Cisco Ranked First in the Data Security Market
Cisco has been adjudged as the top vendor in the data center security market followed by Juniper Networks, Intel’s McAfee, CheckPoint, and FortNet. This statistics was provided by the team of Infonetics Research.
Cisco earned this accolade of being the top security provider because of its recent financial
results. Reports claim a 61 percent increase in its year over year data center business, the largest increase in any of its business segments.
“Service providers and enterprises are rebuilding data centers, and they need new security infrastructures to keep up with the performance requirements, network architectures, and threats brought about by the move to virtualization and the cloud. As a result, data center security spending is growing rapidly, and new vendors are finding opportunities to grow their share of the data center security pie,” commented Jeff Wilson, principal analyst for security at Infonetics.
Infonetics Research predicts that the data center security market will increase to $2.7 billion by 2016.
The most revenue grossing appliance in the security market is the virtual security appliance segment, where revenue increased by 34 percent in the second quarter compared to the same quarter last year. The virtual appliance vendor landscape is comprised of a mix of established security players, virtualization platform vendors and specialist vendors.
The segment is being fueled by cloud infrastructure buildouts, security concerns about cloud computing and the rapid adoption of server virtualization. Annual revenue for the segment is expected to increase at a 21 percent compound annual growth rate (CAGR) through 2016.
The continued adoption of the cloud by enterprises, combined with their ongoing security worries about that adoption, suggests continued strong growth in the data center security market.
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