TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Directory
  • Smart Studio
  • Surveys
  • Debates
  • Perspectives
  • DSP Leaders World Forum
  • DSP Leaders
  • Great Telco Debate
    • |
    • Follow
    • |
    • Subscribe
  • |
  • More
  • Webcasts
  • Surveys
  • Debates
  • Perspectives
  • Great Telco Debate
  • |
  • Follow TelecomTV
  • |
    • Subscribe
    • |
  • About
  • Privacy
  • Help
  • Contact
  • Follow TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Tracker

TelecomTV TRACKER

Sourced by TelecomTV's TRACKER platform
from IDC

Tracker

Worldwide Security Appliance Market Continues Its Growth Trajectory in the First Half of 2015, According to IDC

Via IDC

Sep 15, 2015

FRAMINGHAM, Mass., September 14, 2015 – According to the International Data Corporation (IDC) Worldwide Quarterly Security Appliance Tracker, both factory revenues and unit shipments continued to grow in the first half of 2015. Worldwide vendor revenues increased 9.6% year over year to $4.9 billion, and volume shipments expanded to 1.1 million and grew 8.8% year over year. For the second quarter of 2015 (2Q15), worldwide vendor revenues increased 12.2% year over year to $2.6 billion, marking the 23rd consecutive quarter of revenue growth. Shipments grew 10.6% year over year for the seventh consecutive quarter of volume growth ending 2Q15 at 567,388 units shipped.

Regional Highlights

Asia/Pacific (excluding Japan)(APeJ) continued to experience solid year-over-year growth in the second quarter of 2015 and accounted for 17.6% and 21.6% of unit shipments and vendor revenue, respectively. The regional market is primarily driven by China, which accounted for more than 50.0% of both unit shipments and vendor revenue and grew more than twice as fast as the regional market.

Western Europe saw slow revenue growth of 2.3% year over year and accounted for 20.3% of worldwide vendor revenue. Revenue growth was driven by strong results in the United Kingdom and Germany, representing 23.4% and 21.3% of the regional market, respectively. Shipments grew 5.9% year over year and accounted for 25.1% of the overall market.

For the second consecutive quarter, Central & Eastern Europe, the Middle East, and Africa (CEMA) continued to decline year over year but experienced modest sequential growth. Unit shipments were down -2.2% year over year to 41,274 units and revenue declined -6.7% to $150.07 million.

Latin America saw its revenues grow 7.2% year over year while unit shipments increased 7.6% compared to 2Q14. This enabled the region to capture 4.5% of worldwide revenues and 5.5% of shipments in the quarter. The regional market continued to be driven by Brazil and Mexico, which declined modestly year over year.

Canada and Japan together accounted for 5.6% of unit shipments and 6.4% of worldwide vendor revenue. Cumulatively, the two markets declined modestly at -0.9% shipment growth and -0.7% revenue growth.

Due in part to its higher threat profile, the United States market continued to be the largest market for security appliances, accounting for 41.4% of worldwide revenues in 2Q15 with 17.8% year-over-year growth.

"Cybercrime remains a growing global problem and attacks against mission-critical and sensitive services or systems that leads to massive data leaks continue to have far-reaching effects. Because there are so many ingenious ways into a network, having sophisticated cyber security measures is not the end game of a defensive prevention strategy," said Ebenezer Obeng-Nyarkoh, Senior Research Analyst, Worldwide Trackers Group. "The key is faster identification and prevention and this is why in the last seven consecutive quarters the deployment of intrusion detection and prevention solutions (IDP) have been gaining traction. Even though this category only represents 4.2% of volume shipments, we are seeing remarkable expansion with the second quarter showing 13.7% year-over-year growth."

Vendor Highlights

Cisco continued to lead the overall security appliance market with 17.1% share in vendor revenue and a net loss of 1.1 points of share year over year and 0.5 points sequentially. Overall revenue expanded 5.9% year over year and 8.5% sequentially.

Check Point remained the number 2 security appliance vendor with 11.9% year-over-year and 6.7% sequential revenue growth. Check Point ended the quarter with 12.8% worldwide revenue share.

