SD-WAN Market Growth Will Accelerate in 2021, According to Dell'Oro Group
SD-WAN Market to Grow at 24 Percent Compounded Annual Growth Rate over Next Five Years
REDWOOD CITY, Calif., Dec. 17, 2020 /PRNewswire/ -- According to a newly published report by Dell'Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, the worldwide sales of SD-WAN technologies are forecasted to grow at a compounded annual growth rate of 24 percent over the next five years, and the market is expected to surpass $4 billion in 2025. After experiencing slower growth in 2020 caused by the COVID-19 pandemic, the SD-WAN market is expected to accelerate in 2021 and 2022.
"The pandemic caused some delays in SD-WAN deployments in 2020, but the underlying demand drivers for modernizing WAN infrastructures remains strong," said Shin Umeda, Vice President at Dell'Oro Group. "With more clarity on the direction of macroeconomic conditions and the pandemic in 2021, businesses will increasingly execute on their strategic SD-WAN investments, which in turn will drive a market acceleration," added Umeda.
Additional highlights from the Dell'Oro Group SD-WAN Advanced Research Report:
- Software accounts for more than 80 percent of SD-WAN revenue currently, and its contribution is expected to rise over the next five years.
- SD-WAN vendor consolidation is expected to continue over the next five years following a surge of acquisitions in 2020.
About the Report
The Dell'Oro Group SD-WAN Advanced Research Report offers complete, in-depth coverage of the Service Provider Core and Edge Router, Carrier Ethernet Switch, and Enterprise Router markets for future current and historical time periods. The report includes qualitative analysis and detailed statistics for manufacture revenue by regions, customer types, and use cases, average selling prices, and unit and port shipments. To purchase these reports, please contact us by email at [email protected].
About Dell'Oro Group
Dell'Oro Group is a market research firm that specializes in strategic competitive analysis in the telecommunications, networks, and data center IT markets. Our firm provides in-depth quantitative data and qualitative analysis to facilitate critical, fact-based business decisions. For more information, contact Dell'Oro Group at +1.650.622.9400 or visit www.delloro.com.
SOURCE Dell'Oro Group
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