Competition in Network Security Industry Increases

By Don Reisinger  |  Posted 03-26-2013

Competition in Network Security Industry Increases

Annual Spending Grows  In 2012, worldwide network security appliance and software revenue jumped 10% to $6.3 billion.

Competition in Network Security Industry Increases

Competition in Network Security Industry Increases

A Healthy Fourth Quarter  Network security spending was notably higher in all of 2012, but it was even up in the fourth quarter. In fact, revenue during the last quarter hit $1.7 billion, representing a 7% increase.

Competition in Network Security Industry Increases

Competition in Network Security Industry Increases

Expensive Tastes  Interestingly, the fourth quarter wasn't used by companies to buy low-price gear. Quite the contrary, companies purchased high-end appliances in droves during the fourth quarter of 2012.

Competition in Network Security Industry Increases

Competition in Network Security Industry Increases

Bring On the Leaders  Not surprisingly, Cisco was the most popular network-security-appliance maker last year, followed by other perennial favorites like Checkpoint, Juniper and McAfee.

Competition in Network Security Industry Increases

Competition in Network Security Industry Increases

A Content Security Problem?  For the first time ever, the content security market suffered an annual decline, falling to $2.9 billion in 2012.

Competition in Network Security Industry Increases

Competition in Network Security Industry Increases

A Gateway to More Revenue  While content security decreased during the entire year, the fourth quarter saw a slight gain of 4%. All told, $748 million was spent during the last quarter.

Competition in Network Security Industry Increases

Competition in Network Security Industry Increases

The Importance of Appliances  Appliances were the most important product for network security companies, accounting for 60% of all content security gateway revenue in 2012.

Competition in Network Security Industry Increases

Competition in Network Security Industry Increases

Who Leads the Content Market?  Looking for the leaders in content security? Look no further than McAfee, Blue Coat and Cisco.

Competition in Network Security Industry Increases

Competition in Network Security Industry Increases

A Look Ahead At Content Security  Although sales increased a bit in the fourth quarter, the content security market is expected to be relatively flat in 2013.

Competition in Network Security Industry Increases

Competition in Network Security Industry Increases

An Eye On the Future  Cisco and Juniper might want to watch out: Infonetics thinks Sourcefire, SonicWall, and Palo Alto might come on strong in network security this year.

Competition in Network Security Industry Increases