Since entering the top 5 in the second half of 2013, Palo Alto Networks has consistently grown its revenues faster than the overall market. In 2Q15, Palo Alto Networks grew its revenue 51.5% year over year with a net gain of 2.4 share points when compared to the same quarter a year ago.

Fortinet was the number 4 vendor with worldwide market share of 8.3%, resulting in a net gain of 0.7 share points sequentially and 1.1 points year over year. Fortinet had double-digit revenue growth of 30.3% in 2Q15.

Blue Coat rounded out the top 5 vendor list with solid year-over-year revenue growth of 7.3% despite a net loss of -0.4 share points sequentially.

Top 5 Vendors, Worldwide Security Appliance Revenue, Second Quarter of 2015 (revenues in US$ millions)

Vendor 2Q15 Revenue 2Q15 Market Share 2Q14 Revenue 2Q14 Market Share 2Q15/2Q14 Growth
Cisco $414 18.20% $438 17.10% 5.90%
Check Point $293 12.90% $328 12.80% 11.90%
Palo Alto Networks $159 7.00% $241 9.40% 51.50%
Fortinet $164 7.20% $213 8.30% 30.30%
Blue Coat $104 4.50% $111 4.30% 7.30%
Other $1,146 50.30% $1,226 47.90% 6.90%
Total $2,280 100.00% $2,558 100.00% 12.2%

Source: IDC Worldwide Quarterly Security Appliance Tracker, September 14, 2015

Chart: 2015 Q2 Worldwide Security Appliance Units Market Share for Top 5 Vendors Description: Source: IDC Worldwide Quarterly Security Appliance Tracker September 14, 2015 IDC's Worldwide Quarterly Security Appliance Tracker® is a quantitative tool for analyzing the global security market on a quarterly basis. The Tracker includes quarterly shipments and values (both vendor and customer value), segmented by vendor, security function, product family, model, region, operating system, and price band. For more information, or to subscribe to the research, please contact Kathy Nagamine at 1-650-350-6423 or [email protected] Tags: cyber security, security market, security appliance, Cisco, Fortinet, Fujitsu, Fujitsu Siemens, HP, Hewlett Packard, IDC, IBM, Intel, Dell, SonicWALL, Check Point, Juniper, Barracuda, McAfe, McAfee Se Author: IDC charts powered by iCharts

This graphic is intended for public use in online news articles and social media. Instructions on how to embed this graphic are available by clicking here.

Related Topics
  • Device Software & Apps,
  • Digital Platforms & Services,
  • IDC,
  • News,
  • North America,
  • Research and Trials,
  • Security,
  • Tracker

More Like This

5G

Nokia and WEG Brazil launch Industry 4.0 project with 5G standalone private wireless

Mar 5, 2021

Digital Platforms & Services

DISH selects Amdocs’ cloud-native billing platform to support 5G services

Mar 5, 2021

Cloud Native

DZS Acquires Network Orchestration and Software Automation Innovator RIFT

Mar 4, 2021

Access Evolution

Ciena reports fiscal first quarter 2021 financial results

Mar 4, 2021

Digital Platforms & Services

Digital Realty lays out industry manifesto for enabling connected data communities

Mar 4, 2021

This content extract was originally sourced from an external website (IDC) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

18:24

How Zoom evolved in the pandemic era

26:24

Red Hat and HPE discuss how to support open multi-vendor 5G network slices

14:28

How RADCOM is helping Rakuten Mobile run its innovative 5G network

8:33

Monetizing innovative telco edge services

  • TelecomTV
  • Decisive Media

TelecomTV is produced by the team at Decisive Media

Menu
  • News
  • Videos
  • Channels
  • Directory
  • Smart Studio
 
  • Surveys
  • Debates
  • Perspectives
  • Events
  • About Us
Our Brands
  • TelecomTV Tracker
  • TelecomTV Perspectives
  • DSP Leaders
  • DSP Leaders World Forum
  • The Great Telco Debate
Get In Touch
[email protected]
+44 (0) 207 448 1070

Request a Media Pack

Follow
  • © Decisive Media Limited 2021. All rights reserved. All brands and products are the trademarks of their respective holder(s).
  • Privacy
  • Terms
  • Legal Notices