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Infonetics Predicts Growth in Network Security Appliances and Software Market
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September 16, 2009

Infonetics Predicts Growth in Network Security Appliances and Software Market

By Susan J. Campbell, TMCnet Contributing Editor


Infonetics Research (News - Alert) has announced the release of its second quarter market share and forecast report for network security appliances, software market size and market share for the IT market.

 
“Last quarter we predicted small and medium business security spending would come back faster than enterprise spending, as it takes SMBs less time to get budgets in place, and this has borne out to be true,” explained Jeff Wilson, Infonetics Research’s principal analyst for network security, in a statement. “To highlight this point, SMB mainstay SonicWALL’s (News - Alert) network security revenue increased 10 percent this quarter.”

According to market highlights, the worldwide network security appliance and software market should reach $5.7 billion in 2013. Cisco (News - Alert) remains the revenue-leading vendor, claiming 35 percent of the total market. At the same time, Check Point gained two points of revenue share in the second quarter 2009 from the previous quarter to solidify its second-place slot in the global market.

“We also noted that networking companies with security offerings (like Cisco, whose security revenue was down 9 percent in 2Q09) will likely find security spending bounces back slower than it does for security-focused companies,” Wilson said in a statement. “This trend also is bearing out, as large network infrastructure rollouts are seeing more significant delays than security-specific purchases.”

In the market overall, Juniper fared well in the SSL VPN gateway segment. This segment of the market is expected to grow in double digits over the next year, providing even more opportunity for Juniper. Worldwide product revenue for intrusion detection and intrusion prevention systems grew 5.4 percent in the second quarter, while McAfee (News - Alert) moved to first place in this segment with a gain of eight points.

This quarterly report from Infonetics provides worldwide and regional market share, market size, forecasts through 2013. It also offers an analysis of integrated security appliances in six price categories, secure routers in three price categories, SSL VPN gateways, VPN and firewall software and in-line and traditional network-based intrusion detection and prevention (IDS/IPS) products.

Infonetics caught some attention this summer when it named Blue Coat Systems the leader in the WAN optimization market. The company has also released its microwave equipment report for the second quarter and announced the PON market is on a path for recovery.

Susan J. Campbell is a contributing editor for TMCnet and has also written for eastbiz.com. To read more of Susan’s articles, please visit her columnist page.

Edited by Marisa Torrieri


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