Gartner® Names Juniper Networks a Leader in 2024 Magic Quadrant™ for Enterprise Wired and Wireless LAN Infrastructure for Fourth Time in a Row

Rhea-AI Summary

Juniper Networks (JNPR) has been named a Leader in the 2024 Gartner Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure for the fourth consecutive time. Juniper is positioned furthest in 'Completeness of Vision' and highest for 'Ability to Execute.' The company's AI-Native Networking solutions have gained significant customer traction and industry recognition. Juniper also achieved record revenue growth in 2023, outpacing the market with wired and wireless access products. The company's automation capabilities have led to faster deployments, reduced troubleshooting tickets, and quick problem resolution.

Insights

Market Research Analyst

A critical analysis of Juniper Networks' positioning in Gartner's Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure reveals strategic implications for the company and its stakeholders. The consistent recognition as a leader indicates a robust product portfolio and a strong market presence. This accolade could potentially influence customer trust and purchasing decisions, which in turn may affect the company's market share and competitive standing.

Furthermore, the mention of Juniper's revenue growth, particularly in the AI-Native enterprise solutions sector, is indicative of the company's successful execution of its business strategy. The significant outperformance of market growth rates, as well as the reported customer base expansion across various industry verticals, suggests a solidifying foothold within the industry. These factors are likely to be of interest to investors as they reflect both the company's current financial health and its potential for future growth.

Financial Analyst

From a financial perspective, Juniper Networks' announcement of record revenue results for 2023 and its status as the fastest-growing vendor on a full calendar year basis from 2022 to 2023 are key highlights. The nearly 70% year-over-year revenue growth in wired and wireless access products attached to the Mist cloud is a testament to the company's scalability and innovation.

Investors should note that sustained revenue growth, particularly in a contracting industry, as reported for Q4, represents a competitive advantage and may lead to upward revisions in future earnings projections. This performance is also likely to influence the company's stock market valuation positively, reflecting investor confidence in Juniper's strategic direction and execution capabilities.

Technology Industry Analyst

Analyzing Juniper Networks' technological advancements, the emphasis on AI-Native Networking Platform and full-stack automation suggests a strategic pivot towards AI-driven solutions. The ability to reduce manual tasks and proactively address networking issues is a significant value proposition that resonates with the current industry trend towards automation and intelligent systems.

The integration of indoor location services, which provide additional value-added features, further differentiates Juniper's offerings from competitors. This dual recognition in both Enterprise Wired and Wireless LAN Infrastructure and Indoor Location Services by Gartner underscores the company's innovative edge and reinforces its market leadership position. Such technological leadership is critical for sustaining long-term growth in a rapidly evolving industry.

Juniper Networks is Positioned Furthest in Completeness of Vision and Highest for Ability to Execute

Juniper’s full-stack portfolio of AI-native wired, wireless, location, security and SD-WAN solutions continues to gain momentum with exceptional customer traction and prestigious industry recognition.

SUNNYVALE, Calif.--(BUSINESS WIRE)-- Juniper Networks (NYSE: JNPR), a leader in secure AI-Native Networking, today announced that Gartner, Inc. has named it a Leader in the 2024 Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure for the fourth time in a row. In the latest iteration of this Magic Quadrant, for the third time straight, Juniper is also positioned furthest in “Completeness of Vision,” a Gartner rating criterion that reflects innovation, and evaluates vendors on their ability to communicate that they understand client business issues in their target markets and have the products, services, vision and strategies to address these issues. In addition, Juniper was once again positioned highest for “Ability to Execute,” a Gartner rating criterion that evaluates vendors on their product/service, market responsiveness and customer experience.

As Gartner explains, “Magic Quadrants offer visual snapshots, in-depth analyses and actionable advice that provide insight into a market’s direction, maturity and participants. Assessing the market and its technology and service providers is a business-critical task. Vendor differentiation based on variations in operations, customer satisfaction, level of complexity and strategy can make comparisons of vendor offerings challenging. In addition, the market’s overall direction is often evolving. Gartner’s Magic Quadrants solve these problems by offering snapshots of markets and their participants, and help you map vendor strengths and cautions against your current and future needs.”

“We believe this latest recognition as a Leader by Gartner reinforces the value our products deliver for our customers,” said Sudheer Matta, Group Vice President, Products for the AI-Native Enterprise, Juniper Networks. “By delivering full-stack automation, insight and self-driving actions, Mist AI continues to stand out from the rest of the industry for fast deployments, the fewest tickets and quickest problem resolution. The momentum we are seeing is a true testament to our vision to design the industry’s first AI-Native Networking Platform from the ground up to provide reliable and consistent Wi-Fi experiences. By using automation to reduce or eliminate time-consuming manual tasks, and implementing automated workflows to proactively fix issues before they impact users, we consistently deliver proven value, saving substantial time and money for our customers and partners worldwide.”

