Network security market size in Q2 2014: Infonetics Research

Infonetics Research today shared network security market size for Q2 2014 and some trends that need to be noticed by enterprise CIOs.

Infonetics Research’s Network Security Appliances and Software report tracks integrated security appliances, secure routers, SSL VPN gateways, VPN and firewall software, and intrusion detection and prevention products.

“The network security market saw a change in leadership for the first time in a very long time, with Fortinet and Palo Alto Networks each moving up a notch among the top five vendors, now in the third and fourth positions, respectively,” said Jeff Wilson, principal analyst for security at Infonetics Research.

network security gear market

The report predicts that there will be some consolidation with Check Point, Cisco, Dell SonicWall, Fortinet, Juniper, McAfee, and Palo Alto battling for network security share.

Growth in the network security market was 4 percent in Q2 2014 at $1.6 billion.

Integrated security — appliances, software, and SSL VPN products — made up 83 percent of total network security revenue in 2Q14, with the majority coming from appliances.

Intrusion detection systems (IDSs) and intrusion prevention systems (IPSs), meanwhile, represented 17 percent of overall revenue.

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