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Growing Demand For Global Unified Threat Management (UTM) Market From 2017 - 2019
Market Research Report
Unified Threat Management is a security solution that comprises of features such as gateway antivirus, on-appliance reporting, data leak prevention, VPN (Virtual Private Network), network firewalling, gateway anti-spam and load balancing content filtering that offers values to the organizations. UTM solutions utilize optimum energy and are low cost solutions as compared to intensive point security solutions. UTM solutions are used by enterprises owing to its supple and scalable features which enhances IT productivity.
The UTM market is segmented on the basis of organization size, its end users, its applications and services. Few different types of organization sizes include SOHO, SMBS and enterprises. UTM products are used in several industries such as BFSI, telecom and IT, education, manufacturing, retail, government and utilities, healthcare and others. Various application uses of UTM products include software, hardware, virtual and services such as support and maintenance.
Increasing incidences of data security breach is one of the major factors contributing to the growth of unified threat management market. Additionally, UTM solutions enable end users to save space, cost and energy consumption thus further driving the growth of this market. However, lack of acceptance in enterprise market and degradation in network performance are the challenges that limit the growth of UTM solutions. Consolidation of various security tools into single network device is responsible for degradation in performance features. To overcome these challenge, vendors in this industry are continuously focusing on their product offerings in terms of quality.
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