Fortinet Leads in Security Appliance Shipments for 9 Consecutive Years, According to Leading Analyst Firm
SUNNYVALE, Calif., March 30, 2022 (GLOBE NEWSWIRE) --
John Maddison, EVP of Products and CMO at Fortinet
“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.”
News Summary
Fortinet® (NASDAQ: FTNT), a global leader in broad, integrated, and automated cybersecurity solutions, today announced the results from International Data Corporation’s (IDC) latest Worldwide Quarterly Security Appliance Tracker. The 4Q21 Tracker and historical report data demonstrate Fortinet’s continued 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, earning36.8% 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 of9.7% .
Fortinet is Leading Cybersecurity Innovation and Growth
Driven by increased edge computing, hyperscale cloud deployments, and the shift to remote work, the perimeter is now everywhere, dramatically increasing the attack surface. More than ever, organizations need a security platform that can meet the demands of today’s digital businesses and dynamic network environments. As part of the Fortinet Security Fabric, FortiGate firewalls enable and accelerate digital innovation initiatives.
Additional Resources
- Watch how Fortinet makes possible a digital world you can always trust.
- Read more about how Fortinet customers are securing their organizations.
- Learn more about Fortinet’s free cybersecurity training which includes broad cyber awareness and product training. As part of the Fortinet Training Advancement Agenda (TAA), the Fortinet Training Institute also provides training and certification through the Network Security Expert (NSE) Certification, Academic Partner, and Education Outreach programs.
- Engage in the Fortinet User Community (Fuse). Share ideas and feedback, learn more about our products and technology, and connect with peers.
- Follow Fortinet on Twitter, LinkedIn, Facebook, and Instagram. Subscribe to Fortinet on YouTube.
About Fortinet
Fortinet (NASDAQ: FTNT) makes possible a digital world that we can always trust through its mission to protect people, devices, and data everywhere. This is why the world’s largest enterprises, service providers, and government organizations choose Fortinet to securely accelerate their digital journey. The Fortinet Security Fabric platform delivers broad, integrated, and automated protections across the entire digital attack surface, securing critical devices, data, applications, and connections from the data center to the cloud to the home office. Ranking #1 in the most security appliances shipped worldwide, more than 565,000 customers trust Fortinet to protect their businesses. And the Fortinet NSE Training Institute, an initiative of Fortinet’s Training Advancement Agenda (TAA), provides one of the largest and broadest training programs in the industry to make cyber training and new career opportunities available to everyone. Learn more at https://www.fortinet.com, the Fortinet Blog, or FortiGuard Labs.
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Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments. This news release may contain forward-looking statements that involve uncertainties and assumptions, such as statements regarding technology releases among others. Changes of circumstances, product release delays, or other risks as stated in our filings with the Securities and Exchange Commission, located at www.sec.gov, may cause results to differ materially from those expressed or implied in this press release. If the uncertainties materialize or the assumptions prove incorrect, results may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Fortinet assumes no obligation to update any forward-looking statements, and expressly disclaims any obligation to update these forward-looking statements.
| Media Contact: | Investor Contact: | Analyst Contact: |
| John Welton | Peter Salkowski | Sandy Bendorf |
| Fortinet, Inc. | Fortinet, Inc. | Fortinet, Inc. |
| 408-235-7700 | 408-331-4595 | sbendorf@fortinet.com |
| pr@fortinet.com | psalkowski@fortinet.com |
