Wed. Oct 4th, 2023

According to the International Data Corporation (IDC) Worldwide Quarterly Security Appliance Tracker, total market revenue in the overall security appliance market grew 7.6% year over year in the second quarter of 2023 (2Q23) to more than $4.2 billion.

This represents a $298 million increase compared to the same quarter in 2022. In the same period, security appliance shipments grew 22.0% year over year to 1.1 million units.

IDC completed an update to its Security Appliances taxonomy and applied these changes during the first quarter of 2023.

This resized the market by removing revenues associated with software and services that don’t qualify for reporting within the new hardware-focused market view.

The 2Q23 Security Appliance Tracker release includes new figures, Vendor Revenue (new hardware revenue), and Renewals/Firmware update revenue, which were introduced during the previous cycle, 1Q23. IDC will use the figure “Total Market Revenue” to calculate market share going forward.

The performance of the combined Unified Threat Management (UTM) and Firewall markets drove the growth of the overall market in 2Q23 with revenue growth of 9.7% compared to 2Q22.

The Intrusion Prevention Systems (IPS) market grew 2.3% year over year, while Content Management and Virtual Private Networks (VPN) both experienced single-digit year-over-year decline in the quarter.

“Supply chain constraints that have impacted the hardware-based markets continue to improve and IDC expects the Security Appliance market to maintain a healthy rate of growth in the years ahead as hardware-based security platforms remain a key component in a customer’s cybersecurity investment strategy,” said Carlo Dávila, research manager, Enterprise Trackers at IDC.

Regional Highlights

From a regional perspective, the Europe, Middle East and Africa (EMEA) region delivered a strong performance in the second quarter of 2023, growing revenues 11.8% compared with the same quarter in 2022. The Americas region grew 10.3% with healthy grow of 8.6% in the United States and very strong results in Canada and Latin America, both showing over 20% growth in the second quarter.

Top 5 Companies, Worldwide Security Appliance Total Market Revenue, Market Share and Growth, Second Quarter of 2023 (revenue in US$ millions)

Security Appliance Market Tracker

Source: IDC

IDC’s Worldwide Quarterly Security Appliance Tracker provides the total market size and vendor share, along with a five-year forecast, for the following technology categories (content management, IDP, traditional firewall, unified threat management, and VPN) and products (messaging security, web security, IDS, IPS, traditional firewall, unified threat management and SSL VPN).

Geographic coverage includes nine regions and 48 countries. Measurements for this tracker are in units, vendor revenue, and value.
The post Security Appliance Market Grew 7.6% in Q2 2023 Led by Double-Digit Growth in EMEA appeared first on Digital.


Hello, from Your Web Company .We have  PROFITABLE domains that are currently on sale that you might be interested in !


Whatsapp 2348064950565



Average Google Search Results for these domains is: 846,000
You can easily redirect all the traffic this domain gets to your current site!


SWORDPRESS ! 5,000 Daily page views Advertise from 10,000 naira daily on africa's leading trending news search engine and investigative blog

Buy Now Start Profit


Anytime someone types these premium domains like  Online, or any other phrase with this keyword into their browser, your site could be the first they see!

The Internet is the most efficient way to acquire new customers

Avg Google Search Results for these domains is: 846,000
You can easily redirect all the traffic this domain gets to your current site! appraises these  domains at a range of 500 to  $1,969.

Priced at only $200 for a limited time! If interested please go to and select Buy Now, or purchase directly at
Act Fast! First person to select Buy Now gets it!

Thank you very much for your time.
Best Regards,

Abi John Balogun



Buy Now Start Profit

This will close in 20 seconds