Asia-Pacific Network Security Market Q2 2017 Tracker

Transformation of Legacy Network Architecture Drives the Demand of Data Center Grade Firewall
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Published: 24 Nov 2017

The Asia-Pacific network security market achieved a YoY growth of 14.8% in Q2 2017. It was better than that in the previous year which grew 11.9% in the same quarter. The transformation of legacy network architecture into Software-defined Networking (SDN) and the replacement trend of Multiprotocol Label Switching (MPLS) by SD-WAN continue to drive the demand of data center grade firewall. In Q2 2017, the Service Provider, Government and BFSI verticals remained the top 3 spenders in the market with the combined contribution of more than 60% of the total revenue. The large business segment grew by 12.6% YoY, while the small-and-medium business segment grew slightly stronger at 19.0% YoY. Large businesses continue to be the largest adoption of network security. Research Scope: This tracker provides an analysis of the total network security market in the Asia-Pacific region for Q2 2017 (April to June) period. Market trends such as vendor performance, vertical market splits, and enterprise-size splits are analyzed in this study. The countries included in this study are Australia, New Zealand, Singapore, Malaysia, Indonesia, the Philippines, Thailand, Vietnam, China, Hong Kong, Taiwan, India, Japan, and South Korea. This study is segmented to three key focus areas which covered firewall, Secure Sockets Layer Virtual Private Networking (SSL VPN) and Intrusion Detection System (IDS) & Intrusion Prevention System (IPS). Vertical segmentation in this study includes the government; banking, financial services, and insurance (BFSI); service provider; healthcare; manufacturing; education; and other sectors. The customer segmentation includes large enterprises with more than 500 employees as well as small and medium-sized businesses with less than 500 employees. Companies mentioned in this tracker include Check Point, Cisco, Fortinet, Palo Alto Networks, IBM Security, Pulse Secure, Sangfor, F5 Networks, Huawei, Venustech, TopSec, Juniper Networks, NSFOCUS, SonicWall, WatchGuard Technologies and other vendors.

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      Network Security Market Q2 2017 Tracker

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