Get more information on SD-WAN Market - Request Sample Report
The Software-defined wide area network (SD-WAN) Market size was valued at USD 3.79 Billion in 2023 and is expected to grow to USD 42.18 Billion by 2032 and grow at a CAGR of 30.7% over the forecast period of 2024-2032.
A software-defined wide area network (SD-WAN) may link and grow business networks across large geographic regions. The ability of SD-WAN to simplify WAN, decrease operational expenses, increase bandwidth efficiency, and have seamless connectivity with the cloud is driving the market growth. Furthermore, SD-WAN significantly enhances application speed while preserving security and data privacy. Additionally, the increasing use of software-as-a-service (SaaS) and cloud-based services by businesses is increasing the demand for better connections, which is anticipated to propel market expansion.
Workers may access corporate servers, apps, and resources from anywhere thanks to wide-area networks (WANs), which utilize network connections like wireless, broadband, virtual private networks (VPNs), and the Internet. While SD-WAN handles traffic, keeps all of these WAN connections running smoothly, and maximizes connectivity across all of the networks. In order to improve support for cloud apps and agility, 59% of businesses are anticipated to use SD-WAN by 2024, according to a survey released by cybersecurity firm Palo Alto Networks. Because SD-WAN may cut expenses while also enhancing the user experience, its popularity is rising.
Drivers
Advance technologies adoption such as IoT, cloud computing, and software as services SaaS and consistently Increasing digitization.
Ability to decrease costs and improve the overall experience of users, that increase adoption of SD-WAN.
As the cost of bandwidth and cloud storage has declined over the past few years, the number of cloud-based solutions has considerably expanded. These days, a lot of firms use cloud-based software. Today, many well-known IT organizations offer a wide range of cloud-based services and cloud platforms. Enterprises will probably choose SD-WAN over MPLS since it offers better cloud connectivity. Additionally, as there are more cloud-based applications, the network is experiencing a rise in traffic. As a result, the global market for cloud-based solutions is anticipated to grow.
Restrains
Issues of trustworthiness in SD-WAN
Opportunities
Increasing digital transformation across organizations.
Need for network privacy and visibility are increasing that supports market growth.
Challenges
Concerns related to data security and insufficient in-house expertise.
Network security is a problem for businesses because sensitive data is at risk from cyberattacks. companies' use of SD-WAN products may include extremely sensitive data flow. To safeguard the network from threats coming from the internet, security devices must be installed at every remote location. Businesses are unsure about the setup that will provide the best security. While implementing SD-WAN technology, enterprises may find this to be difficult.
In recent years, there has been a noticeable increase in the SD-WAN market. The business imperative to automate processes and give priority to digital transformation activities has grown as a result of the COVID-19 pandemic. This demand is met by SD-WAN, which helps to expedite automation projects and streamline workflows. Additionally, with more cutting-edge and sophisticated technologies becoming accessible every year, businesses want easy-to-use strategies for integrating these technologies to improve their processes and services. Consequently, SD-WAN offers a solution that can improve business operations and aid in raising worker productivity.
For instance, Cisco Systems, Inc. announced improved services in the SD-WAN extension Cloud OnRamp for SaaS in 2022. This service uses real-time analytics to provide users with the optimum path for application performance. To offer cutting-edge insights into network performance influencing Cisco's Webex collaboration platform, the device insulates extra telemetry. It is anticipated that these improvements will open up a lot of doors for the growth of the software-defined wide-area network sector.
Businesses are also moving towards digitization and implementing Industry 4.0 at a faster rate, necessitating the need for an integrated platform and solution to fulfill their needs. As a result, it accelerates the adoption of SD-WAN in industries, which fuels the expansion of the market for software-defined wide-area networks.
Russia and Ukraine war has had a significant impact on various industries, including the technology sector. One area that has been particularly affected is the Software-Defined Wide Area Network (SD-WAN) market.
