Beancounters at IDC have added up some numbers and concluded that customers are keen on the much-hyped SD-WAN tech.
The analyst house is expecting impressive growth in the SD-WAN infrastructure market with the enterprise segment of the networking market growing at a 30.8 percent compound annual growth rate between 2018 and 2023 to hit revenues of $5.25 billion.
IDC’s Network Infrastructure expert Rohit Mehra said that SD-WAN is one of the fastest-growing segments of the network infrastructure market and several factors were driving the growth. Traditional WANs were failing to meet the needs of digital businesses, “especially as it relates to supporting SaaS apps and multi- and hybrid-cloud usage”.
“Enterprises are interested in easier management of multiple connection types across their WAN to improve application performance and end-user experience,” he said.
Resellers and customers were having difficulty identifying who to partner with and the marketed was crowded.
Mehra said that the market contained established networking players, which had added SD-WAN to their portfolio, and many market-disrupting start-ups.
IDC has Cisco at the top the market with VMware next and then Silver Peak, Nokia-Nuage and Riverbed.
