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Global
News
September
15, 2003
Worldwide revenue for SSL hardware
hit US $9 million in Q2-03
UNITED
STATES -- According to Infonetics Research's quarterly
market share and forecast service -- SSL and intelligent
traffic delivery products, worldwide revenue for layer
4-7 switches and load balancers reached US $118 million
in Q2-03, a small drop from Q1-03, and will likely grow
at low single digits through Q1-04 and hit US $545 million
in 2006. Worldwide revenue for dedicated SSL hardware,
including dedicated SSL appliances and SSL server peripheral
cards, hit US $9 million in Q2-03, up from US $8 million
in Q1-03, and is likely to touch US $42 million by 2006.
Q2-03
layer 4-7 switch/load balancer market highlights:
- Cisco
is the worldwide leader in layer 4-7 switch/load balancers
without SSL, with 40 percent revenue market share
and 46 percent port market share;
- F5
is the worldwide leader in layer 4-7 switch/load balancers
with SSL, with 47 percent revenue market share and
45 percent port market share; and
- There
was strong revenue and unit shipment growth across
all product categories in North America. It has 47
percent of the layer 4-7 switch/load balancers without
SSL revenue, and 54 percent of the layer 4-7 switch/load
balancers with SSL revenue, and EMEA (27 percent and
24 percent, respectively) indicating improved spending
patterns in these geographies after weak results in
Q1-03. Results for APAC in Q2-03 were mixed, which
is partially due to the slowed economic activity due
to SARS
Q2-03
SSL hardware market highlights:
- The
clear winner in the worldwide dedicated SSL appliance
category was Nortel, who captured 44% revenue market
share and 26 percent unit share;
- nCipher
leads in the total server peripheral card category,
and HP maintains second place for both revenue and
unit shipments; and
- North
America, which already accounts for 63 percent of
worldwide revenue share, will see increased spending
for SSL acceleration hardware in 2003, particularly
for FIPS certified dedicated SSL appliances and server
peripheral cards; the US government pulled back the
curtains on its IT budget, and a significant part
of that budget is earmarked for security.
Neil
Osipuk, lead analyst of the report, said: "We expect
the layer 4-7 switch/load balancer market to be mixed
throughout 2003, with revenue from layer 4-7 switch/load
balancers without SSL declining, and revenue from layer
4-7 switch/load balancers with SSL growing strongly.
Given the expected low growth in the layer 4-7 switch/load
balancer market, companies like F5 are looking to higher
growth opportunities in adjacent markets, which is part
of the motivation behind their recent acquisition of
the SSL VPN company uRoam. Nortel has also added SSL
VPN functionality to its Alteon portfolio."
SSL
and intelligent traffic delivery products track server
peripheral cards, dedicated SSL appliances with or without
FIPS, layer 4-7 switches and load balancers with or
without SSL. Updated quarterly, the forecasts cover
all regions including North America, EMEA, Asia Pacific,
and CALA. Companies tracked in this service include
AEP, Broadcom, BlueCoat, Cisco, Dell, F5, Foundry, Hewlett-Packard,
nCipher, NetScaler, Nortel, Radware, SonicWALL, and
others.
Contact:
Infonetics Research
Tel: +1-408-298-7999, Ext: 227
neil@infonetics.com
www.infonetics.com
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