Cahners In-Stat Report Finds Booming Firewall Market
Market research firm Cahners In-Stat Group says that the September11 terrorist attacks provided a definite boost to the security industry, andthe firm projects booming firewall revenues through 2005.
"The increasingparanoia among businesses since September has compelled companies to take amore serious approach to securing the enterprise network," says JaclynnBumback, an analyst with In-Stat.
Severalfactors are contributing to make security enterprise networks more difficult.They include fragmenting enterprises, widespread business partner connectivity,and increasingly sophisticated hackers, Cahners In-Stat finds.
In response tosome of those problems, Virtual Private Network (VPN) firewalls have become oneof the fastest growing segments of the enterprise security market, the groupsays.
Cahnersexpects end-user revenues in the space to reach $2.9 billion by 2005. Theanalyst firm identifies the top vendors in the market as SonicWall, WatchGuard,NetScreen, Cisco and Nokia. -- Scott Bekker