Wave Of New Spending Underway In DC Security Mkt
Infonetics forecasts the datacentre security appliance market to grow to $2.7 billion by 2016.
Market research firm Infonetics Research released excerpts from its latest Datacentre Security Products market share, size, and forecast report, which tracks virtual and datacentre security appliances.
“A wave of new spending on datacentre security is underway. Service providers and enterprises are rebuilding datacentres, and they need new security infrastructures to keep up with the performance requirements, network architectures, and threats brought about by the move to virtualisation and the cloud,” said Jeff Wilson, Principal Analyst for Security at Infonetics Research. “As a result, datacentre security spending is growing rapidly, and new vendors are finding opportunities to grow their share of the datacentre security pie.”
Datacentre Security Appliance Market Highlights:
- Infonetics forecasts the datacentre security appliance market to grow to $2.7 billion by 2016.
- Quarterly datacentre security appliance market share closely mirrors the overall security solution market, with Cisco leading, followed by Juniper, McAfee, Fortinet and Check Point.
- In the virtual security appliance segment, revenue is up 34 percent from the year-ago 2nd quarter and annual revenue is forecast to grow at a 21 percent CAGR through 2016, driven by cloud infrastructure buildouts, the high visibility of security as a barrier for cloud adoption, and the rapid adoption of server virtualisation.
- The virtual appliance vendor landscape is a crowded one, comprising a mix of established security players, virtualisation platform vendors, and specialist vendors.
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