16 Jun 2024 U.S. SD-WAN Technology LEADERBOARD
Cisco rises to #1 rank on the U.S. SD-WAN Technology LEADERBOARD; Challenge Tier added for SD-WAN Technology Suppliers
BOSTON, MA, JUNE 17, 2025 – Vertical Systems Group announces that five companies qualify for a rank on the 2024 U.S. SD-WAN Technology LEADERBOARD as follows (in rank order based on site share): Cisco, Broadcom, Fortinet, HPE Aruba Networking, and Versa Networks. This benchmark quantifies U.S. market presence across the technology suppliers empowering Carrier Managed SD-WAN solutions.
Each of these Technology Suppliers has 5% or more of the total number of U.S. Carrier Managed SD-WAN customer sites installed and billable as of December 31, 2024. For this analysis a site is counted once per supplier, regardless of the amount of SD-WAN equipment installed at the customer location.

Based on SD-WAN market expansion, a Challenge Tier has been added for the first time to track Technology Suppliers with between one percent (1%) and five percent (5%) share of U.S. Carrier Managed SD-WAN sites. Challenge Tier citations for 2024 have been attained by three Technology Suppliers as follows (in alphabetical order): Ericsson Enterprise Wireless Solutions (Cradlepoint), Nuage Networks from Nokia and Palo Alto Networks.
“Companies ranked on the 2024 U.S. SD-WAN Technology LEADERBOARD are powering hundreds of thousands of Carrier Managed SD-WAN customer installations across the U.S. These top technology suppliers are delivering solutions that focus on innovative security features, advanced network optimization, application management and AI driven capabilities.”
SD-WAN Technology Research Highlights
- SD-WAN Technology companies supply solutions to the service providers ranked on Vertical Systems Group’s 2024 U.S. Carrier Managed SD-WAN LEADERBOARD, plus those cited in the Challenge and Market Player tiers.
- Solutions currently offered by the 2024 U.S. SD-WAN Technology LEADERBOARD suppliers are as follows: Cisco offers Meraki plus Catalyst SD-WAN (legacy Viptela), Broadcom offers VeloCloud SD-WAN, Fortinet offers Secure SD-WAN, HPE Aruba offers EdgeConnect SD-WAN (legacy Silver Peak), and the Versa Networks solution is Versa Secure SD-WAN.
- The top Managed SD-WAN providers are offering products from three or more Technology Suppliers to meet the extensive range of requirements and evolving needs of their customers.
- Ease of SSE and/or SASE integration with SD-WAN services is a major challenge for technology suppliers, service providers and customers.
- The uncertainty of Broadcom’s VeloCloud offering is compelling some Managed SD-WAN service providers to shift their customers to other solutions.
- MEF 3.0 SD-WAN Technology Certification has been attained by four of the five companies on the U.S. SD-WAN Technology LEADERBOARD as follows: Cisco (Catalyst 8300 & vManage/vSmart/vBond), Broadcom (VeloCloud Edge 610/510), Fortinet (Fortigate 100F) and Versa Networks (CSG750).
Market Players in this U.S. SD-WAN Technology segment include all other companies with site share below one percent (1%) of total U.S. Carrier Managed SD-WAN customer sites. For 2024, the Market Player tier includes the following companies (in alphabetical order): Adaptiv Networks, Arista, Aryaka, Barracuda, Extreme Networks, FatPipe, Forcepoint, Huawei, Juniper Networks, Lavelle Networks, Mushroom Networks, Netscaler, Oracle, Peplink, Riverbed, Sophos, Teldat, and others.
Vertical Systems Group’s Definition: Carrier Managed SD-WAN Service
Vertical Systems Group defines a Carrier Managed SD-WAN Service for segment analysis and share calculations as a carrier-grade offering for business customers that is managed by a network operator. Required components and functionality for these offerings include an SDN service architecture that provides dynamic optimization of traffic flows, a purpose-built SD-WAN appliance or CPE-hosted SD-WAN VNF at each customer edge site, support for multiple active underlay connectivity services, automated failover fast enough to maintain active sessions, and centralized network orchestration with traffic and application visibility end-to-end. Security is the most essential additional managed SD-WAN service capability that may be provided or integrated based on specific customer requirements.
Detailed results of Vertical Systems Group’s @SD-WAN research are available now exclusively by subscription to an ENS Research Program. Research data includes the market share detail that powers the U.S. SD-WAN Technology LEADERBOARD plus the U.S. and Global Provider Carrier Managed SD-WAN LEADERBOARDs. ENS SD-WAN services research quantifies the U.S. Carrier Managed SD-WAN services market to 2029 based on revenue, customers, sites and WAN Access connections plus service attributes, customer purchase drivers, growth challenges and comparison to other VPN technologies – and more. Contact Us for more information and pricing.