Extreme is the Fastest Growing Vendor in Omdia 2020 Cloud-Managed Networking Report

Moving at the speed of Cloud

14 September 2020

What’s the fastest path to the autonomous enterprise? Effortless networking. And who’s the fastest horse in the race to advance your business? Extreme Networks!

According to Omdia's 2020 Cloud Managed Networking Report, Extreme Networks is the fastest-growing vendor in Cloud-Managed Networking, with the largest increase in market share overall and increasing number of devices under management. Our company ranked second overall for revenue share in the industry, growing from 6% market share to 10% market share, and tied for second for devices managed, again taking 10% of market share. Extreme has a consistent record of increasing its market share year-over-year.

Extreme's strong growth follows its 2019 acquisition of Aerohive Networks, which was successfully integrated as of April 2020. Omdia also cites Extreme's flexible management model—companies can migrate from an on-premises installation to a public cloud subscription or even an off-premises private cloud, depending on needs—and plans to cloudify its broad switching portfolio as additional factors that influenced the company's success over the past year.

The user experience should feel effortless and cloud is key to making that happen. We are rapidly cloudifying our edge-to-core, wired and wireless solutions portfolio and with that, delivering unmatched deployment flexibility and unlimited data insights to help our customers transition toward cloud-driven networking—wherever they are in their digital transformation. Demand for our innovative solutions and our approach to walking alongside our customers through this journey is what is driving our growth.

Wes Durow, Chief Marketing Officer, Extreme Networks

About the report

Omdia is a global technology research group established following the merger of the research division of Informa Tech's research brands – Ovum, Heavy Reading, Tractica – and the acquired IHS Markit technology research portfolio.

According to the report, the global cloud-managed networking market grew by $2.6 billion in 2019, a 29% increase from 2018 and a significant increase over the traditional managed networking market, which grew by 3% in the same timeframe. The cloud- managed share of the total networking market is expected to triple by 2024, even with COVID-19.

Cloud-managed networking is clearly resonating with organizations as it addresses common pain points like deployment in distributed locations, upgrading and troubleshooting remote equipment, insights into users and applications across the entire network, and responding quickly to changing business needs.

Matthias Machowinski, Research Director, Enterprise Networks, Omdia