The Managed SD-WAN Services market refers to the market for managed services related to the delivery and operation of software-defined wide area network (SD-WAN) solutions. SD-WAN is a network architecture that uses software to control the routing of network traffic between multiple sites, allowing organizations to more efficiently and cost-effectively manage their WAN.
Managed SD-WAN services offer customers the benefits of SD-WAN technology without the need to manage and maintain it themselves, providing network design, implementation, monitoring, and support services. The market is expected to grow due to the increasing demand for cloud-based applications and the need for more flexible and efficient WAN solutions. Key players in the market include Cisco Systems, Aryaka Networks, Orange Business Services, Silver Peak, and VMware.
During the projected period of 2021–2031, the market for managed SD-WAN services is anticipated to grow at a CAGR of 30%, reaching an estimated value of US$ 11.0 billion. The virtualized WAN connection known as SD-WAN combines and overlays all current network connections.
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To ensure high levels of SD-WAN performance and security, SD-WAN optimises routing paths based on business goals, policies, and bandwidth. It also enables enterprises to control traffic dynamically. Control, speed, and convenience are advantages of managed SD-WAN services, but they also need to be managed and set up by experts.
Application traffic is prioritised over various WANs according to business priorities and QoS Security using managed SD-WAN services for application-based networking.
Who are the Key Providers of Managed SD-WAN Services?
Some of the leading Managed SD-WAN Services providers include
- Verizon
- VMware
- Cisco
- AT&T
- Fujitsu
- Silver Peak
- Telstra, Versa Network
- Masergy
- Cirtix
- Adaptiv Network
- Aryanka Networks among others.
Managed SD-WAN Services vendors adopt various expansion strategies for enhancing their presence and increasing the market share in the global market. The strategies that Managed SD-WAN Service providers follow include acquisitions, partnership and collaborations with other players, new product launches, and strengthening of regional and global channel partner ecosystem.
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U.S. Managed SD-WAN Services Market Outlook
The U.S. is expected to be among the first country to introduce large-volume 5G wireless applications and networks, as regulators pave the wave for rapidly growing next-generation services. In North America, enterprises such as AT&T Inc. and Verizon Communication Inc. are coming together to adopt 5th-generation wireless technology.
Moreover, the U.S. federal commission has decided to open a high-frequency spectrum of around 11GHz for mobile, fixed-use, and flexible wireless broadband. Adoption of SD-WAN services has increased among businesses in U.S, which would drive the demand for such services.
Businesses and organizations in U.S. are finding themselves in an increasingly complex network world. As the volume of data continue to rise, businesses are transforming through automation and virtualization for optimizing the cost and scale of experiences that they want to create.
Key Segments
By Services:
- SD-WAN Deployment Services
- SD-WAN Integration Services
- Others
By Enterprise Size:
- SMEs
- Large Enterprises
By Industry:
- Manufacturing
- IT & Telecom
- Healthcare
- Retail
- BFSI
- Government
- Others
By Region:
- North America
- US
- Canada
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Europe
- UK
- France
- Germany
- Italy
- Spain
- BENELUX
- Russia
- Rest of Europe
- East Asia
- China
- Japan
- South Korea
- South Asia & Pacific
- India
- Thailand
- Indonesia
- Malaysia
- Australia & New Zealand
- Rest of South Asia & Pacific
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About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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