Security News > 2021 > January > Worldwide SD-WAN market to reach valuation of $53 billion by end of 2030

As per the report by PMR, the global SD-WAN market is projected to grow rapidly and reach a valuation of $53 billion by the end of 2030.

Worldwide SD-WAN market The appliances segment in the SD-WAN market is expected to gain significant share, owing to increasing adoption of cloud platforms.

The enterprise segment by end user is expected to hold a prominent share in the SD-WAN market, owing to the adoption of associated SD-WAN services.

Rapid adoption of 5G applications and infrastructure is anticipated to result in significant dominance of North America in the global SD-WAN market.

"Number of partnerships between service providers and vendors in the SD-WAN marketplace is growing quickly. SD-WAN services offer service providers new opportunities to enhance consumer experience. This factor is expected to increase adoption of SD-WAN during the forecast period," says a Persistence Market Research analyst.

Technology advancements in SD-WAN solutions to boost market growth.

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