Managed Intelligent Wan Services Market

Managed Intelligent Wan Services Market-Rise In The Number Of Organizations With
Branch Offices Require Managed Intelligent WAN for Fast, Secure, And Reliable
Connectivity
Managed intelligent WAN services provide software defined networking to a wide
area network (WAN). This helps appliances make intelligent routing assessments on
whether a request gets transmitted across an Internet connection or a multiprotocol
label switching (MPLS) network while selecting a link that is grounded on its
accessibility or the value of service that is required by the applications. Intelligent
WAN is at the juncture of a number of discrete technologies that include, WAN
optimization, perimeter security, branch/edge routers, and the capability to monitor
and manage WAN connectivity. This technical conjunction is being used to improve
the inventive network software related to Software Defined Networks (SDN).
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Handling a large number of branch processes over a WAN is both expensive and
challenging. Organizations with multiple branch offices need fast, reliable, and secure
connectivity to the WAN and enterprise data center. The new intelligent WAN
services and products are mainly driven by technologies. Customer necessities for
intelligent WAN functionality, along with software-based networking possibilities and
cloud-based delivery models, are anticipated to transform the WAN market. This is
one of the main reasons projected to drive the demand for managed intelligent WAN
services during the forecast period. However, number of employees in geographically
distributed sites requiring access to VPNs and data, anytime and anywhere, has been
on the rise in enterprises. IT organizations have to support an extensive range of
devices that includes, tablets, PCs, and smartphones. In addition, managed intelligent
WAN service providers sometimes are not able to troubleshoot customer application
performance concerns cost-effectively and efficiently, taking longer time to identify
and fix outages. This results in poor customer satisfaction. As such, these factors are
projected to hamper the managed intelligent WAN services market during the forecast
period.
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The global managed intelligent WAN services market can be segmented based on
deployment, application, enterprise size, end-user, and geography. Based on
deployment, the market can be classified into on-premise, cloud, and hybrid. The
cloud segment can be categorized into public and private. On the basis of
application, the managed intelligent WAN services market can be divided into file
sharing, email, web apps, software distribution, data replication, backup apps, and
others. In terms of enterprise size, the market can be categorized into small and
medium enterprises and large enterprises. Based on end-user, the managed intelligent
WAN services market can be divided into banking financial services and insurance,
health care, retail, government, transportation & logistics, hospitality, and others.
Based on geography, the global managed intelligent WAN services market can be
classified into North America, South America, Asia Pacific, Europe, and Middle East
& Africa. The managed intelligent WAN services market in North America is expected
to grow rapidly during the forecast period due to technological advancement and
increasing usage of managed intelligent WAN services across industry verticals in the
region. Asia Pacific is expected to be a lucrative market for managed intelligent WAN
services during the forecast period. This is mainly due to the increasing number of
small enterprises in the region. Moreover, rise in the number of organizations with
branch offices require managed intelligent WAN for fast, secure, and reliable
connectivity, which is anticipated to drive the demand for managed intelligent WAN
services market in the near future.