“The shift to a cloud-centric IT architecture created a seismic shift in how enterprises consume network security technology with virtual- and SaaS-based network solutions grabbing the limelight,” said Mauricio Sanchez, Research Director at Dell’Oro Group. “In a world where applications, data, and users are all over the globe, the traditional approach of deploying hardware just doesn’t cut it anymore, and it’s the flexibility and agility of software and cloud-delivered form factors that are the better fit for the modern enterprise,” added Sanchez.
Additional highlights from the 1Q 2023 Network Security Quarterly Report:
Zscaler, Palo Alto Networks, and Akamai owned over a third of the network security market consisting of virtual- and SaaS-based solutions.
Zscaler was the top vendor in the SSE market, which is entirely SaaS-based (cloud-delivered).
Palo Alto Networks cracked into the top three due to its strong performance in the SSE and virtual firewall markets.
Akamai was the leading vendor in the SaaS-based WAF market.
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