Below are some of the key findings from the WAN optimization solutions market research report
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Global WAN optimization solutions industry overview
The increasing demand for data centers is a crucial factor driving the global WAN optimization solutions market growth. With the rising demand for storing data in disparate storage systems in varied geographic locations, the role of WAN optimization has become imminent. WAN optimization speeds up data transfer process by eliminating duplication of data, and providing protection from cyber threats. Additionally, development of technologies like cloud computing, big data analytics, and cloud-based services are further propelling the demand for WAN optimization solutions.
The growth in smart cities depending on public network Wi-Fi networks is a major trend which has propelled the need for WAN optimization solutions. Smart cities need WAN optimization solutions to maximize data flow across the wide area network connecting smartphones and automated home appliances. To ensure smooth operations of wireless infrastructure, the telecom network in smart cities needs to be highly efficient, intelligent, and automatic. This further drives the need for WAN optimization solutions. The WAN optimization solutions market forecast report predicts that fueled by these factors, the market will grow at a CAGR of over 18% during the forecast period.
Top WAN optimization solutions companies covered in this market research report
The WAN optimization solutions market is moderately concentrated. As the market grows exponentially during the forecast period, it will become fragmented and offer growth opportunities to the vendors. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this WAN optimization solutions industry analysis report will aid clients identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of various companies including:
- Array Networks
- Cisco Systems
- Citrix Systems
- Riverbed Technology
- Symantec
WAN optimization solutions market segmentation based on geographic regions
Global WAN optimization solutions market analysis reveals that the Americas will lead the WAN optimization solutions market share, and register market highest growth throughout the forecast period.
WAN optimization solutions market segmentation based on deployment
The on-premises deployment currently leads the WAN optimization solutions market share. However, its share will steadily decline with higher adoption of cloud-based solutions. Cloud-based deployment will register high market growth and become market share leader by 2022. Additionally, the report also provides an accurate prediction of the contribution of the various products segments to the growth of the WAN optimization solutions market size.
Key highlights of the global WAN optimization solutions market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the WAN optimization solutions market during the next five years
- Precise estimation of the global WAN optimization solutions market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the WAN optimization solutions industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of WAN optimization solutions companies
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