SD WAN Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Global SD-WAN Market is Segmented by Deployment (Premise, Cloud, and Hybrid), Component Type (Solutions and Services), Organization Size (Large Enterprise and Small-Medium Enterprise), End-user Industry (Healthcare, Manufacturing, IT and Telecom, Banking and Financial Services, Government, Retail and Consumers Services, Transport and Logistics, and Other End-user Industries), and Geography (North America, Europe, Asia-Pacific, Latin America). The market, sizes and forecasts are provided in terms of value (USD million) for all the above segments.

SD WAN Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Software-Defined Wide Area Network Industry Overview

The Software-defined Wide Area Network Market is highly competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. The service providers are engaging themselves in mergers and acquisitions in order to gain a competitive advantage and trigger expansion.

In February 2022, Cisco joined hands with Microsoft Teams and Office 365 to address inconsistent software-as-a-service (SaaS) performance. Cisco released an updated version of their SD-WAN software which supports the optimal routing of Microsoft SaaS apps, including Microsoft SharePoint, OneDrive, and Teams on their SD-WAN. Cisco SD-WAN customers can leverage Cisco's Cloud OnRamp to intelligently route Microsoft 365 traffic to provide the fastest, most secure, and most reliable end-user experience.

In March 2022, Verizon collaborated with VMware, which will help Verizon roll the software giant's VeloCloud SD-WAN platform into its managed services portfolio. The service includes a centralized SD-WAN orchestrator, a network of globally distributed SD-WAN gateways, and a bevy of edge appliances for branch connectivity.

In November 2022, TVI, the technology services distributor, signed a deal with Aryaka that will allow TBI agents to sell the secure network services provider's offering. It will also offer a unified, secure access service edge (SASE). With its advanced technology, Aryaka fully converges advanced networking and cybersecurity features onto the same cloud-based platform rather than running them in separate silos.

Software-Defined Wide Area Network Market Leaders

  1. Cisco

  2. Fortinet

  3. Colt

  4. vmware

  5. Tata Communication

  6. *Disclaimer: Major Players sorted in no particular order
 Software-Defined Wide Area Network Market Concentration