Press release
Unified Threat Management Market to Witness Massive Growth with Cisco Systems, Fortinet, SonicWall
Unified Threat Management Market
Key Players in This Report Include: Check Point Software Technologies Ltd. (Israel), Barracuda Networks, Inc. (United States), Cisco Systems, Inc. (United States), Juniper Networks (United States), SonicWall (United States), Fortinet, Inc. (United States), Untangle, Inc. (United States), Sophos Ltd. (United Kingdom), Huawei Technologies Co., Ltd. (China), WatchGuard Technologies, Inc. (United States), Hillstone Networks (China), Sangfor Technologies (China), Dell Technologies (United States), Hewlett Packard Enterprise (HPE) (United States), IBM (International Business Machines Corporation) (United States), Trend Micro (Japan), Forcepoint (United States), Acronis (Switzerland), McAfee (United States), Netskope (United States), Others
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Definition:
Unified Threat Management (UTM) is a comprehensive security solution that integrates multiple security features and functions into a single, unified platform. The goal of UTM is to provide organizations with simplified and streamlined security management by combining various security tools and services into one cohesive system. UTM solutions are typically deployed at the network perimeter to protect against a wide range of security threats.
Market Trends:
Cloud-based UTM solutions
AI and ML powered UTM solutions
UTM solutions for the Internet of Things (IoT)
Market Drivers:
Regulatory Compliance Requirements
Integrated Security Approach
Simplified Security Management
Reduced Technical Training Needs
Escalating Cyber Threats
Increasing Cloud Computing Adoption
Government Regulations (e.g., GDPR, HIPAA)
UTM's Multifaceted Security Capabilities
Market Opportunities:
Growing demand for UTM solutions in emerging markets
Development of new UTM solutions for specific industries
Integration of UTM solutions with other security solutions
Market Leaders & Development Strategies:
On 17th November 2022, Palo Alto Networks Inc. has acquired cybersecurity startup Cider Ltd. On 3rd November 2021, Fortinet, Inc. acquired 75% stake in Alaxala Networks Corporation for $64.2 million. Sophos acquires Refactr in March 2022. Refactr is a provider of security orchestration, automation, and response (SOAR) solutions. The acquisition is expected to help Sophos to expand its security automation portfolio and help it to compete with other SOAR vendors such as Splunk and Demisto.
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The Global Unified Threat Management Market segments and Market Data Break Down are illuminated below:
Unified Threat Management Market is Segmented by Application (BFSI, Government, Healthcare, Manufacturing, Retail, Telecom & IT, Others) by Component (Hardware, Software, Virtual) by Deployment Mode (Cloud, On-premise) by Service (Consulting, Support & Maintenance, Managed UTM) by Organization Size (Large Enterprise, Small & Medium Enterprise (SME)) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
Global Unified Threat Management market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
• -To carefully analyze and forecast the size of the Unified Threat Management market by value and volume.
• -To estimate the market shares of major segments of the Unified Threat Management
• -To showcase the development of the Unified Threat Management market in different parts of the world.
• -To analyze and study micro-markets in terms of their contributions to the Unified Threat Management market, their prospects, and individual growth trends.
• -To offer precise and useful details about factors affecting the growth of the Unified Threat Management
• -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Unified Threat Management market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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Major highlights from Table of Contents:
Unified Threat Management Market Study Coverage:
• It includes major manufacturers, emerging player's growth story, and major business segments of Unified Threat Management market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Unified Threat Management Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Unified Threat Management Market Production by Region Unified Threat Management Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
Key Points Covered in Unified Threat Management Market Report:
• Unified Threat Management Overview, Definition and Classification Market drivers and barriers
• Unified Threat Management Market Competition by Manufacturers
• Impact Analysis of COVID-19 on Unified Threat Management Market
• Unified Threat Management Capacity, Production, Revenue (Value) by Region (2023-2030)
• Unified Threat Management Supply (Production), Consumption, Export, Import by Region (2023-2030)
• Unified Threat Management Production, Revenue (Value), Price Trend by Type {Cloud, On-premise}
• Unified Threat Management Manufacturers Profiles/Analysis Unified Threat Management Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
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Key questions answered
• How feasible is Unified Threat Management market for long-term investment?
• What are influencing factors driving the demand for Unified Threat Management near future?
• What is the impact analysis of various factors in the Global Unified Threat Management market growth?
• What are the recent trends in the regional market and how successful they are?
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 (434) 322-0091
sales@htfmarketreport.com
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to enable businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
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