Unified Threat Management Market Revenue Analysis By WatchGuard Technologies, Juniper Networks, Cisco Systems., IBM Corporation And Huawei Technologies

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.

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"Increasing demand for data security leading to minimum the data breaches is one of the major factor driving growth of the market."

Several organisation are currently working on IT infrastructure and networking environment, which directly increase the generation of data within the organisations. These organizations are facing challenges related to the data breaches, due to the rise in generation of data at the regular basis. However, the impact of data breaches will affect the organisations in terms of customer loss, decline in revenues, loss of competitive advantage and employees’ productivity and others, which negatively impact on the organisation performances. Therefore, UTM solutions include features such as application control, intrusion detection, and content filtering and others, which help the organisations in terms of increasing security level, protection, visibility, and control the data over the network. Hence, UTM solutions are expected to provide the high level of data protection that helps in minimize the loss of sensitive data, which directly propel growth of the UTM market.

"Cloud-based unified threat management is expected to offer the significant opportunities for growth of the market"

In present scenario, most of the organisations have shifted their workloads to clouds in order to achieve the maximum agility and flexibility that helps to meets the ever-changing business needs, which is propelling demand for advance security solutions that help in the constant monitoring data to secure the data from cloud-based threats such as data breaches, account hijacking, unauthorised access of data and others. Hence, cloud-based UTM offers security solution, which is an encapsulation of anti-virus, anti-spam, anti-spyware, intrusion prevention, and web filtering, which help the organisation to maintain the security data in the cloud.

"Unified Threat Management: Competitive Background"

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.

"Unified Threat Management: Taxonomy"

By Applications

- Hardware
- Software
- Virtual

By Services

- Support and Maintenance
- Managed UTM

By Distribution Channel

- Direct
- VAR (Value-Added Reseller)
- Distributors

By Verticals

- BFSI( Banking Financial Services Infrastructure)
- Government and Utilities
- HealthCare and Life Science
- Retail and Ecommerce
- Manufacturing
- Telecom and IT
- Education
- Others

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This release was published on openPR.