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
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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