Cisco Battered By Large Fall In Security Market

Thursday Mar 18th 2010 by Datamation.com Staff
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In the fourth quarter, Cisco's market share for security products dropped by 22 percent.

NetworkWorld: According to market analyst Canalys, Cisco's market share for security products dropped 22 percent in the fourth quarter. Strikingly, Cisco was the only major vendor to show declines, and the overall market grew by 3.6 percent.

"It [Cisco] is still the dominant vendor in the appliance market, with a market share of 27.7 percent. But its competitors, such as Juniper, are catching up." said Canalys analyst, Alex Smith.

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