Network Security Market Tops $1bn

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According to Infonetics Research's Network Security Appliances and Software report, quarterly worldwide network security appliances and software revenue went up by 1% to $1 billion between Q2 '05 and Q3 '05, and is expected to increase 21% by Q3 '06. Annual revenue is forecast to grow to $6 billion in 2008.

The report highlighted that, Cisco leads the overall network security appliances and software market with 35% of total revenue, Check Point is second with 10%, Juniper is third with 8%.

VPN and firewall appliances and software make up 77% of revenue, IDS/IPS 14%, and gateway anti-virus 9%; by 2008, IDS/IPS will make up 15%, gateway anti-virus 12%.

Network Security Appliances and Software tracks VPN and firewall appliances in six price-banded categories, hardware secure routers, SSL VPN gateways, VPN and firewall software, host- and network-based IDS/IPS products, and gateway anti-virus products.

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