CIO Influence
CIO Influence News Cloud Security

Mobile-and Cloud-First Enterprise to Fuel $58 B Distributed Cloud Networking Market, According to Dell’Oro Group

Mobile- and Cloud-First Enterprise to Fuel $58 B Distributed Cloud Networking Market, According to Dell'Oro Group

Dell’Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, announced the launch of its new Distributed Cloud Networking Advanced Research Report (ARR). This report details the robust appetite for a new generation of software- and services-centric secure Distributed Cloud Networking solutions to service the modern distributed enterprise. It is projected to fuel $58 B in enterprise spending between 2023 and 2027.

Recommended CIO Blog: The State of Upskilling: Tackling the IT Skills Gap

“The traditional network box mentality just no longer works in today’s enterprise where the Internet is an extension of the corporate LAN and public clouds are the new data centers,” said Mauricio Sanchez, Sr. Director, Enterprise Security and Networking Research at Dell’Oro Group. “Whether it’s multi-cloud networking across private and public clouds, instantaneously scalable WAN-as-a-service middle mile, or the work-from-anywhere workforce, we see the future squarely in advanced networking software and cloud-delivered network services, which we call Distributed Cloud Networking. Software is finally coming to take a big bite out of enterprise networking spend,” added Sanchez.

Recommended CIO Influence News: Liquidware Launches Liquidware Ready Program

Additional highlights from the brand-new Distributed Cloud Networking Advanced Research Report:

  • The distributed cloud networking market consists of three converging markets, unified SASE for the user edge, WAN-as-a-Service (WANaaS) for the WAN middle mile, and multi-cloud networking for the cloud/application edge, where cumulative spend between 2023 and 2027 is projected to be $58 B.
  • The multi-cloud networking market is projected to rise aggressively to nearly $5 B in 2027.
  • The WANaaS market is anticipated to exceed $11 B by 2027.
  • The unified SASE market is forecast to rise to nearly $3 B in 2027.

Top Insights for CIOs: How to Choose a Third-Party Vendor?

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Sophos Discovers New Memento Ransomware

CIO Influence News Desk

NetWitness Launches 12.3 Update, Delivering Visibility Across the Entire Enterprise

Business Wire

Businesses Unprepared to Defend Against Ransomware Attacks, Arcserve Global Study Confirms Significant Data Security Gaps and Rising Cost