Global Software Defined Wide Area Network Market

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Global Software Defined Wide Area Network Market was valued US$ xx Mn in 2019 and the total revenue is expected to grow at xx % through 2020 to 2027, reaching US$ xx Mn.

 

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Global Software Defined Wide Area Network Market Overview:

Software Defined Wide Area Network is a packet-based network that provides users with different telecommunication services, including voice and data services, is a Software Defined Wide Area Network. The rising need for business mobility has led to the increasing deployment of personal mobile devices to access corporate networks, such as smartphones, notebooks and tablets. The incumbent IT infrastructure is under pressure to robustly configure these devices while meeting requirements and standards of compliance.

On multiple servers and seamless interconnections, the emergence of such huge mobile datasets calls for parallel processing. Technological innovation is expected to support the development of the Software Defined Wide Area Network market. In exchange, this has stimulated a constant demand for additional network resources and more innovative technologies for the network. While the daunting task of scaling their networks to unimaginable sizes is faced by carriers and data center players, SD-WAN are a promising solution.

Demand is increasingly rising for faster communication, high-speed data transmission and a highly sensitive network. With the assistance of next-generation network technology, all these demands are well answered. Continuous cellular network growth has made it possible for consumers to enjoy higher data speeds with low latency. The demand for high-speed data services is mainly driven by the rising use of both consumer electronic devices and business use of services and applications. Moreover, the rise in the number of mobile users and the increase in the average amount of data per subscription demand a high-speed, high-bandwidth network capable of handling enormous data traffic.

Next-generation network infrastructure should provide enough bandwidth to accommodate rising data traffic. The growth of the next-generation network market is being restrained by high infrastructure costs. It is expected that the NGN infrastructure will alter the simultaneous modes of communication. In contrast with the previous version, the next-generation network offers advanced features. Network carriers need to upgrade their existing network infrastructure to a next-generation platform in order to meet current market trends and meet expected demand increases for advanced networks.

By Offering, global Software Defined Wide Area Network Market is segmented by Hardware, Software and Services. Hardware dominated Software Defined Wide Area Network Market with increasing need for the integration of computing and telecommunication platforms to raise the agility of the organizations and individuals. Based on End User, Telecom service provider is the leading segment amongst others due to the smartphone manufacturers and telecom players are rapidly gearing toward the shift with 5G networks soon to be rolled out. The key drivers are higher accuracy, lower turnaround time along with improved sensitivity which motivates market development.

By region, the Software Defined Wide Area Network market in North America is anticipated to account for the highest revenue share contribution and projected to maintain its dominance in the target market during the forecast period. The attributing factor is the government initiatives to enable the adoption of artificial intelligence across various applications. The Asia Pacific region is projected to register the fastest growth rate in the target market due to the tremendous potential for network connectivity and related infrastructure of the next generation to provide faster communication and simultaneous communications between different devices.
Global Software Defined Wide Area Network Market Competitive Landscape:

The objective of the report is to present a comprehensive analysis of the Global Software Defined Wide Area Network Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Software Defined Wide Area Network Market dynamics, structure by analyzing the market segments and projects the Global Software Defined Wide Area Network Market size. Clear representation of competitive analysis of key players by Offering, price, financial position, Raw material portfolio, growth strategies, and regional presence in the Global Software Defined Wide Area Network Market make the report investor’s guide.
Scope of Global Software Defined Wide Area Network Market: Inquire before buying

Global Software Defined Wide Area Network Market, By Offering

• Hardware
• Software
• Services
Global Software Defined Wide Area Network Market, By End User

• Telecom service provider
• Internet service provider
• Government
Global Software Defined Wide Area Network Market, By Application

• Internet video
• IPTV & video on demand
• File sharing and web data
• Gaming
Global Software Defined Wide Area Network Market, by Region

• North America
• Europe
• Asia-Pacific
• MEA & Africa
• Latin America
Global Software Defined Wide Area Network Market Key Players

• Cisco
• Huawei Technologies Co., Ltd.
• ZTE Corporation
• Nokia
• Ericsson
• NEC Corporation
• TELCOBRIDGES INC.
• CommVerge Solutions
• Extreme Networks
• SAMSUNG
• Ciena Corporation
• Juniper Network Inc
• IBM Corporation
• VMware Inc
• Oracle
• Citrix Systems, Inc
• AT&T
• Telstra Corporation Limited

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