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Article: Commercial Firewall Market To Experience Exponential Growth, 1996 the Year of the Firewall IPO; New IDC Report Forecasts the Worldwide Firewall Market From 1995 Through 2000.
- Article from:
- Business Wire
- Article date:
- March 4, 1996
CopyrightCOPYRIGHT 1996 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FRAMINGHAM, Mass.--(BUSINESS WIRE)--March 4, 1996--The emergence of the commercial firewall market broke speed records in 1995, according to new research from International Data Corporation (IDC). Driven by the adoption of Internet technology and Web servers (both Internet and intranet), IDC expects the phenomenal growth of the worldwide firewall market to continue through 2000 with a forecasted compound annual growth rate (CAGR) of 174 percent.
"The firewall market epitomizes the hyper-growth and accelerated evolution associated with the Internet," said Ted Julian, research manager for IDC's Internet Commerce Research program. "In the span of roughly twelve months, ...