The growth of the security appliance market is visibly decelerating, according to IDC.
Security Appliances Market Slowed Down in Q3 2012The market research firm estimates that vendors were able to achieve revenues of about $2.0 billion in the third quarter of 2012, up about 5.7 percent over Q3. Unit shipments increased by 1.0 percent to 499,022 devices.
In Q2, the growth numbers were 6.6 percent and 5.8 percent, respectively.
Cisco held on to the market leadership position with $326 million in sales and a market share of 16.2 percent, followed by Checkpoint with $258 million (12.8 percent), and Juniper with $160 million (7.9 percent). The five largest security appliance vendors, which also include Fortinet and McAfee hold a combined 48.5 percent of the total market.
"Overall, macroeconomic conditions have been questionable at best," said IDC's John Grady. "While the security market remains more resilient than others, there was a definite slow-down in growth rates in the third quarter. That being said, the evolving threat landscape continues to drive spending on security products as organizations battle to keep their infrastructures secure and their data protected."
According to IDC, the greatest growth was shown by Unified Threat Management (UTM) devices with revenue growth of 24.3 percent year-over-year and 33 percent share of the entire security appliance market. Firewall and VPN devices gained 7.3 percent in sales and now represent 26.7 percent of the market.
Wolfgang GruenerWolfgang Gruener is a contributor to Tom's IT Pro. He is currently principal analyst at Ndicio Research, a market analysis firm that focuses on cloud computing and disruptive technologies, and maintains the conceivablytech.com blog. An 18-year veteran in IT journalism and market research, he previously published TG Daily and was managing editor of Tom's Hardware news, which he grew from a link collection in the early 2000s into one of the most comprehensive and trusted technology news sources.
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