Wipro and Cisco collaborate to deliver SD-WAN Transformation services to Olympus

The report "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", size is expected 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.

The major growth drivers for the market include the increase in the mobile data traffic, increasing number of cloud-based solutions, rising demand for mobility services, and enterprises’ focus on reducing Operational Expenditure (OPEX) with SD-WAN.The report "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", size is expected 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.

The major growth drivers for the market include the increase in the mobile data traffic, increasing number of cloud-based solutions, rising demand for mobility services, and enterprises’ focus on reducing Operational Expenditure (OPEX) with SD-WAN.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=53110642Software segment to record a higher growth rate during the forecast periodIn the SD-WAN market by solutions, the software segment is expected to record a higher growth rate during the forecast period.

SDN controllers deliver a centralized management to enterprises and in turn improve the overall network efficiency.

Currently, the software segment is driving the global SD-WAN market.Among end users, the service providers segment to grow at a higher CAGR during the forecast periodIn the SD-WAN market by end user, the service providers segment is expected to grow at a higher CAGR during the forecast period.

Currently, the SD-WAN market is emerging and expected to grow during the forecast period.

The growing popularity of IoT and Cloud-based software is disrupting wide area networks (WANs) across different sectors.

Today, uninterrupted network connectivity plays a key role in certifying the success of your business.

The traditional WAN-network is not deemed suitable for modern business as it poses major challenges such as rigid architecture, branch complexity, and so on.

In order to tackle these challenges, organizations and businesses are stressing the need for optimizing cloud connectivity, reinforcing network security, and enhancing bandwidth.CISCO’s SD-WAN is the new generation WAN architecture that is replacing conventional WAN architectures.

SD-WANs reduce cost, support network agility, simplify branch network, and deliver branch agility.

Hybrid WANs are transforming enterprises slowly but gradually; thus, companies nowadays tend to hire that hold WAN Viptela or VeloCloud certification.

According to the Graphical Research new growth forecast report titled Europe SD-WAN Market By Component (Solution [Physical Appliance, Virtual Appliance], Service [Training & Consulting, Integration & Maintenance, Managed Service]), By Deployment Model (On-premise, Cloud, Hybrid), By Application (IT & Telecom, BFSI, Healthcare, Retail & Consumer Goods, Government, Manufacturing), Estimated To Exceed USD 3 Billion By 2025.The increasing digitalization and rising 4G subscriber penetration are driving the demand for SD-WAN solutions in the region.

The existing network infrastructure is facing challenges while handling these bandwidth applications.

In 2016, over 220 million 4G connections were registered in the region and this number is estimated to increase over the forecast period.Request for a sample of this report @ https://www.graphicalresearch.com/request/1205/sampleThe cloud deployment model is expected to show significant growth rate over the forecast period due to the rising demand for the cloud-based network infrastructure.

SD-WAN technology helps enterprises in simplifying network management and prioritizing network traffic to ensure that business-critical applications get the required connection.Make an Inquiry for purchasing this Report @ https://www.graphicalresearch.com/request/1205/inquiry-before-buyingThe UK is expected to grow rapidly over the forecast period due to rising investments in 5G network across the country.

The ability of the 5G network to provide high connectivity to remote users will enable the delivery of real-time applications such as video conferencing and unified communication.

The market growth is also driven by a rise in the adoption of SD-WAN solutions in the healthcare sector as healthcare institutions rely on data-critical applications for improving medical practices.

The report published by MRFR states that the software-defined WAN market is likely to witness a whopping 50% CAGR during the forecast period.In contrast, the global SD WAN Market Share is likely to face some hindrance in growth due to various factors.

Bandwidth provisioning and the uncalculated risk of execution and expenses are some of the factors hindering the growth of the market.

Further, security concerns with the cloud and SaaS are likely to pose as hindrances in the market growth.

With a consistent increase in devices connected to the global network, the bandwidth may experience high load, resulting in slower data speed and poor performance, hence restraining the market growth.

Key PlayersSome of the major players in Global Software Defined Wide Area Network market includes Cisco Systems (U.S.), VeloCloud Inc. (U.S.), Versa Networks (U.S.), Cloudgenix Inc. (U.S.), CenturyLink, Inc. (U.S.), Silver Peak (U.S.), Talari Networks (U.S.), Viptela (), Nuage Networks (U.S.), and Ecessa Corporation (U.S.) among others.Software-Defined-Wide-Area-Network Market Global Market - SegmentationSegmentation by Component: Virtual appliance, Physical appliance, and Hybrid.Segmentation by Deployment: On-Cloud and on-Premises.Segmentation by Services: Managed services, and Professional servicesSegmentation by Application: Banking, Financial Services and Insurance (BFSI), Retail, Healthcare, Government, IT & Telecom, Manufacturing, and Others (Oil & Gas and Mining & Transportation).Segmentation by Region: North America, Europe, Asia Pacific, and the Rest of the WorldSoftware-Defined-Wide-Area-Network Market Global Market - Regional AnalysisNorth America is expected to dominate the global Software-Defined-Wide-Area-Network market with the largest market share in the region.

