REDWOOD CITY, Calif., Dec. 15, 2020 /PRNewswire/ -- According to a recently published report from Dell'Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, enterprise cloud transformation fueled strong growth in the $1 B Web Application Firewall (WAF) and $2 B Secure Web Gateway (SWG) markets year-over-year (Y/Y) in 3Q 2020.
"The pandemic has accelerated enterprise transformation and increased the attention on web app security and remote user access," said Mauricio Sanchez, Research Director, Network Security and Data Center Appliances. "As apps move to the cloud, they need additional levels of protection, for which WAFs have become a vital tool. On the flipside, with most employees working remotely, legacy VPN architectures are no longer adequate. SWGs are replacing them as the preferred user onramp and enabling Secure Access Service Edge (SASE) applications."
Additional highlights from the 3Q 2020 Network Security & Data Center Appliance Quarterly Report:
- WAF revenue accelerated 28 percent Y/Y. Akamai, Cloudflare, F5 Networks, and Imperva were the top four vendors.
- SWGs revenue grew 21 percent Y/Y. Symantec, Zscaler, and Cisco were the top three vendors.
- The $9 B Firewall market continued under pressure by the pandemic and registered anemic growth of 1 percent Y/Y. Virtual Firewalls were a bright spot with a 26 percent Y/Y gain with Palo Alto Networks continuing to hold the top spot by revenue share.
About the Report
The Dell'Oro Group Network Security & Data Center Appliance Quarterly Report includes manufacturers' revenue, unit shipments, and average selling price projections for the Network Security and Application Security & Delivery markets covering the Firewall, Secure Web Gateway, Email Security, IDS and IPS, Web Application Firewall, and Application Delivery Controller product segments. The report also splits each product segment by form factor: physical appliance, virtual appliance, and software-as-a-service (SaaS). To purchase this report, please contact us at [email protected].
About Dell'Oro Group
Dell'Oro Group is a market research firm that specializes in strategic competitive analysis in the telecommunications, networks, and data center IT markets. Our firm provides in-depth quantitative data and qualitative analysis to facilitate critical, fact-based business decisions. For more information, contact Dell'Oro Group at +1.650.622.9400 or visit https://www.delloro.com.
SOURCE Dell'Oro Group
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