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The Latin American managed software-defined wide area network (SD-WAN) services market is in the nascent phase of the product life cycle. SD-WAN is attracting the attention of enterprises eager to leverage the business benefits the technology offers; for example, faster deployment of branch sites, cost savings from using private and public networks, optimized cloud connectivity, and application-aware routing. Market revenues for 2020 reached $142.4 million, and 110,850 SD-WAN sites are operational today.

SD-WAN´s application-aware routing capability positions companies to intelligently route their traffic over the best network solution available at any time, in accordance with internal policies. This means that enterprises do not have to depend solely on multiprotocol label switching (MPLS) links for multi-site connectivity, but instead can benefit from both private and public networks though hybrid networking. Private networks provide greater security and reliability while internet connectivity provides cost-effective, extensive reach. The ability to ensure optimal application performance regardless of the underlying transport and to control branch-site routing policies remotely is especially attractive to industry verticals like retail, manufacturing, financial services, healthcare, and other verticals with widespread branch locations.

SD-WAN gives enterprises immense control over their WANs by enabling them to make changes to the network based on centrally defined application policies. The SD-WAN appliances are plug-and-play devices with zero-touch provisioning that auto configure once connected to the network, thus dramatically reducing installation times.