iResearch recently released the "2023 China SDN and SD-WAN Industry Research Report". CypressTel, a global leader in SD-WAN security networking, has been recognized for its innovative technology, extensive practice in various scenarios, and outstanding market reputation. It has been placed alongside industry giants like China Mobile Cloud, China Unicom Cloud, and China Telecom Cloud, thus securing a leading position in the SD-WAN field for the "2023 China SDN Industry Chain and Industry Map".
Additionally, CypressTel has been established as a benchmark vendor in the SD-WAN field. Two of its successful cases, "SD-WAN Networking Practice of a Financial Insurance Company" and "SD-WAN Networking Practice of an Intelligent Manufacturing Enterprise", were recommended as cases in the report. This recognition is attributed to its remarkable implementation results and significant industry influence.
In its first authoritative work on the China SDN and SD-WAN field, iResearch delves deeply into the current industry background, accurately grasping the diverse needs of vertical industry SD-WAN users. The report comprehensively showcases the domestic vendor pattern and practice cases, and explores the new scenarios and future development trends of China's SD-WAN application, aiming to provide the industry with valuable reference and guidance.
The report points out that although the overall growth rate of China's SDN market has slowed down, the data center remains the main application scenario. According to iResearch's calculations, the scale of China's SDN market in 2023 will be 9.6 billion yuan, with the SD-WAN scenario scale at about 3.3 billion yuan. Among the three main application scenarios of SDN, the data center and campus network scenarios account for about 66%, while the SD-WAN scenario accounts for about 34%. The report also predicts that with the acceleration of the construction of intelligent computing centers and the deepening of enterprise digitization, the proportion of data center scenarios and SD-WAN scenarios is expected to increase further. The report also suggests that with economic recovery, the expansion of financial SD-WAN coverage to core business areas, and the upgrading and replacement of government classified information and innovative equipment, the growth rate of the SD-WAN market is expected to rebound slightly in 2024.
CypressTel, a leading resource-based vendor, is at the forefront of the emerging trend of comprehensive network solutions.
According to iResearch, in 2023, SDN vendors can be categorized into three types: hardware-based, software-based, and resource-based, with these categories overlapping in their business operations. CypressTel, as a representative of resource-based vendors, leverages its deep cooperation with operators and strong network resource foundations to integrate hardware-based vendors' network equipment and software-based vendors' services. This approach allows CypressTel to offer multinational enterprises convenient, flexible, and secure one-stop network solutions to meet diverse business needs.
CypressTel is a well-known international brand that leads in the Asia-Pacific region and is considered a benchmark within the domestic industry. It holds a prominent position in the domestic market and is also focused on global expansion with a strategic vision. CypressTel has established partnerships with over 100 international operators and the three major operators in China, creating a cohesive global ecosystem. Additionally, CypressTel is the sole SD-WAN solution provider in China that has partnered with international affiliates of the three major operators and is considered an important strategic partner by global Tier 1 & Tier 2 operators in the Asia-Pacific region.
In terms of business innovation, CypressTel has integrated the deployment of multi-brand SD-WAN, such as Huawei, Fortinet, and VMware, with its self-developed OneWAN as the traffic entry point. The company is also focusing on areas such as edge computing, SASE security, and AI computing power to drive breakthrough progress in SD-WAN, CLOUD, and IDC data centers, thus creating new growth opportunities.CypressTel has expanded its presence to European and American markets such as London and Los Angeles, as well as to Asian-Pacific markets including Singapore, Tokyo, and Taipei. Local branches have been set up to empower the digital transformation and internationalization of local enterprises. Additionally, CypressTel has obtained telecommunication operator license qualifications in countries such as Singapore and Malaysia, providing solid support for further international expansion.
At the global backbone network level, CypressTel has worked on planning, deploying, and optimizing its new-generation backbone network and self-developed SD-WAN, resulting in a significant increase in node coverage and deployment speed, with the capacity of vital backbone network nodes experiencing a 10 to 100 times increase. As SDN and SD-WAN technologies mature and their widespread application deepens, CypressTel plans to actively embrace market changes, strengthen collaboration with global top resources, and expand application scenarios to contribute to the growth of the SDN and SD-WAN industry.
