With increasing digitization of business operations, a plethora of mission-critical assets such as enterprise information, databases, and applications are increasingly becoming highly vulnerable to unauthorized access and cyber-attacks. The conventionally used wide area network (WAN) solutions are not able to protect networks from various threats and provide efficient and effective security control for several cloud-based applications. This is why software-defined wide area network (SD-WAN) solutions are being adopted for assisting in the monitoring and measuring of network traffic.
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Furthermore, nearly 75% have started working on various IoT-based projects. However, there are various challenges associated with the usage of big data and the IoT such as high costs of implementation, data privacy issues, issues related to the management and handling of the data, the lack of proper knowledge, and concerns regarding security issues. SD-WAN provides zero-touch provisioning (the automatic configuration of devices and systems with minimal human intervention), minimization of risks, and centralized control and management.
Moreover, the market is predicted to advance at a CAGR of 38.6% between 2020 and 2030. Depending on offering, the market is divided into service and solution. Between these, the solution category recorded higher growth in the SD-WAN market during the last few years. This was primarily because of the large-scale adoption of connected devices and the internet of things, the huge popularity of multi-cloud environment, the demand for a highly secured network infrastructure, and the presence of stringent compliance requirements.
Hence, it can be said with full surety that the demand for SD-WAN solutions will grow explosively all over the world in the coming years, mainly because of the increasing requirement for a secure network infrastructure and the rising digitization of business operations.
