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Network Security to Skyrocket

Worldwide network security appliance and software sales are forecast to grow 30% between 2005 and 2009, when it will reach $5.1 billion

CAMPBELL, Calif. -- Worldwide network security appliance and software sales are up 2% to $1.1 billion between the first and second quarter of 2006, and is forecast to grow 30% between 2005 and 2009, when it will reach $5.1 billion, according to Infonetics Research's latest Network Security Appliances and Software report.

"It was a quiet quarter for the network security market once again, with most of the major players showing no or single-digit growth or small declines," said Jeff Wilson, principal analyst for network security at Infonetics Research. "Cisco had a down quarter overall, but posted gains in the secure router segment, which impacted their results in the price-banded appliance categories and in the intrusion detection and prevention categories. The market continues to commoditize as new vendors bring creative, affordable solutions to the table, driving costs down and competition up."

Infonetics Research Inc.

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