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Managed SD-WAN Services Market Trends

Report ID: GMI7903
Published Date: Jan 2024
Report Format: PDF

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Managed SD-WAN Services Market Trends

The growing preference for software-defined networking (SDN) is a key trend propelling the managed SD-WAN services industry forward. As organizations increasingly prioritize flexibility and efficiency in network management, SDN provides a dynamic solution. The ability to centralize control and automate network configurations aligns with the evolving needs of businesses. This trend drives the adoption of managed SD-WAN services, where SDN's inherent capabilities contribute to creating more agile, responsive, and scalable network infrastructures.

For instance, in 2023, Orange Business integrated managed VMware SD-WAN into the carrier's Evolution Platform, simplifying the incorporation of a software-defined networking element for enterprise customers. This integration facilitates the seamless addition of SD-WAN capabilities to their operations, enhancing the overall networking experience for businesses. This integration strengthens the market by offering enterprise customers a streamlined and accessible pathway to incorporate advanced SD-WAN capabilities, ensuring enhanced connectivity and operational efficiency.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The managed SD-WAN services industry was valued at USD 1 Billion in 2023 and is anticipated to register a CAGR of over 33% between 2024 and 2032. As businesses prioritize modernization, the demand for agile and efficient network solutions intensifies.

The SD-WAN integration services segment accounted for around 44% market share in 2023 and is anticipated to grow significantly in the coming years, driven by the role of these services in optimizing performance and ensuring compatibility.

North America market accounted for a revenue share of around 44% in 2023 and is poised for substantial growth over 2024-2032, owing to the dynamic business environment and strategic investment in SD-WAN technologies.

Aryaka, VMware, Barracuda, Versa, Cato Networks, Verizon, Cisco Systems, Palo Alto, Fortinet and Masergy (Comcast).