Functional Market Results
At the functional market level, the Unified Threat Management (UTM) segment saw the largest year-over-year revenue growth at 24.3% and accounted for 33.3% of security appliance revenues in 3Q12, as multi-function appliances continue to drive growth in the overall market. The Firewall/VPN market represented 26.7% of security appliance revenues thanks to 7.3% year-over-year growth due primarily to Cisco and Juniper. The IPS and VPN segments were the only markets to show revenue declines compared to 3Q11.
"The shift in network security for continuous security processes in detecting threats that other solutions miss is leading the move for unified security management for protection against advanced threats, modern malware, and data theft," said Ebenezer Obeng-Nyarkoh, senior research analyst, Worldwide Trackers Group.
IDC's Worldwide Quarterly Security Appliance Tracker is a quantitative tool for analyzing the global security market on a quarterly basis and is available on demand. The Tracker includes quarterly shipments and revenues (both customer and factory), segmented by vendor, family, model, region, operating system, price band, and security functions.
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