Firewall Sales Surge 14 Percent to Nearly $3 B in 2Q 2022, According to Dell'Oro Group
Hardware Demand Outstripped Supply for Sixth Consecutive Quarter
REDWOOD CITY, Calif., Sept. 29, 2022 /PRNewswire/ -- According to a recently published report from Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, robust demand for firewall solutions drove the total firewall market to surge 14 percent year-over-year (Y/Y) and approach $3 B in quarterly revenue in 2Q22. Revenue would have been higher had hardware appliance vendors kept pace with demand. Demand outstripped supply for the sixth consecutive quarter.
"While cloud-delivered network security solutions, like security service edge (SSE), have taken a rightful position in the enterprise security architecture, we still see a relevant role for firewall appliances," said Mauricio Sanchez, Research Director, Network Security, and SASE & SD-WAN at Dell'Oro Group. "Firewalls are foundational to good enterprise network security hygiene, and we do not foresee any solution fully displacing them over the next five years," added Sanchez.
Additional highlights from the 2Q 2022 Network Security Quarterly Report:
The Dell'Oro Group Network Security Report includes manufacturers' revenue covering the ADC, Email Security, Firewall, SSE, SWG, and WAF product segments. In addition, starting in 2Q 2022, the report provides vendor share for the four primary security functions (CASB, FWaaS, SWG, and ZTNA) associated with SSEs. The report also splits many segments by form factor: physical appliance, virtual appliance, and SaaS. To purchase this report, please contact us at [email protected].
Dell'Oro Group is a market research firm that specializes in strategic competitive analysis in the telecommunications, enterprise networks, and data center infrastructure, and security markets. Our firm provides in-depth quantitative data and qualitative analysis to facilitate critical, fact-based business decisions. For more information, contact Dell'Oro Group at +1.650.622.9400 or visit https://www.delloro.com.
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SOURCE Dell'Oro Group
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