SD-WAN refers to a technology that automatically distributes the network traffic across a wide area network (WAN) and thus provides efficient connection between branch offices and data center sites separated by large distances. Unlike conventional WAN, SD-WAN offers secure and reliable cloud-enabled WAN connections. 

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Depending on appliance, the SD-WAN market is categorized into physical, virtual, and hybrid. Amongst these, the virtual category had the largest market share in 2017, and this category is also expected to hold the largest market share during the forecast period. The main reason behind this category’s market domination is the fact that virtual SD-WAN appliances don’t require hardware components, which reduces their installation and configuration costs. In addition to this, these appliances also allow remote maintenance.

On the basis of offering, the SD-WAN market is divided into two categories, namely solution and service. Of these, the solutions category had the larger market share, in terms of revenue, in 2017, and it is expected to record the larger market share during the forecast period as well. The service category is predicted to register faster growth as compared to the solutions category, during the forecast period. This is ascribed to the growing need for implementation, integration, and consulting services.

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Based on geographical analysis, North America accounted for the largest share in theSD-WAN market, in terms of revenue, in 2017. This is attributed to the increasing adoption of cloud-based technologies, rising virtualization rate, rapid technological advancements and digitization, and highly productive telecom industry in the region. Due to the rapid digitization taking place and heavy investments being poured in the telecom and IT fields, the Asia-Pacific (APAC) region is expected to record the fastest growth in the market during the forecast period.

The SD-WAN market report offers comprehensive market segmentation analysis along with market estimation for the period 2013–2023.

Based on Offering

• Solution
  • WAN Infrastructure
  • SD-WAN control and overlay
• Service
  • CSP SD-WAN Managed Services
  • Cloud-Managed SD-WAN

Based on Appliance

• Virtual
• Physical
• Hybrid

Based on Implementation Type

• In-house
• Outsourced

Based on Industry

• IT and Telecom
• BFSI
• Government
• Healthcare

Therefore, the market, on account of the burgeoning need to have a simple network architecture, at the same time keeping it safe from cyber-attacks, is expected to progress at a rapid rate during the forecast period.