Description

While the APAC network security market grew by 11.4% YoY, it declined by about 16.4% QoQ. This was a result of very strong Q4 performance last year. Overall, the security demand remained pretty high particularly from Service Provider and Government segments, showing a sturdy YoY growth. Technology and business convergence steps up the demand for security services on the whole. Cloud services continued to catalyze the adoption of NWS services and virtualization was particularly seen to be a high growth domain. As expected, a gradual translation toward integrated platforms and services is observed and the same is most likely to accelerate in the coming quarters.