In spite of some economic headwinds and tech industry layoffs, the prognosis for network spending is still quite strong. Over half of organizations reported that they increased their spending on networking in the past twelve months, even if those gains were relatively slight.
Network spending will likely remain strong through 2025, with 85% of organizations planning to increase their spending or keep it the same again in the next year. While the bulk of those budgets are devoted to keeping the proverbial lights on, more than one third (37%) of networking spending is dedicated to new technologies and innovation.
One new technology gaining momentum is SD-WAN. Approximately two-thirds (64%) of respondent organizations report that they already have or will have SD-WAN in production within the next two years. Zero-trust network access, cloud-based security and services (SASE), and Wi-Fi 6 are also gaining.
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