has exposed the service providers to huge problems related to the streamlining of the processes.
- The enterprises have now shifted their focus on the reduction of operational expenditure. Due to huge competition amongst the manufacturers, the only way to increase the profits is to minimize the operational expenditure.
- Certain concerns over the security of the SD-WAN network have come into the picture which is restricting its growth and adoption rates.
The Global Software-Defined Wide Area Network market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.
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With tables and figures helping analyze worldwide Global Software-Defined Wide Area Network market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
List of Top Key-players/Leading Manufacturers of Software-Defined Wide Area Network Market Size:
- VeloCloud by VMware
- Talari Networks
- Cisco Systems Inc.
- Verizon Communications Inc.
- Citrix Systems
- Inc.
- Silver Peak Systems
- Inc.
- Juniper Networks
- Inc.
- Hewlett Packard Enterprise Development LP
- Fortinet
- Inc.
Scope of the Software-Defined Wide Area Network Market Report:
SD-WAN simplifies the management and operation of a WAN by decoupling (separating) the networking hardware from its control mechanism. SD-WAN utilizes the internet or cloud-native private networks. SD-WAN decouples the network from the management plane and detaches the traffic management and monitoring functions from the hardware.
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Key Trends of Software-Defined Wide Area Network Market:
Retail is Expected to Have a Significant Market Share
Any large retailer requires IT efficiency and cost-effective solutions. Retail business is a highly distributed organization with thousands of branch stores in which the network plays a crucial role. In order to match bandwidth cost and performance optimization needs, the organization needs to migrate to a hybrid network (MPLS and Internet).
The network of the retail business is complex to operate with several network segments per store thas is required for both PCI compliance and supporting guest WiFi. The multiple WAN technologies per site (LTE and MPLS) makes the operations even more complex as all of these technologies must work together with local WiFi and switching. As one outlet of the retail business rapidly rolls out new applications for its other branch store, network operating costs and difficult change management which are impacting the agility are becoming major concerns.
Brand management is essential for any retail business. When part of a larger retail group, brands compete with each other in order to attract customers. Within this parent company, each brand follows an aggressive growth plan, including rapidly opening new branch stores. Each brand seizes to make its own IT decisions, while the parent company empowers them with standardized solutions. Management of the local Internet breakouts is operationally challenging. The pressing challenge involves simplification of branch connectivity, especially those with Internet breakouts, and provision sites faster.
North America is Expected to Hold the Major Market Share
SD-WAN solutions have gained popularity amongst the enterprise and service providers in the North America region. With multiple successful pilot projects and full-fledged deployments, that are being performed by the enterprises, are creating a significant market buzz across global regions. Driven by growing awareness and proven benefits of the SD-WAN solutions, critical markets of North America are expecting a massive boost in the growth.
The long term trend for SD-WAN market indicates that the North America market has contributed the highest business opportunities for SD-WAN vendors. Ther growing the retail business in the United States has led to more organizational complexities which can be simplified with the SD-WAN solutions.
Retail Sales MoM in the United States has averaged 0.36 percent from 1992 until 2019. US retail trade leaped 1.6 percent from a month earlier in March 2019, following a 0.2 percent drop in February and easily beating market expectations of a 0.9 percent. This was the most significant increase in retail trade since September 2017 which is boosted by sales of motor vehicles and a range of other goods.
SD-WAN adoption in the IT sector is noticing a significant growth as companies are trying to streamline their WAN infrastructure and evolve toward more cloud-based applications. Due to the increasing complexity in the WAN infrastructure, the service providers are coming up with new technologies to cater to the problem and thus boost the adoption of SD-WAN.
This Software-Defined Wide Area Network Market Research/analysis Report Contains Answers to your following Questions
- Which Manufacturing Technology is Used for Software-Defined Wide Area Network? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Software-Defined Wide Area Network Market? What's Their Company Profile, Their Product Information, Contact Information?
- What Was Global Market Status of Software-Defined Wide Area Network Market? What Was Capacity, Production Value, Cost and PROFIT of Software-Defined Wide Area Network Market?
- What Is Current Market Status of Software-Defined Wide Area Network Industry? What's Market Competition in This Industry, Both Company, and Country Wise? What's Market Analysis of Software-Defined Wide Area Network Market by Taking Applications and Types in Consideration?
- What Are Projections of Global Software-Defined Wide Area Network Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
- What Is Software-Defined Wide Area Network Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Software-Defined Wide Area Network Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Software-Defined Wide Area Network Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Software-Defined Wide Area Network Industry?
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Fundamental Reasons to buy Software-Defined Wide Area Network Market Report:
- Determine prospective investment areas based on a detailed trend analysis of the global Software-Defined Wide Area Network market over the next years.
- Gain in-depth understanding about the underlying factors driving demand for different Software-Defined Wide Area Network segments in the top spending countries across the world and identify the opportunities offered by each of them.
- Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
- Identify the major channels that are driving the global Software-Defined Wide Area Network market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion.
- Channelize resources by focusing on the ongoing programs that are being undertaken by the different countries within the global Software-Defined Wide Area Network market.
- Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top Software-Defined Wide Area Network solution providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available.
Overview of TOC, what it contains?
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
3.1 Market Overview
4 MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 Product Type
5.2 Distribution Channel
6 COMPETITIVE LANDSCAPE
6.1 Market Share Analysis
6.2 Most Active Companies
6.3 Most Adopted Strategy
6.4 Company Profiles
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
Continued..
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