Latin America Software-Defined Wide Area Network(SD-WAN) Domain Displaying Tremendous Growth Potential
Between 2017 and 2023, the Latin American (LATAM) software-defined wide area network (SD-WAN) domain is predicted to grow almost 10 times! Enterprises in the region are adopting cloud-based applications to efficiently store and share information among distant offices and data centers. As SD-WAN provides them with a reliable, higher-bandwidth, and cost-effective solution, it is being widely deployed in LATAM. SD-WAN solutions help manage and automate WAN edge router configurations centrally, thereby reducing the operational cost.
Moreover, SD-WAN increases dependency on cheap broadband, rather than expensive private MPLS links. Further, with increasing data usage, enterprises are facing growing cyber threats. So, to strengthen the security of their network, companies in LATAM are switching to SD-WAN from traditional WAN. Additionally, SD-WAN lessens the network complexity by easing the establishment and management of branch offices. Owing to these benefits, SD-WAN is being rapidly deployed by regional firms, resulting in the domain growth.
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