Training & consulting services in the SD-WAN market are expected to grow at a CAGR of over 64% from 2019 to 2025. To enable customers to effectively deploy SD-WAN solutions, training & consulting service providers offer services for improving the customers? ability to leverage SD-WAN solution deployments, which will meet their business objectives. The service providers offer training & consulting services that help enterprises in deploying, implementing & operating solutions and also help them to use the best strategy to ease the process of network transformation.
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Considering the exponential adoption rate of SD-WAN solutions across the industrial sector, it comes as no surprise that the SD-WAN market has been touted to crop up to be one of the most lucrative investment grounds over the forthcoming years. A majority of SD-WAN adoptions across different enterprises are driven by the need of unburdening the organizations of their expensive legacy WAN infrastructures, which heavily rely upon expensive network hardware appliances to facilitate connectivity to numerous remote locations, and considerably reduce these expenses for the companies.
The physical appliance segment held a major portion of the SD-WAN market having a market share of around 75% in 2018. Physical appliances contain most of the SD-WAN functionality in the appliance itself, including firewalls, dynamic path routing, and WAN optimization. These appliances are the initial choice of SD-WAN adopters as they contain basic functionalities and advanced security in a single product that can be implemented on-premise.
The on-premise deployment model is expected to hold the majority of the market share as this model enables IT architects of organizations to construct their own WAN infrastructure and develop network policies according to their needs. The premise-based models enable enterprises to ensure that their networks are running securely and give them a direct control to handle the security aspects of the infrastructure.
The North America SD-WAN market held a major market share of over 49% in 2018 and is expected to dominate the market in 2025. This growth is driven by a rise in the adoption of business-critical, bandwidth-intensive applications that include cloud apps, video conferencing, and IoT. As enterprises in the region are rapidly migrating to cloud-based platforms, the demand for these solutions will increase owing to the flexibility and data traffic prioritization that they offer.
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Endorsed by a mammoth application terrain, the global SD-WAN industry is expected to traverse alongside a highly lucrative remuneration graph in the ensuing years. As per estimates, the valuation of the overall SD-WAN market would cross a colossal US$17 billion by 2025.
Some Points From Table Of Content: –
Chapter 6. SD-WAN Market, By Deployment Model
6.1. Key trends, by deployment model
6.2.1. On-premise market estimates and forecast, 2014-2025
6.3.1. Cloud market estimates and forecast, 2014-2025
6.4.1. Hybrid market estimates and forecast, 2014-2025
Chapter 7. SD-WAN Market, By Application
7.1. Key trends, by application
7.2. IT & telecom
7.2.1. IT & telecom market estimates and forecast, 2014-2025
7.3.1. BFSI market estimates and forecast, 2014-2025
7.4.1. Healthcare market estimates and forecast, 2014-2025
7.5. Retail & consumer goods
7.5.1. Retail & consumer goods market estimates and forecast, 2014-2025
7.6.1. Government market estimates and forecast, 2014-2025
7.7.1. E Manufacturing market estimates and forecast, 2014-2025
7.8.1. Others market estimates and forecast, 2014-2025
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