Unified Threat Management (UTM) Market Bigger Than Expected | Cisco Systems, Inc., SonicWall, Fortinet, Inc.

Global Unified Threat Management (UTM) Market Size study, by Deployment Outlook (Cloud, On-premise), Enterprise (Large Enterprise, Small & Medium Enterprise), by End use (BFSI, Government, Healthcare, Manufacturing, Retail, Telecom & IT, Others) and Regional Forecasts 2021-2027, The ‘ Unified Threat Management (UTM) market’ research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview; Unified Threat Management (UTM) derived key statistics, based on the market status of the manufacturers and is a valuable source of guidance and direction for companies and individuals interested in Unified Threat Management (UTM) market size forecast, Get report to understand the structure of the complete fine points (Including Full TOC, List of Tables & Figures, Chart).

A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021

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Key Segments Studied in the Global Unified Threat Management (UTM) Market 

Global Unified Threat Management (UTM) Market to reach USD 13.18 billion by 2027. Global Unified Threat Management (UTM) Market is valued approximately USD 5.17 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 14.3 % over the forecast period 2021-2027. unified threat management (UTM) is characterized as a single solution approach to cyber security that provides numerous security functions Rather than having single point solutions for each sort of danger. Increase in number of data breaches and growing investments in cyber security has led the adoption of Unified Threat Management (UTM) across the forecast period. Increase in cyber security adoption encapsulate of all such security features such as network firewalling, gateway antivirus, gateway anti-spam within a single appliance. For instance, As per cybercrime magazine, The 2019 U.S. President’s budget includes $15 billion for cybersecurity, a $583.4 million (4.1 percent) increase over 2018 and U.S. federal government will increase budget from $10.9 billion in FY 2018 to over $14.1 billion in FY 2023. However, degradation in performance features impedes the growth of the market over the forecast period of 2021-2027. Also, with the need to meet regulatory compliance, integrated approach, simplicity, and reduced technical training requirements, the adoption & demand for Unified Threat Management (UTM) is likely to increase.

Global Unified Threat Management (UTM) Market is segmented on the basis of geographical region as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the technology advancement and major IT industry located in this region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as rising cyber threats and territorial disputes between nations would create profitable growth prospects for the Unified Threat Management (UTM) Market across Asia-Pacific region.

Major market player included in this report are:

• Barracuda Networks, Inc.
• Checkpoint Software Technologies Ltd.
• Cisco Systems, Inc.
• SonicWall
• Fortinet, Inc.
• Huawei Technologies Co., Ltd.
• Untangle, Inc.
• Juniper Networks, Inc.
• Sophos Ltd.
• WatchGuard Technologies, Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Deployment Outlook:

• Cloud
• On-premise
• By Enterprise:
• Large Enterprise
• Small & Medium Enterprise

By End Use:

• BFSI
• Government
• Healthcare
• Manufacturing
• Retail
• Telecom & IT
• Others

Key Considerations for Market Forecast:

• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
• Pre- as well as post-COVID-19 market estimates
• Quarterly impact analysis and updates on market estimates

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The report provides a snapshot of the global market size, segmentation data, marketing growth strategies, market share, export and import information, analysis and forecast of market trends, competition, domestic production, best sales prospects, statistical data, tariffs, regulations, distribution and business practices, end-user analysis, contact points and more. These research reports include information about competitive strategies, solutions, fact-based research, key takeaways, recommendations, market considerations, emerging business models and market opportunities for multiple segments of an industry. Market research reports assist in solving business problems and making better decisions to improve business as per the prevalent market trends.

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• Market share assessments for the regional and country-level segments
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• Company profiling with detailed strategies, financials, and recent developments
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Browse market information, tables and figures extent in-depth TOC, The latest independent research document on various market development activities and business strategies such as new product/services development, Joint Ventures, partnerships, mergers and acquisitions, etc. In order to provide a more informed view, a market company profiles include Business Overview, Product / Service Offerings, SWOT Analysis, Segment & Total Revenue, Gross Margin and % Market Share. This report explores market definitions, overview, classification, segmentation, inclusive of market type and applications followed by product specifications, manufacturing initiatives, pricing structures, raw material sourcing and supply chain analysis.

About Data Collection and Research Methodology: Majorly data is collected via primary sources that includes interviews and survey with industry experts from core and related industries, and manufacturers and part suppliers involved in supply chain. Additionally, secondary sources are also utilized like annual reports, whitepapers, press releases etc.

Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan

In-Depth Qualitative Analyses Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.

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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis

• Market size and growth rate during forecast period.
• Key factors driving the Market.
• Key market trends cracking up the growth of the Market.
• Challenges to market growth.
• Key vendors of Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.

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Competitiveness Industry concentration – This is a measure of the number of firms in an industry and the size of the predominant firms in the industry. It indicates the nature of the competition. Identify the most important players in the industry. What percent of the market is controlled by the largest companies (for example, the four largest firms)? What is the market share of each major firm? What is the number of firms over a certain size? Is there a dominant industry leader? Who is it?

Key Points Covered in Unified Threat Management (UTM) Market Report: Study Explore COVID 19 Outbreak Impact Analysis

Continued….

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