As hackers are developing business models and customer service departments, it should probably come as no surprise that network security is doing well.
According to a recently released Infonetics Research study, the network security sector has continued to grow through 2006 and is expected keep going.
The big winners were the secure router sector, which continued to dominate worldwide sales, claiming a 25% increase through 2005 and 2006 and passing the $1 billion mark. Cisco retained its position as market leader (unsurprisingly), with Juniper and Check Point tying for second.
Before channel pros pop the corks on their champagne bottles over their network security appliance and software accounts, they should know that appliance revenues are expected to slow significantly in the face of rising content security gateway demands.
Between now and 2010, content security appliance revenues are projected to grow 168% worldwide, reaching $2.3 billion in 2010. Content security software is also expected grow steadily, though the lack of interest from small and midsized businesses will keep those numbers from jumping off the charts.