WAN Optimization Controller Market Segmentation:
Deployment Type Segment Analysis
Based on deployment, cloud segment in the WAN optimization controller market is attributed to hold the largest revenue share of about 60% during the forecast period. The market for cloud-based deployment is expanding at a rapid pace. In comparison to on-premises solutions, cloud-based solutions are more affordable. Although WAN optimization is typically complicated and costly, cloud-based deployment has made WAN optimization solutions more accessible at a reasonable price. Due to financial limitations, small and medium-sized businesses typically use cloud-based WAN optimization solutions. The majority of SMEs are using cloud-based WAN optimization solutions because of the manner they are built. The growing usage of Software-as-a-Service (SaaS) is causing an increase in the volume of application traffic that travels over wide-area networks (WANs). Owing to this surge in traffic, most businesses are using cloud-based WAN optimization solutions. These elements are fuelling the expansion of WAN optimization solution deployments that are cloud-based. An estimated 2.3 billion individuals used personal clouds in 2020.
Organization Size Segment Analysis
Based on organization size, large enterprises in the WAN optimization controller market are dominating the revenue with a 75% share during the forecast period. Because they produce a lot of data, large businesses require IT specialists to oversee both their IT infrastructure and business processes. Large businesses benefit from WAN optimization solutions as they become more operationally efficient. The majority of large organizations have adopted it since it provides an improved user experience. WAN optimization gives the network more virtual bandwidth and quickens application response times. Large businesses' business applications are accelerated by it. Furthermore, WAN optimization increases the operational efficiency of huge organizations because it is scalable to very large networks. Server consolidation is one of the IT activities that are streamlined by WAN optimization. The segment is expanding as a result of all these factors.
Our in-depth analysis of the global market includes the following segments:
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