Functional Market Results
At the functional market level, the Unified Threat Management (UTM) segment saw the largest year-over-year revenue increase at 23.5% and accounted for 42.7% of security appliance revenue in 1Q14 as multi-function appliances continue to drive growth in the overall market. The Firewall market declined -2.5% year over year, and represented 19.3% of security appliance revenue in the quarter. Content Security and the Intrusion Detection and Prevention (IDP) segment made up 16.7% and 16.6% respectively with Content Security growing at 0.2% and IDP growing at 0.1% year over year.
"Providing a high degree of reliability and advanced security in identifying and minimizing cyber crime remains a challenge to every defense system today," said Ebenezer Obeng-Nyarkoh, Senior Research Analyst, Worldwide Trackers Group "With the number and variety of cyber threats facing businesses on the rise, business owners are looking for comprehensive solutions to protect the huge volume of data on their organizational network."
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 revenues (both factory and customer), segmented by vendor, security function, product family, model, region, operating system, and price band.
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