SD-WAN is a technology that allows businesses to connect their remote offices and data centers through a secure and reliable network. It has become increasingly popular in recent years due to its ability to reduce costs and improve network performance. Furthermore, the political instability in the region has also led to concerns about the security of SD-WAN networks. With the possibility of cyber-attacks and data breaches, businesses are now more cautious about implementing SD-WAN solutions in the affected areas. Despite these challenges, the SD-WAN market is expected to continue to grow in the coming years. As businesses look for ways to improve their network performance and reduce costs, SD-WAN will remain a popular choice. However, it is important for businesses to carefully consider the potential risks and challenges associated with implementing SD-WAN solutions in regions affected by political instability and conflict.
Impact of recession
SD-WAN is a technology that enables businesses to connect their remote offices and data centers securely. It is a cost-effective solution that provides better network performance and reduces the need for expensive hardware. However, the recession has caused many businesses to cut back on their IT spending, which has resulted in a slowdown in the SD-WAN market.
Despite the challenges, there are still opportunities for growth in the SD-WAN market. As more businesses shift to remote work, the demand for secure and reliable network connections will continue to increase. Additionally, the adoption of cloud-based applications and services will also drive the need for SD-WAN solutions. To stay competitive in this market, SD-WAN vendors must focus on providing value to their customers. This includes offering flexible pricing models, providing excellent customer support, and developing innovative solutions that meet the evolving needs of businesses.
The Software-defined wide area network (SD-WAN) Market is segmented into four types on the basis of by component, by Deployment, and by Enterprise Size, by Industry Vertical.
By Component:
Solution
Services
By Deployment:
On-Premise
Cloud
By Enterprise Size:
Large Enterprises
Small and Medium-sized Enterprises
By Industry Vertical:
BFSI
IT and Telecom
Manufacturing
Retail
Healthcare
Government
Media and Entertainment
Energy and Utilities
Others
North America dominated the SD-WAN market and generated more revenue. A number of important players, including Cisco Systems, Inc. and Oracle Corporation, among others, are to blame for the area market's expansion. The market is expanding due to the increasing use of SaaS business models and cloud-based ecosystems. Additionally, the substantial inflows of IT investment and the region's generally more technologically astute and receptive client base are fueling the expansion of the SD-WAN market there.
Asia Pacific is likely to experience the fastest rate of growth throughout the course of the forecast decade. Asian enterprises are being pushed to adopt robust networks and other broadband services by the quick implementation of 5G and government measures to digitize business processes. There are many start-up businesses in the area using cutting-edge technologies to serve a bigger customer base. Over the course of the projection period, SD-WAN providers are anticipated to take advantage of these opportunities in the local market.
In the regional analysis study of the regions of North America, Europe, Asia Pacific middle east, and Africa.
Need any customizatyion research on SD-WAN Market - Enquiry Now
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
South Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of the Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The major players are Oracle Corporation, Hewlett Packard Enterprise Company., Ciena Corporation, Cisco Systems, Inc., Nokia Corporation, VMWare, Inc., Huawei Technologies Co., Ltd., Juniper Networks, Inc., Fortinet, Inc., Citrix Systems, Inc., Epsilon Telecommunications, BT, NEC Corporation, Tata Communications., and others in the final report.
When the vendor's secure access service edge (SASE) product is updated and deployed in February 2023, Cisco Systems, Inc.'s Viptela SD-WAN platform will join the company's existing support for its Meraki SD-WAN platform. With Viptela SD-WAN, customers can now take advantage of all the advantages of Cisco+ Secure Connect and allow quick, private, and mobile internet access wherever work is done. By providing a standard set of security features like a firewall, secure web gateway (SWG), cloud access security broker (CASB), and data loss prevention (DLP), secure internet access protects customers who are connecting to the internet.
The SD-WAN extension Cloud OnRamp for SaaS, which employs real-time analytics to show users the optimum path for application performance, was expanded with new services by Cisco Systems, Inc. To offer cutting-edge insights into network performance influencing Cisco's Webex collaboration platform, the device insulates extra telemetry.
At the IP Club KSA meeting in Riyadh, Huawei introduced SD-WAN and Wi-Fi 7 Series products and technologies in Saudi Arabia. The Huawei IP Club created an open, free, and welcoming thought-sharing platform for network technical supervisors, engineers, business analysts, and key opinion leaders under the topic of the intelligent cloud network, unleashing digital productivity.
