Santa Clara, Calif. – July 2, 2018 – Gigamon, Inc. (“Gigamon”), the company leading the convergence of network and security operations to help organizations improve their security stance, today announced that the company strengthened its market leadership position based on success with Global 2000 companies and government agencies. According to the latest Network Monitoring Equipment report from business information provider IHS Markit, Gigamon claimed the top spot for the fifth consecutive year, expanding its market share from 26 to 37 percent over that span. With 37 percent of overall industry revenue in calendar year 2017, the company increased its lead over the next closest competitor to 21 percentage points.
In the Government vertical, which continued to be the key growth driver for the Network Monitoring Equipment (NME) market in 2017, Gigamon market share increased to 61 percent, which is now four times its nearest competitor. In the Service Provider vertical, share is now 28 percent, while share in Enterprise is a market-leading 37 percent.
“Improving the security and performance of their networks is top of mind for network managers, and a key mechanism for achieving this goal is through better monitoring infrastructure,” said Matthias Machowinski, research director of enterprise networks and video at IHS Markit. “The network monitoring equipment market reached $561 million last year. Gigamon continues to be the leader in this space thanks to the breadth of its network monitoring equipment portfolio.”
According to IHS Markit, growth in the NME over the next five years will be driven by security, performance and speed:
“As the modern enterprise rethinks their infrastructure, it is clear that customers are finding value in the access to and control of data that our GigaSECURE® solutions provide,” said Kim DeCarlis, chief marketing officer at Gigamon. “This year’s IHS Markit report presents valuable reference points supporting our belief that a next-gen network packet broker is critical to increase the effectiveness of every tool in the security stack, which will in turn help improve overall network performance and the enterprise’s security posture.”
Gigamon is the company leading the convergence of network and security operations to help organizations reduce complexity and increase efficiency of their security stack. The Company’s GigaSECURE® Security Delivery Platform is a next generation network packet broker that helps customers make threats more visible across cloud, hybrid and on-premises environments, deploy resources faster and maximize the performance of their security tools. Global 2000 companies and government agencies rely on Gigamon solutions to stop tool sprawl and save costs. Learn how you can make your infrastructure more resilient, more agile and more secure at www.gigamon.com, on our blog and Twitter, LinkedIn and Facebook.