Increasing need for network privacy and visibility is driving SD-WAN market

The market is being driven by multiple factors, one of which is the need for cost-effective network management. As organizations are expanding geographically, their broadband connectivity demand for enterprise area network has increased. Traditional WAN models are becoming unsuitable, as their manual configuration is time-consuming and complex. SD-WAN solutions offer a way out of these problems by reducing the overall operational cost by making them centrally manageable and automating the configurations of WAN edge routers.

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A robust virtual network is the requirement of new technologies such as big data, internet of things (IoT), and machine to machine (M2M) communication. SD-WAN solutions provide nodes or remote offices to connect to the internet via high-speed broadband, at the same time safeguarding the quality of service (QoS) and compliance requirements, which multi-protocol label switching is unable to do on its own. Another trend being observed in the SD-WAN market is the demand for managed SD-WAN services to deal with the lack of IT resources and network security.

WAN optimization solutions offer a variety of advantages, such as cloud-ready networking infrastructure, real-term business productivity, secure optimization, and greater virtual flexibility. Owing to these, WAN optimization solutions have become extremely popular among IT organizations. Seeing this, a software provider, named Citrix Systems, added new features including secure web, multiple deployment modes, prioritization of applications, and cloud connectivity to its upgraded NetScaler SD-WAN. Such enhancements in the products offered by key players are expected to boost the SD-WAN market further.

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The global SD-WAN market is segmented by region, offering, industry, implementation type, and appliance. The implementation type segment is categorized into outsourced and in-house services. Out of these, the larger share was held by in-house SD-WAN services in 2017, a trend which is predicted to continue during the forecast period. However, the outsourced category is expected to attain a higher CAGR of 59.5%. The shift toward outsourced implementation would be because of its lower failure risk and less complexity, compared to in-house deployment.

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P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

This release was published on openPR.