Unified Threat Management (UTM) Market Report

Unified Threat Management (UTM) Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020

Format: PDF  |  Report ID: 530

Securing the networks against potential threats has now become a major challenge for the IT department in any organization. As the task of securing networks is increasing exponentially, network administrators are forced to integrate new components and technologies. Unified Threat Management (UTM) is a converged platform of point security products. It is the primary network gateway defense solution for organizations and is well-suited for small and midsize businesses. UTM is the evolution of the traditional firewall into a security product that is capable of performing multiple security functions within one single appliance: gateway anti-spam, network intrusion prevention and gateway antivirus, network firewalling, load balancing, data leak prevention, content filtering and on-appliance reporting. Unified Threat Management solution offers multiple advantages in terms of cost effectiveness, integrated approach, regulatory compliance, simplicity and reduced technical training requirements.

Segmentation of the UTM market can be done on the basis of appliances: hardware, virtual, and software; on the basis of distribution channels: direct, distributors and value added resellers (VARS); and on the basis of services: support and maintenance. The market can also be segmented by organization size into small, medium and large enterprises, small office home office (SOHO); on basis of industries: healthcare, education, retail, government and utilities, BFSI, telecom and IT. In the current scenario, the U.S. has been the largest, most competitive and prime focused market for UTM vendors. EU region has been a mature market but it is expected to grow at a slower pace over the forecast period. Asia Pacific has been lagging in the implementation of UTM, but China, India, Japan, Australia are expected to capture most of the market share in the future as upcoming business in these region may require security capabilities offered by UTM products. Expected drivers for UTM market are emerging technologies and sophisticated threats, new product features and security functions, consolidation of multiple products into a single product; UTM products support new technologies enabling competitive business, its security functions that enable efficient compliance with government and industrial regulations. Increased competition from specialized vendors, customer fear of single point failure for network traffic, increase in product prices and economic slowdown resulting in reduction of security budget are expected to be major market restraint. Enhanced service capabilities, extensive deployment of UTM products, and enhanced value to end users may act as major opportunities in this market. Key vendors in the unified threat management are WatchGuard, Juniper Networks, Dell SonicWALL, Sophos, Fortinet, Check Point, Cisco, Barracuda Networks, McAfee among others.

This report by Grand View Research provides complete market estimates and forecasts up to 2020. The study also explains in detail various market dynamics including key drivers, restraints, growth opportunities and competitive landscape. Key questions answered by the report include:

  • What is the current market size and what are the future growth prospects of the market
  • What are the key applications in the market and what is their future potential
  • What are the factors driving market growth and what are the key challenges for participants in this industry
  • How will key regional markets perform up to 2020
  • What is the competitive scenario in the market, which companies are expected to lead the market over the next six years
Key questions answered by the report
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