SOURCE: Check Point Software Technologies Ltd.

Check Point Software Technologies Ltd.

October 14, 2014 09:30 ET

Gartner Ranks Check Point the Worldwide Market Share Leader in the Firewall Equipment Market, Based on Revenue for Q2 2014

Check Point, Firewall Pioneer and Market Share Leader, Celebrates the 20th Anniversary of the Firewall

SAN CARLOS, CA--(Marketwired - Oct 14, 2014) - Check Point® Software Technologies Ltd. (NASDAQ: CHKP), the worldwide leader in securing the Internet, today announced that the company leads with the top position in worldwide market share for Firewall Equipment in Q2 2014, according to research published by Gartner.1 Check Point led with 22% of the Firewall Equipment market, a 6.2% and 11.2% lead over the two nearest competitors.

"As we mark the 20th anniversary of the firewall, Check Point is thrilled to be recognized for its market leadership in the recent Gartner Market Share: Enterprise Network Equipment by Market Segment, Worldwide, 2Q14 market share research," said Marie Hattar, chief marketing officer at Check Point Software Technologies. "Check Point released the first commercial firewall in 1994, and since that time has been at the forefront of its evolution. We remain committed to leading and defining the network firewall market through continued technology innovation." 

Since 1994, Check Point has demonstrated unwavering leadership in the network firewall market, marked through groundbreaking innovations including the development of the first security graphical user interface (GUI), the incorporation of Intrusion Prevention Systems (IPS), and the integration with ThreatCloud™, the company's core security intelligence infrastructure. Check Point ThreatCloud™ IntelliStore showcases the company's most recent firewall advancement, through incorporation of threat information sharing. This revolutionary collaboration and technology platform is a unique security intelligence solution that automatically aggregates threat data feeds for real-time prevention.

Gartner's Market Share: Enterprise Network Equipment for Q2 2014 research shows that:

  • Check Point led worldwide revenue share with 22.2% of the Firewall Equipment market.
  • Check Point's number one Firewall Equipment market share position represented a 6.2% and 11.2% lead over the two nearest competitors.
  • Check Point increased its Firewall Equipment revenue by 5.9% in the three months from Q1 2014 to Q2 2014.

"AccessIT Group congratulates Check Point for its leadership in the IT Security market, as recognized by Gartner in the recent firewall equipment market share report," said Joe Luciano, CEO at AccessIT Group. "We are proud of our long-standing partnership with Check Point, who continues to develop and deliver new and innovative security technologies. We look forward to providing these market-leading solutions to our worldwide customers now and in the years ahead."

Gartner writes, "As the first line of defense between external threats and enterprise networks, firewalls need to continually evolve to maintain effectiveness, responding both to changes in threats and changes in enterprise network speed and complexity."2 Gartner also notes, "Network firewalls that incorporate information and threat sharing between adjacent security controls will be preferred by network security buyers."3

Check Point award-winning security solutions protect organizations of all sizes and complexity, including 100 percent of the Fortune and Global 100 companies. To maximize flexibility, Check Point security appliances are designed to support any combination of the company's industry-leading Software Blade Architecture™, including four pre-defined security packages including Next Generation Firewall, Next Generation Threat Prevention, Next Generation Data Protection and Next Generation Secure-Web Gateway.

For more information on Gartner's Market Share: Enterprise Network Equipment research, visit: http://www.gartner.com/technology/research.jsp

For more information on the Gartner Enterprise Network Firewalls Magic Quadrant, visit: http://www.checkpoint.com/products/promo/gartner-firewall-2014/index.html

Follow Check Point via:
Twitter: www.twitter.com/checkpointsw
Facebook: https://www.facebook.com/checkpointsoftware
YouTube: http://www.youtube.com/user/CPGlobal

1 Gartner, Market Share: Enterprise Network Equipment by Market Segment, Worldwide, 2Q14 by Christian Canales, Erica Gadjuli, Naresh Singh Joe Skorupa, - 15 September 2014, G00261165

2 Gartner Magic Quadrant for Enterprise Network Firewalls by Greg Young, Adam Hils, Jeremy D'Hoinne, ID Number: G00258296

3 Gartner, Intelligence Awareness and Adaptive Security Response Will Transform Network Firewall Markets by Lawrence Pingree - 22 August 2014, G00263759

About Check Point Software Technologies Ltd.
Check Point Software Technologies Ltd. (www.checkpoint.com), the worldwide leader in securing the Internet, provides customers with uncompromised protection against all types of threats, reduces security complexity and lowers total cost of ownership. Check Point first pioneered the industry with FireWall-1 and its patented stateful inspection technology. Today, Check Point continues to develop new innovations based on the Software Blade Architecture, providing customers with flexible and simple solutions that can be fully customized to meet the exact security needs of any organization. Check Point is the only vendor to go beyond technology and define security as a business process. Check Point 3D Security uniquely combines policy, people and enforcement for greater protection of information assets and helps organizations implement a blueprint for security that aligns with business needs. Customers include tens of thousands of organizations of all sizes, including all Fortune and Global 100 companies. Check Point's award-winning ZoneAlarm solutions protect millions of consumers from hackers, spyware and identity theft.