Global Unified Threat Management Market Overview:
Unified Threat Management (UTM) is a consolidated security resolution comprised of options like network firewalls, entryway antivirus, entryway anti-spam, VPN, load equalization, knowledge leak bar, content filtering, and on-appliance reportage that successively offers tremendous worth to organizations. because of the encapsulation of all such security measures at intervals one appliance, there has been a rise in demand for UTM solutions and services over the last decade.
Growth Drivers
- Rising Adopted by Enterprises due to Its Scalable and Agile Features Capable of Reducing Energy Consumption and Enhancing IT Productivity
- Growing Need of Eliminating Threat Issues and Reducing the Management Complexity
Roadblocks
- Increasing Instances Data Breaches and Regulatory Compliance
Opportunities
- Rise in Replace Intensive Point Security Solutions for Saving Cost and Energy Consumption
Challenges
- Less Awareness about the Unified Threat Management Service
Competitive Landscape:
Some of the key players profiled in the report are Cisco Systems Inc. (United States), Huawei Technologies Co. Ltd. (China), Fortinet Inc. (United States), Juniper Networks Inc. (United States), Barracuda Networks Inc. (United States), Dell Inc. (United States), International Business Machine (United States), Netgear Inc. (United States) and Hawlett-Packard Company (United States). Additionally, following companies can also be profiled that are part of our coverage like Watchguard Technologies Inc. (United States) and Check Point Software Technologies Inc. (United States). Considering Market by Enterprise Size, the sub-segment i.e. Small and Medium Enterprise will boost the Unified Threat Management market. Considering Market by Industry Verticals, the sub-segment i.e. BFSI will boost the Unified Threat Management market. Considering Market by Deployment, the sub-segment i.e. Cloud-Based will boost the Unified Threat Management market. Considering Market by Offering, the sub-segment i.e. Hardware will boost the Unified Threat Management market.
Latest Market Insights:
In 2021, Sophos, a product developer for communication endpoint, encryption, and email security, acquired Braintrace, which offers NDR with deep visibility into network traffic patterns. With this acquisition, Sophos plans to enhance its Adaptive Cybersecurity Ecosystem with Braintrace NDR technology as it will support Sophos’ MTR and Rapid Response analysts and Extended Detection and Response (XDR) customers with Unified Threat Management.
In 2018, Red Piranha, an end-to-end cybersecurity product developer, launched 'Crystal Eye' - the primary Australian-made Unified Threat Management (UTM) platform designed specifically for SMBs to modify information-security management. This launch is to build an affordable, easy-to-use product Crystal Eye enables network administrators to centrally administer their security defenses from one box Instead of having several single-function appliances.
What Can be Explored with the Unified Threat Management Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Unified Threat Management Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Unified Threat Management
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Unified Threat Management market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Unified Threat Management market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Unified Threat Management Service Provider, Research Institutes, End-User Industry and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.