Welcome!

News Feed Item

Network Security Sustains Growth Momentum in First Quarter of 2014, According to IDC

According to the International Data Corporation (IDC) Worldwide Quarterly Security Appliance Tracker, the security appliance market continues to see positive momentum. In the first quarter of 2014 (1Q14), worldwide factory revenue grew 8.0% year over year to $2.1 billion. This was the 18th consecutive quarter of positive growth, dating back to the fourth quarter of 2009. First quarter shipments also grew, totaling 478,384 units, up 2.4% over the 467,143 units shipped in 1Q13.

Geographically, Latin America saw the highest year-over-year growth in the quarter at 20%. Asia/Pacific (excluding Japan) also continued to see strong appliance sales, with revenue increasing 13.6% compared to 1Q13. North America grew 12.1% in the quarter while accounting for 43% of the market, helping drive top-line growth. Western Europe was essentially flat year over year, as pockets of economic uncertainly lengthen sales cycles and inhibit growth.

"Security concerns have absolutely risen in priority, due in part to the recent breaches at Target, Nieman Marcus, and others," said John Grady, Program Manager, Security Products at IDC. "With C-level executives taking a more vested interest in their organizations' security posture, budget is being prioritized for security initiatives. This was exemplified by the fact that growth actually accelerated in the first quarter, which typically does not occur coming off the year end."

Cisco continues to lead the overall security appliance market with a 17.5% share in factory revenue for the first quarter with significant growth of 11.7% compared to the first quarter of 2013. This growth was driven in part by the acquisition of Sourcefire. Check Point again held the number two spot for the quarter as revenue increased 7.7% year over year. Fortinet remained the number 3 security appliance vendor as market share increased to 7.1% on growth of 23.7% compared to 1Q13 Palo Alto Networks surpassed Juniper to become the number 4 security appliance vendor on year-over-year growth of 66.1%. Juniper rounded out the top 5, growing 1.2% year over year and accounting for 6% of the market.

Top 5 Vendors, Worldwide Security Appliance Revenue, First Quarter of 2014
(revenues in US$ millions)

Vendor      

1Q14
Revenue

     

1Q14
Share

     

1Q13
Revenue

     

1Q13
Share

     

1Q14/1Q13
Growth

Cisco       $371       17.5%       $332       16.9%       11.7%
Check Point       $272       12.8%       $252       12.9%       7.7%
Fortinet       $150       7.1%       $121       6.2%       23.7%
Palo Alto Networks       $141       6.7%       $85       4.3%       66.1%
Juniper       $127       6.0%       $125       6.4%       1.2%
Other       $1,058       49.9%       $1,046       53.3%       1.1%
Total       $2,118       100.0%       $1,962       100.0%       8.0%

Source: IDC Worldwide Quarterly Security Appliance Tracker, June 9, 2014

Functional Market Results

At the functional market level, the Unified Threat Management (UTM) segment saw the largest year-over-year revenue increase at 23.5% and accounted for 42.7% of security appliance revenue in 1Q14 as multi-function appliances continue to drive growth in the overall market. The Firewall market declined -2.5% year over year, and represented 19.3% of security appliance revenue in the quarter. Content Security and the Intrusion Detection and Prevention (IDP) segment made up 16.7% and 16.6% respectively with Content Security growing at 0.2% and IDP growing at 0.1% year over year.

"Providing a high degree of reliability and advanced security in identifying and minimizing cyber crime remains a challenge to every defense system today," said Ebenezer Obeng-Nyarkoh, Senior Research Analyst, Worldwide Trackers Group "With the number and variety of cyber threats facing businesses on the rise, business owners are looking for comprehensive solutions to protect the huge volume of data on their organizational network."

IDC's Worldwide Quarterly Security Appliance Tracker is a quantitative tool for analyzing the global security market on a quarterly basis. The Tracker includes quarterly shipments and revenues (both factory and customer), segmented by vendor, security function, product family, model, region, operating system, and price band.

