Fortinet retains leadership in UTM Security Market

BANGALORE: Fortinet has retained its worldwide leadership of the Unified Threat Management (UTM) security appliance market for the second consecutive year, according to an IDC report.

Fortinet said in a statement that new statistics in the IDC report, “Worldwide Threat Management Security Appliances 2005-2009 Forecast and 2004 Vendor Shares: Security Appliances Remain a Well Oiled Machine,” show that it held 18.1 percent of the UTM market in 2004.

Fortinet delivers security applications (firewall, antivirus, intrusion prevention systems (IPS), VPN, Web filtering, anti-spam and traffic shaping) that are deployed separately on its FortiGate systems, or collectively to comprise a unified multi-threat management system.

According to the IDC report, the UTM segment of the Threat Management Appliance category continued to be the fastest-growing segment of the security appliance market in 2004. Strong global customer demand for UTM systems, which integrate multiple security applications into one device, generated more than $330 million in revenues and led to a 200 percent growth rate compared to 2003.

In its report, IDC forecasts that by 2009 the UTM market will be the largest single market in the Threat Management security appliance sector, with a compound annual growth rate (CAGR) of 48 percent (2004-2009).