Networking security market grows 9 percent in Q4: Canalysis

The network security market in the EMEA (Europe, Middle East and Africa) region has reached $674 million in the fourth quarter of 2011, increasing 9 percent, compared to the year ago quarter, says Canalysis, a research firm.

The western European region grew 9.7 percent on year-on-year basis, despite large declines in Southern Europe, while Russia and emerging markets in Central and Eastern Europe also stood strong.

Cisco remained the leading network security vendor in the EMEA region, growing 18.8 percent on year-on-year basis, and accounting for 26.6 percent of shipments by end-user value.

Check Point’s network security business grew 19.2 percent, making its market share reach reach 19.3 percent, while Juniper Networks’ revenue declined 14.6 percent on year-on-year basis.

”Organizations are coping with increasing numbers of personal smart phones and pads that are being brought into the workplace by employees. The need for more integrated solutions has also become paramount; tougher compliance regulations are forcing organizations to deploy broader security capabilities,” said Nushin Hernandez, analyst at Canalysis.

Leave a Reply

Your email address will not be published. Required fields are marked *