About IDC
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and the investment community to make fact-based decisions on technology purchases and business strategy. More than 1,000 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. In 2014, IDC celebrates its 50th anniversary of providing strategic insights to help clients achieve their key business objectives. IDC is a subsidiary of IDG, the world's leading technology media, research, and events company. You can learn more about IDC by visiting www.idc.com.

All product and company names may be trademarks or registered trademarks of their respective holders.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that Ryobi Systems will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Ryobi Systems Co., Ltd., as an information service company, specialized in business support for local governments and medical industry. We are challenging to achive the precision farming with AI. For more information, visit http:...
SYS-CON Events announced today that mruby Forum will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. mruby is the lightweight implementation of the Ruby language. We introduce mruby and the mruby IoT framework that enhances development productivity. For more information, visit http://forum.mruby.org/.
SYS-CON Events announced today that Mobile Create USA will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Mobile Create USA Inc. is an MVNO-based business model that uses portable communication devices and cellular-based infrastructure in the development, sales, operation and mobile communications systems incorporating GPS capabi...
SYS-CON Events announced today that Keisoku Research Consultant Co. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Keisoku Research Consultant, Co. offers research and consulting in a wide range of civil engineering-related fields from information construction to preservation of cultural properties. For more information, vi...
SYS-CON Events announced today that MIRAI Inc. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MIRAI Inc. are IT consultants from the public sector whose mission is to solve social issues by technology and innovation and to create a meaningful future for people.
SYS-CON Events announced today that Daiya Industry will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Daiya Industry specializes in orthotic support systems and assistive devices with pneumatic artificial muscles in order to contribute to an extended healthy life expectancy. For more information, please visit https://www.daiyak...
SYS-CON Events announced today that Fusic will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Fusic Co. provides mocks as virtual IoT devices. You can customize mocks, and get any amount of data at any time in your test. For more information, visit https://fusic.co.jp/english/.
SYS-CON Events announced today that Interface Corporation will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Interface Corporation is a company developing, manufacturing and marketing high quality and wide variety of industrial computers and interface modules such as PCIs and PCI express. For more information, visit http://www.i...
Today companies are looking to achieve cloud-first digital agility to reduce time-to-market, optimize utilization of resources, and rapidly deliver disruptive business solutions. However, leveraging the benefits of cloud deployments can be complicated for companies with extensive legacy computing environments. In his session at 21st Cloud Expo, Craig Sproule, founder and CEO of Metavine, will outline the challenges enterprises face in migrating legacy solutions to the cloud. He will also prese...
Elon Musk is among the notable industry figures who worries about the power of AI to destroy rather than help society. Mark Zuckerberg, on the other hand, embraces all that is going on. AI is most powerful when deployed across the vast networks being built for Internets of Things in the manufacturing, transportation and logistics, retail, healthcare, government and other sectors. Is AI transforming IoT for the good or the bad? Do we need to worry about its potential destructive power? Or will we...
SYS-CON Events announced today that Enroute Lab will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enroute Lab is an industrial design, research and development company of unmanned robotic vehicle system. For more information, please visit http://elab.co.jp/.
SYS-CON Events announced today that Nihon Micron will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Nihon Micron Co., Ltd. strives for technological innovation to establish high-density, high-precision processing technology for providing printed circuit board and metal mount RFID tags used for communication devices. For more inf...
In his session at @ThingsExpo, Greg Gorman is the Director, IoT Developer Ecosystem, Watson IoT, will provide a short tutorial on Node-RED, a Node.js-based programming tool for wiring together hardware devices, APIs and online services in new and interesting ways. It provides a browser-based editor that makes it easy to wire together flows using a wide range of nodes in the palette that can be deployed to its runtime in a single-click. There is a large library of contributed nodes that help so...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
DevOps at Cloud Expo – being held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real r...