Report Attributes | Details |
Market Size in 2023 | US$ 3.79 Bn |
Market Size by 2032 | US$ 42.18 Bn |
CAGR | CAGR of 30.7% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Component (Solution, Services) • By Deployment (On-Premise, Cloud) • By Enterprise Size (Large Enterprises, Small and Medium-sized Enterprises) • By Industry Vertical (BFSI, IT and Telecom, Manufacturing, Retail, Healthcare, Government, Media and Entertainment, Energy and Utilities, Others) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | Oracle Corporation, Hewlett Packard Enterprise Company., Ciena Corporation, Cisco Systems, Inc., Nokia Corporation, VMWare, Inc., Huawei Technologies Co., Ltd., Juniper Networks, Inc., Fortinet, Inc., Citrix Systems, Inc., Epsilon Telecommunications, BT, NEC Corporation, Tata Communications. |
Key Drivers | • Advance technologies adoption such as IoT, cloud computing, and software as services SaaS and consistently Increasing digitization. • Ability to decrease costs and improve the overall experience of users, that increase adoption of SD-WAN. |
Market Opportunities | • Increasing digital transformation across organizations. • Need for network privacy and visibility are increasing that supports market growth. |
The CAGR of the Software-defined wide area network (SD-WAN) Market for the forecast period 2024-2032 is 30.7%.
The market is expected to grow to USD 42.18 billion by the forecast period of 2032.
The major worldwide key players in the Software-defined wide area network (SD-WAN) Market are Cisco Systems, Inc., Oracle Corporation, Hewlett Packard Enterprise Company., Nokia Corporation, VMWare, Inc., Huawei Technologies Co., Ltd., Juniper Networks, Inc., Fortinet, Inc.
The forecast period for the Software-defined wide area network (SD-WAN) Market is 2024-2032.
• Increasing digital transformation across organizations.
• Need for network privacy and visibility are increasing that supports market growth.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Software-defined wide area network (SD-WAN) Market Segmentation, by Component
8.1 Solution
8.2 Services
9. Software-defined wide area network (SD-WAN) Market Segmentation, by Deployment
9.1 On-Premise
9.2 Cloud
10. Software-defined wide area network (SD-WAN) Market Segmentation, by Enterprise Size
10.1 Large Enterprises
10.2 Small and Medium-sized Enterprises
11. Software-defined wide area network (SD-WAN) Market Segmentation, by End-user
11.1 BFSI
11.2 IT and Telecom
11.3 Manufacturing
11.4 Retail
11.5 Healthcare
11.6 Government
11.7 Media and Entertainment
11.8 Energy and Utilities
11.9 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Software-defined wide area network (SD-WAN) market by Country
12.2.2North America Software-defined wide area network (SD-WAN) market by Component
12.2.3 North America Software-defined wide area network (SD-WAN) market by Deployment
12.2.4 North America Software-defined wide area network (SD-WAN) market by Enterprise Size
12.2.5 North America Software-defined wide area network (SD-WAN) market by Industry Vertical
12.2.7 USA
12.2.7.1 USA Software-defined wide area network (SD-WAN) market by Component
12.2.7.2 USA Software-defined wide area network (SD-WAN) market by Deployment
12.2.7.3 USA Software-defined wide area network (SD-WAN) market by Enterprise Size
12.2.7.4 USA Software-defined wide area network (SD-WAN) market by Industry Vertical
12.2.8 Canada
12.2.8.1 Canada Software-defined wide area network (SD-WAN) market by Component
12.2.8.2 Canada Software-defined wide area network (SD-WAN) market by Deployment
12.2.8.3 Canada Software-defined wide area network (SD-WAN) market by Enterprise Size
12.2.8.4 Canada Software-defined wide area network (SD-WAN) market by Industry Vertical
12.2.9 Mexico
12.2.9.1 Mexico Software-defined wide area network (SD-WAN) market by Component
12.2.9.2 Mexico Software-defined wide area network (SD-WAN) market by Deployment
12.2.9.3 Mexico Software-defined wide area network (SD-WAN) market by Enterprise Size
