SANTA CLARA, Calif.,
July 12, 2017 /PRNewswire/
-- Gigamon Inc. (NYSE: GIMO), the industry leader in traffic
visibility solutions, today announced the results of the recently
released IHS Markit Network Monitoring Equipment, 2017 Annual
Market Report1 in which it was identified as the
clear market share leader. While overall industry revenues grew by
17 percent for a total of $599M in
the 2016 calendar year (CY16), Gigamon grew at more than twice that
rate accounting for 36 percent of the market in CY16 with a 6-point
increase over CY15. Other notable stats include:
- At 36 percent of total industry revenue, Gigamon market share
is more than two times that of its closest competitor
- In the government vertical, Gigamon captured 59 percent market
share, close to four times the market share of its closest
competitor
- In the enterprise market, Gigamon remained the leader at 37
percent market share, 10 points higher than the next
competitor
"The continuing need for pervasive visibility solutions to make
networks more secure and reliable once again drove strong demand
for network monitoring equipment," said Matthias Machowinski,
research director of enterprise networks and video at IHS Markit.
"Gigamon has a full portfolio of network monitoring equipment,
addressing the whole range of deployments from small to very large,
and captured the highest market share in 2016."
IHS Markit states that several dynamics are driving industry
growth including:
- The macro driver of customers strengthening network
security
- The shift to advanced monitoring equipment that offer
additional traffic intelligence and processing features to handle
traffic at 40G and 100G rates
- The use of network monitoring as the top strategy to reduce
infrastructure and communication downtime
Gigamon is helping drive this shift with the Gigamon Visibility
Platform. The platform's GigaSMART® applications offer
organizations the advanced processing capabilities that include
SSL/TLS decryption, application session filtering, NetFlow/IPFIX
generation, metadata generation, packet slicing, data masking,
traffic deduplication and load balancing. GigaSMART extends the
intelligence and value of the Gigamon Visibility Platform so that
organizations can better secure, manage and understand the critical
data-in-motion traversing their physical, virtual and cloud-based
infrastructures to gain increased control and improved security
tool performance.
"Today, organizations need an adaptive and automated security
architecture that integrates a visibility platform at its core,"
said Kim DeCarlis, chief marketing
officer at Gigamon. "Gigamon delivers an advanced visibility
platform that enables our customers to see the data that matters
most so they can take immediate action. This IHS Markit report
validates the market adoption of Gigamon solutions and our ability
to satisfy customer needs."
1IHS Markit: Network Monitoring Equipment Annual
Market Report, May 19, 2017 by
Matthias Machowinski
Additional Resources
- IHS Markit Network Monitoring Equipment, 2017 Annual Market
full report
- IHS Markit Network Monitoring Equipment, 2017 Annual Market
executive overview
- "IHS Markit Names Gigamon #1 for Delivering True Visibility
Value" blog post
- "See What Matters On Your Network: Why Pervasive Visibility is
So Important" webinar: Thursday, August 24,
2017 at 10:00 AM PDT
About Gigamon
Gigamon (NYSE: GIMO) provides active
visibility into physical and virtual network traffic, enabling
stronger security and superior performance. Gigamon Visibility
Fabric™ and GigaSECURE®, the
industry's first Security Delivery Platform, deliver advanced
intelligence so that security, network, and application performance
management solutions in enterprise, government, and service
provider networks operate more efficiently and effectively. See
What Matters™ at www.gigamon.com, the Gigamon blog, or
follow Gigamon on Twitter, LinkedIn, or Facebook.
Legal Notice Regarding Forward Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. Forward-looking
statements generally relate to future events or our future
financial or operating performance. In some cases, you can identify
forward-looking statements because they contain words such as
"may," "will," "should," "expects," "plans," "anticipates,"
"could," "intends," "target," "projects," "contemplates,"
"believes," "estimates," "predicts," "potential" or "continue" or
the negative of these words or other similar terms or expressions
that concern our expectations, strategy, plans or intentions.
Forward-looking statements in this media alert include, but are not
limited to, the potential benefits of the new product offerings and
solutions, and goals and expectations regarding future performance
and opportunity for the Gigamon Visibility Platform and
GigaSMART® technologies. Our expectations and beliefs
regarding these matters may not materialize, and actual results in
future periods are subject to risks and uncertainties that could
cause actual results to differ materially from those projected.
These risks include our ability to continue to deliver and improve
our products and general market, political, economic and business
conditions. The forward-looking statements contained in this press
release are also subject to other risks and uncertainties,
including those more fully described in our filings with the
Securities and Exchange Commission, including our Annual Report on
Form 10-K for the period ended December 31,
2016 and most recent Quarterly Report on Form 10-Q. The
forward-looking statements in this press release are based on
information available to Gigamon as of the date hereof, and Gigamon
disclaims any obligation to update any forward-looking statements,
except as required by law.
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SOURCE Gigamon Inc.