According to IDC, Revenue from Niche Solutions Will Drive Network Security Appliances Market Growth in South Africa.

Progressively, it becomes obvious that, with new and complex cyber threats expected to increase in the next five years, innovations will surround niche solutions such as signature-less protection across multivectors and in near real time, cloud network security, and appliances designed to protect data based on a combination of inherent vulnerability and potential exploits.

Despite the fact that, Enterprises are faced with insufficient funds and lack of in-house expertise, Connectikpeople.co thinks that, it is imperative to put in place an organization-wide threat management process framework to intelligently detect and manage advanced persistent threats (APTs) in house and/or via third parties. Besides threat detection and mitigation components, network monitoring and reporting by leveraging data analytics applications to compare normal and abnormal network states will be essential components of the intelligent framework.

According to IDC, the value of the South African security appliances market grew 0.8% year on year in Q3 2013 to reach $12.07 million. IDC predicts that the value of the market will record a compound annual growth rate (CAGR) of 7.6% over the next five years, increasing from $48.36 million in 2012 to $69.87 million in 2017.

Connectikpeople.co can also observe that:

·        Fortinet, CheckPoint, Juniper, and Cisco retained their leading positions in the market, collectively representing 58.3% of market value share in Q3 2013,

·        Firewalls and unified threat management (UTM) appliances continue to be the primary components of the network security appliances market, respectively; these two appliances generated 21.9% and 45.5% of total market revenue in Q3 2013,

·        The corresponding revenue generated by content management (16.4%) and intrusion detection and prevention (IDP) appliances (14.3%) is expected to overtake increasingly commoditized firewalls (14.1%) in 2017,

·        In Q3 2013, 2,690 units of network security appliances were shipped to South Africa,

Total shipment volume is expected to increase from 10,691 units in 2012 to 15,888 units in 2017, representing a CAGR of 8.3%.

About the Research

IDC's EMEA Quarterly Security Appliance Tracker provides total market size and vendor shares for security appliance technologies in an easy-to-use pivot table format. The tracker covers 42 countries across Western Europe, Central and Eastern Europe, and the Middle East and Africa. The security appliance market is further segmented by function, sub-function, price band, family, model, server class, and operating system.

About IDC

IDC leads the ICT innovation discussion through events, research, and consulting. For nearly five decades it has been giving ICT and business professionals data and insight for making strategic and practical decisions. IDC is a subsidiary of IDG, the world's leading technology media, research, and events company. Learn more at www.idc.com.