12.2.9.4 Mexico Software-defined wide area network (SD-WAN) market by Industry Vertical
12.3 Europe
12.3.1 Europe Software-defined wide area network (SD-WAN) market by country
12.3.2 Europe Software-defined wide area network (SD-WAN) market by Component
12.3.3 Europe Software-defined wide area network (SD-WAN) market by Deployment
12.3.4 Europe Software-defined wide area network (SD-WAN) market by Enterprise Size
12.3.5 Europe Software-defined wide area network (SD-WAN) market by Industry Vertical
12.3.7 Germany
12.3.8.1 Germany Software-defined wide area network (SD-WAN) market by Component
12.3.8.2 Germany Software-defined wide area network (SD-WAN) market by Deployment
12.3.8.3 Germany Software-defined wide area network (SD-WAN) market by Enterprise Size
12.3.8.4 Germany Software-defined wide area network (SD-WAN) market by Industry Vertical
12.3.8 UK
12.3.8.1 UK Software-defined wide area network (SD-WAN) market by Component
12.3.8.2 UK Software-defined wide area network (SD-WAN) market by Deployment
12.3.8.3 UK Software-defined wide area network (SD-WAN) market by Enterprise Size
12.3.8.4 UK Software-defined wide area network (SD-WAN) market by Industry Vertical
12.3.9 France
12.3.9.1 France Software-defined wide area network (SD-WAN) market by Component
12.3.9.2 France Software-defined wide area network (SD-WAN) market by Deployment
12.3.9.3 France Software-defined wide area network (SD-WAN) market by Enterprise Size
12.3.9.4 France Software-defined wide area network (SD-WAN) market by Industry Vertical
12.3.10 Italy
12.3.10.1 Italy Software-defined wide area network (SD-WAN) market by Component
12.3.10.2 Italy Software-defined wide area network (SD-WAN) market by Deployment
12.3.10.3 Italy Software-defined wide area network (SD-WAN) market by Enterprise Size
12.3.10.4 Italy Software-defined wide area network (SD-WAN) market by Industry Vertical
12.3.11 Spain
12.3.11.1 Spain Software-defined wide area network (SD-WAN) market by Component
12.3.11.2 Spain Software-defined wide area network (SD-WAN) market by Deployment
12.3.11.3 Spain Software-defined wide area network (SD-WAN) market by Enterprise Size
12.3.11.4 Spain Software-defined wide area network (SD-WAN) market by Industry Vertical
12.3.12 The Netherlands
12.3.12.1 Netherlands Software-defined wide area network (SD-WAN) market by Component
12.3.12.2 Netherlands Software-defined wide area network (SD-WAN) market by Deployment
12.3.12.3 Netherlands Software-defined wide area network (SD-WAN) market by Enterprise Size
12.3.12.4 Netherlands Software-defined wide area network (SD-WAN) market by Industry Vertical
12.3.12 Rest of Europe
12.3.12.1 Rest of Europe Software-defined wide area network (SD-WAN) market by Component
12.3.12.2 Rest of Europe Software-defined wide area network (SD-WAN) market by Deployment
12.3.12.3 Rest of Europe Software-defined wide area network (SD-WAN) market by Enterprise Size
12.3.12.4 Rest of Europe Software-defined wide area network (SD-WAN) market by Industry Vertical
12.4 Asia-Pacific
12.4.1 Asia Pacific Software-defined wide area network (SD-WAN) market by country
12.4.2 Asia Pacific Software-defined wide area network (SD-WAN) market by Component
12.4.3 Asia Pacific Software-defined wide area network (SD-WAN) market by Deployment
12.4.4 Asia Pacific Software-defined wide area network (SD-WAN) market by Enterprise Size
12.4.5 Asia Pacific Software-defined wide area network (SD-WAN) market by Industry Vertical
12.4.6 japan
12.4. 6.1 Japan Software-defined wide area network (SD-WAN) market by Component
12.4. 6.2 Japan Software-defined wide area network (SD-WAN) market by Deployment
12.4. 6.3 Japan Software-defined wide area network (SD-WAN) market by Enterprise Size
12.4. 6.4 Japan Software-defined wide area network (SD-WAN) market by Industry Vertical
12.4.7 South Korea
12.4.7.1 South Korea Software-defined wide area network (SD-WAN) market by Component
12.4.7.2 South Korea Software-defined wide area network (SD-WAN) market by Deployment
