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

Cisco (US) and VMware (US) are Leading Players in the 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 1.9 billion in 2020 to USD 8.4 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 34.5% 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, in February 2019 Cisco partnered with Verizon to help enterprises accelerate their digital transformation to support future 5G capabilities. Verizon’s virtual network services support Cisco’s SD-WAN portfolio, using Cisco’s intent-based networking capabilities. This enables enterprises to leverage the performance of 5G when using services, such as network slicing and mobile edge computing.

VMware is among the major vendors in the SD-WAN market. It delivers high-performance, reliable branch access to cloud services, private data centers, and SaaS-based enterprise applications. VMware acquired VeloCloud, one of the SD-WAN market leaders, in December 2017, to enter into software-defined industry. In December 2018, VMWare introduced VMWare NSX Service Mesh to provide features, such as connectivity, management, monitoring, and security to networks with containerized microservices on cloud platforms. This service mesh secures and provides visibility into apps, data, and users across the cloud-native application platform.

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 Verticals), and Region - Global Forecast to 2025

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Report Code
TC 3991
RI Published ON
8/3/2020
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