What is Driving the Demand for Managed Services?
The changing dynamics of the business environment are continually challenging the efficiency of traditional wide area networks (WANs). The increasing use of cloud-based services, the push for digital transformation, and escalating bandwidth demands are exerting considerable pressure on corporate networks. This has driven the demand for a more robust solution, resulting in the emergence of Software-Defined Wide Area Network (SD-WAN) solutions.
How Does SD-WAN Differ from Traditional WAN?
SD-WAN offers multiple advantages over traditional WAN. It allows for greater network flexibility, enhanced performance, improved reliability, and potential cost savings. Its ability to optimize network traffic management enables businesses to respond swiftly to changing business needs. Furthermore, it offers secured and efficient access to cloud-based resources while improving the management of network traffic.
Why are Businesses Opting for Managed SD-WAN Services?
Managing an SD-WAN can be complex and resource-intensive, leading more businesses to opt for managed SD-WAN services. Such services allow businesses to offload the task of handling their network infrastructure to skilled specialists, enabling them to concentrate more on their core business activities. In summary, managed SD-WAN services are not just a trend; they are rapidly becoming the norm for businesses seeking to optimize their network capabilities in a digital world.
Key Indicators
- Growth Rate of SD-WAN Adoption
- Market Share Distribution Among SD-WAN Providers
- Revenue From Managed SD-WAN Services
- Application Performance Across SD-WAN
- Level of Network Security in Managed SD-WAN Services
- Cost Efficiency Ratio of SD-WAN vs Traditional WAN
- Migration Rate from Traditional WAN to SD-WAN
- Percentage of Enterprises Opting for Managed Services vs In-house SD-WAN Management
- Quality of Service Metrics in Managed SD-WAN Networks
- Future Investment in SD-WAN Technology
Key Trends
- Shift from MPLS to SD-WAN
- Growing Adoption of Cloud Services
- Integration of Security Services
- SD-WAN and 5G Convergence
- Increased Demand for Network Agility and Scalability
- Expansion into Multi-cloud Environments
- Rise of Network-as-a-Service (NaaS)
- Dominance of Co-managed SD-WAN
- Implementation of AI and Machine Learning in Network Management
- Competitive Landscape: Market Consolidation and Partnerships