Software Defined Wide Area Network Market Summary
As per Market Research Future Analysis, the Software-Defined Wide Area Network (SD-WAN) market is experiencing significant growth driven by the increasing adoption of mobile workers and enterprise mobility. The market is projected to reach USD 32.167 billion by 2032, with a compound annual growth rate (CAGR) of 21.3% from 2024 to 2032. The COVID-19 pandemic has accelerated the demand for cloud-based solutions, enhancing the market's dynamics. Key drivers include the rise of BYOD policies, the proliferation of cloud applications, and the need for secure access to enterprise data. However, reliability issues and the inability to guarantee Quality of Service (QoS) pose challenges to market growth. The market is segmented by components, deployment, organization size, and verticals, with the IT and telecommunications sector expected to dominate. North America is anticipated to lead the regional market, followed by Europe.
Key Market Trends & Highlights
The SD-WAN market is characterized by rapid growth and evolving technology trends.
- Market Size: USD 32.167 billion by 2032; CAGR: 21.3% from 2024 to 2032.
- North America was valued at USD 1,297.5 million in 2019; CAGR: 37.5%.
- IT and telecommunications sector expected to dominate the market.
- Cloud segment projected to lead in deployment.
Market Size & Forecast
Market Size: USD 32.167 billion by 2032
CAGR: 37.5%.
North America: USD 1,297.5 million in 2019
Major Players
Citrix Systems Inc., Cisco Systems Inc., VMware Inc., Fortinet, Aryaka Networks, Riverbed Technology, Nokia (Nuage Networks), Palo Alto Networks Inc.
Figure 1: Software-Defined Wide Area Network (SD-WAN) Market Size, 2023-2032 (USD Billion)

Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review
Covid 19 Analysis
The current situation of coronavirus worldwide has created Chaos amongst the few players who are operating in the cloud or any other technologies. Industry players with advanced technologies such as zoom communications for video conferencing solutions and cybersecurity companies like okta and many others developed due to the growing trend of work from home from enterprises. Going to the strength during which a large couple of top cloud companies like Google cloud platform, Amazon, and Microsoft corporations are gaining a better market share.Â
Software-Defined Wide Area Network Market Dynamics Drivers
The factors that are majorly contributing to the software-defined wide range networks market is the increasing adoption due to the rising mobile workers which are adding to the growth of the market. Enterprise mobility has also been held to offer secured access to enterprise data, business continuity, and growth in regards to scalability as well as flexibility. In addition to this due to enterprise mobility, employees can create a healthy balance between work as well as life. All these factors have boosted the use of services such as notebooks, tablets, and smartphones to access business applications. Some other factors that are majorly contributing to the rise in the growth of software-defined wide area networks are major adoption of BYOD policies that enterprises have adopted.
Also, factors include a growing number of cloud-based applications, rising adoption of mobile devices which consists of notebooks, smartphones, and tablets to access business networks. In addition to this companies are concentrating on minimizing the operational expenditure with the software-defined wide area network market. Also, the encounter of smart loT devices across different enterprise verticals has proved to be a great factor of growth for the software-defined wide area network.
Opportunities
Several factors contribute to the rising network traffic to create robust possibilities for the software-defined wide area network market. Hence the factors for opportunities include the internet traffic in the last couple of years that has increased due to the high rise in video content traffic. Also, the demand and shift of consumers towards high-quality video streaming have increased the demand for high bandwidth. With the help of a software-defined wide area, network market operators can set rules for prioritizing network traffic as well as its applications. The rise in network traffic is also predicted to have robust opportunities for the market players. These are some of the factors that contribute as an opportunity to the growing software-defined wide area network.
Restraints
Factors that hamper the growth of software-defined wide area network market despite being advanced technology software-defined wide area network market has immense reliability issues. Smartware defined wide area network markets cannot guarantee QoS on their own. These factors negatively impact the software-defined wide area network market growth.
Value Chain Analysis
The benefits are mostly experienced by virtualization leaders like Citrix and VMware and others startups and companies with multi-cloud infrastructure and cloud-native infrastructure. As the government policies of work from home continued due to social distancing and lock down the major key players of leading technology companies coped up with new trends. This company made most of the new technological solutions which wonderfully supported WFH and allowed the workforce to work from a remote location. Some software-defined wide area network companies such as colt Technology services, Aryaka networks, Nuage networks, and Versa networks have developed and launched several product ranges for supporting issues that are work-related due to the ongoing covid-19 pandemic.
Software-Defined Wide Area Network Market Segmentation
The software-defined wide area network market is classified based on the component, based on the deployment, based on the organization size, and based on the vertical.Â
Based on the Component
Based on components, the global market of the SD-WAN is segmented into solutions, appliances, and services. The appliance segment is again further bifurcated into virtual and physical. The physical appliance segment is further divided into cables, gateways, switches, access points, and routers. The virtual appliance segment is again divided into the internet, web portal, and CSP. Out of all these services segments are estimated to lead the market over the forecasted period.
Based on the Deployment
The Global software-defined wide area network market is divided based on deployment into on-premise and cloud.
The cloud segment is estimated to dominate the market over the forecasted period.
Based on the Vertical
Based on verticals, the software-defined wide area network market is classified into retail, healthcare, manufacturing, BFSI, and IT and telecommunication. Out of all these segments the IT and telecommunications segment is estimated to be widespread over the forecasted period. The software-defined wide area network (SD-WAN) market is predicted to touch USD 19,093.2 Million at a whopping 38.5% CAGR between 2017- 2026
Based on the Organization Size
Based on organization size, the software-defined wide area network marketing is segmented into large enterprises and SMEs.
Based on the End-Users
On an end-user basis, the SD-WAN market is divided into service providers and verticals.
