Software-Defined Wide Area Network (SD-WAN) Market

Cisco (US) and Silver Peak (US) are leading players in Software-Defined Wide Area Network (SD-WAN) Market

MarketsandMarkets expects the global Software-Defined Wide Area Network (SD-WAN) market size to grow from USD 1.0 billion in 2018 to USD 4.1 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 32.7% during the forecast period. SD-WAN is a predefined policy-based route optimization approach to simplify WAN network to deliver network services over MPLS, broadband, and LTE network by leveraging 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. These players have adopted various strategies to grow in the global SD-WAN market.

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Cisco is the global company specialized in providing Internet Protocol (IP)-based products and services, which specifically cater to the Information and Communications Technology (ICT) 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. The company focuses on adopting inorganic growth strategies. For instance, Cisco acquired Meraki, a leader in cloud networking for approximately USD 1.2 billion in November 2012.

Silver Peak is a large 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 Multiprotocol 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) Market by Component (Solutions (Software and Appliances) and Services), Deployment Type (On-Premises and Cloud), End User (Service Providers and Enterprises), and Region - Global Forecast to 2023

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Report Code
TC 3991
RI Published ON
3/12/2019
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