||Expected to reach a value of $30 billion by 2026, the global SD-WAN market is growing rapidly as more enterprises demand the virtualization technology and its ability to serve as a network management solution. Though demand was already rising prior to the last twelve months, SD-WAN was one of several technologies that took off in 2020 as a result of the pandemic and the subsequent shifts in working and enterprise strategy. More businesses are sourcing SD-WAN to enhance their network architecture and improve day-to-day processes, which is paving the way for an exciting future in the digital space. The role of SD-WAN in 2020 With 92% of respondents in Futuriom’s 2020 survey of 100 enterprise end users having said they were evaluating SD-WAN services and/or software, 2020 certainly saw major growth in the awareness and adoption of SD-WAN. Over the last year, this growth has been supported by the fierce competition that has come to exist within the SD-WAN market, with Cisco, Silver Peak, Versa, VMware, and Fortinet all competing for market leadership. According to Dell’Oro, these five vendors were said to account for around 60% of revenue collectively in 2019, with none of which surpassing 20% of market share […]
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