Network Security Markets Rebound: Infonetics Research

by Enterprise Networking Planet Staff

Infonetics Research said the outlook is positive for 3Q11.

Market research firm Infonetics Research has released vendor market share standings and market forecasts from two second quarter (2Q11) security market reports: Content Security Appliances and Software and Network Security Appliances and Software.

According to the market research, global content security gateway appliance and software sales grew 8 percent in 2Q11 over 1Q11 to $766 million, a typical second quarter rebound after a seasonally soft first quarter.

"'Cisco took the lead in the content security appliance segment in the second quarter of 2011, now ahead of Blue Coat, and moved into second place after McAfee in the overall content security market. While Cisco will have a hard time beating their impressive 2Q11 performance in this space next quarter, we believe Federal spending -- despite soft expectations -- will help most content security gateway vendors increase revenue in 3Q11. In the network security appliance and software market, all of the major network security vendors are poised for growth in 3Q11, with most growing in the 5% to 10% range for the quarter,' expects Jeff Wilson, principal analyst for security at Infonetics Research."

Read the Full News Release at MarketWatch

This article was originally published on Tuesday Sep 6th 2011