|By Business Wire||
|September 19, 2013 06:15 PM EDT||
According to the International Data Corporation (IDC) Worldwide Quarterly Security Appliance Tracker, factory revenue rose in the second quarter of 2013 (2Q13) compared to the second quarter of 2012, while unit shipments declined over the same period. Worldwide factory revenue was up 6.1% year over year to $2.1 billion in the quarter, as shipments decreased -1.5% to 483,354 units. Multi-function appliances continue to be a major factor in slower unit growth.
Geographically, Canada again saw the highest year-over-year growth in the quarter (17.6%), followed by Asia/Pacific (excluding Japan), which grew at 9.9%. The United States was also strong with 8.7% year-over-year growth, accounting for nearly 41% of worldwide factory revenue. Western Europe slowed in the quarter and saw factory revenue rise only 0.6% when compared to 2Q12.
"Overall, the results in the second quarter show that security spending continues to be a priority for organizations," said John Grady, Research Manager, Security Products at IDC. "Despite the increasing prevalence of virtual and SaaS-based solutions, appliances remain the predominant delivery method for network security products. Even with performance and functional requirements rising dramatically for many organizations, appliance-based products have continued to meet market demands."
Cisco continues to lead the overall security appliance market with a 16.2% 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% share for the quarter as revenue increased 4.0% 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.
Top 5 Vendors, Worldwide Security Appliance Revenue, Second
Quarter of 2013
|Vendor||2Q13 Revenue||2Q13 Share||2Q12 Revenue||2Q12 Share||2Q13/2Q12 Growth|
Source: IDC Worldwide Quarterly Security Appliance Tracker, September 19, 2013
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% and accounted for 38.2% of security appliance revenue in 2Q13. Multi-function appliances continue to drive growth in the overall market. The Firewall market declined 22.1% year over year, but still represented 20.3% of security appliance revenue in the quarter. Intrusion Detection and Prevention (IDP) bounced back in the quarter, with growth of 10.7% compared to the prior year period. The Content Security segment rose by 6.8% compared to 2Q12 and accounted for 19.6% of the market.
"With security treat evolving and cyber attacks escalating, organizations are looking for new approaches that allow them to leverage the potential of technology in a safe manner," said Ebenezer Obeng-Nyarkoh, Senior Research Analyst, Worldwide Trackers Group, "Consequently, organizations are increasingly emphasizing reliable solutions with the integration of intelligence that can quickly solve the problem caused by data breaches."
IDC's Worldwide Quarterly Security Appliance Tracker is a quantitative tool for analyzing the global security market on a quarterly basis and is available on demand. The Tracker includes quarterly shipments and revenues (both customer and factory), segmented by vendor, family, model, region, operating system, price band, and security functions.
About IDC Trackers
IDC Tracker products provide accurate and timely market size, vendor share, and forecasts for hundreds of technology markets from more than 100 countries around the globe. Using proprietary tools and research processes, IDC's Trackers are updated on a semiannual, quarterly, and monthly basis. Tracker results are delivered to clients in user-friendly excel deliverables and on-line query tools. The IDC Tracker Charts app allows users to view data charts from the most recent IDC Tracker products on their iPhone and iPad.
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and the investment community to make fact-based decisions on technology purchases and business strategy. More than 1,000 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. For more than 49 years, IDC has provided strategic insights to help our clients achieve their key business objectives. IDC is a subsidiary of IDG, the world's leading technology media, research, and events company. You can learn more about IDC by visiting www.idc.com.
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