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Global Unified Threat Management Market by Component (Virtual, Hardware), by End Use (Telecom & IT, BFSI), by Enterprise Size (SME) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: IC-75547
  • Author: Up Market Research
  • Rating: 4.5
  • Total Reviews: 74
  • No. Of Pages: 223
  • Format:
  • Pub. Date: 2021-10-21
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Industry Insights

Global unified threat management market was valued at USD 3.96 Billion in 2018. It is projected to grow at a CAGR 14.5% between 2019 and 2025. Due to increasing cyberattacks and the growing importance of cybersecurity around the world, the market has seen significant growth. The market for unified threat management (UTM), which is a combination of security measures used by corporates to curb cybercrimes, will see significant growth during the forecast period.

The increasing dependence on web applications will lead to a significant rise in identity theft and data theft. This is expected to increase the demand for UTM solutions to secure web applications. These solutions are also affordable and easy to use. The market's growth prospects will be further enhanced by the increasing awareness of virtual private networks among end-users, and the development next-generation UTM products.

UTM is a new type of firewall that can perform many security functions. It is capable of performing many security functions such as network firewalling, gateway anti-spam and data leak prevention, gateway antivirus, gateway intrusion prevention and gateway virus, load balancing and on-appliance reporting. This will drive market growth during the forecast period.

UTM solutions have many advantages. They can meet regulatory compliance, simplify technical training, and offer an integrated approach. UTM integrates security functions to speed up data processing and reduce the amount of resources needed for inspection. This will further increase the demand.

A combination of multiple security tools in one network device can lead to network performance degradation, which could impact market growth. UTM is a single-point solution. If the solution fails, all other threat management solutions would be vulnerable to cyberattack. This could also hinder market growth.

Component Insights

The unified threat management market can be divided by component into three segments: hardware, virtual, and software. Due to growing demand for UTM devices that reduce cyberattacks around the world, the hardware segment will dominate the market during the forecast period. UTM devices equipped with Application-specific Integrated Circuit chipsets allow for simultaneous scanning of multiple threats. ASIC-based processing hardware is capable of meeting high-speed network demands and offers higher levels of security and efficiency.

Service Insights

The UTM market can be divided into three segments based on service: support & maintenance (managed UTM), and consulting. Because of the growing demand for skilled technicians and third-party support and maintenance, the support & management segment is expected to dominate. The consulting service segment is expected to grow due to the growing demand for services that can help protect critical data and provide professional guidance about new solutions. UTM requirements can vary greatly from one organization to the next. This will drive demand for consulting services.

Information on Deployment

Cloud deployment will be the preferred method for deploying UTM solutions. Cloud deployment allows for large-scale customization of services and solutions for organizations. It can also be used to set up a control centre for organizing and coordinating different components of the UTM. These are the factors that will drive cloud deployment demand over the forecast period. Technology advancements are also driving cloud deployment's demand. This deployment eliminates the need to host, procure, maintain, and manage on-premise firewalls within an organisation. It also offers cost-savings and ease-of-use. This will also boost segment growth during the forecast period.

Enterprise Size Insights

The enterprise size segment was dominated by small and medium enterprises, which was valued at USD 2,196.0 millions in 2018. UTM solutions are being implemented by small and medium enterprises in emerging economies like India and China to improve their business capabilities. The segment is expected to grow over the forecast period. There has been an increase in the demand for next-generation Intrusion Protection System (IPS), firewalls and web security gateways due to advanced threats like cross-site scripting, Structured Query Language injection (SQL) and Distributed Denial of Service (DDoS). These attacks have targeted small and medium enterprises around the world. These threats are driving small and medium enterprises to choose UTM solutions.

End Use Insights

The UTM market can be segmented by end use into BFSI (business, finance, healthcare), retail, manufacturing, telecom & IT and other segments. Over the forecast period, Telecom & IT will be the largest end-use segment. Increasing use of digital, information-gathering protocol is expected to be a major driver for the adoption of UTM in the segment.

In addition, hackers are increasingly targeting point-of-sale architecture to gain access users' sensitive information, such as card details. This will drive adoption of UTM solutions in the BFSI segment.

Regional Insights

North America was the largest revenue share in 2018. It will continue to be the leader in the future market due to its growing cloud security infrastructure. The market is expected to grow due to increased awareness about the importance of cybersecurity in a digital age. Asia Pacific will see the highest CAGR between 2019 and 2025. The region's growing number of SMEs is expected to increase the demand for affordable UTM solutions. Vendors are constantly improving their products to meet the needs of end users and improve performance. These factors will also drive the regional market.

