Tag: Check Point

Security appliance market surges

Cisco FirewallOn the day that IBM revealed that a billion individuals had their data leaked in 2014, a report said the security appliance market saw double digit shipment growth in the fourth quarter of last year.

IDC said that worldwide, both factory revenues and shipments grew with revenues growing 8.6 percent compared to the same quarter last year, amounting to $2.6 billion.

But shipments grew twice as fast as revenues at 16.7 percent, representing 635, 933 units.

IDC said that’s the fourth consecutive quarter of shipment growths. For the whole year, revenues and shipments grew 8.4 percent and 8.3 percent respectively, amounting to $9.4 billion and 2.1 million units.

All geographies showed growth, but in Europe security appliances represented 26.9 percent of worldwide revenues.

The leading beacon in the market is Cisco – it has a 16.6 percent share of worldwide revenue. Check Point checked in at number two, with 13.2 percent revenue share. It grew by 25.6 percent in the fourth quarter of 2014.

In third place was Fortinet, which is the largest appliance vendor in shipment terms.

Palo Alto Networks, Blue Coat and McAfee were the other contenders in the top five position, with the last two tying in worldwide revenues.