Market Overview:
The global unified threat management (UTM) market is expected to grow from USD 5.27 billion in 2018 to USD 11.48 billion by 2030, at a CAGR of 10.5% from 2018 to 2030. The growth of the UTM market can be attributed to the increasing number of cyber-attacks and data breaches across organizations, and the need for an integrated security solution that can protect against various types of threats. Additionally, the growing demand for cloud-based UTM solutions is also contributing to the growth of the UTM market.
Product Definition:
Unified Threat Management (UTM) is a security term for a class of software and hardware products that integrate multiple security features into a single device or platform. These features can include firewalls, intrusion detection/prevention systems (IDS/IPS), anti-virus, spam filtering, and Web content filtering.
The goal of UTM is to provide an all-in-one solution that addresses as many security concerns as possible in order to make the deployment and management of security infrastructure simpler and less expensive. UTM devices are often marketed as "endpoint protection" solutions, meaning they can protect any device on a network from threats such as malware, viruses, spyware, phishing attacks, etc.
Hardware:
Hardware is the part of IT infrastructure that helps in carrying out a specific task more efficiently. In case of security, hardware plays an important role in providing protection by detecting and repelling threats. Hardware can be used for various purposes such as data encryption, decryption, digital signing etc.
UTM is a combination of network security solutions.
Software:
Software is the collection of tools and techniques that are used to carry out a specific task or series of tasks. In case of UTM, software is used for providing security services such as detection, prevention, protection from threats. The different types of software solutions available in the market include network intrusion detection system (NIDS), firewall (WAF), Unified Threat Management (UTM) solution etc.
Application Insights:
The Small and Medium-sized Enterprises (SMEs) segment held the largest market share in 2017. Unified threat management solutions are gaining significant traction among SMEs as they offer a cost-effective security solution and also help them to manage complex IT environments. The large enterprises segment is expected to register the highest CAGR over the forecast period owing to factors such as an increase in cyberattacks, data breaches, malware infections, frauds and other criminal activities that lead to increased expenditure on UTM solutions.
Furthermore, large enterprises usually have a centralized infrastructure with a highly diversified set of applications that need constant monitoring for protection against online threats. A unified threat management platform from Trend Micro helps these organizations detect and analyze network traffic so that they can protect their systems against online attacks while maintaining operational efficiency at reduced costs.
Regional Analysis:
North America is expected to dominate the global market over the forecast period. This growth can be attributed to increased cyber-attacks and high adoption of technology in this region. The U.S., being a developed economy, has been witnessing an increase in cyber-attacks from developing economies such as China and Russia, which has led to a need for effective threat management solutions in this region.
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to rising awareness about threats faced by organizations from data breaches.
Growth Factors:
- Increasing demand for UTM from small and medium businesses (SMBs) due to the growing awareness of cyber threats and the need for comprehensive security solutions.
- The increasing number of sophisticated cyber attacks, which has led to an increase in spending on security solutions by organizations of all sizes.
- The growing trend of Bring Your Own Device (BYOD) and the consequent increase in the number of mobile devices being used in organizations, which has made it imperative for businesses to deploy UTM solutions that can secure mobile devices as well as networks.
- Rapid growth in cloud computing and big data, which is resulting in a surge in the number of sensitive data being stored and accessed online, making organizations more vulnerable to cyber attacks.
- Growing demand for integrated security platforms that can provide comprehensive protection against a wide range of threats across different platforms (PCs, Macs, smartphones, tablets etc.).
Scope Of The Report
Report Attributes
Report Details
Report Title
Unified Threat Management Market Research Report
By Type
Hardware, Software, Virtual
By Application
SMEs, Large Enterprises
By Companies
Barracuda, Checkpoint, Cisco, Dell Sonicwall, Fortinet, HP, IBM, Juniper, Sophos, Watchguard
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Unified Threat Management Market Report Segments:
The global Unified Threat Management market is segmented on the basis of:
Types
Hardware, Software, Virtual
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
SMEs, Large Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Barracuda
- Checkpoint
- Cisco
- Dell Sonicwall
- Fortinet
- HP
- IBM
- Juniper
- Sophos
- Watchguard
Highlights of The Unified Threat Management Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hardware
- Software
- Virtual
- By Application:
- SMEs
- Large Enterprises
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Unified Threat Management Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Unified Threat Management (UTM) is a comprehensive security solution that helps organizations manage and monitor their network threats. It integrates multiple security tools into one platform to help identify and respond to attacks more quickly. UTM also provides real-time visibility into all activity on the network, helping administrators make informed decisions about how to protect their assets.
Some of the major players in the unified threat management market are Barracuda, Checkpoint, Cisco, Dell Sonicwall, Fortinet, HP, IBM, Juniper, Sophos, Watchguard.
The unified threat management market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Unified Threat Management Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Unified Threat Management Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Unified Threat Management Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Unified Threat Management Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Unified Threat Management Market Size & Forecast, 2020-2028
4.5.1 Unified Threat Management Market Size and Y-o-Y Growth
4.5.2 Unified Threat Management Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Hardware
5.2.2 Software
5.2.3 Virtual
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 SMEs
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Unified Threat Management Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Unified Threat Management Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Hardware
9.6.2 Software
9.6.3 Virtual
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 SMEs
9.10.2 Large Enterprises
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Hardware
10.6.2 Software
10.6.3 Virtual
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 SMEs
10.10.2 Large Enterprises
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Hardware
11.6.2 Software
11.6.3 Virtual
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 SMEs
11.10.2 Large Enterprises
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Hardware
12.6.2 Software
12.6.3 Virtual
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 SMEs
12.10.2 Large Enterprises
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Hardware
13.6.2 Software
13.6.3 Virtual
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 SMEs
13.10.2 Large Enterprises
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Unified Threat Management Market: Competitive Dashboard
14.2 Global Unified Threat Management Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Barracuda
14.3.2 Checkpoint
14.3.3 Cisco
14.3.4 Dell Sonicwall
14.3.5 Fortinet
14.3.6 HP
14.3.7 IBM
14.3.8 Juniper
14.3.9 Sophos
14.3.10 Watchguard
