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Security appliance sector dip blamed on economy

News Article - Wednesday, June 18, 2008 11:35
Filed under: IT Security & Business Continuity
The security appliance market is continuing to grow, but the uncertain economy may cause the sector to decline.

IDC, the research firm, has predicted a decline in growth across the entire security appliance market in the first quarter (Q1) of this year is a reflection of spending globally, not of the sector, reports ITPro.

The western European quarterly security appliance tracker from the firm saw revenues in the sector reach $332.08 million (£169.4 million), a rise of 8.1 per cent compared to last year.

Romain Foucherau, IDC research analyst, said: "The decrease in the security appliance market was seen across all five workloads of the security appliance tracker and reflects the weakness of the general economy rather than the decline of a particular segment."

But certain areas of managed security, such as unified threat management, content management and intrusion protection systems, are still seeing growth, the website reports.

Research has revealed a threat from an insider is no longer the biggest managed security threat firms have to be concerned with, with external threats now being the most prominent.
ADN FCR/Onestopclick.com
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