In addition, Juniper recently announced record 2023 revenue results, marking the third consecutive year of business growth on a year-over-year basis. Juniper’s AI-Native enterprise solutions significantly outpaced the market, with revenue from wired and wireless access products attached to the Mist cloud growing nearly 70% on a full-year basis.

And as reported by the 650 Group Wireless LAN Infrastructure Quarterly Market & Long-Term Forecast Report 4Q23, published on March 1, 2024, while most of the industry contracted in Q4, Juniper continued its strong growth both Q/Q and Y/Y. In addition, Juniper was the fastest growing vendor on a full calendar year basis from 2022 to 2023.

Juniper solutions are deployed and helping drive better connections in 4 of the Fortune 10, 3 of the top-3 retailers, 2 of the top-5 Fintech companies, top Global universities, and the #1 healthcare provider in the United States. And Juniper’s public customer wins continue to expand across all verticals, with a host of new public success stories, including:

James Cook University Singapore

Seacoast Bank

City of Parkland Florida

ServiceNow

Juniper’s recognition in the Magic Quadrant for latest Enterprise Wired and Wireless LAN Infrastructure report is in addition to Gartner also recently naming Juniper Networks a Leader in the 2024 Gartner Magic Quadrant for Indoor Location Services for the third year in a row.

As the only vendor named a Leader in both the Wired and Wireless LAN Infrastructure and Indoor Location Services Magic Quadrant reports, Juniper believes its solutions are uniquely positioned to deliver exceptional experiences for both operators and end users. Automation in Juniper’s wired and wireless solutions not only helps accelerate deployments and eliminate up to 90% of networking-related trouble tickets, but our indoor location services offer customers and partners a scalable and cost-effective way to personalize wireless experiences with value-added features like wayfinding, asset location, and contextual notifications.

Additional Resources

• 2024 Gartner Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure: View Report
• Blog: Juniper’s Fourth Time in a Row: A Leader in the 2024 Gartner® Magic Quadrant™ for Enterprise Wired and Wireless LAN Infrastructure
• 2024 Gartner Magic Quadrant for Indoor Location Services: View Report
• Blog: Three Years in a Row: Juniper Networks® Once Again Named a Leader in the 2024 Gartner® Magic Quadrant™ for Indoor Location Services
• Juniper industry recognition: Learn more

Gartner Disclaimer

Gartner, Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure, Tim Zimmerman, Christian Canales, Nauman Raja, Mike Leibovitz 6 March 2024.

Gartner Magic Quadrant for Indoor Location Services, Global, Tim Zimmerman, Annette Zimmermann, et al., 28 February 2024.

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. Juniper Networks is recognized as Juniper in the 2024, 2022, and 2021 Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure reports.

About Juniper Networks

Juniper Networks believes that connectivity is not the same as experiencing a great connection. Juniper's AI-Native Networking Platform is built from the ground up to leverage AI to deliver the best and most secure user experiences from the edge to the data center and cloud. Additional information can be found at Juniper Networks (www.juniper.net) or connect with Juniper on X (Twitter) LinkedIn and Facebook.

Juniper Networks, the Juniper Networks logo, Juniper, Junos, and other trademarks listed here are registered trademarks of Juniper Networks, Inc. and/or its affiliates in the United States and other countries. Other names may be trademarks of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240311703596/en/

Penny Still

Juniper Networks

+44 (0) 1372 385 692

pstill@juniper.net

Source: Juniper Networks

FAQ

What position did Juniper Networks (JNPR) achieve in the 2024 Gartner Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure?

Juniper Networks (JNPR) was named a Leader in the 2024 Gartner Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure.

How many times has Juniper Networks (JNPR) been positioned furthest in 'Completeness of Vision' in the Magic Quadrant?

Juniper Networks (JNPR) has been positioned furthest in 'Completeness of Vision' for the third time in a row.

What was Juniper Networks' (JNPR) revenue growth in 2023?

Juniper Networks (JNPR) achieved record revenue growth in 2023, marking the third consecutive year of business growth on a year-over-year basis.

How did Juniper Networks (JNPR) perform in the Wireless LAN Infrastructure Quarterly Market & Long-Term Forecast Report 4Q23?

Juniper Networks (JNPR) continued its strong growth both Q/Q and Y/Y in the Wireless LAN Infrastructure Quarterly Market & Long-Term Forecast Report 4Q23.

Which companies are using Juniper Networks' (JNPR) solutions?

Juniper Networks' (JNPR) solutions are deployed in 4 of the Fortune 10, 3 of the top-3 retailers, 2 of the top-5 Fintech companies, top Global universities, and the #1 healthcare provider in the United States.