12.4.7.3 South Korea Software-defined wide area network (SD-WAN) market by Enterprise Size
12.4.7.4 South Korea Software-defined wide area network (SD-WAN) market by Industry Vertical
12.4.8 China
12.4.8.1 China Software-defined wide area network (SD-WAN) market by Component
12.4.8.2 China Software-defined wide area network (SD-WAN) market by Deployment
12.4.8.3 China Software-defined wide area network (SD-WAN) market by Enterprise Size
12.4.8.4 China Software-defined wide area network (SD-WAN) market by Industry Vertical
12.4.9 India
12.4.9.1 India Software-defined wide area network (SD-WAN) market by Component
12.4.9.2 India Software-defined wide area network (SD-WAN) market by Deployment
12.4.9.3 India Software-defined wide area network (SD-WAN) market by Enterprise Size
12.4.9.4 India Software-defined wide area network (SD-WAN) market by Industry Vertical
12.4.10 Australia
12.4.10.1 Australia Software-defined wide area network (SD-WAN) market by Component
12.4.10.2 Australia Software-defined wide area network (SD-WAN) market by Deployment
12.4.10.3 Australia Software-defined wide area network (SD-WAN) market by Enterprise Size
12.4.10.4 Australia Software-defined wide area network (SD-WAN) market by Industry Vertical
12.4.11 Rest of Asia-Pacific
12.4.11.1 APAC Software-defined wide area network (SD-WAN) market by Component
12.4.11.2 APAC Software-defined wide area network (SD-WAN) market by Deployment
12.4.11.3 APAC Software-defined wide area network (SD-WAN) market by Enterprise Size
12.4.11.4 APAC Software-defined wide area network (SD-WAN) market by Industry Vertical
12.5 The Middle East & Africa
12.5.1 The Middle East & Africa Software-defined wide area network (SD-WAN) market by country
12.5.2 The Middle East & Africa Software-defined wide area network (SD-WAN) market by Component
12.5.3 The Middle East & Africa Software-defined wide area network (SD-WAN) market by Deployment
12.5.4 The Middle East & Africa Software-defined wide area network (SD-WAN) market by Enterprise Size
12.5.5 The Middle East & Africa Software-defined wide area network (SD-WAN) market by Industry Vertical
12.5.6 Israel
12.5.6.1 Israel Software-defined wide area network (SD-WAN) market by Component
12.5.6.2 Israel Software-defined wide area network (SD-WAN) market by Deployment
12.5.6.3 Israel Software-defined wide area network (SD-WAN) market by Enterprise Size
12.5.6.4 Israel Software-defined wide area network (SD-WAN) market by Industry Vertical
12.5.7 UAE
12.5.7.1 UAE Software-defined wide area network (SD-WAN) market by Component
12.5.7.2 UAE Software-defined wide area network (SD-WAN) market by Deployment
12.5.7.3 UAE Software-defined wide area network (SD-WAN) market by Enterprise Size
12.5.7.4 UAE Software-defined wide area network (SD-WAN) market by Industry Vertical
12.5.8 South Africa
12.5.8.1 South Africa Software-defined wide area network (SD-WAN) market by Component
12.5.8.2 South Africa Software-defined wide area network (SD-WAN) market by Deployment
12.5.8.3 South Africa Software-defined wide area network (SD-WAN) market by Enterprise Size
12.5.8.4 South Africa Software-defined wide area network (SD-WAN) market by Industry Vertical
12.5.9 Rest of Middle East & Africa
12.5.9.1 Rest of Middle East & Asia Software-defined wide area network (SD-WAN) market by Component
12.5.9.2 Rest of Middle East & Asia Software-defined wide area network (SD-WAN) market by Deployment
12.5.9.3 Rest of Middle East & Asia Software-defined wide area network (SD-WAN) market by Enterprise Size
12.5.9.4 Rest of Middle East & Asia Software-defined wide area network (SD-WAN) market by Industry Vertical
12.6 Latin America
12.6.1 Latin America Software-defined wide area network (SD-WAN) market by Country
12.6.2 Latin America Software-defined wide area network (SD-WAN) market by Component
12.6.3 Latin America Software-defined wide area network (SD-WAN) market by Deployment
12.6.4 Latin America Software-defined wide area network (SD-WAN) market by Enterprise Size
