The global WAN optimisation controller market is anticipated to grow at a significant CAGR during the forecast period. A significant increase in demand for solutions that support enterprises to control and manage data centre networks efficiently is driving the market growth. Furthermore, amid the COVID-19 pandemic, businesses all around the globe have allowed work from home to their employees, which resulted in significant investment in IT infrastructure. This, in turn, has led to the adoption of wide-area network (WAN) optimization solutions for remotely monitoring the work of each employee. Enterprise network management relies heavily on WAN optimization technologies. It assists businesses in reducing overall operational costs by delivering optimally effective networks.
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Furthermore, numerous multinational companies have strategic business units (SBU) located all over the globe. Employees of these organisations work on a shared platform, which makes it difficult for many employees working from remote places to provide adequate Quality of Service (QoS) due to inefficient bandwidth distribution on the network while accessing centralised apps. As a result, WAN optimization control software enables businesses to improve the performance of their centralised applications while also providing a better user experience for their employees.
With the advent of next-generation 5G networks, several communication service providers around the globe are installing virtualized radio access networks (RAN) and core networks in large numbers to lower overall infrastructure and other indirect expenses. Edge computing is also becoming increasingly popular among businesses as a way to reduce latency during data processing. As a result, communication service providers and businesses across the globe are progressively deploying optimization solutions to optimise their networks efficiently while assuring minimal downtime.
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Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Type
o By Application
- Competitive Landscape: Cisco Systems, Ipanema Technologies, Blue Coat Systems, Riverbed Technology, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global WAN Optimization Controller Market- Segmentation
By Type
• Hybrid Network Optimization
• Network Traffic Acceleration and Monitoring
By Application
• CSP’s
• Network Operators
• Enterprise
This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.
