Campbell, CALIFORNIA, September 16, 2010—Market research firm Infonetics Research (http://twitter.com/infonetics) released its second quarter (2Q10) Network Security Appliances and Software market size, market share, and forecast report.
“As we expected, the network security appliance and software market mostly followed normal seasonal patterns in the second quarter, growing slightly over the first quarter. Cisco emerged from the component supply issues reported last quarter and noted that all security products are now shipping with standard lead times. Juniper and Check Point both saw growth across a wide variety of product types, customer segments, and geographies, with no one major contributor to strength in 2Q10. Looking back a year to the pit of the recession, this market is up 21% from 2Q09,” notes Jeff Wilson, principal analyst for security at Infonetics Research.
NETWORK SECURITY MARKET HIGHLIGHTS
- Worldwide network security appliance and software revenue increased 7% worldwide between 1Q10 and 2Q10, totaling $1.4 billion
- Infonetics Research projects the network security appliance and software market will grow to nearly $7 billion in 2014
- The top three vendors were up in 2Q10, with Juniper leading growth, increasing revenue 11.9% sequentially, followed by Check Point with a 9.0% increase and Cisco with an 8.3% bump
Infonetics’ quarterly Network Security Appliances and Software report provides worldwide and regional market share, market size, forecasts through 2014, and analysis of integrated security appliances by price, secure routers by price, SSL VPN gateways, VPN and firewall software, and in-line and traditional network-based intrusion detection and prevention (IDS/IPS) products. The report tracks Alcatel-Lucent, Array, Celestix, Check Point, Cisco, Citrix, CA, D-Link, Enterasys, F5, Fortinet, ISS, Juniper, McAfee, Nokia, Nortel, SonicWALL, Sourcefire, Symantec, TippingPoint, WatchGuard, ZyXEL, and others.
UPCOMING MARKET RESEARCH
See SECURITY on Infonetics’ portal (http://www.infonetics.com/login)for more information on these upcoming market share, market size, and market forecast reports:
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 more effectively.
Follow Infonetics on Twitter for the latest headlines: http://twitter.com/infonetics.
# # #