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Infonetics Research: Network Security Market Set for Stronger Growth in 2012
[March 08, 2012]

Infonetics Research: Network Security Market Set for Stronger Growth in 2012


CAMPBELL, Calif. --(Business Wire)--

Market research firm Infonetics Research today released market data from its recently published fourth quarter (4Q11) Network Security Appliances and Software vendor market share and forecast report.

ANALYST NOTE

"Spending on network security appliances and software grew 3% in 2011 and we expect an 8% increase in 2012, as economies attempt to recover (despite some hiccups) and more security threats emerge every day. The consumerization of smartphones and the proliferation of smartphones, iPads, netbooks, and other mobile devices connected 24/7 to the Internet are driving companies to reassess how critical infrastructure in HQ, branch offices, remote offices, and data centers is protected from malware," explains Jeff Wilson, principal analyst for security at Infonetics Research.

NETWORK SECURITY MARKET HIGHLIGHTS

  • The global network security appliance and software market grew 8% in 4Q11 to $1.58 billion, on the heels of a nice bump up in 3Q11, making for a strong second half of the year for network security
    • Infonetics' (News - Alert) network security revenue forecast hit within 1% of actual fourth quarter results
  • Market leader Cisco increased its network security appliance and software revenue 11% in 4Q11, easily maintaining its #1 position with close to 1/3 of global revenue
  • Check Point's network security appliance and software revenue jumped 19% in 4Q11, placing them ahead of Juniper, who finished 2011 in 3rd overall
  • Infonetics has increased slightly its long-term network security revenue forecast, expecting the global market to grow to $6.7 billion by 2016

REPORT SYNOPSIS

Infonetics' quarterly Network Security Appliances and Software report provides worldwide and regional market share, market size, forecasts, 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. Vendors tracked: Alcatel-Lucent, Array, Check Point, Cisco, Citrix, CA, D-Link, Enterasys, F5, Fortinet, Juniper, McAfee, Netgear (News - Alert), Palo Alto Networks, SonicWALL, Sourcefire, Symantec, TippingPoint, WatchGuard, ZyXEL, and others.

FOR MORE INFO OR TO BUY THIS REPORT

Download report highlights, prospectuses, tables of contents, etc. at http://www.infonetics.com/login (see SECURITY, 2012), or contact Sales:

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UPCOMING SECURITY MARKET SHARE & FORECAST REPORTS

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UPCOMING LEADERSHIP SCORECARDS

Infonetics Research (News - Alert) 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.

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