12.6.5 Latin America Software-defined wide area network (SD-WAN) market by Industry Vertical
12.6.7 brazil
12.6.7.1 Brazil Software-defined wide area network (SD-WAN) market by Component
12.6.7.2 Brazil Africa Software-defined wide area network (SD-WAN) market by Deployment
12.6.7.3 Brazil Software-defined wide area network (SD-WAN) market by Enterprise Size
12.6.7.4 Brazil Software-defined wide area network (SD-WAN) market by Industry Vertical
12.6.8 Argentina
12.6.8.1 Argentina Software-defined wide area network (SD-WAN) market by Component
12.6.8.2 Argentina Software-defined wide area network (SD-WAN) market by Deployment
12.6.8.3 Argentina Software-defined wide area network (SD-WAN) market by Enterprise Size
12.6.8.4 Argentina Software-defined wide area network (SD-WAN) market by Industry Vertical
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Software-defined wide area network (SD-WAN) market by Component
12.6.9.2 Rest of Latin America Software-defined wide area network (SD-WAN) market by Deployment
12.6.9.3 Rest of Latin America Software-defined wide area network (SD-WAN) market by Enterprise Size
12.6.9.4 Rest of Latin America Software-defined wide area network (SD-WAN) market by Industry Vertical
13. Company Profile
13.1 Cisco Systems, Inc.
13.1.1 Market Overview
13.1.2 Financials
13.1.3 Product/Services/Offerings
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Oracle Corporation.
13.2.1 Market Overview
13.2.2 Financials
13.2.3 Product/Services/Offerings
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Hewlett Packard Enterprise Company.
13.3.1 Market Overview
13.3.2 Financials
13.3.3 Product/Services/Offerings
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Nokia Corporation.
13.4.1 Market Overview
13.4.2 Financials
13.4.3 Product/Services/Offerings
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 VMWare, Inc.
13.5.1 Market Overview
13.5.2 Financials
13.5.3 Product/Services/Offerings
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Huawei Technologies Co. ltd.
13.6.1 Market Overview
13.6.2 Financials
13.6.3 Product/Services/Offerings
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Juniper Networks, Inc.
13.7.1 Market Overview
13.7.2 Financials
13.7.3 Product/Services/Offerings
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Fortinet, Inc.
13.8.1 Market Overview
13.8.2 Financials
13.8.3 Product/Services/Offerings
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Citrix Systems, Inc
13.9.1 Market Overview
13.9.2 Financials
13.9.3 Product/Services/Offerings
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Epsilon Telecommunications.
13.10.1 Market Overview
13.10.2 Financials
13.10.3 Product/Services/Offerings
13.10.4 SWOT Analysis
13.10.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
15. USE Cases and Best Practices
16. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Prescriptive analytics market size was valued at USD 7.57 Billion in 2023 and is expected to reach USD 53.6 Billion by 2032 and grow at a CAGR of 24.3% over the forecast period 2024-2032.
The 5G Fixed Wireless Access Market was valued as USD 32.97 Billion by 2023 & will reach at USD 652.43 Bn by 2032 & grow at a CAGR of 39.36% by 2024-2032.
The Virtual Reality in Healthcare Market Size was USD 3.20 billion in 2023 and will reach USD 46.40 Bn by 2032, growing at a CAGR of 33.30% from 2024-2032.
The Intelligent Transportation System Market size was valued at USD 50.21 billion in 2023 and is expected to grow to USD 105.58 billion by 2032 and grow at a CAGR of 8.61 % over the forecast period of 2024-2032.
The Smart Parking Market was valued at USD 7.39 billion in 2023 and is predicted to expand to USD 44.9 billion by 2032, growing at a CAGR of 22.2% between 2024 and 2032.
The Automatic Identification and Data Capture Market size was valued at USD 61.82 Billion in 2023 and is expected to grow to USD 156.37 Billion by 2031 and grow at a CAGR of 12.3% over the forecast period of 2024-2031.
Hi! Click one of our member below to chat on Phone