Key players profiled in this report are: Silver Peak, Inc., Talari Networks, Inc., Nuage Networks, VeloCloud Networks, Inc., Versa Networks, Inc.?, Viptela, Inc., Riverbed Technology, Inc., Cloudgenix Inc., Fatpipe Networks Inc. and Citrix Systems, Inc.

Pune, India -- (SBWire) -- 04/24/2018 --The SD-WAN market is expected to grow to an impressive CAGR over the forecast period. As companies focus on improving their products and solutions, the managed services sector is expected to grow significantly during the forecast period. Managed services provide SDN-WAN to end users, reducing operational costs and managing them flexibly. The market is projected to grow at a CAGR of +55% by 2023 According to new research
A wide area network (WAN) includes a larger geographic area than a local area network (LAN). A public network, such as a telephone system, is used for connections on the WAN. Software-defined WAN (SDWAN) provides the enterprise with options to configure the network. Hardware devices operating on the network are managed and controlled with the help of SDWAN. SDWAN can implement complex flow-related algorithms on hardware components of the network. It offers tremendous potential for organizations with multiple locations and significant network traffic.

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Automation techniques are used to route and route data traffic, which reduces procedural complexity. As the adoption of cloud technology increased, a large amount of data repositories was created. Cloud technology requires high bandwidth in wide area networks. SDWAN helps to improve bandwidth according to the requirements of cloud technology.
SD-WAN applications are seeing potential growth in manufacturing industries in various regions due to the increased adoption of SD-WAN applications. In addition, the BFSI and IT & Telecom divisions are introducing SD-WAN technology early to provide better service to customers. Companies in manufacturing, BFSI and IT and telecommunications are working to improve operational efficiency and reduce operational costs.
This report studies the global SD-WAN (Software-Defined Wide Area Network) market, analyzes and researches the SD-WAN (Software-Defined Wide Area Network) development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like: Silver Peak, Inc., Talari Networks, Inc., Nuage Networks, VeloCloud Networks, Inc., Versa Networks, Inc.?, Viptela, Inc., Riverbed Technology, Inc., Cloudgenix Inc., Fatpipe Networks Inc. and Citrix Systems, Inc.

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"Asia Pacific (APAC) is expected to see high growth potential during the forecast period"
North America is expected to maintain its largest market share in 2017, and APAC is expected to show the fastest maturity in terms of CAGR. Because APAC is the fastest growing region, many investors are investing in this area because investors represent tremendous growth opportunities. SD-WAN solutions are being adopted in the APAC region because of the need for reliable enterprise-class networks, high performance of mission-critical cloud applications and better visibility into network performance and usage.
Software Definition by Deployment Type, The WAN Market consists of an in-house and a cloud. On-premises deployment helps you upgrade the in-house capabilities of enterprise solutions such as firewall and remote site surveillance. Cloud solutions makes it easy to deploy advanced cloud-based solutions such as high-quality Internet and security-intensive access. Cloud-based services are expected to be the largest by 2021. SD-WAN is driving the market with growing demand for cloud-based services.
The software-defined WAN market is also categorized by the type of services utilized and distributed to end users, such as managed services and professional services. Managed Services is the number one market share in 2017. Managed Services provide end-users with SDN-WAN solutions that reduce overall operational costs and provide greater flexibility. It also seamlessly integrates WAN and branch networks to provide an end-to-end solution for end users.