WAN Optimization Market to Grow at a CAGR of 18.8% to 2019 Says a Latest Research Report Available at RnRMarketResearch.com
(PRWEB) March 13, 2015 -- WAN optimization is shaping up to be one of the hottest areas of the network equipment market, prompting industry experts to predict high-profile acquisitions and vendor shakeups in the near future.
The WAN optimization market is estimated to be $5.2 billion in 2014 and is expected to grow to $12.1 billion in 2019 at a CAGR of 18.8% during the forecast period. In the current scenario, North America is expected to be the biggest market on the basis of spending and adoption of the WAN Optimization hardware and services while APAC is the highest growing region with a CAGR of 21.2% in this market.
Wide Area Networking (WAN) has changed the enterprise market with diversified technologies that empower quick and secure data transmissions over the network. Enterprises are currently concentrating much on using WAN optimization technologies as a part of the maintenance of their network infrastructures and to get maximal profits from them in terms of network acceleration, bandwidth optimization, scalability, and increased throughput. Complete report is available at http://www.rnrmarketresearch.com/wan-optimization-market-by-solutions-hybrid-network-optimization-woc-network-traffic-acceleration-and-monitoring-by-services-by-deployment-type-by-verticals-by-end-users-csps-network-operato-market-report.html.
The vendors are rolling out WAN optimization-as-a-Service to meet the requirements of ever changing applications over WAN for different organizations. The WAN optimization-as-a-Service integrates multi-tenant, customized WAN optimization technology with enterprise-grade connectivity through reliable and dedicated core networks. The key reason for the increasing popularity of this service is the fact that it is a cost effective solution meeting the requirements of both small companies and large enterprises. The next opportunity in this market is the BFSI sector, which has increased its spending for WAN optimization, and the introduction of managed services in this market.
The companies profiled in WAN optimization market report are Blue Coat Systems, Inc., CISCO Systems, Inc., Ipanema Technologies, Riverbed Technology, Silver Peak, Inc., Array Networks, Inc., Aryaka Networks, Inc., Circadence Corporation, Citrix Systems, Inc., and Exinda. Order a copy of this research report at http://www.rnrmarketresearch.com/contacts/purchase?rname=310029.
The WAN optimization market has developed and entered into a sustained period of low growth. While the software’s for WAN optimization will keep on delivering growth through the forecast period, WAN optimization must evolve to transform into a set of essential elements of a broader solution that conveys refined WAN instrumentation and rich hybrid WAN capabilities for the hybrid cloud.
The increasing demand for cloud-based WAN optimizing solutions and the development of new data center and branch offices are driving the adoption of WAN optimization solutions. The highly distributed workforce of the enterprises worldwide and use of high bandwidth applications have unfolded a new level of bandwidth and network management requirement over WAN. There has been a significant adoption of WAN optimization solutions among BFSI and IT sectors because of the increased data traffic over the networks and need of seamless data transmission. This has resulted as an increase in the partnerships between the Telecommunication carriers and the WAN optimization vendors.
This is a premium research report priced at US$ 4650 for single user PDF license, Inquire for discount on this research report at http://www.rnrmarketresearch.com/contacts/discount?rname=310029.
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Explore more research report on ‘Computer Networking Market’ at http://www.rnrmarketresearch.com/reports/information-technology-telecommunication/computer-networking.
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