India Firewall Market shipments value reached US$7.1 million

India Firewall Market shipments value reached US$7.1 million in CY Q1 2014. FORTINET led the market.

Posted On: 2014-08-01

Firewalls have become an ideal network security solution in India as a result of growing penetration of internet resulting in an increasing number of hacking outbreaks. According to 6Wresearch, India Firewall Market shipments value reached US$7.1 million in CY Q1 2014. FORTINET led the market followed by CISCO. FORTINET has gained significant market share due to their hardware expertise and competitive product prices.

Table: India Firewall Market, By VPN Throughput

Source: 6Wresearch Quarterly India Firewall Market, CY 1Q 2014.

Key Highlights

Top three players constituted to 76% share of the India Firewall market

More than 20 vendors shipped Firewalls

Firewall with WLAN feature captured 24% market share

The india Firewall market has become one of the largest and mature security market in India. Increasing number of threats and rising enterprise demand for mobility has resulted manufacturers to offer new security features and capabilities. Further, advancement in cyber laws globally have compelled organizations to implement advance security systems and incur additional firewall investments. The Indian Firewall market is expected to demonstrate significant growth as players are introducing innovative technologies and increasing their promotional expenditure.

Lack of network awareness among the consumers and low expenditure on security remains one of the major restraints in the India Firewall market. Additionally, recent adoption of virtualization, cloud computing, and mobile devices in the enterprise networks have already introduced new security threats and further increased the demand for Firewall in India.