The business world is getting revamped with new tech trends in the network industry, led by cloud computing. The telecommunication industry is witnessing inevitable changes with SD-WAN (Software-Defined Wide-Area Networking) with the constant demand for flexibility and centralized management to go hand-in-hand with security.
SD-WAN already has an outstanding response from the users, and the market value has seen a staggering growth rate of 56.1% and will soon exceed 12 billion dollars. It provides an excellent network connection for enterprises. The global market size for SD-WAN stood at $1.4 billion in 2019but is inevitably expected to reach a staggering $43 billion by 2030.
If you are thinking of going for SD-WAN integration for your business, consider taking a read at this piece for every bit of information that you need to know about it.
Previously, SD-WAN implementation was only a cost-effective way for smooth network communication. It is cost-effective because it supersedes disparate legacy tools in the branch, and eradicates manual configuration and troubleshooting due to its time-consuming and error-prone nature.
According to a study made in 2019, North America was the largest market for SD-WAN. However, the 38.6% growth rate estimates the Asia Pacific region to become the fastest-growing region in the 2020-2030 span.
Large enterprises can utilize Wide Area Network transformation to elevate the power of Software-as-a-Service, IoT drive, digital shift, and cloud services. In fact, the SaaS industry is already huge. To put things in perspective, back in 2015, the market size for this industry was $31.57 billion. However, it is estimated to grow at a staggering rate of 18.6% by 2025 and would reach a size of $172.2 billion.
In the next few years, SD-WAN is set to roll because of its inexpensive and productive approach. This integration not only provides good network connectivity but enhances the value of other services too.
The key benefit of SD-WAN is it’s potential to authorize multiple access types at a setting to provide a large bandwidth with greater uptime.
In 2019, SD-WAN integration witnessed a massive hike from 35 percent to 54 percent. Almost 90% of enterprises are still actively piloting and using WAN services. As a majority of respondents are actively using cloud services, SD-WAN is procuring a uniform connection over cloud services and physical locations.
All leading tech giants, like Microsoft, Amazon & Google will constantly revamp the features of SD-WAN solutions and application programming interfaces. This will ensure powering the operations will be productive and error-free.
Automation brings the best out of the cloud services, as it makes the process simple and fast, despite the intrinsic complexities of cloud solutions. SD-WAN integration enables users to utilize multiple ways between cloud services and physical location.
The way of working is witnessing some major changes, like shifting work to a remote location, using cloud-based services, and many more. As enterprises are going virtual, there is a need for WAN to outperform and increase productivity.
As the work culture is shifting to a digital space, traditional routers fail to perform, while being expensive as well. According to Cisco, by the year 2021, there will be more than 27 billion connected devices and 43% of all the appliances will utilize network connections.
The work-from-home trend is a big breakthrough for SD-WAN. As employees are restricted to social distancing, the need for a smooth, secure, and flexible network is rising. WAN provides more bandwidth and increased uptime compared to expensive routing solutions.
In the last three decades, network hardware has dominated the ever-evolving industry of enterprise networking. However, now a new networking methodology enables automated equipping and policy-based business intent with centralized management of network resources. With cloud services on board, in 2019 WAN solutions started witnessing a hike in adoptions.
SD-WAN authorizes cloud integration for enterprise networks by exterminating the ‘enterprise island’ factor. WAN enables businesses to manage their network cartography and customer connectivity closer to the growth of the organization.
So, this can be the best tool to resolve network connectivity issues as it is an inexpensive and time-efficient approach. It makes organizations generate more revenue in the long run.
Traditional network architecture can no longer provide safety and authority as required. They weren’t developed to bolster the ensuing digital ecosystem in the first place.
WAN solutions have upgraded their services, the traffic is no longer guided to a single service center and is sent off to diverse cloud-based locations and virtual networks. Industries need no boundary security approach to provide smooth and secure access to employees across various devices, like PCs, smartphones, laptops, tablets, and more.
WAN solutions enable users to create the network topology tailored to the company’s requirements. The grip and security of WAN services are vital for the upcoming business years since these are the key aspects for extending the value of cloud services, SaaS, and other services.
Looking at the current trends, WAN edge and security will coalesce as a solitary unit, also referred to as ‘Secure Access Service Edge’ ( SASE).
In order to sustain its current market value, merchants need to step up their marketing game by veering their delivery model and product portfolio. SASE adoption will be transmitted as XaaS, it will perpetually make the traditional Cloud Service Provider and device-centric business prototypes obsolete.
As digitalization has superseded track records, more devices are turning as IP enabled. The IoT industry is expected to surpass 64 billion devices by 2025. In 2017, it had a total of 9 billion devices, while the tally rose to 10 billion in 2018.
Businesses are choosing IoT without understanding the intricacies. It is very important to know how to manage such huge traffic. In a study, 60% of the respondents reported that IoT was only clear on paper, while implications witnessed unexpected complexity.
IoT deployment requires enhanced security, a mandated amount of bandwidth, and real-time visibility. SD-WAN covers everything that an enterprise needs for IoT. It provides stability and pace that is vital to uphold the emerging digital ecosystem.
As it is earlier stated, the SD-WAN box requires deployment in the respondent working space. However, it is not a product but a technology solution, SD-WAN deployment makes the enterprise services more defined and productive.
The vendors need to keep security features in their SD-WAN deployment. However, most of these lack advanced security, so enterprises need to be in a secure connection. So, adding up this feature will keep SD-WAN stay in the run for a long time.
Some SD-WAN vendors barter licensing and hardware, while others just copy the carrier network and sell it as a private network.
SD-WAN deployment is beneficial for enterprises as well as service providers. Some leading analysts predict that SD-WAN will be on top for the next few years. Moreover, the chances of these projections to be wrong due to market shifts are negligible.
With that said, the industry is ripe for enterprises to upgrade to a cloud-ready WAN from an MPLS platform. The perks of ease-of-usage centralized management, cost of ownership, and performance can reap dividends for your company.
To know more about SD-WAN and how to implement it best, get in touch with Lavelle Networks, a leading provider of accelerated networks.
Opt for a centrally orchestrated SD-WAN solution to improve user experience and to simplify operations today with Lavelle Networks ScaleAOn SD-WAN Solutions.