Software-Defined Wide Area Network Market Regional Analysis
On a regional basis, the SD-WAN market is divided into Europe, North America, Asia Pacific, and the rest of the world.
North America is predicted to dominate the market. North America was valued at USD 1,297.5 million in 2019 with a CAGR of 37.5% over the forecasted period.
Europe is predicted to show the second largest share with the value of $462.5 million in 2019. In addition to this, the CAGR is expected to be 39.2%.
Competitive Landscape
The prominent key players of the software-defined wide area network market in the global market are mentioned down below.
All these prominent key players play a major road in the dynamics and growth of the software-defined wide area network market. These major key players opt for many strategies such as, acquisitions, extensions, innovations, new production processes, collaborations, mergers, technology widening the existing products, partnerships, etc. All these strategies are opted to get the needs of customers and develop a strong potential growth base.
Software Defined Wide Area Network Market Industry Developments
- Q2 2024: Aryaka raises $100M to expand its SD-WAN and SASE platform Aryaka, a leading SD-WAN and SASE provider, announced a $100 million funding round to accelerate product development and global expansion of its software-defined wide area network solutions.
- Q2 2024: Cisco Announces New SD-WAN Innovations to Simplify Hybrid Work Cisco unveiled new SD-WAN features designed to enhance security and performance for hybrid workforces, including AI-powered analytics and expanded multi-cloud connectivity.
- Q2 2024: Juniper Networks Expands SD-WAN Portfolio with New AI-Driven Capabilities Juniper Networks launched new AI-driven enhancements to its SD-WAN portfolio, aiming to improve network automation, security, and user experience for enterprise customers.
- Q3 2024: VMware and Google Cloud Partner to Deliver Integrated SD-WAN Solutions VMware announced a strategic partnership with Google Cloud to offer integrated SD-WAN solutions, enabling enterprises to optimize connectivity and security for cloud workloads.
- Q3 2024: Fortinet Launches Next-Generation Secure SD-WAN Appliance Fortinet introduced a new secure SD-WAN appliance featuring advanced threat protection and improved performance for distributed enterprises.
- Q3 2024: HPE Aruba Networking Unveils Enhanced SD-WAN Orchestration Platform HPE Aruba Networking announced enhancements to its SD-WAN orchestration platform, focusing on simplified management and improved cloud integration.
- Q4 2024: Versa Networks secures $50 million in Series D funding Versa Networks, a provider of SD-WAN and SASE solutions, raised $50 million in Series D funding to support product innovation and global market expansion.
- Q4 2024: Aryaka and Microsoft Announce Partnership to Integrate SD-WAN with Azure Virtual WAN Aryaka and Microsoft announced a partnership to integrate Aryaka's SD-WAN solutions with Microsoft Azure Virtual WAN, enabling seamless cloud connectivity for enterprise customers.
- Q1 2025: Cisco Completes Acquisition of Valtix to Bolster SD-WAN Security Cisco completed its acquisition of Valtix, a cloud network security company, to enhance the security capabilities of its SD-WAN offerings.
- Q1 2025: VMware appoints new head of SD-WAN business unit VMware announced the appointment of a new executive to lead its SD-WAN business unit, signaling a renewed focus on enterprise networking solutions.
- Q2 2025: Juniper Networks Wins Major SD-WAN Contract with European Telecom Operator Juniper Networks secured a significant SD-WAN contract with a leading European telecom operator to modernize its enterprise connectivity services.
- Q2 2025: Fortinet acquires SD-WAN startup CloudWAN for $200 million Fortinet announced the acquisition of CloudWAN, an SD-WAN startup, for $200 million to strengthen its position in the enterprise networking market.
Report Overview
The global SD-WAN market in the global market research report consists of the following elements which are mentioned down below-
In the global software-defined wide area network market research report, there are major factors that drive the growth of the market. The report comprises of chances that might facilitate from here on out and hands the worldwide market of software-defined wide area networks. Different elements limit the development of programming characterized wide region organizations and hamper the improvement of such a fine-based market. The research report also consists of various analyses based on Covid 19 impact market dynamics, different segmentations, regional analysis, and the software-defined wide area network market.Â
Attribute/Metric |
Details |
  Market Size |
  USD 32.167 Billion |
  CAGR |
  21.3% |
  Base Year |
  2023 |
  Forecast Period |
  2024-2032 |
  Historical Data |
  2018 |
  Forecast Units |
  Value (USD Million) |
Report Coverage |
  Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
  By Component, Services |
Geographies Covered |
 North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors |
  Versa Networks, Inc., VMware, Inc, Palo Alto Networks, Inc., Nokia (Nuage Networks is a Nokia venture), Cisco Systems, Inc., Oracle, CENTURYLINK, Silver Peak Systems, Inc., Ecessa, ARYAKA NETWORKS, INC., Riverbed Technology, Cato Networks, Citrix Systems, Inc., Forcepoint, and Untangle. |
Key Market Opportunities |
  The rise in network traffic is predicted to have robust opportunities for market players. |
Key Market Drivers |
  The strong software-defined WAN market growth can be accredited to rising software-defined data centers and growing adoption of private cloud. |
Software Defined Wide Area Network Market Highlights:
Frequently Asked Questions (FAQ):
The global software defined WAN market is expected to record a substantial market valuation of up to USD 32.167 Billion by 2032.
The global software defined WAN market is projected to register a moderate 21.3% CAGR in the forecast period.
The software segment is slated to expand as the fastest-growing segment.
The on-premise deployment segment is expected to witness substantial growth.
A few major market players operating in the global software defined WAN market are Viptela (), Talari Networks (U.S.), Nuage Networks (U.S.), and Ecessa Corporation (U.S.) among others.