1 EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVENESS ANALYSIS ............................................................................................................................ 24
2 MARKET INTRODUCTION
2.1 DEFINITION ....................................................................................................................................................................... 25
2.2 SCOPE OF THE STUDY ...................................................................................................................................................... 25
2.3 RESEARCH OBJECTIVE ..................................................................................................................................................... 25
2.4 MARKET STRUCTURE ....................................................................................................................................................... 26
3 RESEARCH METHODOLOGY
4 MARKET INSIGHTS
5 MARKET DYNAMICS
5.1 INTRODUCTION ................................................................................................................................................................. 36
5.2 DRIVERS ............................................................................................................................................................................ 37
5.2.1 INCREASING ADOPTION OF PRIVATE CLOUD .............................................................................................................. 37
5.2.2 RISING NUMBER OF SOFTWARE-DEFINED DATA CENTERS ........................................................................................ 37
5.3 RESTRAINT ........................................................................................................................................................................ 38
5.3.1 BANDWIDTH PROVISIONING AND VENDOR LOCK-IN .................................................................................................. 38
5.4 OPPORTUNITY .................................................................................................................................................................. 38
5.5 IMPACT OF COVID-19........................................................................................................................................................ 39
5.5.1 DELAY OF WAN UPGRADE DUE TO RECESSIONARY NATURE OF THE ECONOMY ...................................................... 39
5.5.2 DELAY IN SD-WAN PROJECTS AMONG ENTERPRISES ................................................................................................ 39
5.5.3 MEASURABLE ECONOMIC RECOVERY IN Q4 OF 2020 AND REVENUE REBOUND FROM 2021 ................................... 39
5.5.4 COMPANIES WITH SD-WAN IN PLACE WERE MUCH MORE READY FOR THE PANDEMIC .......................................... 39
5.5.5 IMPACT OF WFH AND EXTENSIVE FLOW OF DATA TRAFFIC ...................................................................................... 40
6 MARKET FACTOR ANALYSIS
6.1.1 MANAGED SERVICE PROVIDERS (MSPS): .................................................................................................................... 41
6.1.2 SD-WAN TECHNOLOGY PROVIDERS: ........................................................................................................................... 41
6.1.3 HARDWARE PROVIDERS: .............................................................................................................................................. 41
6.1.4 SECURITY SOFTWARE PROVIDERS .............................................................................................................................. 42
6.2 PORTER’S FIVE FORCES MODEL ....................................................................................................................................... 42
6.2.1 THREAT OF NEW ENTRANTS ....................................................................................................................................... 42
6.2.2 BARGAINING POWER OF SUPPLIERS ........................................................................................................................... 43
6.2.3 THREAT OF SUBSTITUTES ........................................................................................................................................... 43
6.2.4 BARGAINING POWER OF BUYERS ................................................................................................................................ 43
6.2.5 INTENSITY OF RIVALRY ................................................................................................................................................ 43
7 GLOBAL SOFTWARE-DEFINED WIDE AREA NETWORK (SD-WAN) MARKET, BY COMPONENT
7.1 OVERVIEW ......................................................................................................................................................................... 44
7.2 APPLIANCES ..................................................................................................................................................................... 44
7.2.1 PHYSICAL APPLIANCES ............................................................................................................................................... 44
7.2.1.1 ROUTER ................................................................................................................................................................. 44
7.2.1.2 ACCESS POINT...................................................................................................................................................... 44
7.2.1.3 SWITCHES ............................................................................................................................................................. 44
7.2.1.4 GATEWAYS............................................................................................................................................................ 45
7.2.1.5 CABLES ................................................................................................................................................................. 45
7.2.2 VIRTUAL APPLIANCES .................................................................................................................................................. 45
7.2.2.1 CLOUD SERVICE PROVIDER (CSP) ........................................................................................................................ 45
7.2.2.2 WEB PORTAL......................................................................................................................................................... 45
7.2.2.3 INTERNET ............................................................................................................................................................. 45
7.3 SERVICES .......................................................................................................................................................................... 46
7.3.1 MANAGED SERVICES .................................................................................................................................................... 46
7.3.2 PROFESSIONAL SERVICES ........................................................................................................................................... 46
8 GLOBAL SOFTWARE-DEFINED WIDE AREA NETWORK (SD-WAN) MARKET, BY DEPLOYMENT
8.1 OVERVIEW ......................................................................................................................................................................... 49
8.2 CLOUD ............................................................................................................................................................................... 49
8.3 ON-PREMISES ................................................................................................................................................................... 49
9 GLOBAL SOFTWARE-DEFINED WIDE AREA NETWORK (SD-WAN) MARKET, BY VERTICAL
9.1 INTRODUCTION ................................................................................................................................................................. 51
9.2 BFSI ................................................................................................................................................................................... 51
9.3 HEALTHCARE .................................................................................................................................................................... 51
9.4 MANUFACTURING ............................................................................................................................................................. 51
9.5 RETAIL ............................................................................................................................................................................... 51
9.6 IT & TELECOMMUNICATION ............................................................................................................................................. 52
9.7 OTHERS ............................................................................................................................................................................. 52
10 GLOBAL SOFTWARE-DEFINED WIDE AREA NETWORK (SD-WAN) MARKET, BY REGION
11 COMPETITVE LANDSCAPE
11.1 COMPETITIVE BENCHMARKING ....................................................................................................................................... 130
11.2 VENDOR SHARE ANALYSIS ............................................................................................................................................... 131
11.3 RECENT DEVELOPMENTS ................................................................................................................................................. 131
11.3.1 PRODUCT DEVELOPMENTS ......................................................................................................................................... 131
11.3.2 PARTNERSHIPS/AGREEMENTS/CONTRACTS/COLLABORATIONS ............................................................................. 134
11.3.3 MERGERS AND ACQUISITION ....................................................................................................................................... 136
12 COMPANY PROFILES
12.1 VERSA NETWORKS ........................................................................................................................................................... 137
12.1.1 COMPANY OVERVIEW .................................................................................................................................................. 137
12.1.2 PRODUCTS/SOLUTIONS/SERVICES OFFERED ............................................................................................................. 137
12.1.3 KEY DEVELOPMENTS ................................................................................................................................................... 138
