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SD-WAN Market: 37% Growth from North America, Report on How AI is Driving Market Transformation – Technavio

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NEW YORK, Dec. 12, 2024 /PRNewswire/ — Report with the AI impact on market trends – The global software-defined wide area network (SD-WAN) market size is estimated to grow by USD 13.66 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 29.02% during the forecast period.

For comprehensive forecast and historic data on regions,market segments, customer landscape, and companies- Click for the snapshot of this report

Report Attribute

Details

Base Year

2023

Forecast period

2024-2028

Historic Data for

2018 – 2022

Segments Covered

Product (Solutions and Services), End-user (Service providers and Enterprise customers), and Geography (North America, APAC, Europe, South America, and Middle East and Africa)

Key Companies Covered

Arista Networks Inc., Aryaka Networks Inc., Bigleaf Networks Inc., Cato Networks Ltd., Cisco Systems Inc., Citrix Systems Inc., FatPipe Networks Inc., flexiWAN Ltd. , Forcepoint LLC, Fortinet Inc., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., Juniper Networks Inc., Lumen Technologies Inc., Nokia Corp., Oracle Corp., Palo Alto Networks Inc., Riverbed Technology Inc., Versa Networks Inc., VMware Inc, Cisco Systems, Inc.; Oracle Corporation; Hewlett Packard Enterprise Company.; Nokia Corporation; VMWare, Inc.; Huawei Technologies Co., Ltd.; Juniper Networks, Inc.; Fortinet, Inc.; Citrix Systems, Inc.; Ciena Corporation; Epsilon Telecommunications; Telefonaktiebolaget LM Ericsson; BT; NEC Corporation; Tata Communications

Regions Covered

North America, APAC, Europe, South America, and Middle East and Africa

Region Outlook

North AmericaEuropeAsiaRest of World

1. North America – North America is estimated to contribute 37%. To the growth of the global market. The Software-defined Wide Area Network (SD-WAN) Market report forecasts market growth by revenue at global, regional & country levels from 2017 to 2027. 

The SD-WAN market in North America is experiencing significant growth due to increasing consumer and enterprise data traffic. Factors driving this trend include the proliferation of Internet of Things (IoT) devices, rising investments in artificial intelligence (AI), and the implementation of autonomous technologies across businesses. Additionally, the growth of autonomous vehicles and the resulting IP traffic expansion, fueled by increasing mobile data consumption and high-bandwidth applications, are contributing to the market’s growth. The US and Canada lead data center investments in North America due to their supportive environments for 5G-enabled IoT solutions, high connectivity and bandwidth, favorable tax policies, and low electricity tariffs.

For more insights on North America’s significant contribution along with the market share of rest of the regions and countries – Download a FREE Sample

Segmentation Overview

Product 1.1 Solutions1.2 ServicesEnd-user 2.1 Service providers2.2 Enterprise customersGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

Get a glance at the market contribution of rest of the segments – Download a FREE Sample Report in minutes!

1.1 Fastest growing segment:

Businesses can securely connect their users to applications using a software-defined wide area network (SD-WAN), which allows the combination of various transport services like MPLS, LTE, and broadband internet. Managed SD-WAN services, offered by managed service providers (MSPs) or communications service providers (CSPs), provide the necessary networking, transport, hardware, and software for delivering applications or services, such as branch connectivity with specified SLAs. Regular maintenance is crucial for SD-WAN’s optimal performance, and providers often offer additional services for setup, integration, and maintenance. The services segment is expected to drive the growth of the global SD-WAN market during the forecast period.

Research Analysis

The Software-defined Wide Area Network (SD-WAN) market is experiencing significant growth due to the increasing demand for WAN simplification and cost savings. SD-WAN enables businesses to efficiently manage and optimize their network resources, making it an ideal solution for handling the exponential growth of cloud IP traffic. With the advent of 5G, SD-WAN is set to become even more crucial for businesses dealing with large amounts of data, such as those in healthcare, energy and utilities, and transportation and logistics. SD-WAN offers improved reliability and bandwidth efficiency compared to traditional Multi-Protocol Label Switching (MPLS) networks. It is particularly beneficial for Small and Medium Enterprises (SMEs) and industries dealing with high-volume data, such as industrial IoT (IIoT), smart cities, and edge computing. Moreover, SD-Zero Trust Network Access (ZTNA) and AI-driven network security are essential features of SD-WAN, ensuring secure connectivity for businesses dealing with sensitive data. Operating costs are also reduced through the adoption of Software-as-a-Service (SaaS) and hybrid cloud solutions. The future of SD-WAN lies in its ability to adapt to emerging technologies like 5G, RAN, and mobility, making it a vital component of digital transformation strategies.

