The Worldwide Security Appliance Market Ends 2023 with a Stable Fourth Quarter and Annual Revenue Growth of 5.2%, According to IDC
According to the International Data Corporation ( IDC ) Worldwide Quarterly Security Appliance Tracker , total market revenue in the worldwide security appliance market reached $17.6 billion for the full year 2023, an increase of $868 million compared to 2022.
- According to the International Data Corporation ( IDC ) Worldwide Quarterly Security Appliance Tracker , total market revenue in the worldwide security appliance market reached $17.6 billion for the full year 2023, an increase of $868 million compared to 2022.
- The fourth quarter (4Q23) remained relatively flat with total market revenue of $4.96 billion, an increase of 0.8% on a year-over-year basis, while security appliance shipments totaled 1.2 million units in the quarter.
- IDC completed an update to its Security Appliances taxonomy and applied these changes in the first quarter of 2023.
- Top 5 Companies, Worldwide Security Appliance Total Market Revenue, Market Share, and Growth, Fourth Quarter of 2023 (revenue in US$ millions)