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Software-Defined Wide Area Network (SD-WAN) Market Share

  • Report ID: GMI2214
  • Published Date: Feb 2024
  • Report Format: PDF

Software-Defined Wide Area Network Market Share

Cisco Systems Inc. and Hewlett Packard Enterprise (HPE) hold a significant market share of over 10% in the software-defined wide area network industry. These key companies focus on innovation, continually enhancing their SD-WAN solutions with advanced features like AI-driven optimization, cloud integration, and enhanced security protocols. Secondly, strategic partnerships and collaborations are pursued to expand market reach and offer comprehensive solutions.
 

Additionally, mergers and acquisitions enable companies to consolidate their market presence and augment their offerings. Moreover, robust marketing and branding efforts are employed to amplify visibility and differentiate offerings in a crowded marketplace. Furthermore, a customer-centric approach, with a focus on understanding and addressing specific business needs, helps build loyalty and trust, ultimately strengthening their foothold in the dynamic SD-WAN landscape.
 

Software-Defined Wide Area Network Market Companies

Major players operating in the software-defined wide area network industry are:

  • Aryaka Networks, Inc.
  • Cisco Systems, Inc.
  • Extreme Networks, Inc.
  • Hewlett Packard Enterprise (HPE)
  • Huawei Technologies Co., Ltd.
  • Juniper Networks, Inc.
  • Martello Technologies Group Inc.
  • Oracle Corporation
  • Palo Alto Networks, Inc.
  • Versa Networks, Inc.
  • VMware, Inc.
  • ZTE Corporation
Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of software-defined wide area network was reached USD 7.2 billion in 2023 and is estimated to register over 27% CAGR between 2024 and 2032, owing to the scalability and flexibility that this network offers.

In 2023, the on-premises segment accounted for a market share of 70% and is projected to grow through 2032, as SD-WAN solutions offer scalability and flexibility to businesses, particularly those with stringent security and compliance requirements, to keep critical network functions and data on-premises.

North America dominated the global software-defined wide area network market with a major share of over 45% in 2023 and will grow significantly through 2032 due to the region's large and diverse business landscape, ranging from small startups to multinational corporations, demanding scalable and flexible networking solutions.

Aryaka Networks, Inc., Cisco Systems, Inc., Extreme Networks, Inc., Hewlett Packard Enterprise (HPE), Huawei Technologies Co., Ltd., Juniper Networks, Inc., Martello Technologies Group Inc., Oracle Corporation, Palo Alto Networks, Inc., Versa Networks, Inc., VMware, Inc., and ZTE Corporation.

Software-Defined Wide Area Network Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 285
  • Countries covered: 24
  • Pages: 260
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