Fortinet Leads SD-WAN market with over 300% Year-Over-Year growth and maintains top 3 position in SD-WAN market
Fortinet® (NASDAQ: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, today announced new innovations and continued market share momentum for its Secure SD-WAN solution. The flexibility and scalability of Fortinet Secure SD-WAN has helped customers of all sizes deploy at home offices, in branch offices and between distributed clouds while providing the best possible user experience and security.
John Maddison – Executive Vice President Products & Chief Marketing Officer at Fortinet
“SD-WAN is not just for the branch, it’s an important technology for the entire end-to-end enterprise,” says John Madisson, Executive Vice President – Products, & CMO at Fortinet. “With applications for work from home, campus to cloud, data center to cloud, and the ability to connect clouds together, Fortinet Secure SD-WAN is a hugely impactful technology that improves user experience and drives cost efficiency and time savings for organizations. Fortinet is one of the fastest growing SD-WAN providers and the only major player in this market with an internally developed offering that provides security and networking in a single solution.”
Fortinet delivers Secure SD-WAN as an integrated feature of its industry-leading FortiGate next-generation firewall, powered by the industry’s first SD-WAN ASIC to enable better application experience, higher performance, and better cost efficiency. To help implement network changes that ensure business continuity for an expanding remote workforce with minimum IT staff and infrastructure resources, FortiGate’s broad product portfolio with built-in SD-WAN offers flexible business policies from a centralized Fabric Management Center console. These intuitive policies allow faster configuration rollouts at scale within minutes to enable the best performance for collaboration applications such as voice/video conferencing and SaaS applications.
Fortinet’s Secure SD-WAN product portfolio is not limited to just enterprise use cases and comes in a wide range of appliances, ranging from solutions that cater to large data centers, down to appliances designed for branch offices, remote sites, and even small home offices. Fortinet Secure SD-WAN’s ability to scale from home office to branch to distributed cloud has helped the solution further standout.
- Home Office: Offered as a desktop appliance with built-in LTE, FortiGate 40F supports “super users” at home who require their applications to work without fail for business critical activities such as customer video demonstrations. With the minimal footprint of Fortinet’s desktop appliance, remote workers can procure and install a solution at their home offices to handle routing, security, and wireless needs in a single, integrated platform. The critical advantage of extending SD-WAN functionality to individual teleworkers, especially super users, is that they can enjoy on-demand remote access as well as dynamically scalable performance regardless of their local network availability. And when others in the organization rely on these individuals to do their jobs quickly and efficiently, SD-WAN functionality can make all the difference.
- Branch: Fortinet Secure SD-WAN is perhaps the most well-known for supporting complex branch deployments with advanced routing and cloud on-ramp capabilities, which has helped thousands of customers to reduce their use of point products such as legacy routers, while improving business application experience.
- Distributed Cloud: For organizations with applications in distributed clouds, Fortinet Secure SD-WAN offers the most comprehensive technology building blocks for interconnecting clouds for better user experience. Fortinet Secure SD-WAN is available in every cloud provider and enables the industry’s highest IPsec throughput at 20Gbps to interconnect clouds. With native application steering and cloud integration framework, as well as fully programmable API, Fortinet Secure SD-WAN helps customers to connect hundreds of cloud environments.
Fortinet is one of the fastest growing SD-WAN vendors and is positioned among the highest three vendors in worldwide market share for SD-WAN equipment by revenue.
As noted in Gartner’s March 2020 SD-WAN market share report titled, “Market Share: Enterprise Network Equipment by Market Segment, Worldwide, 4Q19,” Fortinet has the third highest revenue market share at 10.4% for the Enterprise WAN Edge Equipment worldwide for 4Q19.
Fortinet also appears amongst the top three SD-WAN vendors in a recent Omdia report (“Omdia Market Share : Data Center Network Equipment Q4 2019 ”). This report shows Fortinet as the fastest growing vendor among all other SD-WAN vendors. The same report notes 305% year-over-year growth in Fortinet’s SD-WAN revenue.
Fortinet is the only major player in this market with an internally developed offering that provides security and networking in a single solution. Fortinet announced new capabilities for Secure SD-WAN as part of FortiOS 6.4, including enhanced analytics, a new SD-WAN orchestrator and more segmentation options.
