DUBLIN, Mar. 25, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/dzb7mj/wan_optimization) has announced the addition of the "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 Operators, Enterprises), by Regions - Global Trends and Forecast 2014-2019 " report to their offering.
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
WAN Optimization 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.
The changing user requirements, rapid growth in IP and Ethernet services, and increase in the demanded 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 for WAN optimization 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 the WAN optimization hardware while on the other quick adoption of the cloud based WAN optimization 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 solutions continues to gain momentum in the North America and APAC market. This is attributable to the significant leap forward in WAN optimization technology.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 WAN Optimization Market, By Solutions
8 WAN Optimization Market, By Services
9 WAN Optimization Market, By Deployment
10 WAN Optimization Market, By Vertical
11 WAN Optimization Market, By End User
12 Geographic Analysis
13 Competitive Landscape
14 Company Profiles
- Array Networks, Inc.
- Aryaka Networks, Inc.
- Blue Coat Systems, Inc.
- CISCO Systems, Inc.
- Circadence Corporation
- Citrix Systems, Inc.
- Ipanema Technologies
- Riverbed Technology
- Silver Peak, Inc.
For more information visit http://www.researchandmarkets.com/research/dzb7mj/wan_optimization
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SOURCE Research and Markets