Published 15th January 2008
Web security appliances market will grow 30 percent per year; Need for protection within Web 2.0 environment propels new wave of Web security solutions...
SAN JOSE, CA—January 14, 2008—Secure Computing Corporation (NASDAQ: SCUR), a leading enterprise gateway security company, today announced that it has been named the worldwide market leader for Web security appliances, according to leading market research firm IDC. New data within the December 2007 IDC report, “Worldwide Web Security Appliances 2006-2011 Forecast and 2006 Vendor Shares” shows that Secure Computing owns 11.8 percent of the worldwide market over all other vendors, including Websense, Trend Micro and Symantec.
According to the IDC report, the Web security market consists of three distinct segments: software, appliances, and hosted services. The Appliances segment of the Web security market space reached $174 million in 2006 and is projected to hit $648 million within the next five years. IDC forecasts an estimated compound annual growth rate (CAGR) of 30 percent per year for the next five years. The Web security appliance sector is thereby projected to outpace the Web security software sector by a three to one ratio. With Secure Computing leading the way in the appliances space, the company is positioned to capitalize on this forecasted growth. Additionally, this leadership position validates efforts by the company to protect against and address growing Web 2.0 concerns.
In the fourth quarter of 2007, Secure Computing spearheaded the “Secure Web 2.0 Anti-Threat” (SWAT) initiative to help businesses implement a proactive security architecture that protects their environments as existing Web and messaging threats increase and new threats arise. As IDC states in the report, Web 2.0 protection is a major component of leading Web security practices and will continue to impact vendor solutions and customer demand.
“Secure Computing’s leadership in the Web security market is due to its ability to offer a complete portfolio of Web Gateway Security appliances which protect enterprises from Web 2.0 threats such as viruses, spyware, malware and Internet misuse. Through TrustedSource™ global technology, Secure Computing is able to profile millions of entities connected to the Internet worldwide and to provide a ‘reputation score’ that can be used to determine whether a connection to the network should be allowed to occur,” stated Brian Burke, program director for IDC. “Secure Computing also employs highly sophisticated heuristic and signature-based techniques for stopping malware.”
According to IDC, Web security includes Web filtering products, Web anti-malware products, Web application firewall products and Web content filtering products. Web security products are deployed on software, appliance and hosted service platforms. Web security products protect against both inbound (malware) and outbound (data leakage) threats.
Secure Computing’s leadership in this market is fueled by demands from enterprises for a comprehensive, integrated security solution that can help to meet a variety of security requirements with reduced cost and management complexity.
“Secure Computing has spearheaded the delivery of comprehensive Web security on appliances. Unlike the more limited legacy URL filtering solutions offered by the incumbents in the Web security market, our appliances provide key capabilities needed for web protection today, including malware protection, application control and advanced web filtering,” said Atri Chatterjee, senior vice president of marketing for Secure Computing. “Our leadership position in the fast-growing appliance segment also reinforces our strategy of offering protection to companies deploying Web 2.0 technologies. We believe this IDC report is an early indicator of a new wave in the Web security market.”