|By Business Wire||
|March 20, 2014 07:00 PM EDT||
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.
“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
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:
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
- Infonetics’ March Security research brief: http://bit.ly/1fFSoa5
- Cloud-based DDoS mitigation services growing fast
- Standalone content security market contracts while SaaS market spikes (up 23% YoY)
- Mobile device security taking front stage as businesses try to get tighter grip on mobile gear
- Hybrid cloud is next big thing in the data center - enterprise cloud adoption survey
- Cloud and data center operators investing heavily in security, rate top vendors
- Mobile security gateway market closes 2013 up 70%
RECENT AND UPCOMING SECURITY RESEARCH
- Analyst Note: 2014 Security Trends: How Can We Top 2013? (Jan.)
- Data Center Security Strategies & Vendor Leadership: N.A. Enterprise Survey (Mar.)
- Mobile Device Security Client Software Market Size & Forecasts (Apr.)
- Data Center Security Products Market Share & Forecasts (May)
- Mobile Infrastructure Security Market Share & Forecasts (June)
- 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
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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