Security appliance market continues to blossom

Cisco FirewallUnit shipments of security appliances grew 10 percent in the third quarter over this year, accounting for revenues of close to $2.4 billion.

And this is the 20th consecutive quarter of positive growth, according to analysts atĀ  the International Data Corporation (IDC).

IDC said shipments were up in the quarter, compared to the same quarter in 2013 by 7.3 percent, amounting to 520,752 units.

The market is growing mostly by cyber security products intended to perform a number of different security problem in one box.

Cisco is the leader of the security pack, with 15.9 percent of the market, followed by Check Point, Palo Alto Networks, Fortinet and McAfee.

Unified threat management (UTM) is the dominant leader of the pack in both revenue and sales volumes, said IDC.