SD WAN Managed Services Market: Introduction
As the society continues to evolve, interconnection of people, devices and content, and networks has become an important part of this new world. As the internet connects all the things, networks need to provide more value than simply a raw bandwidth. The time it takes to bring up new sites and interconnecting sites or public or private clouds has increasingly become an issue. Additionally, services and bandwidth changes, often take weeks because they involve manual workflow-based processes that are unacceptable for a society now accustomed to on-demand cloud-based applications and services. SD WAN with the managed services it provides has emerged as one such solution to address these issues.
Unlike other network connectivity services, SD WAN managed service use application-driven networking where application traffic is forwarded over different WANs based on QoS, Security and Business priority policies. SD WAN must be operated by either the enterprise or by a service provider. Many enterprises today prefer to have a Communications Service Provider (CSP) or Managed Service Provider (MSP) to deliver a SD WAN managed service rather than own and operate the SD WAN themselves, since network management and operations is not their core business. CSPs and MSPs are now aggressively introducing SD WAN managed services to address the enterprise challenges and deliver agile, assured and orchestrated third network connectivity services leveraging SD WAN technologies.
SD WAN Managed Services Market: Drivers and Challenges
One of the drivers for the SD WAN managed services market is the rapid service provisioning system it follows. The other drivers for the SD WAN managed services market comes with the ability to scale the network on-demand, business agility to adjust to market dynamics, ability to dynamically tailor the application needs and lower network connectivity service costs. These drivers allow the organization to use SD WAN managed services without hesitation as it increase the efficiency of the company by saving the capital, which was used before in the DIY model. This capital can be now used for making strategic decisions, which would lead to more efficiency and revenue growth.
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The restraint for SD WAN managed services market are with the current OSS/BSS systems, which are inadequate. Also, other restraints for the SD WAN managed services market are integration with legacy infrastructure, standards being insufficient or incomplete, network operators not being strategically committed to the job, and funding constraints for deployment.
SD WAN Managed Services Market: Segmentation
The SD WAN managed services market can be segmented on the basis of component, organization size, vertical and region.
On the basis of component, the SD WAN managed services market is segmented into: SD-WAN Edge SD-WAN Controller Service Orchestrator SD-WAN Gateway Subscriber Web Portal
On the basis of organization size, the SD WAN managed services market is segmented into: Large Enterprises Small and Medium Enterprises
On the basis of verticals, the SD WAN managed services market is segmented into: BFSI Healthcare Retail IT & Telecommunication Manufacturing Government Others
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SD WAN Managed Services Market: Key Players
Examples of some of the market participants in the global SD WAN managed services market identified across the value chain include Fujitsu, Silver Peak, Telstra, Versa Networks, Masergy, Verizon, VMware, Inc., Citrix, Cisco, and AT&T, among others.
SD WAN Managed Services Market: Regional Overview
On the basis of geography, the SD WAN managed services market is segmented across North America, Latin America, Europe, CIS & Russia, Asia Pacific excluding Japan, Japan, and Middle East & Africa. Among these, North America is expected to be the leading regional market for SD WAN managed services in terms of value due to the technological advancements in the region and also due to increased use of SD WAN among various industry verticals. North America is expected to be followed by Asia Pacific excluding Japan as the region has large number of small and medium organizations, which as a result increase the adoption of SD WAN managed services. In terms of growth, Asia Pacific excluding Japan SD WAN managed services market is leading the market followed by Europe.
The report covers exhaustive analysis on: SD WAN Managed Services Market Segments SD WAN Managed Services Market Dynamics Historical Actual Market Size, 2012 – 2016 SD WAN Managed Services Market Size & Forecast 2017 To 2027 Supply & Demand Value Chain SD WAN Managed Services Market Current Trends/Issues/Challenges Competition & Companies involved SD WAN Managed Services Market Value Chain SD WAN Managed Services Market Drivers and Restraints
Regional analysis for SD WAN Managed Services Market includes North America US Canada Latin America Brazil Mexico Argentina Chile Peru Rest of LatAm Europe EU – 4 (Germany, France, Italy, Spain) UK BENELUX (Belgium, Netherlands, Luxemburg) NORDIC (Norway, Denmark, Iceland, Sweden) Eastern Europe (Poland, Ukraine, Czech Rep. etc.) Rest of Europe CIS & Russia Japan APEJ Greater China India Korea ASEAN Countries Rest of APEJ Middle East & Africa GCC Countries Turkey Iran Israel South Africa Rest of MEA
The report is a compilation of first-hand information, qualitative, and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights: Detailed overview of parent market Changing market dynamics of the industry In-depth market segmentation Historical, current and projected market size in terms of value Recent industry trends and developments Competitive landscape Strategies of key players and product offerings Potential and niche segments/regions exhibiting promising growth A neutral perspective towards market performance Must-have information for market players to sustain and enhance their market footprint
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