Software-Defined Wide Area Network (SD-WAN) for Government Market Insights, Trends | Global Industry Report, 2023 | MarketsandMarkets™
MarketsandMarkets expects the global Software-Defined Wide Area Network (SD-WAN) for government market size to grow from USD 27 million in 2018 to USD 103 million by 2023, at a Compound Annual Growth Rate (CAGR) of 30.5% during the forecast period. SD-WAN is a predefined policy-based route optimization approach to simplify WAN to deliver network services over Multi-Protocol Label Switching (MPLS), broadband, and Long Term Evolution (LTE) network by leveraging the Software-Defined Networking (SDN) technology.
The key and emerging market players include Cisco (US), VMware (US), Silver Peak (US), Aryaka Networks (US), Nokia (Finland), Oracle (US), Huawei (China), Infovista (France), Citrix (US), Juniper (US), Fortinet (US), HPE (US), Fatpipe (US), Riverbed (US), CloudGenix (US), Versa Networks (US), Adaptiv Networks (Canada), Peplink (US), Lavelle Networks (India), Martello Technologies (Canada), Mushroom Networks (US), Zenlayer (US), and Bigleaf Networks (US). These players have adopted various strategies to grow in the global SD-WAN for government market.
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Cisco is the global company that specializes in providing Internet Protocol (IP)-based products and services, which specifically cater to the government industry. Cisco SD-WAN is deployed on an overlay WAN architecture. The company deploys 2 types of SD-WANs: Cisco SD-WAN powered by Viptela and Cisco SD-WAN powered by Meraki.
Silver Peak is a large player in the SD-WAN market. It offers physical and virtual appliances, data migration, disaster recovery, server centralization, desktop virtualization, and WAN equipment. The company helps enterprises and service providers flexibly and securely connect users to applications via a cost-effective source of connectivity. The firm offers high-performance SD-WAN solution, which provides secure and reliable virtual overlays to connect users and can augment or replace the existing Multi-Protocol Label Switching (MPLS) network. In June 2018, Silver Peak introduced segmentation and multivendor service chaining in its Unity EdgeConnect SD-WAN for better security of the solution.
Related Reports:
Software-Defined Wide Area Network (SD-WAN) for Government Market Stakeholder Profile, Market Dynamics, Industry Trends, and Use Cases for Civil Agencies, National Security Agencies, and Defense Agencies - Global Forecast to 2023
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