WAN Optimization Market:
WiseGuyReports.com adds “Global WAN Optimization Market Research Report 2020 Analysis and Forecast 2027” reports to its database.
Global WAN Optimization Market is valued approximately USD 0.9 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.7 % over the forecast period 2020-2027. Wide Area Networking (WAN) optimization technology used to carry out projects and new application rollouts, also enables heavy transfer of data across network without bandwidth. This technology includes data security, data center consolidation, maximizing of regulatory compliance, transparency of application data flow and backup infrastructure among others. It also handles real-time applications that includes streamlining of video, Voice over Internet Protocol (VoIP) and pre-population of on-demand video among other features substantially which in turn reduces the demand of networks. The global WAN Optimization is being highly demanded due to the coronavirus pandemic as employees are asked to work from home and organizations are temporary shutdown. So various companies are adapting WAN Optimization for operating their business efficiently. Also, enterprises are focusing on WAN optimization technologies with an objective to maintain network infrastructure, aiming at deriving maximum benefits in terms of bandwidth optimization, increased throughput, scalability and network acceleration. Furthermore, the introduction of products and services and other strategic alliance by market key players will create a lucrative demand for this market. For instance: on 16th February 2017, Infovista launched Ipanema 9.1, is an update to its Application-Aware SD-WAN solution. Ipanema 9.1 simplifies enterprise SD-WAN implementations and enables enterprises to deliver a greater user experience for business-critical applications. However, impact of latency of network for video content and VoIP is the major factor restraining the growth of global WAN Optimization market during the forecast period.
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The regional analysis of global WAN Optimization Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rising demand for the next-generation 5G network. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.
Major market player included in this report are:
Thoma Bravo (Riverbed)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Small and Medium-Sized Enterprises
Traditional Wide Area Network
Software-Defined Wide Area Network (SD-WAN)
Banking, Financial Services, and Insurance
Telecom And IT
Media and Entertainment
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global WAN Optimization Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
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