The Software-Defined Wide Area Network (SD-WAN) Market is being driven by Rising demand for cloud solutions
The Software-Defined Wide Area Network (SD-WAN) Market is expected to grow at a CAGR of 24% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 13552.7 million. In today's business landscape, enterprises are increasingly adopting Software-Defined Wide Area Networks (SD-WAN) to manage their complex network infrastructure. However, network management poses significant challenges, particularly in terms of event correlation, fault detection, and remediation. Advanced technologies such as Machine Learning (ML) and Artificial Intelligence (AI) are addressing these concerns effectively. AI applications in IT operations, including configuration management and root cause analysis (RCA), are becoming increasingly important. Key benefits of AI in SD-WAN solutions include automation of key tasks, effective bandwidth utilization, actionable insights for future problem prevention, and trend detection. Cisco Systems is one example, offering integrated solutions such as Cisco SD-Access, Cisco SD-WAN, and Cisco Application Centric Infrastructure (ACI), which leverage AI and ML capabilities to streamline network management and enhance overall network performance.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
217 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 24% |
Market growth 2025-2029 |
USD 13552.7 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
20.6 |
Key countries |
US, China, Germany, Canada, UK, Japan, South Korea, France, India, Italy, US, China, Japan, UK, and Germany |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Software-Defined Wide Area Network (SD-WAN) market offers solutions that provide secure VPN connectivity, utilize WAN edge devices, offer centralized orchestration, and ensure network programmability. Policy-based routing, network visibility, and high availability are key features, along with scalability, disaster recovery, and cost reduction. Improved agility, enhanced security, and better performance are also benefits, as well as simplified management, increased efficiency, reduced complexity, and flexible deployment. SD-WAN supports cloud integration, hybrid cloud solutions, network automation, and advanced analytics through AI-driven optimization, machine learning, predictive analytics, real-time monitoring, and advanced analytics.
The SD-WAN market is a significant segment of the expansive global Internet services and infrastructure market. This market encompasses companies that specialize in SD-WAN architecture, network virtualization, and centralized management solutions. SD-WAN technology enables bandwidth optimization and improved network performance, making it an essential component of modern business connectivity strategies. The market's growth is driven by the increasing demand for agile, cost-effective, and secure network solutions. Companies offering these services generate substantial revenue, contributing to the overall size of the global Internet services and infrastructure market.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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