Market Research firm IDC has named Fortinet overall Unified Threat Management (UTM) market leader for 2006.
New data within the November 2007 IDC report, “Worldwide Threat Management Security Appliances 2006-2011 Forecast and 2006 Vendor Shares: Still Stacking the Racks,” shows that Fortinet owns 14.4 percent of the worldwide market over its competition that includes Check Point, Cisco, Crossbeam, Juniper and SonicWall.
According to the IDC report, the UTM segment of the Threat Management Security Appliance category reached 967 million dollars for 2006 with a 42 percent annual growth rate – the fastest growth rate of any of the Threat Management Security Appliance submarkets.
IDC forecasts that by 2011, UTM will account for nearly 50 percent of the overall network security market, and will demonstrate an estimated compound annual growth rate (CAGR) of 26.2 percent.
“Past UTM market growth was primarily driven by small- to mid-enterprises adoption, however for 2006 market growth saw an increasing demand by large enterprises for comprehensive security solutions ” said Charles Kolodgy, research director for security products at IDC.
“Fortinet’s leadership in the UTM market is fueled by its ability to provide enterprise-class appliances that deliver true integration of multiple security applications and services, as well as integration of routing and switching, all managed from a single GUI. In the future, enterprises will demand strong security that includes networking, rather than having two separate devices, or a networking device that only incorporates adequate security.”
According to IDC, UTM security appliance products include multiple security features integrated into one device. To be included in this category, as opposed to other Threat Management appliance segments, UTM appliances must contain the ability to perform network firewalling, network intrusion detection and prevention, and gateway antivirus. All of the capabilities need not be utilized, but the functions must exist inherently in the appliance. In addition to the mandatory applications, UTM appliances may also host other security or networking features.
“We are very pleased with our continued UTM market leadership position and committed to continuing to innovate in this arena,” said Ken Xie, founder, president and CEO of Fortinet. |
