WAN Optimization Market : Huge Growth Opportunities, Size, Revenue, Technological Advancements, Application, Market Trends and Demand by 2018

Global market into various sub-segments with in-depth analysis and forecasting of revenues. It also identifies the drivers and restraints for this market with insights into trends, opportunities, and challenges.

(EMAILWIRE.COM, July 11, 2018 ) WAN optimization market is a technique/technology that enables an uninterrupted high speed data transfer by removing duplicate transmissions, compressing and prioritizing the data, staging data in local caches and finally streamlining the protocols. Recently this market has seen dramatic changes in terms of adoption of WAN hardware and as a cloud service.

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The changing user requirements, rapid growth in IP and Ethernet services, and increase in the demand of WAN optimization-as-a-Service over cloud are driving the evolution of the WAN optimization market. The WAN optimization is a part of OTN ecosystem architecture concept originally developed by the ITU-T. Recently in last five years the enterprises have become much more sensitive about the smooth delivery and visibility of applications over the WAN. The numerous software applications used by the companies are now being converted to web-based versions, which enable easy accessibility to the remote employees of the businesses. The fact that the cloud based solutions appeals both to the enterprises and small companies has fueled the market growth. On one side a decrease has been seen in the sales volume of hardware while on the other quick adoption of the cloud based solutions is gaining the market share.
Moreover, the fact that WAN optimization offers seamless data transmission and removes latency issues, is a another reason for increased traction of this market. One of the biggest drivers for this market is the easy transmission of high memory content over the networks, handling high data traffic. The rapid adoption of WAN optimization market solutions continues to gain momentum in the North America and APAC market. This is attributable to the significant leap forward in the technology.

The WAN optimization market research report outlines the key trends, and market sizing and forecasting for various emerging sub-segments of market. The report also emphasizes on key global adoption trends, future growth potential sub markets, key drivers, competitive outlook, restraints, and opportunities of optical network market ecosystem. It also provides insights into the current and future revenues of market from 2014 through 2019 and is aimed to provide the reader with an understanding of market drivers, current and upcoming players, and competitive landscape.

The market is further drilled down; by solutions; by services; by deployment; by verticals, by end users; and by regions: North America (NA), Asia Pacific (APAC), Europe, Middle East and Africa (MEA) and Latin America (LA). MarketsandMarkets expects that the WAN Optimization market is estimated to be $5.2 billion in 2014 and is expected to grow to $12.1 billion in 2019. This represents an estimated Compound Annual Growth Rate (CAGR) of 18.8% from 2014 to 2019

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