12.1.4 KEY STRATEGIES .......................................................................................................................................................... 138
12.2 VMWARE, INC .................................................................................................................................................................... 139
12.2.1 COMPANY OVERVIEW .................................................................................................................................................. 139
12.2.2 FINANCIAL OVERVIEW.................................................................................................................................................. 139
12.2.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ............................................................................................................. 140
12.2.4 KEY DEVELOPMENTS ................................................................................................................................................... 140
12.2.5 SWOT ANALYSIS ........................................................................................................................................................... 141
12.2.6 KEY STRATEGIES .......................................................................................................................................................... 141
12.3 CLOUDGENIX, INC. ............................................................................................................................................................ 142
12.3.1 COMPANY OVERVIEW .................................................................................................................................................. 142
12.3.2 PRODUCTS/SOLUTIONS/SERVICES OFFERED ............................................................................................................. 142
12.3.3 KEY DEVELOPMENTS ................................................................................................................................................... 142
12.3.4 KEY STRATEGIES .......................................................................................................................................................... 142
12.4 NUAGE NETWORKS (AN INDEPENDENT SUBSIDIARY OF NOKIA CORPORATION) .......................................................... 143
12.4.1 COMPANY OVERVIEW .................................................................................................................................................. 143
12.4.2 FINANCIAL OVERVIEW.................................................................................................................................................. 143
12.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ............................................................................................................. 144
12.4.4 KEY DEVELOPMENTS ................................................................................................................................................... 144
12.4.5 SWOT ANALYSIS ........................................................................................................................................................... 144
12.4.6 KEY STRATEGIES .......................................................................................................................................................... 145
12.5 CISCO SYSTEMS, INC ........................................................................................................................................................ 146
12.5.1 COMPANY OVERVIEW .................................................................................................................................................. 146
12.5.2 FINANCIAL OVERVIEW.................................................................................................................................................. 146
12.5.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED ............................................................................................................. 147
12.5.4 KEY DEVELOPMENTS ................................................................................................................................................... 147
12.5.5 SWOT ANALYSIS ........................................................................................................................................................... 148
12.5.6 KEY STRATEGIES .......................................................................................................................................................... 148
12.6 ORACLE CORPORATION .................................................................................................................................................... 149
12.6.1 COMPANY OVERVIEW .................................................................................................................................................. 149
12.6.2 FINANCIAL OVERVIEW.................................................................................................................................................. 150
12.6.3 PRODUCTS OFFERED ................................................................................................................................................... 150
12.6.4 KEY DEVELOPMENTS ................................................................................................................................................... 151
12.6.5 SWOT ANALYSIS ........................................................................................................................................................... 151
12.6.6 KEY STRATEGIES .......................................................................................................................................................... 151
12.7 CENTURYLINK, INC. .......................................................................................................................................................... 152
12.7.1 COMPANY OVERVIEW .................................................................................................................................................. 152
12.7.2 FINANCIAL OVERVIEW.................................................................................................................................................. 152
12.7.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED ............................................................................................................. 153
12.7.4 KEY DEVELOPMENTS ................................................................................................................................................... 153
12.7.5 SWOT ANALYSIS ........................................................................................................................................................... 154
12.7.6 KEY STRATEGIES .......................................................................................................................................................... 154
12.8 SILVER PEAK SYSTEMS, INC............................................................................................................................................. 155
12.8.1 COMPANY OVERVIEW .................................................................................................................................................. 155
12.8.2 PRODUCTS/SERVICES/SOLUTIONS OFFERED ............................................................................................................. 155
12.8.3 KEY DEVELOPMENTS ................................................................................................................................................... 156
12.8.4 KEY STRATEGIES .......................................................................................................................................................... 156
12.9 ECESSA CORPORATION .................................................................................................................................................... 157
12.9.1 COMPANY OVERVIEW .................................................................................................................................................. 157
12.9.2 PRODUCTS/SOLUTIONS/SERVICES OFFERED ............................................................................................................. 157
12.9.3 KEY DEVELOPMENTS ................................................................................................................................................... 158
12.9.4 KEY STRATEGIES .......................................................................................................................................................... 158
12.10 ARYAKA NETWORKS INC .................................................................................................................................................. 159
12.10.1 COMPANY OVERVIEW .................................................................................................................................................. 159
12.10.2 PRODUCTS/SOLUTIONS/SERVICES OFFERED ............................................................................................................. 159
12.10.3 KEY DEVELOPMENTS ................................................................................................................................................... 160
12.10.4 KEY STRATEGIES .......................................................................................................................................................... 160
12.11 RIVERBED TECHNOLOGY .................................................................................................................................................. 161
12.11.1 COMPANY OVERVIEW .................................................................................................................................................. 161
12.11.2 PRODUCTS/SOLUTIONS/SERVICES OFFERED ............................................................................................................. 161
12.11.3 KEY DEVELOPMENTS ................................................................................................................................................... 161
12.11.4 KEY STRATEGIES .......................................................................................................................................................... 162
12.12 CATO NETWORKS ............................................................................................................................................................. 163
12.12.1 COMPANY OVERVIEW .................................................................................................................................................. 163
12.12.2 PRODUCTS/SOLUTIONS/SERVICES OFFERED ..........................................................