Security Hardware

Our blog articles often focus on cyber security, especially from the software point of view. When it comes to cyber security, however, we should not underestimate the equally important security hardware – the topic of today’s analysis.

First of all, we must define what exactly falls into the security hardware category. The largest representation worldwide belongs to the Unified Threat Management (UTM), i.e. hardware security gateways. Firewalls, VPN, IPS systems, and many others also belong to this category.

According to the latest IDC study, the worldwide security hardware market has grown by 9.6% during the first half of 2015, compared to the first half of 2014. The total value is $4.9 billion. The number of units sold during the same period has risen by 8.8% to $1.1 million units sold. Interestingly, the value of this market has been growing continuously in the past twenty-three quarters, and the number of units sold for seventeen quarters in a row.

The security hardware market in the United States alone represents nearly 42% of the global market, with a 17.8% year-on-year growth in the second quarter of 2015, which is high above the worldwide average. Compared to the USA, the security hardware market is growing very slowly, with the mere pace of 2.3%.

The biggest players in the market are Cisco, Check Point, Palo Alto Networks, Fortinet and Blue Coat.