Security appliance market sees steady growth in Q2

FRAMINGHAM, USA: According to the IDC Worldwide Quarterly Security Appliance Tracker, factory revenue rose in the second quarter of 2013 compared to the second quarter of 2012, while unit shipments declined over the same period.

Worldwide factory revenue was up 6.1 per cent year over year to $2.1 billion in the quarter, as shipments decreased -1.5 per cent to 483,354 units. Multi-function appliances continue to be a major factor in slower unit growth.

Geographically, Canada again saw the highest YoY growth in the quarter (17.6 per cent), followed by Asia/Pacific (excluding Japan), which grew at 9.9 per cent.

The United States was also strong with 8.7 per cent YoY growth, accounting for nearly 41 per cent of worldwide factory revenue. Western Europe slowed in the quarter and saw factory revenue rise only 0.6 per cent when compared to 2Q12.

Cisco continues to lead the overall security appliance market with a 16.2 per cent share in factory revenue for the second quarter, but this was flat versus the prior year period.

Check Point held the number two spot with a 12.5 per cent share for the quarter as revenue increased 4.0 per cent compared to the second quarter of 2012.

Fortinet surpassed Juniper to become the third largest security appliance vendor, with a 6.2% share in the quarter. Similarly, Blue Coat overtook McAfee to round out the top five in 2Q12.

The share of "Others" grew again as Palo Alto Networks, Barracuda, Sourcefire, and Sophos continue to see impressive growth each quarter.

 

Functional Market Results:

At the functional market level, the Unified Threat Management (UTM) segment saw the largest year-over-year revenue increase at 32.8 per cent and accounted for 38.2 per cent of security appliance revenue in 2Q13.

Multi-function appliances continue to drive growth in the overall market. The Firewall market declined 22.1 per cent year over year, but still represented 20.3 per cent of security appliance revenue in the quarter.

Intrusion Detection and Prevention (IDP) bounced back in the quarter, with growth of 10.7 per cent compared to the prior year period.

The Content Security segment rose by 6.8 per cent compared to 2Q12 and accounted for 19.6 per cent of the market.