Workspace Delivery Network Market size to grow by USD 33.42 billion from 2023 to 2028, Growth driven by Increasing demand for cloud-based solutions - Technavio
NEW YORK, Oct. 31, 2023 /PRNewswire/ -- The "workspace delivery network market by deployment (on-premises and cloud), type (SD-wan and traditional wan), and geography (North America, Europe, APAC, South America, and Middle East and Africa) - Forecast and Analysis 2024-2028" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the workspace delivery network market between 2023 and 2028 is USD 33.42 billion. Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more. Buy the full report here
Increasing demand for cloud-based solutions is a key factor driving market growth. The adoption of cloud computing in the world is on the rise, due to its flexibility and cost advantages. Cloud-based services, which will drive the workspace delivery network market, have already started to be adopted by businesses because of numerous benefits. Hence, these factors are expected to drive market growth during the forecast period.
Market Challenge
The lack of a skilled workforce is a significant challenge restricting market growth. Employees hired to manage SD-WAN and WAN optimization devices and application delivery network devices must have infrastructure knowledge and the ability to configure the infrastructure networks, such as switches and routers, as enterprise network infrastructure modernizes on a year-over-year basis. Hence, these factors are expected to restrict market growth during the forecast period.
Learn about additional key drivers, trends, and challenges available with Technavio. Read a Sample PDF Report Now
The workspace delivery network market is segmented by deployment (on-premises and cloud), type (SD-wan and traditional wan), and geography (North America, Europe, APAC, South America, and Middle East and Africa).
- The market share growth by the on-premises segment will be significant during the forecast period. To deploy on-premises, the IT experts at the organization will buy and install software solutions that are hosted on the end user's server and then maintain them. It enables organizations to have full control of their key data through an on-premises deployment. As they are more secure than cloud computing solutions and less susceptible to hackers, most organizations prefer on-premises workspace delivery networks.
- North America is estimated to contribute 39% to the growth of the global market during the forecast period.
View the Sample Report for insights into the contribution of all the segments and regional opportunities in the report.
Key Companies in the Workspace Delivery Network Market:
A10 Networks Inc., Arista Networks Inc., Aryaka Networks Inc., Bigleaf Networks Inc., Cato Networks Ltd., Check Point Software Technologies Ltd., Cisco Systems Inc., Cloud Software Group Inc., F5 Inc., FatPipe Networks Inc., Fortinet Inc., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., Juniper Networks Inc., Oracle Corp., Palo Alto Networks Inc., Riverbed Technology Inc., Versa Networks Inc., VMware Inc., and Zscaler Inc.
Related Reports:
The Business Process Management (BPM) Market size is estimated to grow at a CAGR of 10.1% between 2022 and 2027. The market size is forecast to increase by USD 8,910.27 million.
The social business intelligence market size is estimated to grow at a CAGR of 5.82% between 2022 and 2027. The market size is forecast to increase by USD 5,749.99 million.
ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Deployment
Market Segmentation by Type
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base comprises enterprises of all sizes, including over 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com
SOURCE Technavio
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article