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Infonetics: Cisco Gobbles SourceFire, Gains Share in Network Security Market

Market research firm Infonetics Research released excerpts from its 4th quarter 2013 (4Q13) and year-end Network Security Appliances and Software report, which tracks integrated security appliances, secure routers, SSL VPN gateways, VPN and firewall software, and IDS/IPS products.

ANALYST NOTE

Cisco completed its acquisition of Sourcefire in the fourth quarter of 2013, and in the process posted its highest security revenue quarter ever, gaining three points of market share,” says Jeff Wilson, principal analyst for security at Infonetics Research.

Wilson continues: “The network security market nearly hit double-digit growth in 4Q13, and we expect growth to accelerate this year as service providers and enterprises increase security investment to improve security performance and keep up with a changing threat landscape.”

NETWORK SECURITY MARKET HIGHLIGHTS

  • The global network security appliance and software market grew 9.8% from 3Q13 to 4Q13, to $1.8 billion
  • For the full year 2013, network security revenue totaled $6.4 billion, a 2.6% increase over 2012
  • Integrated security products (integrated security appliances, secure routers, SSL VPN gateways, and VPN and firewall software) make up the majority of revenue
  • Looking at the top 3 vendors' quarter-over-quarter (4Q13 vs 3Q13) performance, Cisco increased overall revenue 20%; Check Point had a typically strong 4th quarter, and Juniper posted its second consecutive quarter of growth
  • Palo Alto Networks and Fortinet once again posted strong quarter-over-quarter and year-over-year growth in 4Q13, and are well positioned to continue gaining share
  • Infonetics forecasts the worldwide network security market to reach $7.3 billion in 2018, a 2013–2018 CAGR of 2.5%

SECURITY ANALYST CONFERENCE CALL FOR CLIENTS

Clients, log in to view on-demand Jeff Wilson’s quarterly network security market recap and outlook: https://www.infonetics.com/cgp/login.asp?id=897

SECURITY WEBINAR

View on-demand security analyst Jeff Wilson’s Using Big Data Analytics to Amplify Security Intelligence webinar, a primer for enterprises and service providers looking to use big data to detect, mitigate, and prevent malicious attacks:

http://w.on24.com/r.htm?e=752135&s=1&k=0982A14627EA5282D4986F686F78F03E

NETWORK SECURITY REPORT SYNOPSIS

Infonetics’ quarterly network security report provides worldwide and regional market size, vendor market share, forecasts through 2018, analysis, and trends for integrated security appliances, secure routers, SSL VPN gateways, VPN and firewall software, and IDS/IPS products. Vendors tracked: Alcatel-Lucent, Array Networks, CA, Check Point, Cisco, Citrix, D-Link, Extreme Networks, eSoft, F5, Fortinet, GTA, HP, Huawei, Intrusion, ISS, Juniper, McAfee, NetASQ, Palo Alto Networks, SonicWall, Sourcefire, Stonesoft, WatchGuard, ZyXel, and others. To buy the report, contact Infonetics: http://www.infonetics.com/contact.asp.

RELATED REPORT EXCERPTS

RECENT AND UPCOMING SECURITY RESEARCH

Download Infonetics’ 2014 market research brochure, publication calendar, events brochure, report highlights, tables of contents, and more at http://www.infonetics.com/login.

INFONETICS WEBINARS

Visit https://www.infonetics.com/infonetics-events to register for upcoming webinars, view recent webinars on demand, or learn about sponsoring a webinar.

  • Virtualizing Networks with SDN NVOs and Bare Metal Switches (Mar. 25: Attend)
  • The Increasing Threat of Compromised Web Servers and How to Mitigate It (Apr. 2: Attend)
  • Security at the Speed of VoLTE (Apr. 10: Attend)
  • Using Big Data Analytics to Amplify Security Intelligence (View on-demand)
  • Redefining Network Security Performance: The Speed You Really Need (View on-demand)
  • Data Center Firewalls: The New Performance Requirements (View on-demand)
  • DDoS Mitigation Strategies: What's Next (June 10: Sponsor)
  • Protecting Infrastructure Control Systems from Cyber Attacks (Aug. 14: Sponsor)

TO BUY REPORTS, CONTACT:

N. America (West), Asia Pacific: Larry Howard, [email protected], +1 408-583-3335

N. America (East, Midwest), L. America: Scott Coyne, [email protected], +1 408-583-3395

EMEA, India, Singapore: George Stojsavljevic, [email protected], +44 755-488-1623

Japan, South Korea, China, Taiwan: http://www.infonetics.com/contact.asp

ABOUT INFONETICS

Infonetics Research (www.infonetics.com) is an international market research and consulting firm serving the communications industry since 1990. A leader in defining and tracking emerging and established technologies in all world regions, Infonetics helps clients plan, strategize, and compete effectively. View Infonetics’ About Us slides at http://bit.ly/QUrbrV.

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