Market Share Insights on Unified Threat Management

Barracuda Networks, Inc., Cisco Systems, Inc., Check Point Software Technologies Ltd., SonicWall, Fortinet, Inc., Huawei Technologies Co., Ltd., Untangle, Inc., Juniper Networks, Inc., Sophos Ltd., and WatchGuard Technologies, Inc. are key players in this market.

Many strategies are being used by companies, including mergers and acquisitions, product/solution development and collaborations. WatchGuard Technologies, Inc. introduced the Firebox T series of UTM systems in October 2018. It features upgraded hardware. This system provides security and high network speeds for small offices, distributed businesses, and home offices.

The Report Covers Certain Segments

This report predicts revenue growth and volume growth at the global, regional and country level. It also provides analysis of industry trends for each sub-segment from 2014 through 2025. Grand View Research has divided the global unified risk management market report by component, service, deployment, enterprise sizes, end use, region, and country.

  • Component Outlook (Revenue USD Million, 2014-2025)

    • Hardware

    • Software

    • Virtual

  • Service Outlook (Revenue USD Million, 2014-2025)

    • Consulting

    • Support & Maintenance

    • Managed UTM

  • Forecast for Deployment (Revenue, USD million, 2014-2025)

    • Cloud

    • On-premise

  • Enterprise Size Outlook (Revenue USD Million, 2014-2025)

    • Large Enterprise

    • Small and Medium Enterprises (SME)

  • End Use Outlook (Revenue USD Million, 2014-2025)

    • BFSI

    • Government

    • Healthcare

    • Manufacturing

    • Retail

    • Telecom & IT

    • Other

  • Regional Outlook (Revenue USD Million, 2014-2025)

    • North America

      • U.S.

      • Canada

    • Europe

      • U.K.

      • Germany

    • Asia Pacific

      • China

      • India

      • Japan

    • Latin America

      • Brazil

    • Middle East & Africa (MEA)

Up Market Research published a new report titled “Unified Threat Management Market research report which is segmented by Component (Virtual, Hardware), by End Use (Telecom & IT, BFSI), by Enterprise Size (SME), By Players/Companies Inc; Sophos Ltd; and WatchGuard Technologies, Ltd; Untangle, Inc; Cisco Systems, Inc; Huawei Technologies Co, Inc, Inc; Juniper Networks, Barracuda Networks, Inc; Check Point Software Technologies Ltd; SonicWall; Fortinet”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report Scope

Report AttributesReport Details
Report TitleUnified Threat Management Market Research Report
By ComponentVirtual, Hardware
By End UseTelecom & IT, BFSI
By Enterprise SizeSME
By CompaniesInc; Sophos Ltd; and WatchGuard Technologies, Ltd; Untangle, Inc; Cisco Systems, Inc; Huawei Technologies Co, Inc, Inc; Juniper Networks, Barracuda Networks, Inc; Check Point Software Technologies Ltd; SonicWall; Fortinet
Regions CoveredNorth America, Europe, APAC, Latin America, MEA
Base Year2020
Historical Year2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year2028
Number of Pages223
Number of Tables & Figures157
Customization AvailableYes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Unified Threat Management Industry Outlook

Global Unified Threat Management Market Report Segments:

The market is segmented by Component (Virtual, Hardware), by End Use (Telecom & IT, BFSI), by Enterprise Size (SME).

Unified Threat Management Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Unified Threat Management Market

Overview of the regional outlook of the Unified Threat Management Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Unified Threat Management Market Overview

Highlights of The Unified Threat Management Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Unified Threat Management Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
        6. By Component:

                1. Virtual

                2. Hardware

        7. By End Use:

                1. Telecom & IT

                2. BFSI

        8. By Enterprise Size:

                1. SME

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Unified Threat Management Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
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Unified Threat Management Market Trends

Reasons to Purchase the Unified Threat Management Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Unified Threat Management Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Unified Threat Management Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Unified Threat Management Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Unified Threat Management Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Unified Threat Management Market Size & Forecast, 2018-2028 
      4.5.1 Unified Threat Management Market Size and Y-o-Y Growth 
      4.5.2 Unified Threat Management Market Absolute $ Opportunity 


Chapter 5 Global Unified Threat Management Market Analysis and Forecast by Component
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Component
      5.1.2 Basis Point Share (BPS) Analysis by Component
      5.1.3 Absolute $ Opportunity Assessment by Component
   5.2 Unified Threat Management Market Size Forecast by Component
      5.2.1 Virtual
      5.2.2 Hardware
   5.3 Market Attractiveness Analysis by Component

