Infonetics Reports that Juniper Networks Has 57 Percent of the SSL VPN Market; Leads in Intrusion Detection and Prevention Unit Shipments.
Juniper Networks today announced that it has grown its market share leadership position in the Secure Sockets Layer Virtual Private Network (SSL VPN) market, according to Infonetics Research, Inc.’s “VPN and Firewall Appliances and Software Quarterly Worldwide Market Share and Forecasts for 2Q04” report published recently.
According to the Infonetics report, Juniper Networks garnered 57 percent revenue market share within the SSL VPN product category during 2Q04, in a market forecasted to reach $466 million by CY07. The company’s market share leadership has continued to grow, including from Q104 when Infonetics reported that Juniper Networks owned 45 percent revenue market share.
“Juniper had another great quarter, particularly in application security gateways (SSL VPNs), a market that they are beginning to run away with. Worldwide SSL VPN revenue grew 10 percent between the first and second quarters this year, and will grow 92 percent by 2Q05; between 2003 and 2007, we project annual revenue to jump 467 percent,” stated Jeff Wilson, senior analyst at Infonetics Research. “Juniper is not only excelling with its core routing and secure access products, it is also experiencing growth in sales of its intrusion detection and prevention solutions.”
Krishna “Kittu” Kolluri, general manager and vice president, security products group at Juniper Networks, said, “Our lead in the SSL VPN market continues to grow because enterprises share our vision for ubiquitous secure access. The Juniper Networks SSL VPN products continue to standout from the crowd, offering enterprises significant technology enhancements for remote employee, partner and customer access to network resources, and deep integration with key vendors for a layered security approach. We are proud to see our SSL VPN innovation and sales efforts rewarded with unrivaled market leadership, as measured by Infonetics Research.”
In a related Infonetics report titled “Intrusion Detection and Prevention System Products — Quarterly Worldwide Market Share and Forecasts for 2Q04,” Juniper Networks was recognized as the unit shipment leader with 37 percent market share in the network-based in-line intrusion detection and prevention products (IDP) market. This demonstrates Juniper Networks momentum in the market and the increasing recognition of the value of its NetScreen IDP products, which provide the ability to detect and prevent application-level attacks, in a single device, in real-time before they reach the intended victims.
The “VPN and Firewall Appliances and Software Quarterly Worldwide Market Share and Forecasts for 2Q04” report provides an in-depth analysis of the VPN and firewall markets for Q204, including worldwide and geographic regional results, market assumptions and drivers, as well as forecasts for each market. The “Intrusion Detection and Prevention System Products (IDS/IPS) — Quarterly Worldwide Market Share and Forecasts for 2Q04” report provides an in-depth analysis of the IDS/IPS markets for Q204, including worldwide and geographic regional results, market assumptions and drivers, as well as forecasts for each market.
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