SOURCE: Infonetics Research

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December 08, 2014 12:59 ET

Infonetics: Network security market on a roll as 2014 comes to a close

CAMPBELL, CA--(Marketwired - December 08, 2014) - Technology market research firm Infonetics Research released excerpts from its 3rd quarter 2014 (3Q14) Network Security Appliances and Software report, which tracks integrated security appliances, secure routers, SSL VPN gateways, VPN and firewall software, and intrusion detection and prevention products.

SECURITY ANALYST NOTE
"The network security appliance and software market is heading into the last quarter on something of a roll, though we look for quarterly revenue growth to slow by next year. Some large data center and cloud projects are starting to wind down, and we're beginning a transition in earnest to the world of virtualized security," notes Jeff Wilson, principal analyst for security at Infonetics Research.

"That said," Wilson continues, "There will be pockets of high growth over the next five years for traditional network security appliances. Many mobile providers are making large purchases for their Gi/SGi footprints, and we're entering an era of delivering traditional network security solutions for industrial environments and the Internet of Things."

3Q14 NETWORK SECURITY MARKET HIGHLIGHTS

  • The global network security appliance and software market is on track to end 2014 with strong growth: The market is up 7% in 3Q14 from 2Q14, to $1.76 billion, and Infonetics projects a solid Q4 as well
  • On a year-over-year basis, network security revenue increased 10% in 3Q14 over 3Q13 -- the market's best year-over-year growth in the last 2 years
  • Integrated security (appliances, software, and SSL VPN products) makes up the majority of network security revenue, with the bulk coming from appliances
  • The year-over-year (3Q14 vs. 3Q13) performance of the top 4 network security vendors provides a good indication of who has the strongest momentum right now, with Palo Alto Networks increasing the most, followed by Fortinet, Cisco, and Check Point

SECURITY ANALYST CONFERENCE CALL
Infonetics clients are invited to join analyst Jeff Wilson live or on-demand Dec. 9 at noon EST for a network security market recap. Log in for password: www.infonetics.com/cgp/login.asp?id=897.

NETWORK SECURITY REPORT SYNOPSIS
Infonetics' quarterly network security report provides worldwide and regional market size, vendor market share, forecasts through 2018, analysis, and trends for integrated security appliances, secure routers, SSL VPN gateways, VPN and firewall software, and IDS/IPS products. Vendors tracked: Array Networks, CA, Check Point, Cisco, Citrix, D-Link, Dell SonicWall, Extreme Networks, eSoft, F5, Fortinet, GTA, HP, Huawei, ISS, Juniper, McAfee, NetASQ, Palo Alto Networks, WatchGuard, ZyXel, others. To buy the report, contact Infonetics: www.infonetics.com/contact.asp.

INFONETICS SECURITY WEBINARS
Visit www.infonetics.com/infonetics-events to register for upcoming webinars, view recent webinars on-demand, or learn about sponsoring a webinar.

  • Rethinking Secure Mobile Access to the Enterprise (Dec. 17: Attend)
  • Practical Strategies for Fighting Advanced Malware and Threats (Jan. 13: Learn More)
  • DDoS Security: Protect Your Network and Hosting Customers (View on-demand)
  • Protecting Your Organization from DNS Security Threats (View on-demand)
  • Hybrid DDoS Mitigation (Sponsor)

RELATED REPORT EXCERPTS

RECENT AND UPCOMING SECURITY RESEARCH
Download Infonetics' 2014 market research brochure, publication calendar, events brochure, report highlights, tables of contents, and more at www.infonetics.com/login.

INFONETICS IS HIRING
Infonetics Research is hiring analysts. See job openings at www.infonetics.com/jobopp.asp.

TO INQUIRE ABOUT RESEARCH, CONTACT:
N. America (West), Asia Pacific:
Larry Howard larry@infonetics.com +1 408-583-3335
N. A. (East, Midwest), L. America, EMEA: Scott Coyne scott@infonetics.com +1 408-583-3395
Greater China, SE Asia, India: 大中华区 Jeffrey Song jeffrey@infonetics.com +86 21-3919-8505
Japan 日本 Takashi Kimura, TAK Analytics takashi.kimura@takanalytics.com +81 3-6408-5566
South Korea 대한민국 Doug Moon, MBAP dougm@mbap.co.kr +82 2-3453-9400

ABOUT INFONETICS
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 effectively. View Infonetics' About Us slides here.

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Contact Information

  • PRESS CONTACT:
    Jeff Wilson
    Principal Analyst, Security
    Infonetics Research
    +1-408-583-3337
    Email contact 
    Twitter: @securityjeff