A newly released WAN Optimization Market analysis report by Future Market Insights shows that global sales of the WAN Optimization Market in 2023 were held at USD 1,150.9 million. With 6.2% projected growth from 2023 to 2033, the market is expected to reach a valuation of USD 2,106.9 million by 2033.
WAN Optimization Solutions is expected to be the highest revenue-generating category, projected to register an absolute dollar opportunity of 6.2% from 2023 to 2033.
| Attributes | Details |
|---|---|
| Global WAN Optimization Market Size (2023) | USD 1,150.9 million |
| Global WAN Optimization Market Size (2033) | USD 2,106.9 million |
| Global WAN Optimization Market CAGR (2023 to 2033) | 6.2% |
| United States WAN Optimization Market Size (2033) | USD 737.7 million |
| United States WAN Optimization Market CAGR (2023 to 2033) | 5.9% |
| Key Companies Covered |
Cisco Systems Inc.; HPE (Silver Peak); Riverbed Technology; Citrix Systems Inc.; Fortinet; Vmware Inc.; Broadcom; FatPipe Networks Inc.; Versa Networks Inc; Exinda; Blue Coat System; Infovista Corporation; NTT Communications; Aryaka Networks Inc. |
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As per the WAN Optimization Market research by Future Market Insights - a market research and competitive intelligence provider, historically, from 2018 to 2022, the market value of the WAN Optimization Market increased at around 4.1% CAGR. With an absolute dollar opportunity of USD 1,150.9 million in 2023, the market is projected to reach a valuation of USD 2,106.9 million.
WAN optimization enables firms to maintain their branch offices and data centers linked while also lowering deployment and maintenance costs by 30 to 40%. For optimal performance, most cloud-based apps require high bandwidth and minimal latency. Latency, capacity restrictions, as well as packet loss, are unavoidable in large-scale WAN installations. By removing the impacts of latency and distances between branch locations, data centers, and the cloud, WAN optimization allows businesses and network operators to save money and cut expenses by reducing bandwidth needs and increasing user efficiency.
AT&T has added a new service option relying on Cisco Secure SD-WAN technologies to its AT&T SD-WAN solutions. The new solution, which is available to clients globally, has natively embedded security features that support threat prevention that is consistent across branch locations and the cloud without sacrificing speed. Cisco's ISR and ASR routers, as well as its Enterprises Network Computer Systems (ENCS), enable the SD-WAN solution, which is administered through a unified cloud-based dashboard.
An application-aware business firewall, intrusion detection and prevention, URL filtering, and enhanced malware protection are among the integrated security features. AT&T Management Platform will cooperate alongside AT&T Cybersecurity to maintain and administer the new service, which will be powered by Cisco's vManage controller, which minimizes complexity by combining network and security administration into a single interface.
The significant increase in demand for solutions that help enterprises monitor and manage data center networks efficiently is driving market expansion. Allowing employees to work from home has made it easier for businesses to finance IT infrastructure and, as a result, wide area networks (WAN) optimization solutions enable remote monitoring of each employee's performance.
Throughout this application generation, customer experience is a key and significant component. When apps fail to work as expected, employee involvement and customer happiness suffer. Unless application performance is safeguarded and supplied properly for all users, the digital transformation lacks clear the intended business effect.
Regardless of the size, location, or complexities of the network environment, every organization's IT teams have a significant issue in dynamically orchestrating the quality and performance of every application in real time, which may be overcome with the aid of a WAN optimization solution.
ZTE and InfoVista formed a new partnership as well as the broad release of their integrated solution. As a consequence, application-aware SD-WAN solutions provide businesses with exceptional agility, scalability, and streamlined operation and maintenance while simultaneously ensuring the functioning of their mission-critical applications.
ZTE's routing, overlay, zero-touch management, and service orchestration are combined with InfoVista's software monitoring, application QoS controls, application session forwarding, and WAN optimization to provide a single monolithic branch gateway. The integrated solution provides both a managed delivery strategy and a self-hosted one to fulfill the demands of different customers. The solution provides a managed, multi-tenant delivery approach for service providers looking to capitalize on the rising need for hybrid WAN connections.
North America has been a particularly favorable market for the WAN optimization solution's growth. Due to the growing need for the next generation of 5G networks, the area is witnessing a surge in SD-WAN solutions.
Due to the fast-changing technological landscape, businesses in the region are migrating to managed SD-WAN services. North America has gained considerable market share as a result of the growing demand for network monitoring solutions with the increased adoption of technology throughout industry verticals including banking, telecommunications, and healthcare.
By the end of 2032, the USA is predicted to hold a significant market share, valued at USD 737.7 million. The USA is seeing significant developments in broadband infrastructure, which is helping to drive the WAN optimization industry in the area. Furthermore, there is a significant increase in demand for sophisticated network optimization solutions across a number of educational institutions in the USA in order to give a positive user experience throughout e-learning procedures.
Altice USA is partnering with Cisco to broaden the reach of its own Wide Area Networking business solutions to businesses, allowing them a better user experience that gains more flexibility in managing network applications. SD-WAN software technology gives remote workers the network intelligence they need to connect to cloud-based apps and data.
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The WAN Optimization Solutions segment is forecasted to grow at the highest CAGR of over 6% from 2023 to 2033. Riverbed recently introduced Riverbed SaaS Accelerator, a solution that boosts the speed of popular SaaS programs like Office 365, Salesforce, ServiceNow, and Box by up to ten times.
When SaaS Accelerator is used in conjunction with End Consumer Experience Monitoring, companies can measure the progress of SaaS-based corporate apps in real-time for the first time, and then easily accelerate performance using SaaS Accelerator.
The Large Enterprises segment is forecasted to grow at the highest CAGR of over 6.1% from 2023 to 2033. The increased use of WAN optimization software amongst large technology organizations, banks, healthcare, and e-commerce shops is to blame for this. These technologies have assisted these businesses in lowering their ownership costs and overcoming latency issues while increasing the efficiency of the network.
Furthermore, huge corporations use software from a variety of providers for various applications. WAN optimization solutions provide interoperability that allows diverse technologies to work in unison.
The leading players in the global WAN Optimization market are Riverbed Technology, Allot Communication Ltd., Silver Peak System INC, Citrix Systems, INC, Array Networks, INC., Cisco Systems, INC., F5 Networks, INC., Radware Ltd., Streamcore., Juniper Networks Inc., Acacia Communications Inc., and Amphenol Corporation.
Similarly, recent developments related to companies in WAN Optimization services have been tracked by the team at Future Market Insights, which are available in the full report.
As of 2023, the WAN optimization market holds a valuation of USD 1,150.9 million.
The WAN optimization market is projected to attain a value of USD 2,106.9 million by 2033, driven by a CAGR of 6.2% between 2023 and 2033.
SD-WAN solutions, optimization in the cloud, and accelerators personalized for specific applications are flourishing niches in the WAN optimization market.
The WAN optimization market is predominantly led by the United States, with a projected substantial market revenue of USD 737.7 million by 2033.
The WAN optimization market recorded a CAGR of 4.1% between 2018 and 2022.
| Expected Market Value (2023) | USD 12.96 billion |
|---|---|
| Anticipated Forecast Value (2033) | USD 22.2 billion |
| Projected CAGR (2023 to 2033) | 17% |
| Expected Market Value (2023) | USD 21 billion |
|---|---|
| Anticipated Forecast Value (2033) | USD 50 billion |
| Projected Growth Rate (2023 to 2033) | 9% CAGR |
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