Latin America SD-WAN Market Dynamics Trends, Segmentation, Key Players, Application And Forecast

Latin America SD-WAN Market Latin America SD-WAN Market

The Latin American software defined wide area network (SD-WAN) market is expected to reach $219.4 million by 2023, according to Intelligence.

Rising adoption of cloud-based applications and need for simplified enterprise network management are the major drivers of the market in the region.

Insights on market segments

Based on offering, the Latin American SD-WAN market is classified into solution and service. SD-WAN solution category accounted for more than 80% of the market revenue in 2017 and is expected to contribute a larger revenue share during the forecast period. This can be attributed to growing need for deploying reliable infrastructure to overcome shortcomings of internet network connection such as limited bandwidth availability and prioritization of data routing.

With growing network complexity and data congestion on network ends, intelligent pathway control mechanism offered by SD-WAN enables policy-based routing, where network path is assigned based on source, destination, and specific application. Therefore, the demand for intelligent pathway control offers immense opportunities for the Latin American SD-WAN market players, owing to its dynamic path selection capabilities, which allow IT administrators to set up performance threshold for various types of traffic such as latency sensitive traffic, interactive traffic, and others. This ensures that critical data and applications use the best path, based on latency, jitter, and loss over the available virtual private network (VPN) tunnel in the network.

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Market Segmentation by Offering

  • Solution
  • Service
  • WAN infrastructure
  • SD-WAN control and overlay
  • Communication Service Provider (CSP) SD-WAN managed service
  • Cloud-managed SD-WAN

Market Segmentation by Appliance

  • Virtual
  • Physical
  • Hybrid

Market Segmentation by Implementation Type

  • In-House
  • Outsourced

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Some of the key players operating in the Latin American SD-WAN market are Cisco Systems Inc., Citrix Systems Inc., Silver Peak Systems Inc., CloudGenix Inc., Ecessa Corporation, Riverbed Technology Inc., Mushroom Networks Incorporated, VMware Inc., Gluware Inc., Elfiq Networks, and Aryaka Networks Inc.

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