VPNs set the market on fire

Share this article:

The firewall and VPN business will be worth $843 million by the end of next year, according to a new survey. With hardware and software revenue increasing by 2 percent through 2004, projected figures for 2005 suggest growth will increase to 16 percent.

"Secure Sockets Layer (SSL) VPN's are starting to come into their own now and make a real impact on the market," said Jeff Wilson, principal analyst at Infonetics Research , that carried out the study. "Many vendors are positioning them for internal security and company-wide secure application access, which broadens the target market significantly."

By 2007 annual revenue for VPN and firewall appliances is expected to reach $3.6 billion.

Six months ago Infonetics released a report which suggested Multi-protocol label switching (MPSL) and SSL VPNs were likely to challenge IPSec hegemony in the VPN arena. Between 2004 and 2006 SSL use will double, the report said, driven by ease of use and lack of client software. SSL VPNs account for 5 per cent of this market at present.

The Infonetics study also rounded up the trends over the last year. Cisco remains the market revenue leader, followed by Check Point and Juniper.

www.infonetics.com

Share this article:
You must be a registered member of SC Magazine to post a comment.

Sign up to our newsletters

TOP COMMENTS

More in News

Adobe exploit used to spread Dyre credential stealer

Adobe exploit used to spread Dyre credential stealer

Users running vulnerable Adobe software could be in danger of having credentials for Bitcoin websites stolen.

Staples is investigating a potential issue involving credit card data

Staples is investigating a potential issue involving credit ...

The company said it is investigating a potential issue involving credit card data and that customers are not responsible for fraudulent activity on cards if an issue is discovered.

Skills set a priority over legacy prejudices, experts say

Skills set a priority over legacy prejudices, experts ...

Cybersecurity expert Winn Schwartau and Robert Clark, a cyber law attorney at the Army Cyber Institute, discussed issues around hiring in the information security industry.