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SD-WAN Market Increased 64 Percent and Surged Over $1 Billion in 2019, According to Dell'Oro GroupREDWOOD CITY, Calif., March 3, 2020 /PRNewswire/ -- According to a recently published report by Dell'Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, the worldwide SD-WAN market grew 64 percent and surpassed the $1 billion level for the full year 2019. Dell'Oro Group's inaugural SD-WAN market share report shows that the five leading vendors, Cisco, Silver Peak, Versa, VMWare, and Fortinet, had a combined revenue share of almost 60 percent in 2019. "SD-WAN had a breakout year in 2019. The market moved beyond the early adopter phase, and we observed that vendors with larger installed bases gained the critical mass needed for sustained revenue growth," said Shin Umeda, Vice President at Dell'Oro Group. "This is a highly competitive market and with no vendor taking more than 20 percent market share, and we expect an ongoing market share battle in the coming years," added Umeda. Additional highlights from the 4Q19 Router & Carrier Ethernet Switch Report:
The Dell'Oro Group Router & Carrier Ethernet Switch Quarterly Report offers complete, in-depth coverage of the Service Provider Core and Edge Router, Carrier Ethernet Switch, and Enterprise Router markets for future current and historical time periods. The report includes qualitative analysis and detailed statistics for manufacture revenue by regions, customer types, and use cases, average selling prices, and unit and port shipments. To purchase these reports, please contact us by email at [email protected]. Dell'Oro Group is a market research firm that specializes in strategic competitive analysis in the telecommunications, networks, and data center IT markets. Our firm provides in-depth quantitative data and qualitative analysis to facilitate critical, fact-based business decisions. For more information, contact Dell'Oro Group at +1.650.622.9400 or visit www.delloro.com.
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