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    Asia Pacific Software-defined Wide Area Network (SD-WAN) Market Size By Deployment Model (On-premise, Cloud, Hybrid), By Component (Solution [Physical Appliance, Virtual Appliance], Service [Training & Consulting, Integration & Maintenance, Managed Service]), By Application (IT & Telecom, BFSI, Healthcare, Retail & Consumer Goods, Government, Manufacturing), Industry Analysis Report, Regional Outlook (China, Japan, Australia & New Zealand (ANZ), South Korea, India, Southeast Asia, Philippines), Growth Potential, Competitive Market Share & Forecast, 2020 - 2026
    Published Date: December 2020   |   Report ID: GR1586   |   Delivery: PDF  Request Free Sample

    Asia Pacific Software-Defined Wide Area Network (SD-WAN) Market value was over USD 150 million in 2019 and is expected to register a lucrative growth between 2020 and 2026 at a CAGR of over 60%.
     

    SD-WAN Market, By Region

    Asia Pacific SD-WAN Market

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    The Asia Pacific market growth is attributed to the rapid developments of the digital and wireless network infrastructure in the region. The enterprise-wide adoption of cloud services followed by growing need for uninterrupted wireless connectivity is driving the adoption of SD-WAN solutions. The adoption of SD-WAN technology enables companies to pay for functionalities that they require, thus reducing their CAPEX costs. The growing demand to meet the evolving needs of networking infrastructure is supporting the market growth in the region.

    The solution segment in the market is expected to grow at a CAGR above 60% over the forecast period. The growth is attributed to considerable adoption of wireless physical appliances across enterprises. The physical appliances feature advanced security measures and significant SD-WAN functionalities. As a large number of enterprises in the region are transforming their network infrastructure to support changing consumer demands, the companies are adopting these appliances to gain basic SD-WAN functionalities.

    The cloud deployment segment in the market held the market share for over 15% in 2019 and is projected to grow at a CAGR of above 65%. The companies operating in the region are adopting cloud infrastructure to leverage its additional benefits. The cloud deployment enables companies to eliminate the need to invest and maintain their on-premise IT resources. In addition, the extensive penetration of cloud-based SD-WAN solutions is fueling the market growth.

    The manufacturing application segment in the market is expected to grow at a CAGR above 65% over the forecast period. The widespread adoption of connected sensors and smart devices along with development of industrial IoT technology is contributing to the market growth. The use of SD-WAN solutions helps enterprises to manage network traffic and simplify the network management. In addition, manufacturing enterprises can gain in-depth visibility to endpoints across network infrastructure.

    The new product development activities by enterprises in China and surrounding region are supporting in the SD-WAN market growth. For instance, in October 2019, Teridion, a cloud-based SD-WAN service provider, launched an SD-WAN security solution in China. The cloud-based network can be accessed from broadband of any of the three Internet Service Providers (ISPs) China Mobile, China Unicom, and China Telecom. Similar portfolio expansion strategies and supportive government initiatives are anticipated to boost the market growth.

    Prior to the COVID-19 pandemic, the companies operating in the region focused on developing integrated solutions. For instance, in January 2020, Masergy Communications launched Masergy Shadow IT Discovery solution. This features integrated SD-WAN, cloud application, and security capability. This product innovation helped the company in providing customers with a solution to safeguard the network infrastructure. Some of the leading companies operating in the Asia Pacific SD-WAN market include Cisco Systems, Inc., Citrix Systems, Inc., and Huawei Technologies Co. Ltd.
     


    Frequently Asked Question(FAQ) :

    How much did the Asia Pacific Software-Defined Wide Area Network market size account for in 2019?
    The market size of Asia Pacific Software-Defined Wide Area Network was valued over USD 150 million in 2019.
    How much will the Asia Pacific Software-Defined Wide Area Network industry share grow during the forecast timeline?
    The industry share of Asia Pacific Software-Defined Wide Area Network is anticipated to grow at 60% CAGR between 2020 and 2026.
    What factors will impact the Asia Pacific Software-Defined Wide Area Network market share from manufacturing application segment?
    The manufacturing application segment in the Asia Pacific SD-WAN market is expected to grow at a CAGR above 65% over the forecast period. The widespread adoption of connected sensors and smart devices along with development of industrial IoT technology is contributing to the market growth.

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