The enterprise security market is both growing rapidly and evolving fast as the demand for compliance drives adoption of new technologies. Researchers at Canalys say the value of the enterprise security market in Europe, the Middle East and Africa rose by 27% in the third quarter of 2004 compared to the same period in 2003, to hit E420 million (£295 million).
Cisco retained its leadership of the sector, although it saw a drop of 2% in its share from 20% in the third quarter of 2003. The most staggering growth over the year came from Nokia, where the value of shipments grew by over 58%, taking it into third place with 8% of the market. That still leaves it well behind Symantec, however, which held its share at around 16%.
One major driver is concern about complying with measures such as the Sarbanes-Oxley Act and Basel II. Related to that, spend on intrusion protection products grew by 74% during the third quarter and demand for authentication tools increased by 351%, says Canalys.
° Organisations are increasingly looking to security appliances to solve some of their network access headaches – at the expense of more mature security standalone technologies such as firewalls and virtual private networks (VPNs).
Revenue for security appliances in the third quarter of 2004 grew 54% to reach $155 million worldwide, says market watcher IDC. During the quarter, its researchers observed that newer, less-established security appliance categories, such as intrusion detection and prevention (ID&P) appliances and unified threat management (UTM) appliances, were capturing further share from the firewall/VPN category, which still dominates with a 71% slice of the revenue pie.
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