Network Security Revenues Show Resiliency
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Year-end results for 2008 demonstrate that worldwide network security revenues were fairly resilient against the economic downturns as enterprises and service providers continued to invest in security products to meet security compliance obligations, transition to more robust technologies, and invest in integrated solutions to improve TCO. 2008 revenues rose 9%
to $6.1 billion from $5.6 billion in 2007.
Three market segments reported double-digit growth: HE
Hybrid grew 27% to $927 million while Cisco gained 4 market share
points; Secure Routers increased 10%
to $1.4 billion while Juniper gained
4 market share points; and SSL VPN grew 11% to $391 million while each
of the top three market share leaders each increased share.
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