Managed SD-WAN Services Market - By Services (SD-WAN Deployment Services, SD-WAN Integration Services), By Enterprise Size (SMEs, Large Enterprises), By Application (Manufacturing, IT & Telecom, Healthcare, Retail, BFSI, Government), Forecast 2024 - 2032

Managed SD-WAN Services Market Size

Managed SD-WAN Services Market was valued at USD 1 billion in 2023 and is anticipated to register a CAGR of over 33% between 2024 and 2032. As businesses prioritize modernization, the demand for agile and efficient network solutions intensifies. Managed SD-WAN services, with their ability to enhance connectivity and streamline operations, become integral to this transformation journey. This trend drives the market growth and underscores the critical role SD-WAN plays in supporting organizations in their quest for enhanced digital capabilities and competitiveness.
 

Companies are engaged in forming partnerships and implementing managed SD-WAN solutions with the latest upgrades, thereby driving market growth. For instance, in 2022, Nokia and STC unveiled a managed SD-WAN solution named STC SD-WAN, leveraging Nokia's Nuage Networks from the Virtualized Network Services (VNS) platform. An integral part of STC’s cloud portfolio, it delivers automated, dynamic, and programmable network services. This solution streamlined ordering and configuration, enhanced visibility, and control, and addressed individual enterprise needs with efficiency.
 

As organizations embrace SD-WAN for enhanced connectivity, there are concerns about the security of data transmitted over the internet, especially when leveraging public connections. Ensuring robust encryption, firewall configurations, and threat detection becomes crucial to address security challenges. Furthermore, integrating SD-WAN into existing network infrastructures can be complex, especially for organizations with diverse technologies and legacy systems. Ensuring a smooth integration without disrupting ongoing operations requires careful planning and expertise.
 

Managed SD-WAN Services Market Trends

The growing preference for software-defined networking (SDN) is a key trend propelling the managed SD-WAN services industry forward. As organizations increasingly prioritize flexibility and efficiency in network management, SDN provides a dynamic solution. The ability to centralize control and automate network configurations aligns with the evolving needs of businesses. This trend drives the adoption of managed SD-WAN services, where SDN's inherent capabilities contribute to creating more agile, responsive, and scalable network infrastructures.

For instance, in 2023, Orange Business integrated managed VMware SD-WAN into the carrier's Evolution Platform, simplifying the incorporation of a software-defined networking element for enterprise customers. This integration facilitates the seamless addition of SD-WAN capabilities to their operations, enhancing the overall networking experience for businesses. This integration strengthens the market by offering enterprise customers a streamlined and accessible pathway to incorporate advanced SD-WAN capabilities, ensuring enhanced connectivity and operational efficiency.
 

Managed SD-WAN Services Market Analysis

Based on services, the market is divided into SD-WAN deployment services, SD-WAN integration services and others. The SD-WAN integration services segment accounted for around 44% market share in 2023 and is anticipated to grow significantly in the coming years. Recognizing the critical role of integration services in optimizing performance, ensuring compatibility, and minimizing disruptions, organizations increasingly invest in this segment. The demand for tailored integration solutions significantly contributed to the segment's prominence, solidifying its position as a key driver of growth within the managed SD-WAN services industry.
 

Based on application, the market is categorized into manufacturing, IT & telecom, healthcare, retail, BFSI, government, and others. The IT & telecom segment accounted for a market share of around 30% in 2023. With the growing complexity of IT infrastructures, businesses in this industry prioritize seamless connectivity, scalability, and cost-effectiveness. Managed SD-WAN services cater to these needs, offering a robust solution for efficient network management. As digital transformation accelerates, the IT and telecom segment continues to be the driving force in shaping the market landscape.
 

North America is experiencing growth in the managed SD-WAN services market. The region accounted for a market share of around 44% in 2023 and is poised for substantial growth over the forecast period. With a dynamic business environment, companies in North America prioritize scalable and secure network solutions. The region's strategic investments in SD-WAN technologies, in line with a focus on digital transformation, have propelled it to the forefront, making North America a key contributor to the evolving outlook of the market.
 

Managed SD-WAN Services Market Share

Masergy (Comcast), Cisco Systems and Aryaka hold a dominant share of 22% in the managed SD-WAN services industry. These companies expanded their industry share by implementing innovative solutions and forging key partnerships. Through targeted investments in technology and customer-centric approaches, these players enhanced their service portfolios, addressing evolving market demands. Proactive engagement with clients and a commitment to delivering reliable, efficient SD-WAN solutions enabled them to solidify their market presence and stay ahead in this dynamic and competitive landscape. Masergy (Comcast) is expanding and enhancing the service portfolio to offer a comprehensive suite of Managed SD-WAN Services with added features and capabilities.
 

Cisco Systems is continuously innovating and staying at the forefront of SD-WAN technology to provide cutting-edge solutions that meet evolving customer requirements. Building and expanding an ecosystem of partners, including cloud providers, security vendors, and application developers, to create a comprehensive and interoperable SD-WAN environment. Aryaka offers solutions that cater to the growing demand for hybrid and multi-cloud connectivity, enabling businesses to seamlessly integrate and manage their cloud resources.
 

Managed SD-WAN Services Market Companies

Major players operating in the managed SD-WAN services industry are:

• Aryaka
• Barracuda
• Cato Networks
• Cisco Systems
• Fortinet
• Masergy (Comcast)
• Palo Alto
• Verizon
• Versa
• VMware
   

Managed SD-WAN Services Industry News

• In November 2023, Etisalat by E& introduced cutting-edge managed SD-WAN services, revolutionizing network connectivity standards. This service, powered by a software-defined network architecture, represents a pivotal shift in enterprise connectivity. Delivering a responsive and flexible network solution, it addresses the dynamic needs of modern business landscapes, setting a new benchmark in the industry.
   
• In August 2023, Fortinet broadened its service offerings by introducing two new SD-WAN services aimed at streamlining operations and improving the digital experience. These newly introduced Underlay and Overlay Services are designed to simplify SD-WAN deployments, ensuring a seamless process, which is particularly beneficial for organizations with limited resources.
   

The managed SD-WAN services market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Billion) from 2018 to 2032, for the following segments:

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Market, By Services

• SD-WAN Deployment Services
• SD-WAN Integration Services
• Others

Market, By Enterprise size

• SMEs
• Large Enterprises

Market, By Application

• Manufacturing
• IT & Telecom
• Healthcare
• Retail
• BFSI
• Government
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Netherlands
• Asia Pacific
  • China
  • India
  • ANZ
  • Japan
  • South Korea
  • Southeast Asia 
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia 
• MEA
  • UAE
  • South Africa
  • Saudi Arabia
  • Israel