Market Overview

The SD-WAN market is experiencing significant growth due to the increasing demand for WAN simplification and cost savings. Traditional approaches to managing network infrastructure for enterprises, such as Multiprotocol Label Switching (MPLS), are being replaced with SD-WAN networks for their bandwidth efficiency and ability to handle exabytes (EB) and zettabytes (ZB) of cloud IP traffic. SD-WAN networks provide reliability and agility, enabling digital transformation for various industries, including SMEs, healthcare, transportation and logistics, energy and utilities, and more. The integration of 5G, Radio Access Networks (RAN), and advanced technologies like AI, big data, and edge computing, further enhances SD-WAN’s capabilities. Cost savings, network security, and application performance are key benefits of SD-WAN, making it an attractive option for enterprises looking to optimize their network infrastructure and improve user experience. The market for SD-WAN is expected to grow as more businesses adopt cloud-based services, Software-as-a-Service (SaaS), and hybrid cloud platforms. Despite the advantages, SD-WAN deployment can face reliability issues and cybersecurity concerns. Network links, including wireless, broadband, and Internet, must be secure to protect employees, corporate applications, servers, and resources. ZTNA and IoT are also essential considerations for SD-WAN networks. Overall, the SD-WAN market offers enterprises a cost-effective, efficient, and secure solution for managing their network infrastructure and supporting their digital transformation initiatives.

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Key Topics Covered:

 1 Executive Summary
 2 Market Landscape
 3 Market Sizing
 4 Historic Market Size
 5 Five Forces Analysis
 6 Market Segmentation
 7 Customer Landscape
 8 Geographic Landscape
 9 Drivers, Challenges, and Trends
10 Venodr Landscape
11 Vendor Analysis
11.1 Cisco Systems, Inc
11.2 Oracle Corporation
11.3 Hewlett Packard Enterprise Company
11.4 Nokia Corporation
11.5 VMWare, Inc
11.6 Huawei Technologies Co., Ltd
11.7 Juniper Networks, Inc
11.8 Fortinet, Inc
11.9 Citrix Systems, Inc
11.10 Ciena Corporation
11.11 Epsilon Telecommunications
11.12 Telefonaktiebolaget LM Ericsson
11.13 BT
11.14 NEC Corporation
11.15 Tata Communications
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides 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 consists of enterprises of all sizes, including more than 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: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Reliance Digital Brings Samsung’s Latest Galaxy Z Fold8 Series and Galaxy Z Flip8 to Stores Across India

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Be among the first to own the new Samsung Galaxy Z Fold8 series and Galaxy Z Flip8. Customers can now pre-order the latest Galaxy foldables at Reliance Digital, with EMIs starting at ₹6000/month.

MUMBAI, India, July 25, 2026 /PRNewswire/ — Reliance Digital, India’s leading consumer electronics retailer, today announced the availability of Samsung’s latest generation of foldable smartphones – the Galaxy Z Fold8 Ultra, Galaxy Z Fold8 and Galaxy Z Flip8. Designed to deliver the next evolution of Galaxy AI, powerful performance and iconic foldable innovation, Samsung’s newest line-up is now available across Reliance Digital stores and online.

Built around Samsung’s vision of making AI more intuitive and personal, the new Galaxy foldables combine immersive displays, premium craftsmanship and intelligent experiences that seamlessly adapt to the way users work, create and stay connected.

Leading the line-up is the Galaxy Z Fold8 Ultra, Samsung’s most premium foldable yet. Featuring an expansive 8-inch Dynamic AMOLED 2X main display, a flagship 200MP camera, the latest Snapdragon® 8 Elite Gen 5 for Galaxy processor and a 5,000mAh battery, the device is engineered for users who demand the ultimate in productivity, creativity and entertainment. It is available in Graphite, Cream and Violet Shadow,.

The Galaxy Z Fold8 brings Samsung’s signature foldable experience in a more compact form factor, featuring a 7.6-inch Dynamic AMOLED 2X main display, a redesigned wider cover screen, Galaxy AI-powered multitasking and flagship-grade performance. Customers can choose from Lavender, Graphite and Cream colour options.

Completing the line-up is the Galaxy Z Flip8, Samsung’s most stylish foldable smartphone, designed for users who want flagship performance in a compact, pocket-friendly form. Equipped with a vibrant 6.9-inch Dynamic AMOLED 2X display, an enhanced FlexWindow, a 50MP camera system and Galaxy AI experiences, the Flip8 effortlessly blends fashion with functionality.

Customers can visit their nearest Reliance Digital store to experience the new foldables first-hand with guidance from Reliance Digital’s Tech Dosts, compare models, explore exclusive launch offers and Pre-order the Galaxy device that best fits their lifestyle. The complete Galaxy Z Fold8 series and Galaxy Z Flip8 are also available through Reliance Digital’s online platform, ensuring customers can be among the first to own Samsung’s latest foldable innovations.

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Weichai’s Five Tech Routes Global Debut: Diverse Paths to a Green, Smart Future

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HANOI, Vietnam, July 25, 2026 /PRNewswire/ — At VEC in Vietnam on July 21, the Shandong Heavy Industry global partners conference & green intelligent products expo opened. Responding to the green transition of global commercial vehicles and heavy equipment, Weichai – with decades of expertise – unveiled five core tech routes: BEV, HEV, PEMFC, alternative-fuel ICE, and ADAS. Through full-chain proprietary control and breakthroughs, it provides efficient, low-carbon, intelligent power solutions to the global market.

