SD-WAN Market – Key Market Players and their Core Competencies in Each Type and Application – Semiconductor & Electronics Industry Insights
The study reveals that the global SD-WAN market is likely to grow from $220.0 million in 2015 to $9,378.6 million by 2022. As per the findings of the research, virtual appliance led the global SD-WAN market in 2015. Among various industries, healthcare is expected to witness the highest growth in demand of SD-WAN solutions during the forecast period. Among regions, SD-WAN market is expected to witness fastest growth in demand from Asia-Pacific by 2022. With increasing in-house WAN management complexities, outsourced deployment is expected to continue its larger contribution to the market revenue during the forecast period. Geographically, North America has been the largest market for SD-WAN, where the U.S. has been the largest contributor to the regional market. China has been the major market in Asia-Pacific. In Europe, Germany is expected to be the major contributor to the regional market.
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