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Worldwide VPN and firewall revenue grew to $735M in 4Q02, totaling $2.7B in the full year, and is projected to reach $5B in 2006
March 3, 2003
1 Min Read
SAN JOSE, Calif. -- Worldwide VPN and firewall hardware and software revenue hit $735 million in 4Q02, totaling $2.7 billion in CY02, and is projected to reach $5 billion in CY06, according to Infonetics Research's quarterly worldwide market share and forecast service, VPN and Firewall Products. "Appliances and routers will carry growth in the VPN/firewall market through CY03 because of large site-to-site and broadband VPN deployments and related new firewall requirements," said Jeff Wilson, executive director of Infonetics Research. "The software market is becoming more and more dependent on software shipments bundled with appliances, for cost, ease of deployment, ease of management, and performance reasons." 4Q02 Highlights
The worldwide application-layer VPN gateway market is poised for explosive growth: 4Q02 revenue hit $18 million, and annual revenue is projected to top $1 billion in CY06
Cisco, Check Point/Nokia, and NetScreen are the three strongest players in the VPN/firewall appliance market, with NetScreen showing fastest revenue growth
VPN and firewall appliance hardware and software make up 64% of all VPN and firewall hardware revenue; software routers with integrated security are making strong headway with 24%
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