Juniper Networks Named SSL VPN Market Share Leader by Infonetics Research
SUNNYVALE, Calif., June 8, 2004 – Juniper Networks, Inc. (Nasdaq: JNPR) today announced that it is the market share leader in the SSL VPN market, according to Infonetics Research, Inc.’s “VPN and Firewall Appliances and Software Quarterly Worldwide Market Share and Forecasts for 1Q04” report published last month. In addition to an evaluation of the overall VPN and firewall markets worldwide for Q1’04, the report publishes revenue results and market share comparisons of the leading SSL VPN vendors.
According to Infonetics Research, Juniper Networks garnered 45 percent revenue market share within the SSL VPN product category during 1Q’04, in a market forecasted to reach $663 million by CY07, according to the report.
“The development of (SSL VPN) technology created a primary driver for the market,” stated the report, written by Jeff Wilson, senior analyst at Infonetics Research. “Using these products, companies can roll out remote access to their entire user population without having to incur access charges or roll out/manage software on each remote access user’s PC. We believe that over the next three years the technology will cause many companies to offer remote access to a broader set of employees, possibly bumping the average from 20 percent or less to over 50 percent, greatly expanding the dollar opportunity for remote access solutions overall.”
“Adoption of our NetScreen Secure Access SSL VPN continues to grow as customers recognize the benefits of SSL-based connectivity and extending secure access to many more user groups, partners and customers than was possible with legacy approaches,” said Jason Matlof, VP of Marketing, Juniper Networks’ Secure Products Group. “We are happy to see our broader SSL VPN product and sales efforts rewarded with unrivaled market leadership, as measured by Infonetics Research.”
The “VPN and Firewall Appliances and Software Quarterly Worldwide Market Share and Forecasts for 1Q04” report provides an in-depth analysis of the VPN and firewall markets for Q1’04, including worldwide and geographic regional results, market assumptions and drivers, as well as forecasts for each market. To obtain this report, or for more information, please contact Larry Howard at (408) 298-7999 x-225 or larry@infonetics.com.
About Juniper Networks, Inc.
Juniper Networks transforms the business of networking by creating competitive advantage for our customers with superior networking and security solutions. Juniper Networks is dedicated to customers who derive strategic value from their networks, including global network operators, enterprises, government agencies and research and educational institutions. Juniper Networks’ portfolio of networking and security solutions supports the complex scale, security and performance requirements of the world’s most demanding mission critical networks. Additional information can be found at www.juniper.net.