Cisco, Check Point Lead Security Appliance Market: IDC
The market share of other vendors also increased due to strong quarters from Blue Coat, Palo Alto Networks, Barracuda, Sourcefire and Dell SonicWall.Cisco continues to lead the overall security appliance market with 15.5 percent share in factory revenue for the fourth quarter 2012, but this was down from 17.7 percent in the prior year period, according to research firm IDC’s latest Worldwide Quarterly Security Appliance Tracker. Overall factory revenue and unit shipment growth rose in the fourth quarter of 2012 (4Q12) compared to the previous quarter. Worldwide factory revenue was up 7.2 percent year on year to $2.3 billion, as shipments increased 5.2 percent to 538,428 units. In the previous quarter, factory revenue growth was 6.3 percent and unit growth was 1.3 percent compared to Q3 2011, the report noted. "Typical fourth quarter seasonality seemed to help the market a bit, with overall growth picking up thanks to end-of-year initiatives on the vendor side and budget flush on the buyer side," John Grady, research manager for security products at IDC, said in a statement. "Organizations continue to prioritize security within their overall IT budget. With advanced, targeted threats a growing concern, IDC expects continued high single-digit growth in the security appliance segment." Check Point held the No. 2 spot with a 12.7 percent share for the quarter as revenue increased 7.8 percent compared to the fourth quarter of 2011. Fortinet saw the largest revenue growth among the top five vendors at 27.2 percent. The combined shares of the top 5 global vendors represented 46.3 percent of the market in Q4 2012, losing 2.6 points compared to a year ago. The share of other vendors increased primarily due to strong quarters from Blue Coat, Palo Alto Networks, Barracuda, Sourcefire and Dell SonicWall.
Geographically, the United States recorded 4.1 percent revenue growth and a unit decrease of 1.1 percent compared to Q4 2011, indicating some softness in lower price bands and that revenue growth was driven by larger enterprises and service providers.