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Security hardware and appliance sales declined more than 16 percent in the first quarter as businesses of all sizes curtailed spending on unified threat management, IDS/IPS and SSL VPNs. Analyts anticipate a rebound before the end of the year.
A new report by analyst firm Infonetics says spending on security hardware and appliances -- such as unified threat management (UTM), intrusion detection/prevention systems and SSL VPN devices -- dropped 16 percent in the first quarter of 2009. The reason: businesses cut or delayed spending on IT systems, which led to cascading declines in security spending.
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While drop is significant, analyst anticipate security appliance spending will rebound before the end fo the year to two-thirds of 2008 levels.
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