Software-Defined Wide Area Network Market Growth Analysis, Size, Future Forecast

1. Software-Defined Wide Area Network Market Growth Analysis, Size, Future Forecast 2032

2. Industry Insights • The global software-defined wide area network market is poised to witness robust growth through 2032 credited to surging business responsiveness and agility. • 5G is becoming more and more popular because of the demand for economical and flexible network management. The development of 5G networks and increasing investment in them will increase demand for software-defined wide area network market products. • A 5G-optimized software-defined wide area network solution will be made available, according to a November 2022 announcement from Cradlepoint, a provider of LTE and 5G wireless network solutions. The new solution, which is a component of NetCloud Exchange, an expansion of Cradlepoint'sNetCloud system that integrates security, Zero Trust, as well as SD-WAN into a Wireless WAN architecture, bridges the gap between businesses and network operators.

3. Based on solution, the virtual appliance segment is expected to grow at 70% CAGR from 2023 to 2032. The demand for virtual appliances is likely to rise throughout the forecast period, as most enterprises shift their burden to the cloud to allow centralized network management as well as improve performance. • With respect to deployment mode, the cloud segment is speculated to flourish strongly throughout the forecast period because it frees businesses from having to purchase and manage on-premises IT resources and allows for scalability to match workload and user demands. • In terms of application, the healthcare segment is projected to propel steadily over the research period since IT departments are implementing software-defined wide area network market solutions to obtain visibility throughout the entire network and enhance network management as healthcare networks become more complex. • Meanwhile, the manufacturing segment is estimated to register high gains by the end of 2032 attributed to the increase in linked devices. Operators must make sure that all of the machines and tools are synchronized with one another due to the increase in production processes and techniques.

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5. Regional Analysis • In the meantime, the Middle East & Africa software-defined wide area network market is anticipated to garner 70% CAGR from 2023 to 2032. Given the widespread absence of broadband infrastructure in the region, the MEA is quickly moving toward advanced mobile broadband services, with the rising popularity of smartphones playing a critical role in delivering internet access. • Competitive Analysis • CloudGenix, Inc., VMware, Inc. (Dell Technologies), FatPipe Networks, Inc., Riverbed Technology, Inc., Barracuda Networks, Inc., Aryaka Networks, Inc., Ecessa Corporation, Versa Networks, Peplink, Nuage Networks, Oracle Corporation, Berkshire Partners LLC (Masergy Communications), Infovista, Cisco Systems, Inc., Cato Networks, Citrix Systems, Inc., Martello Technologies (Elfiq Networks), Huawei Technologies Co., Ltd., Silver Peak, and ZTE Corporation are some key players functioning in the software-defined wide area network market. Request for Customization @ https://www.gminsights.com/roc/2214

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