SD-WAN Solutions Helping Enterprises Manage Large Volumes of Data

With the generation and utilization of huge amounts of data across the world, a large number of mission-critical assets such as enterprise information, databases, and applications are becoming highly vulnerable to unauthorized access. Moreover, the conventionally used wide-area network (WAN) solutions don’t have the capability to protect the network from various security threats and provide adequate security for several cloud applications.

This is fueling the demand for SD-WAN solutions as they assist in measuring and monitoring network traffic. Moreover, these solutions enable the information technology (IT) professionals to gain deeper visibility into WAN, which, in turn, helps them quickly identify the location of a security attack, thereby ensuring greater protection of various enterprise software and operations.

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Besides these factors, the increasing use of big data and the internet of things (IoT) is also fueling the demand for SD-WAN solutions across the globe. This is because these solutions assist in managing the various challenges associated with big data and IoT such as high implementation costs and data privacy via centralized control and management, risk minimization, and zero-touch provisioning.

Additionally, the increasing migration of businesses from conventional WAN infrastructure to cloud-based solutions is also propelling the expansion of the global SD-WAN market, as a result of which, the market revenue is expected to grow from $1.4 billion in 2019 to $43.0 billion by 2030. Furthermore, the market is expected to progress at a CAGR of 38.6% from 2020 to 2030 (forecast period). Depending on offering, the market is divided into service and solution categories.

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