Chapter 6 Global Unified Threat Management Market Analysis and Forecast by End Use
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by End Use
      6.1.2 Basis Point Share (BPS) Analysis by End Use
      6.1.3 Absolute $ Opportunity Assessment by End Use
   6.2 Unified Threat Management Market Size Forecast by End Use
      6.2.1 Telecom & IT
      6.2.2 BFSI
   6.3 Market Attractiveness Analysis by End Use

Chapter 7 Global Unified Threat Management Market Analysis and Forecast by Enterprise Size
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Enterprise Size
      7.1.2 Basis Point Share (BPS) Analysis by Enterprise Size
      7.1.3 Absolute $ Opportunity Assessment by Enterprise Size
   7.2 Unified Threat Management Market Size Forecast by Enterprise Size
      7.2.1 SME
   7.3 Market Attractiveness Analysis by Enterprise Size

Chapter 8 Global Unified Threat Management Market Analysis and Forecast by Region
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities by Region
      8.1.2 Basis Point Share (BPS) Analysis by Region
      8.1.3 Absolute $ Opportunity Assessment by Region
   8.2 Unified Threat Management Market Size Forecast by Region
      8.2.1 North America
      8.2.2 Europe
      8.2.3 Asia Pacific
      8.2.4 Latin America
      8.2.5 Middle East & Africa (MEA)
   8.3 Market Attractiveness Analysis by Region

Chapter 9 Coronavirus Disease (COVID-19) Impact 
   9.1 Introduction 
   9.2 Current & Future Impact Analysis 
   9.3 Economic Impact Analysis 
   9.4 Government Policies 
   9.5 Investment Scenario

Chapter 10 North America Unified Threat Management Analysis and Forecast
   10.1 Introduction
   10.2 North America Unified Threat Management Market Size Forecast by Country
      10.2.1 U.S.
      10.2.2 Canada
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 North America Unified Threat Management Market Size Forecast by Component
      10.6.1 Virtual
      10.6.2 Hardware
   10.7 Basis Point Share (BPS) Analysis by Component 
   10.8 Absolute $ Opportunity Assessment by Component 
   10.9 Market Attractiveness Analysis by Component
   10.10 North America Unified Threat Management Market Size Forecast by End Use
      10.10.1 Telecom & IT
      10.10.2 BFSI
   10.11 Basis Point Share (BPS) Analysis by End Use 
   10.12 Absolute $ Opportunity Assessment by End Use 
   10.13 Market Attractiveness Analysis by End Use
   10.14 North America Unified Threat Management Market Size Forecast by Enterprise Size
      10.14.1 SME
   10.15 Basis Point Share (BPS) Analysis by Enterprise Size 
   10.16 Absolute $ Opportunity Assessment by Enterprise Size 
   10.17 Market Attractiveness Analysis by Enterprise Size

Chapter 11 Europe Unified Threat Management Analysis and Forecast
   11.1 Introduction
   11.2 Europe Unified Threat Management Market Size Forecast by Country
      11.2.1 Germany
      11.2.2 France
      11.2.3 Italy
      11.2.4 U.K.
      11.2.5 Spain
      11.2.6 Russia
      11.2.7 Rest of Europe
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Europe Unified Threat Management Market Size Forecast by Component
      11.6.1 Virtual
      11.6.2 Hardware
   11.7 Basis Point Share (BPS) Analysis by Component 
   11.8 Absolute $ Opportunity Assessment by Component 
   11.9 Market Attractiveness Analysis by Component
   11.10 Europe Unified Threat Management Market Size Forecast by End Use
      11.10.1 Telecom & IT
      11.10.2 BFSI
   11.11 Basis Point Share (BPS) Analysis by End Use 
   11.12 Absolute $ Opportunity Assessment by End Use 
   11.13 Market Attractiveness Analysis by End Use
   11.14 Europe Unified Threat Management Market Size Forecast by Enterprise Size
      11.14.1 SME
   11.15 Basis Point Share (BPS) Analysis by Enterprise Size 
   11.16 Absolute $ Opportunity Assessment by Enterprise Size 
   11.17 Market Attractiveness Analysis by Enterprise Size

