Market Synopsis:
Unified Threat management software has been gaining popularity since the end of the past decade. It provides many advantages over the traditional threat management systems, which is anticipated to drive its demand growth over the next couple of years. In this statistical observation circulated by Market Research Future MRFR, the global unified threat management market is expected to mark 14% CAGR across the prognosis period 2017 to 2023. It further reveals that the market value, in terms of revenue, is poised to reach USD 7 Bn by 2023.
The rising adoption of IT services by the organizations has led to a rise in demand for threat management systems. Unified threat management systems have gained quick mileage and are preferred over traditional systems as if offers enhanced efficiency. The global unified threat management market is expected to benefit from the shift over the next couple of years. Also, the product offers the benefit of easy installation which is poised to attract investments from organizations in the years to come, thus, supporting market growth. These systems provide a single management as well as reporting point to simplify the security management. This, in turn, is expected to dictate the growth curve of the unified threat management market in the forthcoming years.
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Competitive Dashboard:
WatchGuard Technologies, Inc. (U.S), Cisco Systems Inc. (U.S), Fortinet (U.S), International Business Machines Corporation(U.S), Sophos Group plc (U.K), Symantec Corporation (U.S), Dell Inc. (U.S), Barracuda Networks, Inc. (U.S), Huawei Technologies Co. Ltd. (China), Check Point Software Technologies Ltd. (Israel), Netgear Inc. (U.S),, Juniper Networks, Inc. (U.S), The Hewlett-Packard Company (U.S), Palo Alto Networks, Inc. (U.S), Comodo Group Inc. (U.S), Hillstone Networks Inc. (China), Intel Corporation (U.S) , Stormshield (France), Untangle (U.S), Venustech (U.S), Rohde & Schwarz GmbH & Co KG (Germany), Zyxel Communications Corp (Taiwan), Aker Security Solutions (Brazil), and Trustwave Holdings (U.S) are some of the key participants of the global unified threat management market. These players are expected to innovate product portfolios in the years to come to capture more market shares and enhance their market positions. Investments in research & development are anticipated to fuel competition in the global market. Also, the focus on regional expansion for strengthening market footholds is prognosticated to impact the competitive landscape of the unified Threat management market positively. Increasing number of product launches are supposed to augment the competitive landscape of the unified Threat management market. In addition, inorganic approaches of growth such as collaborations, alliances, partnerships, mergers and acquisitions, agreements, etc. are expected to be witnessed in the market in the near future.
Market Segmentation:
By Component, the Unified Threat Management Market has been divided into Hardware, and Software.
By Deployment, the unified threat management market has been divided into On-Premise and On Cloud.
By Organization Size, the unified threat management market has been divided into SMEs, and Large Enterprise.
By vertical, the unified threat management market has been segmented into BFSI, utilities, government, retail.
Regional Analysis:
The geographical analysis of the global unified threat management market is covered for four main regional segments. These segments are – North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW). These regional segments are also assessed further to present a country level geographical assessment. Rising adoption of cloud security infrastructure in North America has expanded the growth of the market in the region. It is presumed that the region is likely to maintain a significant market share in the years to come. Europe market is also poised to witness substantial growth over the assessment period. Meanwhile, Asia Pacific exhibits immense growth potential. The unified threat management market in the region is supposed to register healthy rate of growth during the prognosis period.
LIST OF TABLES
Table 1 Global Unified Threat Management Market: By Region, 2017-2023
Table 2 North America Unified Threat Management Market: By Country, 2017-2023
Table 3 Europe Unified Threat Management Market: By Country, 2017-2023
Table 4 Asia-Pacific Unified Threat Management Market: By Country, 2017-2023
Table 5 Middle East & Africa Unified Threat Management Market: By Country, 2017-2023
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LIST OF FIGURES
FIGURE 1 Global Unified Threat Management Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Unified Threat Management Market
FIGURE 4 Value Chain Of Global Unified Threat Management Market
FIGURE 5 Share Of Global Unified Threat Management Market In 2017, By Country (In %)
Continued……
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