Expanding network perimeters boost sales of boxes that keep the bad guys out

12 February 2003 News

The ever expanding corporate perimeter, the expansion of wireless devices, and the increasing governmental attention to network security is driving the network security market, while other networking equipment markets continue to struggle.

This is according to market research firm In-Stat/MDR which reports that the overall network security market will reach $5,8 bn in 2006, up from $2,3 bn in 2001, with the firewall/VPN segment representing the largest hardware security perimeter market. Further integration of security features into combination boxes will keep shipments strong through 2006. In addition, intrusion detection systems and dedicated VPN devices will also experience healthy growth.

"Keeping the bad guys out of the corporate network continues to be a challenge for organisations of all sizes," says Jaclynn Bumback, an Analyst with In-Stat/MDR, "Fortunately, firewalls, virtual private networks (VPNs) and intrusion detection systems (IDS) work to protect the corporate border."

Remote access is the top security budgetary items for 2003, with many plans to expand the network perimeter. 2003 will bring an increasing use of VPNs and secure virtual intranets/extranets to connect employees, partners, and customers.

Further reading:

Electronic News Digest
News
A brief synopsis of current global news relating to the electronic engineering fields with regards to company finances, general company news, and engineering technologies.

Read more...

---

Jemstech to produce PCB assemblies for Kamstrup
Jemstech News
Jemstech is pleased to announce that they have successfully concluded a supplier agreement with Kamstrup A/S in Denmark, a leading supplier of intelligent metering solutions in the global market.

Read more...

---

New appointments at Hiconnex
Hiconnex News
Hiconnex, a leading provider of electronic components and solutions, has announced key appointments to support its continued growth and commitments to its clients.

Read more...

---

FoundriesFactory service more affordable for smaller OEMs
News
Foundries.io has announced a new, tiered pricing scheme which reduces the cost of its highly regarded FoundriesFactory service for OEMs in the development phase of a new edge AI or Linux OS-based product.

Read more...

---

DMASS 2024 results
News
The semiconductor business faced a severe downturn, with a 31,9% decrease compared to 2023 and a 30,3% drop in Q4 2024 compared to the same period last year.

Read more...

---

Using satellite comms to end copper theft
News
According to Transnet COO Solly Letsoalo, the scourge of copper theft could be a thing of the past by eliminating the use of copper cabling and switching to a satellite communication system.

Read more...

---

Strategic merger: Etion Create and Nanoteq
Etion Create News
Reunert has announced the successful merger of two business units within the Applied Electronics Segment, namely Etion Create and Nanoteq, effective 1 October 2024.

Read more...

---

Securex South Africa 2025
Specialised Exhibitions News
Securex South Africa 2025 is co-located with A-OSH EXPO, Facilities Management Expo, and Firexpo to provide a time-saver for visitors looking for holistic solutions for their facilities.

Read more...

---

Chinese AI causes Silicon Valley stocks to tumble
News
Many stocks took a downward spike, with Nvidia being the hardest hit, losing 16,9% after one day’s trading.

Read more...

---

Silicon Labs 4th quarter results
News
Silicon Labs has reported financial results for the fourth quarter with highlights including a total revenue of $166 million and Home & Life revenue up 11% to $78 million.

Read more...

---