The market is also slated to procure a CAGR of 14% between 2017 and 2023 (appraisal period).Primary Boosters and Key BarriersThe impact analysis on covid-19 by MRFR suggests that the unified threat management market can observe sustainable growth in the face of the prevalent economic turbulence.
The rising implementation of the remote working strategy, on account of the lockdown has put massive stress on all the networking technologies and has led to mounting concerns related to operational technology’s security risk, given the fragile home network security.
We will provide COVID-19 impact analysis with report.The unified threat management market can witness relentless expansion backed by the rising instances of cyber-attacks coupled with the consequent increase in the need for cyber-security.
These solutions are also sought-after thanks to their low cost and easy to use properties.
The soaring awareness level regarding virtual private network among enterprises belonging to various industries and the ongoing attempts to boost the quality of UTM solutions can also enhance market expansion prospects.Renowned CompaniesHillstone Networks Inc. (China), Symantec Corporation (U.S), Check Point Software Technologies Ltd. (Israel), Netgear Inc. (U.S), Huawei Technologies Co. Ltd. (China), Cisco Systems Inc. (U.S), International Business Machines Corporation(U.S), Rohde & Schwarz GmbH & Co KG (Germany), Dell Inc. (U.S), Sophos Group plc (U.K), Trustwave Holdings (U.S), WatchGuard Technologies, Inc. (U.S), The Hewlett-Packard Company (U.S), Juniper Networks, Inc. (U.S), Barracuda Networks, Inc. (U.S), Comodo Group Inc. (U.S), Venustech (U.S), Stormshield (France), Untangle (U.S), Palo Alto Networks, Inc. (U.S), Zyxel Communications Corp (Taiwan), Aker Security Solutions (Brazil), Fortinet (U.S), Intel Corporation (U.S), are the most renowned companies listed in the report.Market SegmentationThe primary segments based on which the Unified Threat Management (UTM) Market has been reviewed in the report include component, deployment, organization size and end-users.The components covered during market review are hardware as well as software.The deployment-based segments include on-premise and on cloud.The organization size-wise market segmentation comprises small and medium-sized enterprises, along with large enterprise.The end-use verticals include retail, Utilities, IT, BFSI, government, manufacturing, telecom, and others.Check Discount @ https://www.marketresearchfuture.com/check-discount/4937Regional InsightAsia Pacific or APAC, North America, Europe and RoW or the Rest of the World are the main regions considered while assessing the Unified Threat Management Industry.North America ranks among the top-performing markets for unified threat management solutions with the strong demand arising due to the rising prevalence of the cloud security infrastructure.
The high awareness with regard to cyber security and the knowledge about next-generation solutions that are required to deal with the situation works in favor of the regional market.