Cisco lost market share in network security appliances and software in 1Q09

Juniper, Check Point and Fortinet all gained market share in 1Q09.

Jeff Wilson - network security analyst at Infonetics Research, provides further details on why Cisco has lost market share in network security: "Cisco is the revenue-leading vendor overall with 38% of total network security appliances and software in 1Q09 (down 2.8 points from 4Q08); Cisco has held this share position since CY02; they've been a strong leader in this market for a long time now, and the main reason for their strength (their ability to sell the total solution and attach security sales to network infrastructure sales) is also the main reason for the huge decrease in their revenue (a 20% drop) in 1Q09; security sales will come back for Cisco (they noted that security attach rates to routers didn't decrease at all, and their content security revenue actually grew in 1Q09); we expect that by between 3Q09 and 4Q09 they'll be back to 4Q08 levels for security revenue. Juniper and Check Point are second and third with 10.4% and 9.5% respectively. Both felt the pinch in 1Q, but neither felt it as bad as Cisco did." Related story: Cisco losing share across the board: analyst


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