TECH SUPPLIER Aug 2020 - Market Forecast - Doc # US46613320
Worldwide SD-WAN Infrastructure Forecast, 2020–2024: Secular Trend Intact Despite 2020 COVID-19 Pause
By: Rajesh Ghai, Petr JirovskyResearch Director, Network Infrastructure, Brandon ButlerResearch Manager, Enterprise Networks, Brad CasemoreResearch Vice President, Research Vice President, Datacenter and Multicloud Networks, Rohit MehraGroup Vice President, Network and Telecom Infrastructure
This IDC study presents a forecast for the worldwide SD-WAN infrastructure market.
"While digital transformation and the embrace of the multicloud paradigm remain central to enterprise IT strategies and continue to be key long-term drivers of SD-WAN, the near-term reduction in enterprise workers at the branch induced by COVID-19, and the resultant reduction in capex budgets at key verticals such as retail, has caused the market to pause growth in 2020," said Rajesh Ghai, research director for Carrier Network Infrastructure at IDC. "While IDC is not in the business of forecasting when the world will be free from the pandemic, the firm expects robust growth to resume post-COVID-19 in 2021."
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