Tag Archives: SD-WAN Market Report

****** SD-Wan Market Is Projected to reach $9,378.6 Million by 2022

The SD-WAN market size is set to cross $9.3 billion by 2022, growing at a CAGR of 59.2% between 2016-2022. The market is driven by factors such as rise of cloud computing, need for cost effective network management, simplified network architecture and increasing need for network security and visibility. In terms of type, the SD-WAN market is classified into product (WAN infrastructure, and SD-WAN control and overlay) and service (CSP SD-WAN managed and cloud-managed SD-WAN). SD-WAN products accounted for larger revenue in the SD-WAN market in 2015, and are also expected to contribute larger revenue during the forecast period. However, the market for SD-WAN service is expected to witness higher CAGR of 97.0%, during the forecast period.