Infotech Lead India: Global network security appliance and software revenue grew 7 percent in Q3 2012 from the year-ago quarter.
Cisco increased its market share by 1.5 percent in the network security appliance and software, Check Point increased 3.2 percent, and Juniper increased 11.1 percent.
Jeff Wilson, principal analyst for security at Infonetics Research, said: “Overall the network security appliance and software market saw moderately strong growth in the 3rd quarter and there is always potential for a great 4th quarter because of seasonal budget flush.”
In the content security segment, companies with broad security product portfolios can shift revenue by continuing to integrate web and mail security functions into firewall and IPS platforms while maintaining standalone solutions. Focused content security companies will be forced to broaden their product portfolios, get acquired, or develop strong partnerships to grow revenue.
According to Infonetics Research, integrated security appliances have gained share every quarter since 4Q11, and Infonetics is forecasting continued quarterly gains through 3Q13.
There will be fierce competition in the market in 2013, predicts Infonetics Research.
Palo Alto Networks’ IPO and strong financial performance have breathed life into the fairly stale integrated appliance market share picture, setting the stage for heated share battles in 2013
McAfee had fewer than 3,000 mobile malware samples in its database just a year ago, growing to around 25,000 samples today.