Latest Analyst Market Data Shows WatchGuard as the #1 Multifunction Security Appliance Vendor for 15 Consecutive Quarters; Leads with 18.8 Percent Market Share
SEATTLE – December 20, 2011. WatchGuard® Technologies, a global leader in business security solutions, today announced the results of Infonetics’ market research for Q3, 2011, which shows WatchGuard as the leading vendor with 18.8 percent market share in the integrated security appliance category of $1,500 to $4,999 price band – a prime market segment for small and midsize businesses. This marks the 15th straight consecutive quarter in which WatchGuard has held the top position in this market.
Additionally, WatchGuard notes strong upward movement in two adjacent categories. Here, revenue of WatchGuard UTM security appliances in the $5,000 to $9,999 price band grew 31.7 percent quarter over quarter, and in the enterprise segment of $10,000 to $29,999, WatchGuard rose 65.7 percent quarter over quarter.
“WatchGuard’s 3Q results reinforce a key point about the company; even though they’ve expanded their product and technology offerings significantly over the last 2 years, they remain committed to their core market. They haven’t forgotten who brought them to the dance,” said Jeff Wilson, Principal Analyst, Security at Infonetics.
“For several years now, WatchGuard has consistently been the number one UTM choice among small and midsize businesses due to the fact that no other vendor offers the same level of security, performance and value than WatchGuard,” said Eric Aarrestad, Vice President of Marketing at WatchGuard Technologies. “As evidenced by this latest analyst report, mid-market and enterprises are deploying WatchGuard security appliances at a faster rate than the market in total, which means larger businesses are turning to WatchGuard for their next-generation firewall needs.”
WatchGuard – Multifunction Security Appliance Leader
New innovations keep WatchGuard ahead of the pack. For example, one of the latest features available in all new WatchGuard’s security appliances is the ability to create secure connectivity for Apple mobile products, specifically iPhone®, iPad® and iPod touch® devices. This helps businesses address the ever-growing challenge of securing BYOD (Bring Your Own Device) in corporate environments.
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