Battery electric vehicle powertrain: full-chain deployment and high-efficiency recharging: Weichai masters core battery, motor, and e‑control technologies. Its CT100 battery – for heavy tractors and dump trucks – features integrated design and triple insulation, delivering better reliability, efficiency, safety, and speed. The WMS3200 drive system, tailored for heavy‑truck haulage, boosts efficiency and cuts vehicle power consumption. The WMC‑L/H/B integrated controllers offer stable, efficient control for light trucks, heavy trucks, and buses.

Hybrid electric vehicle powertrain: deep integration and ultra-long range: Weichai covers series, parallel, and series-parallel architectures, deeply integrating engine and e-drive. For urban logistics, the WP2.5T range extender offers quick response and low noise; for long-haul transport, the WP3NNG natural-gas range extender uses a “pure electric for short hauls, range-extended for long hauls” mode, with over 1,000 km combined range, easing range anxiety.

Proton exchange membrane fuel cell: zero-carbon leadership: Weichai has built a full-chain hydrogen energy system covering components, stacks, and systems. The WEF300 fuel cell engine has been deployed in volume in 49-ton heavy-duty trucks, suitable for long-haul and port logistics. The WEFG500 power generation system provides megawatt-class scalable power to support data centers and industrial plants.

Alternative fuel internal combustion engine: diverse clean-energy options and exceptional cost-effectiveness: Modular design enables flexible switching between H₂ and methanol. WP15DI hydrogen ICE peaks at 46.8% thermal efficiency; WP17T methanol ICE targets heavy‑equipment energy use, cuts operating costs, and is mass‑deployed in 130‑ton mining trucks.

Intelligent driving assistance system: vehicle-road-cloud collaboration: Weichai built a vehicle‑road‑cloud full‑stack architecture, with mining autonomous solution for cm‑level docking & obstacle avoidance, and trunk‑line ADAS with intelligent cruise & auto lane‑change, boosting high‑speed safety and economy.

Going forward, Weichai will keep iterating these five tech routes with global partners to advance sustainable manufacturing.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/weichais-five-tech-routes-global-debut-diverse-paths-to-a-green-smart-future-302834548.html

SOURCE Weichai Group

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Portland General Electric declares dividend

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PORTLAND, Ore., July 24, 2026 /PRNewswire/ — The board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.55125 per share.

The company’s dividend is evaluated based on capital requirements and financial performance. PGE targets a dividend payout ratio of 60 to 70% over the long term.

The quarterly dividend is payable on or before October 15, 2026, to shareholders of record at the close of business on September 25, 2026.

About Portland General Electric Company
Portland General Electric (NYSE: POR) is an integrated energy company that generates, transmits and distributes electricity to nearly 960,000 customers serving an area of approximately 2 million Oregonians. Since 1889, Portland General Electric (PGE) has been powering economies, delivering safe, affordable and reliable electricity while working to transform energy systems to meet evolving customer needs. PGE continues to make progress towards emissions reduction targets, and customers have set the standard for prioritizing clean energy with the No. 1 voluntary renewable energy program in the country. PGE is ranked a top ten utility in the 2025 Forrester U.S. Customer Experience Index. In 2025, PGE employees and retirees volunteered over 18,300 hours to more than 400 nonprofits organizations. Through the PGE Foundation, along with corporate contributions and the employee matching gift program, more than $5 million was directed to charitable organizations supporting economic growth and community resilience across our service area. For information: portlandgeneral.com/news.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise.

Forward-looking statements include statements, other than statements of historical or current fact, regarding the Company’s amount and timing of dividends payable as well as other statements containing words such as “committed to,” “targets,” or similar expressions.

There can be no assurance that future dividends will be declared. The declaration of future dividends is subject to approval of our board of directors and various risks and uncertainties, including, but not limited to: our cash flow and cash needs; the timing or amount of dividends paid; the timing or outcome of various legal and regulatory actions; changes in the Company’s business strategy; increases in capital expenditures; changes in capital and credit market conditions, including volatility of equity markets as well as changes in PGE’s credit ratings and outlook on such credit ratings restrictions on the payment of dividends under existing or future financing arrangements; changes in tax laws relating to corporate dividends; deterioration in our financial condition or results, and those risks, uncertainties, and other factors identified from time-to-time in our filings with the United States Securities and Exchange Commission (SEC), including our annual report on Form 10-K for the year ended December 31, 2025 and subsequent quarterly reports on Form 10-Q. These reports are available through the EDGAR system free-of-charge on the SEC’s website, www.sec.gov and on the Company’s website, investors.portlandgeneral.com. Investors should not rely unduly on any forward-looking statements. The Company assumes no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors.

Media Contact:
Drew Hanson
Corporate Communications
Phone: 503-464-2067

Investor Contact:
Erin Schwartz
Investor Relations
Phone: 503-464-7751

View original content:https://www.prnewswire.com/news-releases/portland-general-electric-declares-dividend-302834503.html

SOURCE Portland General Company

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