In 2014 the value for the Australian security appliance market reached $191 million and this is only set to grow, according to the IDC Australia Security Appliance Tracker.
In fact, during the next five years this market is expected to accelerate by approximately 15% year-on-year to reach US$390.5 million by the end of 2019.
“Although most expect the security appliance market to shrink, Australia sees strong adoption.
"Technology buyers are either complementing their existing installation, or purchasing a ‘start off kit’ to comply with the legal security requirements, says Lydie Virollet, IDC software and security market analyst.
Cisco secured the top position in 2014 on the overall security appliance vendor market with 21% value share.
Check Point and Blue Coat tried to close the gap with the leader and ended the year with respectively 13% and 12% market share.
Palo Alto Networks had 9% of the market and Juniper was the fifth largest security appliance vendor with 6% of market share.
“The market is now dividing into two: vendors who provide a complete security suite thanks to in-house capabilities or investments, and those who partner to provide their customers with a suite composed of best-of-breed products,” Virollet says.