Organizations across all vertical markets are turning to SD-WAN to simplify global networks, improve WAN performance, lower costs and streamline management. According to Quadrant,
the SD-WAN market is expected to continue growing at a compound annual
growth rate of 56.1 percent (2018-2023), and it’s on pace to exceed $12
billion. Over this stretch, Quadrant says, North America will provide
the highest business opportunities for SD-WAN vendors. Currently, North
America holds 83 percent of the global SD-WAN market with Asia Pacific
and EMEA also gaining market traction. The technology is widely appealing to enterprises that are looking to
address connectivity to on-premises and cloud applications. This is
fueling market growth. According to Gartner, there are now more than 60
vendors in the global WAN edge market, combining technologies like
SD-WAN, WAN optimization, edge security and branch office routing. Looking ahead over the next decade, Gartner predicts that WAN edge and
security will converge into a single market, which is being referred to
as Secure Access Service Edge (SASE). Gartner maintains that in order to continue to grow in this rapidly
evolving market, vendors should transform their delivery model and
enhance their product portfolio. SASE adoption, which will be delivered
as an XaaS offering, aims to make device-centric and traditional Cloud
Service Provider (CSP) offerings/business models obsolete.
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