China, Taiwan, South Korea, Japan, India are leading countries in the region.

Market OverviewGlobal Software-Defined Wide Area Network (SD-WAN) Market generated a revenue of USD 2,156.1 Million in 2019 and is expected to reach a market value of USD 19,093.2 Million by 2026, growing at 38.5% CAGR during the forecast period.Global Software-Defined Wide Area Network (SD-WAN) Market is expected to witness substantial growth during the study period, primarily due to the rise in software-defined data centers.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/1896Regional AnalysisThe geographic analysis of the software-defined wide area network (SD-WAN) market has been conducted for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.North America accounted for the largest market share of 60.2% in 2019, with a market value of USD 1,297.5 million; the market is expected to register a CAGR of 37.5% during the forecast period.

The market growth is driven by factors such as the rising need for network virtualization.

Additionally, the telecom providers operating in the region invest in advanced networking technologies to expand their infrastructure capabilities.Europe was the second-largest market in 2019, valued at USD 462.5 million; the market is projected to exhibit a CAGR of 39.2%.

The European market for SD-WAN was driven by a surge in data traffic, the advent of 5G, the growing number of cloud-based data centers, employee mobility, and the increasing adoption of IoT technologies.Competitive AnalysisThe key players of the global Software-defined wide area network (SD-WAN) market are Versa Networks, Inc., VMware, Inc, Palo Alto Networks, Inc., Nokia (Nuage Networks is a Nokia venture), Cisco Systems, Inc., Oracle, CENTURYLINK, Silver Peak Systems, Inc., Ecessa, ARYAKA NETWORKS, INC., Riverbed Technology, Cato Networks, Citrix Systems, Inc., Forcepoint, and Untangle.Segmental AnalysisThe global software-defined wide area network (SD-WAN) market has been segmented based on component, deployment, vertical, and region.By component, the software-defined wide area network (SD-WAN) market has been divided into appliances and services.

The appliances segmented includes physical and virtual sub-segments.

The physical appliances segment comprises routers, access points, switches, gateways, and cables.

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Wipro's SD-WAN solution offers cost effective network provisioning, consulting and managed network services to enhance WAN agility across organizations

If you are an IT decision-maker embarking on the cloud for digital transformation, you will eventually be faced with the inevitable question of modernizing the enterprise WAN network.

Navigating the maze of SD-WAN vendors and comparing them can be daunting.

It is important to note that SD-WAN is not merely a box or an off the shelf product that can be plonked into your existing network.

Some of the questions that you must ponder are:DIY Approach – Are you buying the hardware from multiple vendors and integration the solution in-house?Carrier Services – Are you planning to buy the service from an SD-WAN communications service provider?Fully Managed SD-WAN as a service – Are you opting for the best of both worlds and taking the fully managed SD WAN as a service route?Breaking down the SD-WAN vendor ecosystem provides a view that standard industry reports do not readily divulge.

Vendors for the Carrier Services Approach:The DIY approach is complicated, expensive, and takes time to deploy, thus prompting many organizations to consider a ‘carrier’ managed solution.Key vendors in the space include Verizon, Masergy, Century Link, BT Business, etc.

Compared to the DIY approach, carriers reduce the complexity of deploying an SD-WAN network.

SD wan market  generated a revenue of USD 2,156.1 Million in 2019 and is expected to reach a market value of USD 19,093.2 Million by 2026, growing at 38.5% CAGR during the forecast period.Global Software-Defined Wide Area Network (SD-WAN) Market is expected to witness substantial growth during the study period, primarily due to the rise in software-defined data centers.

Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/1896 Competitive Outlook: The key players of the global Software-defined wide area network (SD-WAN) market are Versa Networks, Inc., VMware, Inc, Palo Alto Networks, Inc., Nokia (Nuage Networks is a Nokia venture), Cisco Systems, Inc., Oracle, CENTURYLINK, Silver Peak Systems, Inc., Ecessa, ARYAKA NETWORKS, INC., Riverbed Technology, Cato Networks, Citrix Systems, Inc., Forcepoint, and Untangle.

Segmentation:The global software-defined wide area network (SD-WAN) market has been segmented based on component, deployment, vertical, and region.

The physical appliances segment comprises routers, access points, switches, gateways, and cables.

The virtual appliances include CSP, web portal, and the Internet.

Based on vertical, the software-defined wide area network (SD-WAN) market is segmented into IT & telecommunication, BFSI, manufacturing, healthcare, and retail.

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