Product ID: UCMIG45F2039
Report ID:
UCMIG45F2039 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The size of the world market for software-defined wide area networks was estimated at USD 2.9 billion in 2021, and it is anticipated to increase at a CAGR of 30.9% from 2022 to 2030. Large geographic areas can be connected to and expanded by business networks using a software-defined wide area network (SD-WAN). The potential of SD-WAN to streamline WAN, save operational costs, boost bandwidth efficiency, and have seamless compatibility with the cloud is what is driving the market's expansion. Additionally, SD-WAN greatly improves application performance while maintaining security and data privacy. Additionally, the increasing use of software-as-a-service (SaaS) and cloud-based services by businesses is increasing the demand for better connection, which is anticipated to propel market expansion.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Systems Software by segment aggregation, the contribution of the Systems Software in Software & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONWant to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Product ID: UCMIG45F2039