Fortinet Ranked in Top Three by Gartner for SD-WAN Equipment Market Share by Revenue
Fortinet News, October 1st, 2019
October 1, 2019,
Volume 259, Issue 1
'Cybersecurity has become a top-of-mind strategic business issue for enterprises deploying WAN edge solutions,' says John Maddison, EVP of products and CMO at Fortinet
Fortinet announced that it is among the top three vendors in worldwide market share for SD-WAN equipment by revenue in Gartner's Q2 2019 report titled, 'Market Share: Enterprise Network Equipment by Market Segment, Worldwide, 2Q19.' According to Gartner, total worldwide SD-WAN equipment revenue in 2Q19 was $417M, up 30% quarter-over-quarter. In 2Q19, Fortinet's SD-WAN revenue is reported to have grown 234% quarter-over-quarter to $46M. This represents the third highest revenue market share at 11.1%.
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