Security News > 2020 > September > Global WAN optimization market to reach $4.88 billion by 2027

The global wide area network optimization market size is estimated to reach $4.88 billion by 2027, registering a CAGR of 9.5% from 2020 to 2027, according to Grand View Research.

The growing need for efficient network optimization across business organizations is the major factor in driving the market growth.

In a bid to achieve improved Quality of Service and productivity on their existing network, companies across the globe are increasingly deploying network optimization solutions, thereby supporting the market demand.

Global WAN optimization market: Key suggestions In 2019, North America accounted for a market size of $914.60, attributed to the presence of a number of large enterprises and data centers.

Key players in the WAN optimization market Cisco Systems.

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