Exponential Growth Projected for SD-WAN Market to Reach USD 36.7 Billion by 2030
The SD-WAN market is projected to reach USD 36.7 billion by 2030, with a CAGR of 29.3% from 2023-2030. Key drivers include the rise of cloud-based applications, IoT devices, and the need for enhanced network visibility. Major players like Oracle, Hewlett Packard, and Cisco are innovating to meet customer demands. The market is segmented by component, deployment, enterprise size, and industry vertical, and its growth is fueled by benefits such as enhanced application performance and cost optimization.