March 02, 2020
According to the research report titled ‘Europe Software Defined- Wide Area Network (SD-WAN) Market Size By Component, Application, Deployment Model, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2019 – 2025’ available at MarketStudyReport.com, Europe software defined – wide area network (SD-WAN) market is expected to grow substantially during 2019-2025.
According to the report, proliferation of 4G technology along with rapid digitalization has enhanced the demand for SD-WAN solutions across Europe, which in turn is a major factor driving the market growth. The upsurge in 4G subscribers has impelled the adoption rates of bandwidth-intensive applications. Moreover, current network infrastructure is not ideal for handling these high bandwidth applications. Thus, shifting preference of various enterprises towards SD-WAN technology across Europe is further facilitating the expansion of the market.
As per deployment type, the report states that the cloud deployment model is set to expand significantly during the period of 2019-2025. Rising adoption of cloud-based platform has enabled enterprises to enhance their network performance through load balancing and real-time traffic shaping capabilities. Moreover, cloud-based network aids enterprises to reduce the maintenance and deployment cost of on-premise infrastructure. Thus, aforementioned factors are fueling the segmental growth.
Based on the application spectrum, the report cites that the manufacturing applications of SD-WAN across Europe will witness lucrative growth in the forthcoming years. Increasing usage of connected and smart devices in manufacturing facilities in order to enhance the efficiency of operations is a prime factor stimulating the industry outlook. Moreover, software defined – wide area network technology offers simple management solutions to organizations as well as helps manage network traffic to provide necessary connectivity to critical applications.
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Considering the geographical landscape, UK software defined – wide area network industry is expected to record a substantial growth rate during the forecast period. 5G technology offers high connectivity to remote users. It enables effective operation of real-time applications such as unified communications and video conferencing. These factors, in tandem with rising adoption of SD-WAN solutions in healthcare sector is favoring the regional market outlook.
The prominent companies operating in Europe SD-WAN market are ZTE Corp., Oracle Corp., Versa Networks, Cisco Systems, Inc., VMware, Inc., Silver Peak, Riverbed Technology, Inc., Ecessa Corp., Peplink, Elfiq Networks, Nuage Networks, Barracuda Networks, Inc., Berkshire Partners LLC (Masergy Communications), CloudGenix, Inc., Huawei Technologies Co. Ltd., FatPipe Networks, Inc., Citrix Systems, Cato Networks, Aryaka Networks, Inc., and Infovista.
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