Fortinet announced that as per IDC’s latest Worldwide Quarterly Security Appliance 4Q21 Tracker Fortinet continues the global leadership by consistently shipping the most security appliances than any other vendor for nine consecutive years and accelerating revenue growth faster than competitors.
- During the complete year of 2021, Fortinet saw appliance shipments increase by 31.4% year-over-year, earning 36.8% unit market share for the combined firewall, UTM and VPN markets only.
- Fortinet accounts for over one-third of all firewall/UTM shipments.
- The 4Q21 IDC Tracker demonstrates that Fortinet accelerated its revenue growth for the total security appliance market year-over-year in the fourth quarter at 20.9%, outpacing the overall market growth for all vendors of 9.7%.
John Maddison, EVP of Products and CMO at Fortinet said, “Fortinet’s continued leadership demonstrates strong adoption of our innovative technology solutions and overall fast growth. FortiOS is the foundation for our appliances, delivering built-in network and security convergence, dynamic network segmentation, automation, and natively integrated Zero Trust Network Access and SD-WAN capabilities. Our purpose-built Security Processing Units, or ASICs radically increase the performance, scale, and efficiency of Fortinet appliances while improving the user experience for applications across today’s hybrid networks.”
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