Cisco, Check Point Lead Security Appliance Market: IDC
Overall factory revenue and units rose in the third quarter compared to Q3 2012, with worldwide revenue up 6.5 percent year over year to $2.2 billion.Cisco continues to lead the overall security appliance market with a 15.9 percent share in factory revenue for the third quarter, on year-over-year growth of 5.9 percent, according to a report from IT research firm IDC. Overall factory revenue and units rose in the third quarter of 2013 (3Q13) compared to the third quarter of 2012, with worldwide revenue up 6.5 percent year over year to $2.2 billion, as shipments increased 0.3 percent year over year to 490,323 units. The firewall market declined 15.1 percent year over year, but still represented 21 percent of security appliance revenue in the quarter. Meanwhile, the content security segment rose by 1.6 percent compared to Q3 2012 and accounted for 17.6 percent of the market. The Unified Threat Management (UTM) segment saw the largest year-over-year revenue increase at 29.2 percent and accounted for 39.4 percent of security appliance revenue in 3Q13 as multi-function appliances continue to drive growth in the overall market.
Check Point held the number two spot with a 12.4 percent share for the quarter as revenue increased 4.6 percent compared to the third quarter of 2012. Fortinet remained the third largest security appliance vendor, with a 6.4 percent share in the quarter.