Unified Threat Management Market Explore Future Growth: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. 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. 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.
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.

Unified Threat Management: Regional Insights

North America held to be the dominant position in the market and is estimated to retain its dominance throughout the forecast period. 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.

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.

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.

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Unified Threat Management: Taxonomy

By Applications

- Hardware
- Software
- Virtual

By Verticals

BFSI( Banking Financial Services Infrastructure)

- Government and Utilities
- HealthCare and Life Science
- Retail and Ecommerce
- Manufacturing
- Telecom and IT
- Education

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This release was published on openPR.