[New Report] SD-WAN Market Size Worth USD 5220.9 Million by

Pune, Oct. 27, 2022 (GLOBE NEWSWIRE) — The latest SD-WAN Market research report [2022-2028] has been prepared by experienced and knowledgeable market analysts and researchers. It is a phenomenal compilation of important studies that explore the competitive landscape, segmentation, geographical expansion, revenue, and consumption growth of the global SD-WAN market. This report focuses on SD-WAN volume and value at the global level, regional level, and company level. From a global perspective, this report represents the overall SD-WAN market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. This is accomplished by current knowledge of the most important drivers, current trends, untapped possibilities, risks and restrictions, difficulties, and the most promising development areas. It will also help in analyzing the market growth properly and making better decisions in the coming years.

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Report Overview:

Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for SD-WAN estimated at US$ 1292.4 million in the year 2022, is projected to reach a revised size of US$ 5220.9 million by 2028, growing at a CAGR of 26.2% during the forecast period 2022-2028.

North America is expected to have the largest market share in 2018, whereas the Asia-Pacific (APAC) region is expected to grow at the highest CAGR from 2018 to 2023 in the Software Defined WAN Market. The major growth factors that would drive the adoption of SD-WAN include the increasing need for central network management and reducing operating costs. Since APAC is the fastest-growing region and represents the investors with immense opportunities for growth, a lot of companies are investing in this region.

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