Pune, India -- (SBWIRE) -- 01/19/2016 -- According to a new market research report "Software Defined Wide Area Network Market by Components (Virtual Appliance, Physical Appliance & Hybrid), Deployment Type (On-Premises & On-Cloud), Service (Managed Services & Professional Services), Verticals, & by Regions - Global Forecast to 2020", published by MarketsandMarkets, which is expected to reach USD 5.57 Billion by 2020. The SD-WAN market size is estimated to grow at an estimated CAGR of 3.64% from 2015 to 2020. SD-WAN is a transformational application installed in existing WAN connections used by enterprises users to simplify their branch networking performance over large geographies. Increasing need of mobility services, and requirement for simplified network architecture is driving the SD-Wan market during the forecast period of 2015 to 2020.

Browse 82 market tables and 31 figures spread through 124 pages and in-depth TOC on "Software Defined Wide Area Network Market - Global Forecast to 2020"

http://www.marketsandmarkets.com/Market-Reports/software-defined-wan-market-53110642.html

Early buyers will receive 10% customization on this report.

Ask for Sample Pages @ http://www.marketsandmarkets.com/requestsample.asp?id=53110642

Banking Financial Services and Insurance (BFSI) are spurring the demand for SD WAN market globally

The SD-WAN market is segmented on the basis of different verticals into BFSI, oil and gas, healthcare, government, manufacturing, and others. The demand for SD-WAN solutions is gaining traction across all the industries. Since improving operational efficiency has become one of the key elements of enterprise strategies, the demand for providing high-speed internet and strong network coverage is increasing rapidly. BFSI holds the largest share of the total market share of SD WAN market across the globe.

Reduced Expenses and Rising Enterprise Mobility are the major drivers for SD WAN adoption.

The major forces driving the SD-WAN market is growing need for enterprise mobility which has given rise to usage of mobile personal devices such as smartphones, notebooks, and tablets to access corporate networks. Furthermore, with the deployment of SD-WAN enables the network operators to save huge capital and operational expenditure is one more major factor driving the SD-WAN market. SD-WAN are affordable in comparison to traditional networking connections as these assists easy up-gradation of traditional complex network into simplified network connections. The enterprises have realized the importance of SD-WAN solutions and are focusing to deploy these solutions in their premises.

Increasing Bandwidth Demand and High Performance Networking requirements are the key driving factor for North America Market

The report also covers the total SD-WAN market by geography. North America is expected to have the largest market share; however, Latin America will grow with the highest CAGR from 2015 to 2020. On-going demand for the increasing bandwidth and increasing dependency in high performance networks are the reason for growth of SD WAN in North America.

The major vendors in the SD-WAN market include Aryaka Networks, Cisco Systems, Talari Networks, FatPipe Networks, Mushroom Networks, and others.

Inquiry before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=53110642

The scope of the report covers detailed information regarding major factors influencing the growth of the SD-WAN market, such as drivers, restraints, opportunities, and challenges. A detailed analysis of the key industry players has been done to provide insights into their business overview, products and services, key strategies, new product launches, partnerships, agreements, collaborations, and recent developments associated with the SD-WAN market.

About MarketsandMarkets
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com