Market Overview

Unified threat management is a security management approach used for delivering the security-related applications, infrastructure, and integrated platform. Moreover, UTM solutions offers the multiple advantages to the organizations such as cost-effectiveness, integrated approach, regulatory compliance, simplicity and also reduces the requirement of technical training. Hence, UTM benefits are expected to help the organization to minimize the threats such as cybercrime, data loss, and other cases, which had mainly occur in the organizations, this in turn is expected to propel growth of the UTM market.

The features delivered by the UTM such as gateway antivirus, next-gen firewalls network, gateway antivirus, gateway anti-spam, load balancing, data leak prevention, content filtering, VPN, and many others directly help in removing all the vulnerabilities and increases the security values of the organizations. Therefore, the consolidation of all such security features within the single appliance is major factor driving growth of the market.

Request Sample Copy Of This Business Report: https://www.coherentmarketinsights.com/insight/request-sample/1503

Market Dynamics

On the basis of geography, a global unified threat management market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America held to be the dominant position in the market and is estimated to retain its dominance throughout the forecast period. The Big Data, cloud services, utilization of mobile workforce are some of the emerging trend in the IT industries. Increasing adoption of IT technologies also increases the number of vulnerabilities such as loss of data, cyber-attacks, data breaches and others. Therefore, companies are adopting the highly advanced solutions to reduce such vulnerabilities by increasing the level of data protection, which is propelling growth of the UTM market.

On the basis of applications, the software based unified threat management segment is expected to hold largest market share during the forecasted period. The advantages of the software UTM is that it helps in reduces the cost related to the maintenance, implementation and hardware cost respectively. Therefore, the adoption of software based UTM help in cost savings as only fewer physical devices are required.

On the basis of vertical, the BFSI segment is projected to hold largest market share during the forecast period. Increasing demand for digital information in BFSI sectors is one of the major driving factor for the growth of the global unified threat management market over the forecast period, owing increasing number of hackers targeting the user’s sensitive details such as card details, as well as espionage, and many others. Hence, it offers the extensive security to accurately pinpoint internal and external network vulnerabilities, determine user susceptibility to social engineering schemes and also provide the information security policy, which in turn help the financial sectors to identify their potential hackers before they strike to hack.

Get Request Customization Copy Of This Business Report: https://www.coherentmarketinsights.com/insight/request-customization/1503

Some of the players operating in the Unified Threat Management market include Check Point Software Technologies Ltd., WatchGuard Technologies Inc., Juniper Networks Inc., Cisco Systems Inc., IBM Corporation, Huawei Technologies Co. Ltd., Fortinet Inc., Hillstone Networks Inc., SonicWALL Inc., and Comodo Group Inc.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Name: Mr. Raj Shah

Phone: US +12067016702 / UK +4402081334027

Email: [email protected]

Visit Our Blogs: https://blog.coherentmarketinsights.com