Managed SD-WAN Services Market size was over USD 1.32 billion in 2024 and is projected to reach USD 52.74 billion by 2037, growing at around 32.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of managed SD-WAN services is assessed at USD 1.67 billion. The reason behind the growth is impelled by the growing spending on IT and Telecom industry across the globe. In the telecommunications industry, businesses are spending more than ever before as they aim to leverage several geographic and sectoral growth hotspots and leverage new technologies to stay competitive in a rapidly evolving business landscape.
For instance, spending on communications services in 2023 reached over USD 1 trillion, an increase of approximately 3% from the previous year.The growing acquisitions and partnerships are believed to fuel the market growth. For instance, Etisalat by e& together with Versa Networks, VeloCloud, and Fortinet expanded its portfolio for managed software-defined wide area network (SDWAN) services that will allow businesses to benefit from increased operational efficiency, increased security measures, and flexible and responsive networking solutions, which are essential to meeting the dynamic needs of modern business environments.
Growth Drivers
Challenges
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
32.8% |
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Base Year Market Size (2024) |
USD 1.32 billion |
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Forecast Year Market Size (2037) |
USD 52.74 billion |
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Regional Scope |
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Industry (Manufacturing, IT & Telecom, Healthcare, Retail, BFSI, Government)
The IT & Telecom segment is predicted to account for 35% share of the global managed SD-WAN services market in the coming years owing to the growing adoption of cloud-based services. Cloud adoption is the process by which organizations and businesses move from traditional IT infrastructure to cloud computing, which provides several applications over the Internet with negligible upfront costs, providing network access to a shared pool of configurable computing resources, and pay-as-you-go services. This has increased the adoption of software-defined wide area networking (SD-WAN) which is a cloud-based wide area network (WAN) architecture that enables faster and easier deployment and ensures optimal performance and user experience.
Services (SD-WAN Deployment, SD-WAN Integration)
The SD-WAN Integration segment in managed SD-WAN services market is set to garner a notable share shortly. An SD-WAN platform allows users to seamlessly integrate all services into the existing systems to provide unified visibility and stay responsive to the changing needs of the business.
Our in-depth analysis of the global market includes the following segments:
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Component |
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Deployment |
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Enterprise Size |
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Services |
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Industry |
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North American Market Forecast
Managed SD-WAN Services market in North America is predicted to account for the largest share of 45% by 2037 impelled by the growing number of enterprises. The United States has long been recognized as a world leader in entrepreneurship owing to the presence of a stable political climate, diverse market opportunities, and many advantages that attract companies looking to grow and expand, and also plays an imperative role in driving productivity growth in the U.S. economy. For instance, the number of small businesses in the United States reached over 33 million, representing around 99% of all U.S. businesses in 2023.
In addition, Data centers are expanding around the US owing to the rise of big data, cloud computing, and increased demand for colocation services. Moreover, the United States had more than 2,700 data centers in 2022, and this figure reached over 5,370 data centers, more than any other country in the world in 2023. This may drive the demand for Managed SD-WAN Services in the region.
European Market Statistics
The Europe Managed SD-WAN Services market is estimated to be the second largest, during the forecast timeframe led by the increasing number of internet users. Northern Europe has the maximum internet penetration rate in the world, which reflects their growing importance in modern life, coupled with the presence of online millennials, highly educated adults, and people with high incomes. Particularly, in 2021, Germany had the maximum number of internet users among all European Union (EU) countries owing to the widespread use of mobile devices and increasing Wi-Fi coverage in several areas. For instance, the number of internet users in Europe is anticipated to continue to grow by around 52 million people from 2024 to 2029.
Author Credits: Abhishek Verma
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