Security appliance market sees growth: IDC

Shipments increased 9.4% over Q4 2012, Middle East and Africa market remains strong

Tags: International Data CorporationUnited Arab Emirates
  • E-Mail
Security appliance market sees growth: IDC Security appliance shipments have grown 9.4% in Q42012, according to the IDC.
By  Georgina Enzer Published  March 26, 2013

Security appliance shipments have increased 9.4% over Q4 2012 to total 20,754 units, and the Middle East and Africa (MEA) security appliance market recorded year-on-year growth in both customer revenue and shipments in the final quarter of 2012, according to the latest figures released today by International Data Corporation (IDC). IDC's 'Worldwide Quarterly Security Appliance Tracker', showed that customer revenues were up 8.3% when compared to Q4 2011 to reach $90.79 million.

"The continous growth of threats targeting the Middle East region has resulted in organisations becoming more aware of the importance of securing their networks," said Faysal Ayoubi, a research analyst at IDC Middle East, Africa, and Turkey. "Consequently, they are prioritising budgets towards ensuring the highest levels of risk mitigation possible."

The UAE and Saudi Arabia were the key drivers of the region's growth in customer revenue, recording year-on-year increases of 20% and 16%, respectievly.

Unified threat management (UTM) was the leading security function in the final quarter of 2012, contributing significantly to the MEA market's high single-digit growth. UTM revenues increased 20% year on year to account for 37% share of the total security appliance market in Q4 2012, with unified security solutions continuing to be particularly popular among small and medium-sized businesses (SMBs).

Cisco maintained its lead of the overall MEA security appliance market in Q4 2012, depsite seeing its share of customer revenue fall by 3 percentage points, year on year, to 20%. Fortinet secured second spot with 15% share of total sales, having recorded tremendous double-digit growth in customer revenue of 36% when compared to Q4 2011.

"The seasonality of the fourth quarter, coupled with numerous government deals, helped most vendors advance year on year," said Ayoubi. "End-of-year initiatives on the vendor side and the traditional budget flush on the buyer side were also key factors behind the region's growth." The combined shares of the top five vendors accounted for 60% of the market in Q4 2012, down 2.5 percentage points on the final quarter of 2011. Other vendors that witnessed a strong quarter included WatchGuard, Websense, and Sourcefire.

"The fourth quarter of 2012 was a promising one for the overall market, enabling most vendors to finish the year in style," said Ayoubi. "And IDC expects the region's IT security appliance market to continue expanding over the coming quarters as it strives to meet constantly growing end-user demand, particularly from SMBs and government entities."

Add a Comment

Your display name This field is mandatory

Your e-mail address This field is mandatory (Your e-mail address won't be published)

Security code