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News

Network Security Market Research Report

Infonetics Research : 31 August, 2012  (New Product)
Infonetics report examines network security appliances, software and hosted service providers in market research report
Network Security Market Research Report

Market research firm Infonetics Research has released vendor market share standings, trends and analysis from 2nd quarter (2Q12) security reports: Network Security Appliances and Software and Content Security Gateway Appliances, Software, and SaaS.

"Customers are starting to buy and deploy integrated security solutions, including firewalls with mail and gateway antivirus, IPS, DLP, mobile device security, and application control-instead of standalone solutions-which is driving up the overall network security market but weighing down on sales of standalone content security gateways," says Jeff Wilson, principal analyst for security at Infonetics Research. "Security-as-a-service (SaaS) and hosted security services are outgrowing product markets, and until recently, standalone content security product sales were outgrowing integrated appliance sales."

Wilson adds: "SaaS is a real bright spot. Revenue for SaaS content security gateways is up more than 50% year-over-year and is forecast by Infonetics to grow at a 23% compound annual growth rate (CAGR) from 2011 to 2016. Any serious player in the content security market who doesn't currently have a SaaS offering is missing out on the fastest growing segment."

NETWORK SECURITY MARKET HIGHLIGHTS

* Worldwide network security appliance and software revenue grew 4.4% between 1Q12 and 2Q12, to $1.5 billion
* Network security spending is up in all major world regions, with year-over-year growth ranging from 6% to 15%
* From the year-ago 2nd quarter, market leaders Cisco and Check Point each posted 13% increases in quarterly network security revenue, and #3 player Juniper is up 1%

NETWORK SECURITY REPORT SYNOPSIS

Infonetics' quarterly Network Security Appliances and Software report provides worldwide and regional market size, vendor market share, forecasts, and analysis for integrated security appliances, secure routers, SSL VPN gateways, VPN and firewall software, and network-based intrusion detection and prevention (IDS/IPS) products. Vendors tracked include AEP, Alcatel-Lucent, Array Networks, Avaya, CA, Celestix, Check Point, Cisco, Citrix, D-Link, Enterasys, eSoft, F5, Fortinet, GTA, HP, Intrusion, ISS, Juniper, McAfee, NetASQ, Palo Alto Networks, SonicWALL, Sourcefire, Stonesoft, Symantec, Top Layer, WatchGuard, ZyXEL, and others.

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