SD-WAN Leaders in the 2024 Gartner Magic Quadrant: Shaping the Future of Networking

In the fast-evolving world of enterprise networking, Software-Defined Wide Area Networks (SD-WAN) have become a cornerstone for organizations seeking agility, security, and performance in their networks. The 2024 Gartner Magic Quadrant for SD-WAN identifies six key Leaders that are driving innovation and adoption in this space: Broadcom (VMware), Cisco, Fortinet, Hewlett Packard Enterprise (HPE), Palo Alto Networks, and Versa Networks.

Versa vs Silver Peak SD-WAN

According to updated reports of the Dell’Oro Group, there are five top SD–WAN vendors who are running toe-to-toe for supremacy in the SD–WAN market share. The year 2019 was seen as a breakout year for the adoption of SD–WAN when it surpassed a $1 billion market share. According to already mentioned reports, Cisco, Versa Network, VMware, Silver Peak and Fortinet are holding high ranking positions, as these top SD–WAN market leaders accounted for a 60% accumulated share in the generated revenue in 2019. But none of them surpassed a 20% share of the market, which shows a high potential for competition among the market giants for dominance. That is why these are still early days for penetration into the market.

Silver Peak vs Fortinet SD-WAN

Any ‘latest and  greatest’ digital product that is sold single handedly brings a revolution to the market. There are numerous such products in the field of information technology, which is rapidly evolving. But SD–WAN is the one that has brought about a surprising revolution in terms of its highest adoption rate by businesses of all sizes.