APAC SD-WAN market growth driven by extensive utilization across manufacturing sector

The Asia Pacific software-defined wide area network (SD-WAN) market share was estimated at $150 million during 2019 and is projected to surge at a staggering 60% CAGR between 2020 and 2026. The lucrative expansion of the market is attributable to the swift developments across the wireless and digital network infrastructure in Asia Pacific. The emergence of technologies such as the industrial Internet of Things (IoT) will also aid market expansion.

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From the manufacturing segment, APAC SD-WAN industry share is anticipated to surge at a whopping 65% through the forecast timeline, triggered by the deployment of smart devices and connected sensors. Moreover, as the industrial IoT makes substantial strides, the segment is expected to progress further. Utilization of SD-WAN solutions aids enterprises in the management of network traffic and simplification of network management. Additionally, these enterprises can have access to in-depth visualization of endpoints throughout their network infrastructure.  

Several industry verticals have been displaying increasing interest in deploying cloud services. Due to this, the cloud deployment segment is set to accrue remarkable remunerations through the upcoming times. The segment is projected to rise at more than 65% CAGR during the forecast timeframe and held over 15% of the market share during 2019. Implementation of cloud computing is advantageous for companies as it helps in dispensing with the need to maintain and invest in on-premise IT solutions. As the demand for cloud-based SD-WAN systems surges, the Asia Pacific SD-WAN industry will advance to a great extent.

The increasing uptake of networking technologies and virtualization has been permitting enterprises to engage in the development of innovative SD-WAN services and solutions. For example, Spectra, an India-based service provider, announced its plan to provide customers with Versa Network’s SD-WAN services across the nation in February 2019. Through this collaboration, Spectra is expected to provide SaaS and WAN optimization, centralized management, intelligent traffic routing, and network security to Indian enterprises and businesses.

In terms of component, the solution segment is slated for considerable growth through the upcoming time. Growing at a 60% through the forecast timeline, the segment is likely to receive significant momentum due to deployment of wireless physical appliances by enterprises. Physical appliances offer advanced security and considerable SD-WAN functionalities. Since several companies across the region have been striving to enhance their network infrastructure as per the demands of customers, the growing need for solutions will translate to higher gains for the APAC SD-WAN market forecast.

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The major vendors operating in the market for SD-WAN in Asia Pacific have been concentrating on product development via strategic collaborations. For example, Menlo Security, a provider of cloud services, announced its collaboration with VMware VeloCloud during November 2019.  

Nuage Networks, Aryaka Networks, Inc., Riverbed Technology, Silver Peak, VMware, Inc., Versa Networks, ZTE Corporation, Citrix Systems, Inc., Barracuda Networks, Inc. Oracle Corporation, and Cisco Systems, Inc are some leading vendors in the Asia Pacific software-defined wide area network market.

Table of content:

Chapter 3   Asia Pacific Software-Defined Wide Area Network (SD-WAN) Industry Insights

3.1    Industry coverage

3.2    Industry size, 2015 – 2026

3.3    Impact of COVID-19 pandemic

3.4    Value chain analysis

3.4.1    Company product snapshot

3.5    Innovation landscape

3.6    Regulatory norms & directives

3.7    Drivers & restraints

3.7.1    Market drivers

3.7.2    Market restraints

3.8    Industry analysis - Porter's

3.9    Competitive benchmarking, 2019

3.9.1    Strategy dashboard

3.10    PEST analysis

Chapter 4   Asia Pacific Software-Defined Wide Area Network (SD-WAN) Market Size, By Component

4.1    Market trends, by component

4.2    Solution

4.2.1    SD-WAN solution market size, 2015-2026

4.2.2    Physical appliance

4.2.2.1    Physical appliance market size, 2015-2026

4.2.3    Virtual appliance

4.2.3.1    Virtual appliance market size, 2015-2026

4.3    Service

4.3.1    SD-WAN service market size, 2015-2026

4.3.2    Training and consulting

4.3.2.1    Training and consulting market size, 2015-2026

4.3.3    Integration and maintenance

4.3.3.1    Integration and consulting market size, 2015-2026

4.3.4    Managed services

4.3.4.1    Managed services market size, 2015-2026

Chapter 5   Asia Pacific Software-Defined Wide Area Network (SD-WAN) Market Share, By Deployment Model

5.1    Key trends, by deployment model

5.2    On-premise

5.2.1    On-premise market size, 2015-2026

5.3    Hybrid

5.3.1    Hybrid market size, 2015-2026

5.4    Cloud

5.4.1    Cloud market size, 2015-2026

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