“Cisco (US), Oracle (US), Hewlett Packard Enterprise (US), Nokia (Finland), VMware (US), Huawei (China), Juniper Networks (US), Fortinet (US), Citrix US), Ciena ( USA), Epsilon Telecommunications (Singapore), Palo Alto Networks (USA), Riverbed Technology (USA), Ericsson (Sweden), BT (UK), Colt Technology Services (UK), NEC Corporation (Japan).”

Software-Defined Wide Area Network (SD-WAN) Market by Component (Solutions and Services), Deployment Mode (On-Premises and Cloud), Company Size, End-User (Service Providers and Industries) and Region – Global Forecast to 2027

The SD-WAN market size is projected to grow from US$3.4 billion in 2022 to US$13.7 billion in 2027 at a compound annual growth rate (CAGR) of 31.9% over the forecast period. The increasing number of cloud-based solutions is driving the growth of the SD-WAN market.

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It is estimated that the cloud segment will lead the SD-WAN market in 2022

A secure SD-WAN architecture is a cloud-native, multi-service, multi-tenant software platform with key components that include routing, SD-WAN, and layered security functions. An SD-WAN enables cloud-first organizations to deliver superior application quality (QoEx) to users.

The large enterprise segment is set to grow into a larger market over the forecast period

Large companies have more than 1,000 employees. Large enterprises around the world are using SD-WAN technology to reduce latency, increase reach and grow business. Large enterprises choose this technology to reduce device and bandwidth costs. In addition, the focus of large companies is to streamline their networks and provide better service to all employees, offices and branches, as SD-WAN provides a unified upgrade to the cloud with important application performance, especially for critical applications, also with security and Privacy.

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