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Security appliance growth continues in Q2

Consecutive quarterly growth in segment now dates back to Q4 2009, says IDC

Security appliance growth continues in Q2
In Q2 2014, worldwide factory revenue in security appliances grew 7.3%, year on year, to $2.2bn.

The security appliance market showed continued growth in the second quarter, according to the International Data Corporation (IDC) Worldwide Quarterly Security Appliance Tracker.

In Q2 2014, worldwide factory revenue grew 7.3%, year on year, to $2.2bn. According to IDC, this represented the 19th consecutive quarter of positive growth, dating back to the fourth quarter of 2009. Second-quarter shipments also grew, totalling 500,178 units, up 4.9% over the 476,903 units shipped in Q2 2013.

Geographically, Latin America saw the highest growth in the quarter at 24.5%. Asia-Pacific also saw strong appliance sales, with revenue increasing 11.3% compared to Q2 2013. North America grew 6% in the quarter while accounting for 39.4% of market revenues. Western Europe saw its highest growth since the first quarter of 2011, with revenue increasing 6.8%, year on year.

Cisco continues to lead the overall security appliance market with 18.4% share of factory revenue in the second quarter with year-on-year growth of 19.7%. Check Point again held the number-two spot for the quarter as revenue increased 9.8%, year on year. Fortinet remained the third-largest security appliance vendor as its market share increased to 7.3% on growth of 24.6% over Q2 2013. Palo Alto Networks rose to the number-four spot on growth of 57.6%. Intel Security rounded out the top five, growing 12.9%, year on year, and accounting for 5.3% of the market.

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