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Networking vendors have a lot on their plate. They need to innovate in areas like automation, AIOps, Zero Trust Network Access (ZTNA), secure access service edge (SASE), visibility, and multi-cloud management.

They must respond to customer preferences for subscription models and network as-a-service (NaaS) offerings. In a exact survey, IDC reported that 61% of organizations worldwide were interested in shifting to consumption-based models for IT investments rather than capital intensive purchases.

At the same time, chip shortages and supply chain issues are proving challenging. As enterprises rebound from the pandemic and set their sights on data-center modernization and digital transformation, orders are soaring. Unfortunately, networking vendors are having trouble filling those orders and backlogs are reaching historic levels.

The leading companies are the ones best able to maneuver around supply chain problems, tackle ballooning order backlogs, generate new revenue and continue to innovate.  

Here is our list of the 10 most powerful networking vendors; not evaluated by size, but by their impact on the market and their forward momentum. In other words, there is some subjectivity associated with this list.

1. Cisco: Continues to lead the way

Why they’re here: Cisco has staked out a leadership position in a broad range of networking and security areas. Cisco’s ethernet switch revenues rose 3.8% in the first quarter of 2022, giving it a commanding 45.4% market share, according to IDC. Meanwhile, Cisco’s combined service provider and enterprise router revenue rose 12% for the full year to stand at 34.6%. The Dell’Oro Group crowned Cisco as the leader in SASE in 2021, with 19% market share. And Gartner cited Cisco as a leader in wired and wireless infrastructure, noting that Cisco is investing heavily in both on-prem and cloud-based management powered by AI/ML.