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Virtual Extensible LAN (VXLAN) Market Share

Report ID: GMI9803
Published Date: Jun 2024
Report Format: PDF

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Virtual Extensible LAN Market Share

VMware and Cisco Systems Inc. hold a high market share of over 10% in the virtual extensible LAN industry. VMware focuses on providing robust hybrid and multi-cloud solutions, leveraging VXLAN to ensure seamless network connectivity across on-premises and cloud environments. This approach caters to enterprises aiming for flexibility and agility in their cloud strategies.

Cisco continuously innovates its VXLAN offerings by incorporating advanced features like enhanced security, automation, and programmability. This ensures that Cisco’s solutions remain cutting-edge and attractive to enterprise customers. Also, the company invests in expanding its global infrastructure and services, ensuring that its VXLAN solutions are available and performant across different regions. This strategy helps Cisco cater to both multinational enterprises and local businesses.

Virtual Extensible LAN Market Companies

Major players operating in the virtual extensible LAN industry are:

Accenture plc
Arista Networks
Cisco Systems Inc.
Extreme Networks Inc.
Fortinet Inc.
Hewlett Packard Enterprise (HPE)
Huawei Technologies Co., Ltd.
Juniper Networks
Nokia Corporation
Palo Alto Networks, Inc.
VMware (Broadcom)

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

Global industry size for virtual extensible LAN was valued at USD 1.5 billion in 2023 and is anticipated to register over 15% CAGR between 2024 and 2032 owing to the increasing demand for multi-tenancy support and the emergence of 5G networks.

The IT & telecommunications segment in the virtual extensible LAN industry held 30% revenue share in 2023 driven by the crucial role in scaling data centers, meeting the growing need for flexible, high-performance networks.

North America virtual extensible LAN (VXLAN) market held 35% revenue share in 2023 owing to the region's robust technological infrastructure and early adoption of advanced networking solutions.

Accenture plc, Arista Networks, Cisco Systems Inc., Extreme Networks Inc., Fortinet Inc., Hewlett Packard Enterprise (HPE), Huawei Technologies Co., Ltd., Juniper Networks, Nokia Corporation, Palo Alto Networks, Inc., and VMware (Broadcom).