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Date: 15-05-13

Virtual security appliance grew 33% in 2012 and to reach $1.3B in 2017

Market research firm Infonetics Research has estimated the global data center security hardware appliance segment of the market grew 2% in 2012.

“Enterprises and service providers are upgrading their data centers to support huge increases in traffic and handle the massive waves of attacks they face every day, and as a result, data center security spending is growing rapidly, creating significant opportunity for established vendors and new entrants with the right mix of performance, features, and pricing,” notes Jeff Wilson, principal analyst for security at Infonetics Research.

The other highlights include:
The smaller but much faster-growing virtual security appliance segment grew 33% in 2012, and is forecast by Infonetics to more than double between 2013 and 2017, to over $1.3 billion.
Market share for data center security hardware appliances generally parallels that of the overall security solutions market, with Cisco, Juniper, and Fortinet in the top tier, but there are many challengers, including Palo Alto Networks, poised to move up the leadership ladder.

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