MEA security appliance market shows double-digit growth

IDC figures show year-on-year rise in both shipments and revenue

Tags: International Data Corporation
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MEA security appliance market shows double-digit growth IDC said revenues were up 13.8% on Q2 2012, while shipments increased 10.8% over the same period.
By  ITP.net Staff Writer Published  September 29, 2013

The Middle East and Africa (MEA) security appliance market recorded year-on-year growth in both customer revenue and shipments during the second quarter of 2013, according to International Data Corporation (IDC).

Referencing its EMEA Quarterly Security Appliance Tracker, IDC today said that revenues were up 13.8% on Q2 2012 to total $83.52m, while shipments increased 10.8% over the same period to reach 18,540 units.

Commenting on the market's developments, Faysal Ayoubi, a research analyst at IDC Middle East, Africa, and Turkey, said security will continue to be a priority across all technology segments for small and medium-sized businesses (SMBs).

"Security will be one of the most significant emerging segments of the IT sector over the next couple of years, due to sizeable impending investments from businesses looking to secure their computing environments," he said.

"With this in mind, vendors are offering efficient means to assure that threats are blocked at each level courtesy of their security products.

"The growth of the security appliances market is also heavily influenced by the evolution of new threats. Moreover, the increased adoption of virtualisation within the region's SMB segment has driven an increase in interest in security solutions that specifically target virtual environments."

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