Security appliance market share for Q1 2016 revealed

Security Appliance vendors in Q1 2016
IT market research agency IDC has revealed the share of Cisco, Check Point, Palto Alto Networks, Fortinet and Blue Coat in the global security appliance market in Q1 2016.

Cisco maintained its 17.4 percent share in the worldwide security appliance market.

Check Point increased its share to 13.8 percent from 13.1 percent.

Palo Alto Networks enhance its share in the security appliance market to 12.4 percent from 9.3 percent. Fortinet’s share increased to 10 percent from 8.1 percent in the security appliance market.

Blue Coat was the only security appliance vendor to drop share. Blue Coat’s share in the global security appliance market fell to 4.6 percent from 5.3 percent.

The security appliance market revenue increased 5.5 percent year over year to $2.47 billion in the first quarter of 2016, while shipments grew 9 percent year over year to 580,007 units.

The Unified Threat Management (UTM) category has doubled in size over the last five years and continues to be the driver for the overall market.

UTM market generated $1.25 billion in revenues for year-over-year growth of 16.9 percent, while the only other category with positive growth was Intrusion Detection and Prevention (IDP) with revenues of $372 million and 3.8 percent annual growth.

The Firewall, Content Management, and Virtual Private Network (VPN) categories experienced a slow start to the year with year-over-year revenue declines of 4.2 percent, 6.7 percent and 24.2 percent, respectively.