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Security Collides With Multi-Million Dollar SD-WAN Market

April 11, 2019 / Ali Longwell

It shouldn’t come as a shock that the SD-WAN market is hot right now. It brought in $700 million in 2018 and is projected to hit $17 billion in 2025, according to Global Market Insights. IHS Markit recently found that during the fourth quarter of 2018, the SD-WAN market grew 26% from the previous quarter to reach $359 million. This number includes appliance, control, and management software. This large market opportunity is pulling in vendors and providers from across disciplines, including both cloud and service providers. But there’s one group that seems especially poised to take market share: network security vendors. In recent months, a number of network security vendors including Fortinet, Watchguard, and Barracuda have added some form of SD-WAN functionality to their hardware. This makes sense. As with most business segments in the modern era, enterprises are becoming increasingly concerned with the security of their SD-WAN networks. According to a recent Gartner surv...