Home Market Updates IDC: African security appliance market declines in Q1 2014

IDC: African security appliance market declines in Q1 2014

IDC: African security appliance market declines in Q1 2014
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The security appliances market in Europe, Middle East and Africa (EMEA) slowed down in the first quarter of 2014, according to the International Data Corporation’s (IDC) Europe, Middle East and Africa Quarterly Security Appliance Tracker.

The market value reached $785.5 million a 1.4 percent decline compared with the same quarter in 2013. Total shipments also fell by 2.3 percent, with 171,359 units shipped.

According to the report, Unified threat management (UTM) was the largest security appliance product group in the first quarter of 2014 and the only class to see growth in the quarter. UTM appliances increased 16.1 percent compared with the same quarter in 2013, to represent 48.7 percent of the total market value.

“The security appliance market in Europe, the Middle East, and Africa slowed down in 1Q14 despite a lively industrial production recovery both in Western and Eastern Europe,” said Oleg Sidorkin, senior research analyst at IDC.

“We expect overall demand for security appliances to recover in the next quarters, though the political instability in Ukraine and the economic recession in Russia, one of the most dynamic markets in the past, will have an impact on market development”, according to Sidorkin.

 

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Kayode Oladeinde Technology Journalist at Technology Times. Mobile: +234 (0) 7031526929

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