European SD-WAN Infrastructure Market Forecast, 2024-2028

Description

This IDC Market Forecast looks at the European market for SD-WAN infrastructure, segmenting data by region for 2024 to 2028. It also includes historical 2023 market data as well as overall market compound annual growth rates (CAGRs) for each historical and forecast year and region."SD-WAN continues to be one of the fastest growth markets in European enterprise networking," said Len Padilla, senior research director for IDC's European Networking and Life-Cycle Services. "While growth rates have come down from the extreme highs of 2022, and growth is forecast to dip in 2024, the market remains healthy and is the preferred choice for a growing number of European companies."

Product Code: EUR151652424

IDC Market Forecast Figure

Executive Summary

In a Challenging Market, SD-WAN Demand Remains Strong
Demand Is Driven by Hybrid Work and Network Complexity
Integration of Networking and Security Driving SD-WAN and SASE Adoption

Advice for Technology Suppliers

Focus on the SD-WAN Value Proposition
Networking and Security Convergence Continues
LAN and WAN Integration
Partner Strategies
Multicloud Networking
Telcos as a Channel

Market Forecast

Market Context

Drivers and Inhibitors
- Drivers
  - Hybrid Work
  - Multicloud Networking
  - Digitization Driving Network Refresh
- Inhibitors
  - Competition from OTT SD-WAN Network Service Providers
- Economic Uncertainty and Inflation
Significant Market Developments
- Networking and Security Convergence
- Enterprise Network Complexity
- Advanced Analytics and AI Ops
- Integrated Networking
- SD-WAN Platforms
Changes from Prior Forecast