Unified Threat Management Market To Witness Strong Growth As Incidences Of Data Security Breach Are Growing All Over The World | IBM Corporation, Huawei Technologies Co. Ltd., Fortinet Inc.

Unified Threat Management Market To Witness Strong Growth As Incidences Of Data Security Breach Are Growing All Over The World | IBM Corporation, Huawei Technologies Co. Ltd., Fortinet Inc.

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Unified Threat Management is an approach to information security that uses a single software and hardware installation to perform multiple security functions. This differs from traditional point solutions, which are often expensive and require separate software installations and hardware. Moreover, unified threat management is designed to work with a wide range of devices, including mobile phones, PCs, and servers. For example, unified threat management can provide antivirus protection, firewall protection, and anti-spam solutions, which are often not compatible with each other. One of the most common applications of unified threat management is browser extensions. This feature prevents Internet users from visiting websites that are deemed unsafe.

???????????? ???????????????????????????????????? ????????????????????????????: Check Point Software Technologies Ltd., WatchGuard Technologies Inc., Juniper Networks Inc., Cisco Systems Inc., IBM Corporation, Huawei Technologies Co. Ltd., Fortinet Inc., Hillstone Networks Inc., SonicWALL Inc., and Comodo Group Inc

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Market Dynamics:

Increasing awareness regarding virtual private network in end-users and growing development so of next-gen UTM solutions is expected to augment growth of the global unified threat management market over the forecast period. For instance, in July 2020, Mozilla announced the launch of its virtual private network (VPN) in the U.S., Canada, the U.K. and three other countries.

However, factors such as lack of sustainability, network performance degradation, and lack of adoption in enterprise market are likely to hinder growth of the global unified threat management market over the forecast period.

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➤ North America: United States, Mexico and Canada

➤ South & Central America: Argentina, Chile, Brazil and Others

➤ Middle East & Africa: Saudi Arabia, UAE, Israel, Turkey, Egypt, South Africa & Rest of MEA.

➤ Europe: UK, France, Italy, Germany, Spain, BeNeLux, Russia, NORDIC Nations and Rest of Europe.

➤ Asia-Pacific: India, China, Japan, South Korea, Indonesia, Thailand, Singapore, Australia and Rest of APAC.

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Impact of COVID-19:

The global unified threat management market witnessed adverse impact of COVID-19 pandemic. The global economy was disrupted during the pandemic as market activities were suspended in many countries. To control spread of the virus, several countries implemented restriction due to which many markets and businesses were shut down during the pandemic. As many companies adopted work from home module, the demand for unified threat management decreased during the pandemic, affecting growth of the market. However, as the COVID-19 pandemic situation settles down, the market growth is expected to increase.

Key Takeaways:

• The global unified threat management market is expected to grow with a CAGR of XY% during the forecast period due to growing incidence of data security breaches. For instance, in March 2020, a Chinese social network, Weibo was breached by hackers, where personal data of more than 538 million users of Weibo was leaked and put on sale online by hackers.

• Among regions, North America is projected to witness substantial growth in the global unified threat management market over the forecast period. This is due to increasing cloud security infrastructure and high awareness about the importance of cyber security in the region.

• Major player operating in the global unified threat management market include WatchGuard Technologies, Inc., Barracuda Networks, Inc., Sophos Ltd., Cisco Systems, Inc., Juniper Networks, Inc., Check Point Software Technologies Ltd., Untangle, Inc., SonicWall, Huawei Technologies Co., Ltd., and Fortinet, Inc.

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➤ What is the estimated growth rate of the market for the forecast period of 2022-2028?

➤ What will the market size be in the anticipated time frame?

➤ What are the primary aspects that will determine the Unified Threat Management Market‘s fate over the forecast period?

➤ What are the major market players’ winning strategies for building a strong presence in the Unified Threat Management Market industry?

➤ What are the primary market trends influencing the Unified Threat Management Market’s growth in various regions?

➤ What are the biggest dangers and difficulties that are likely to stymie the Unified Threat Management Market’s growth?

➤ What are the most critical opportunities for market leaders to succeed and profit?

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1. Market Overview

Research Objective and Assumption

Research Objectives

Assumptions

Abbreviations

2. Market Preview

Report Description

Market Definition and Scope

Executive Summary

Market Snippet, By Function

Market Snippet, By Application

Market Snippet, By Region

Coherent Opportunity Map (COM)

3.Market Dynamics, Regulations, and Trends Analysis

Market Dynamics

Drivers

Restraints

Market Opportunities

Regulatory Scenario

Industry Trend

Merger and Acquisitions

New system Launch/Approvals

Value Chain Analysis

Porter’s Analysis

PEST Analysis

Continue…

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Published Fri, 22 Jul 2022 02:26:56 -0500