March 02, 2020
According to the research report titled ‘Asia Pacific Software Defined- Wide Area Network (SD-WAN) Market Size, By Deployment Model, Component, Application, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2019 – 2025’ available with Market Study Report LLC, Asia-Pacific software defined – wide area network (SD-WAN) market is expected to record a substantial growth during 2019-2025.
According to the report, growing demand for cost efficient WANs in order to support LTE, ethernet, and DSL coupled with rapid digitalization has enhanced the adoption rate of software defined-wide area network among various enterprises across Asia-Pacific, which in turn is a major factor driving the growth of APAC software defined – wide area network industry. There has been an upsurge in investments for development of digital infrastructural. This factor along with rising smart city development is further aiding the market expansion.
By deployment model, the report states that the demand for virtual appliances solutions is set to expand significantly during the forecast period. Growing inclination towards centralized management solutions in order to improve operational performance and rising adoption of cloud technologies among enterprises are stimulating the industry outlook. Virtual appliances facilitate in reducing the deployment time and saves capital cost by using existing hardware. Thus, aforementioned factors are favoring the market outlook.
Based on the application spectrum, IT & telecom applications of SD-WAN in Asia-Pacific will witness lucrative growth in the subsequent years. Proliferation of smartphones has enhanced the adoption of bandwidth-intensive applications. This has compelled the telecom operators to use SD-WAN technology owing to better scalability and reliability as compared to MPLS, which in turn is fueling the segmental growth.
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Considering the geographical landscape, the report cites that software defined – wide area network industry in Japan is poised to acquire commendable gains in the forthcoming years. Surging investments towards commercialization of 5G technology has impelled the volume of data generated. Thus, rising adoption of SD-WAN among enterprises to efficiently manage such high volume data is boosting the regional market growth.
ZTE Corp., Oracle Corp., Versa Networks, Cisco Systems, Inc., VMware, Inc., Silver Peak, Riverbed Technology, Inc., Ecessa Corporation, Peplink, Elfiq Networks, Nuage Networks, CloudGenix, Inc., Barracuda Networks, Inc., Berkshire Partners LLC (Masergy Communications), Huawei Technologies Co. Ltd., FatPipe Networks, Inc., Citrix Systems, Inc., Cato Networks, Aryaka Networks, Inc. and Infovista are the prominent companies operating in APAC software defined – wide area network industry.
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