Chapter 12 Asia Pacific Unified Threat Management Analysis and Forecast
   12.1 Introduction
   12.2 Asia Pacific Unified Threat Management Market Size Forecast by Country
      12.2.1 China
      12.2.2 Japan
      12.2.3 South Korea
      12.2.4 India
      12.2.5 Australia
      12.2.6 South East Asia (SEA)
      12.2.7 Rest of Asia Pacific (APAC)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Asia Pacific Unified Threat Management Market Size Forecast by Component
      12.6.1 Virtual
      12.6.2 Hardware
   12.7 Basis Point Share (BPS) Analysis by Component 
   12.8 Absolute $ Opportunity Assessment by Component 
   12.9 Market Attractiveness Analysis by Component
   12.10 Asia Pacific Unified Threat Management Market Size Forecast by End Use
      12.10.1 Telecom & IT
      12.10.2 BFSI
   12.11 Basis Point Share (BPS) Analysis by End Use 
   12.12 Absolute $ Opportunity Assessment by End Use 
   12.13 Market Attractiveness Analysis by End Use
   12.14 Asia Pacific Unified Threat Management Market Size Forecast by Enterprise Size
      12.14.1 SME
   12.15 Basis Point Share (BPS) Analysis by Enterprise Size 
   12.16 Absolute $ Opportunity Assessment by Enterprise Size 
   12.17 Market Attractiveness Analysis by Enterprise Size

Chapter 13 Latin America Unified Threat Management Analysis and Forecast
   13.1 Introduction
   13.2 Latin America Unified Threat Management Market Size Forecast by Country
      13.2.1 Brazil
      13.2.2 Mexico
      13.2.3 Rest of Latin America (LATAM)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Latin America Unified Threat Management Market Size Forecast by Component
      13.6.1 Virtual
      13.6.2 Hardware
   13.7 Basis Point Share (BPS) Analysis by Component 
   13.8 Absolute $ Opportunity Assessment by Component 
   13.9 Market Attractiveness Analysis by Component
   13.10 Latin America Unified Threat Management Market Size Forecast by End Use
      13.10.1 Telecom & IT
      13.10.2 BFSI
   13.11 Basis Point Share (BPS) Analysis by End Use 
   13.12 Absolute $ Opportunity Assessment by End Use 
   13.13 Market Attractiveness Analysis by End Use
   13.14 Latin America Unified Threat Management Market Size Forecast by Enterprise Size
      13.14.1 SME
   13.15 Basis Point Share (BPS) Analysis by Enterprise Size 
   13.16 Absolute $ Opportunity Assessment by Enterprise Size 
   13.17 Market Attractiveness Analysis by Enterprise Size

Chapter 14 Middle East & Africa (MEA) Unified Threat Management Analysis and Forecast
   14.1 Introduction
   14.2 Middle East & Africa (MEA) Unified Threat Management Market Size Forecast by Country
      14.2.1 Saudi Arabia
      14.2.2 South Africa
      14.2.3 UAE
      14.2.4 Rest of Middle East & Africa (MEA)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Middle East & Africa (MEA) Unified Threat Management Market Size Forecast by Component
      14.6.1 Virtual
      14.6.2 Hardware
   14.7 Basis Point Share (BPS) Analysis by Component 
   14.8 Absolute $ Opportunity Assessment by Component 
   14.9 Market Attractiveness Analysis by Component
   14.10 Middle East & Africa (MEA) Unified Threat Management Market Size Forecast by End Use
      14.10.1 Telecom & IT
      14.10.2 BFSI
   14.11 Basis Point Share (BPS) Analysis by End Use 
   14.12 Absolute $ Opportunity Assessment by End Use 
   14.13 Market Attractiveness Analysis by End Use
   14.14 Middle East & Africa (MEA) Unified Threat Management Market Size Forecast by Enterprise Size
      14.14.1 SME
   14.15 Basis Point Share (BPS) Analysis by Enterprise Size 
   14.16 Absolute $ Opportunity Assessment by Enterprise Size 
   14.17 Market Attractiveness Analysis by Enterprise Size

Chapter 15 Competition Landscape 
   15.1 Unified Threat Management Market: Competitive Dashboard
   15.2 Global Unified Threat Management Market: Market Share Analysis, 2019
   15.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      15.3.1 Inc; Sophos Ltd; and WatchGuard Technologies
      15.3.2 Ltd; Untangle
      15.3.3 Inc; Cisco Systems
      15.3.4 Inc; Huawei Technologies Co
      15.3.5 Inc
      15.3.6 Inc; Juniper Networks
      15.3.7 Barracuda Networks
      15.3.8 Inc; Check Point Software Technologies Ltd; SonicWall; Fortinet
Segments Covered in the Report
The global Unified Threat Management market has been segmented based on

By Component
  • Virtual
  • Hardware
By End Use
  • Telecom & IT
  • BFSI
By Enterprise Size
  • SME
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Inc; Sophos Ltd; and WatchGuard Technologies
  • Ltd; Untangle
  • Inc; Cisco Systems
  • Inc; Huawei Technologies Co
  • Inc
  • Inc; Juniper Networks
  • Barracuda Networks
  • Inc; Check Point Software Technologies Ltd; SonicWall; Fortinet

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