Unified Threat Management (UTM) Market Size, Share & Trends Analysis, By Component (Hardware, Virtual), By Service (Consulting, Managed UTM), By End Use (Telecom & IT, BFSI), Region and Forecast Period 2022 – 2030 (Updated Version Available)

Report ID - MRC_1763 | Pages - 251 | Category - Network Security

Market Insights:

The global Unified Threat Management (UTM) Market is projected to grow from USD 5.1 Bn in 2021 to 12.94 Bn by 2030, at a CAGR of 10.9% in forecast period, 2022-2030.

Driver:
The increased adoption of Unified Threat Management (UTM) in the Network Security industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Unified Threat Management (UTM) also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Unified Threat Management (UTM) in many sectors also boosts the market growth during the forecast period.

How much is the Unified Threat Management (UTM) Market worth ?

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Unified threat management (UTM) is an information security phrase. UTM is a security solution that enables the delivery of several security functions from a single location on a network or platform. It has features including content filtering, leak prevention, intrusion prevention and detection, anti-spyware, antivirus, and a network firewall. UTM units also allow virtual private networks (VPN), remote routing, and network address translation.

Unified Threat Management (UTM) Market Research Report” was just released by Market Research Community. It is divided into several categories, including Component (Hardware, Software, Virtual), Service (Consulting, Managed UTM, Support & Maintenance), End Use (BFSI, Government, Healthcare, Manufacturing, Retail, Telecom & IT, Others), Deployment (Cloud, On-Premise), and companies (Untangle, Inc.; Juniper Networks, Inc.; Sophos Ltd.; and WatchGuard Technologies, Inc., Barracuda Networks, Inc.; Cisco Systems, Inc.; Check Point Software Technologies Ltd.; SonicWall; Fortinet, Inc.; Huawei Technologies Co., Ltd), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 10.9%, over the forecast period of 2022–2030

Report Coverage:

Report Attributes Report Details
Study Timeline 2018-2030
Market Size in 2030 (USD Billion) 12.94 Billion
CAGR (2022-2030) 10.9%
By Component Hardware, Software, Virtual
By Service Consulting, Managed UTM, Support & Maintenance
By End Use BFSI, Government, Healthcare, Manufacturing, Retail, Telecom & IT, Others
By Deployment Cloud, On-Premise
By Geography North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Key Players Untangle, Inc.; Juniper Networks, Inc.; Sophos Ltd.; and WatchGuard Technologies, Inc., Barracuda Networks, Inc.; Cisco Systems, Inc.; Check Point Software Technologies Ltd.; SonicWall; Fortinet, Inc.; Huawei Technologies Co., Ltd.

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Covid-19 Impact:

The COVID-19 pandemic has had a substantial negative influence on the Unified Threat Management (UTM) market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.

Industry Competitive Landscape:

The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-

Untangle, Inc.; Juniper Networks, Inc.; Sophos Ltd.; and WatchGuard Technologies, Inc., Barracuda Networks, Inc.; Cisco Systems, Inc.; Check Point Software Technologies Ltd.; SonicWall; Fortinet, Inc.; Huawei Technologies Co., Ltd.

Market Segment Analysis:

By Component

  • Hardware
  • Software
  • Virtual

By Service

  • Consulting
  • Managed UTM
  • Support & Maintenance

By Deployment

  • Cloud
  • On-Premise

By End Use

  • BFSI
  • Government
  • Healthcare
  • Manufacturing
  • Retail

Region

The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2021, some of these regions expected to contribute the largest share during the forecast period.

The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Unified Threat Management (UTM) industries in the region.

Key Unified Threat Management (UTM) Market Trends

– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Unified Threat Management (UTM) Market segments.

– Largest Market Share Held by Industry to Industry for Unified Threat Management (UTM)

– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.

– Demand from the geographical area is estimated to boost growth.

– Growing Market Segment Adoption in the Unified Threat Management (UTM) Industry

– Over the forecast period, higher growth rates are anticipated in in some regions

Why Purchase the Industry Report by MRC

There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.

Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.

Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.

The competitive landscape includes the proportions of important players, recent innovations, and strategy.

Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.

Table of Content

To check our Table of Contents, please mail us at: [email protected]

Research Methodology

The Market Research Community offers numerous solutions and its full addition in the research methods to be skilled at each step. We use wide-ranging resources to produce the best outcome for our customers. The achievement of a research development is completely reliant on the research methods implemented by the company. We always faithful to our clients to find opportunities by examining the global market and offering economic insights.

Market Research Community are proud of our widespread coverage that encompasses the understanding of numerous major industry domains. Company offers consistency in our research report, we also offers on the part of the analysis of forecast across a range of coverage geographies and coverage. The research teams carry out primary and secondary research to carry out and design the data collection methods.

Unified Threat Management (UTM) Market Size, Share & Trends Analysis, By Component (Hardware, Virtual), By Service (Consulting, Managed UTM), By End Use (Telecom & IT, BFSI), Region and Forecast Period 2022 – 2030 (Updated Version Available)
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