While the SD-WAN market took a slight dip this year due to Covid-19, expect it to ramp up over the next five years, according to research by Dell’Oro Group.
The worlwide sales of SD-WAN technologies were forecast to grow at a CAGR of 24% over the next five years, according to Dell’Oro Group. The SD-WAN market is expected to surpass $4 billion by 2025.
“The SD-WAN market growth rate is lower in 2020 compared to 2019, but the market is still expected to expand 25% to 30%,” said Dell’Oro Group Vice President Shin Umeda, in an email to FierceTelecom. “We are forecasting the growth to accelerate in 2021 and 2022.