(MENAFN- GetNews) Global Unified Threat Management Market, By Component (Hardware, Software), Deployment (On-Premise, On Cloud), Organization Size (SMEs, Large Enterprise), Vertical (BFSI, Government, Utilities, Retail) - Forecast Till 2023
Key Players
The prominent players in the unified threat management market are WatchGuard Technologies, Inc. (US), Fortinet Inc. (US), Cisco Systems Inc. (US), IBM Corporation (US), Dell Inc. (US), Sophos Ltd (UK), Symantec Corporation (US), Barracuda Networks, Inc. (US), Check Point Software Technologies Ltd. (Israel), Huawei Technologies Co. Ltd. (China), Netgear Inc. (US), Juniper Networks, Inc. (US), Palo Alto Networks, Inc. (US), Hewlett Packard Enterprise (US), Hillstone Networks Inc. (China), Intel Corporation (US) , Comodo Group Inc. (US), Venustech (US), Stormshield (France), Untangle (US), Rohde & Schwarz GmbH & Co KG (Germany), Aker Security Solutions (Brazil), Zyxel Communications Corp (Taiwan), Trustwave Holdings (US) among others are profiled in Market Research Future analysis and are at the forefront of competition in the unified threat management market.
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Unified Threat Management Market Global Market - Overview
Every industry or enterprise today rely on network to manage and share data and every network is prone to cyber threat. As we adopt advanced technologies such as Cloud and IoT, cyber security threats are also becoming sophisticated. To monitor and control such sophisticated threat we need to move from traditional security measures and apply advanced threat detection and monitoring techniques. Unified threat management uses intelligent defence, adaptive analytics and integrated controls to detect and demolish the attacks in real-time.
Unified threat management offers vulnerability intelligence to improve cyber-attack identification. Unified threat management solutions offer firewall, VPN, gateway anti-virus, intrusion detection and prevention, content filtering, bandwidth management, multiple link load balancing, and gateway failure among other features. Identity based unified threat management solution further offers granular visibility into the network regarding who is accessing data or internet websites and applications which reduces internal threats to the organization. Increasing usage of virtual private network for content sharing among enterprise which are highly prone to sophisticated cyber-attacks is driving the unified threat management market. Furthermore, increasing adoption of cloud-based services by both large as well as enterprises is further fueling the growth of the market. The major challenge hampering the growth of unified threat management market is lack of awareness of advanced techniques such as unified threat management for threat detection and management.
Market Research Analysis
The global Unified Threat Management Market is consists of the Americas, Europe, Asia Pacific, and Rest of world. North America is dominating the global unified threat management market. The unified threat management market is witnessing a high growth due to huge demand from various verticals such asgovernment and defense, IT and telecom, healthcare, retail, and others. Europe is projected to hold the second largest share of the unified threat management market during the forecast period. Asia Pacific is expected to witness the highest CAGR in the coming years.
Segmentation
Segmentation by Component: Hardware and Software
Segmentation by Deployment: On-premise and On-cloud
Segmentation by Organization Size: Large enterprises, small and medium enterprises.
Segmentation by Vertical: BFSI, Government, Utilities, IT & telecommunication, Manufacturing, Retail and Others.
Segmentation by Region: North America, Europe, Asia-Pacific and Rest of the world.
Regional Analysis
The regional analysis of unified threat management market is studied for North America, Europe, Asia-Pacific and Rest of the World. North America is leading the unified threat management market due to highly connected infrastructure which require advanced security solutions to reduce cyber-attacks. Also, most of the key players offering unified threat management solutions are from the North America region which are constantly investing in research and development of emerging technologies to offer cost effective solutions to their customers.
The Asia-Pacific region also contributes towards the growth of unified threat management market and is expected to grow at a faster rate during the forecast period due to increasing adoption of cloud services by every industry vertical which demands advanced security solutions for ensuring data security.
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Industry News
July 2018 Red Piranha launched Australia's first unified threat management platform.
Red Piranha, an end to end cyber security product developer, launched Crystal Eye, a unified threat management platform. The platform is designed for managed service providers and clients who require high information security. The next generation platform offers multi-layer security reducing the risk from advanced cyber-attacks, malicious software and insider threats. The platform protects the data and performs data backup, IP mapping, and advanced packet inspection. The platform can be implemented on Red Piranha hardware or cloud platform.
April 2017 RapidScale launched unified security management as a part of its CloudSecurity offerings.
RapidScale, a managed cloud service provider launched CloudSecurity offering which is powered by AlienVault. The solution is capable of asset discovery, behavioral monitoring, vulnerability assessment, SIEM, and intrusion detection and eliminates additional need for integrating and maintaining multi point security. All the essential security controls are embedded into a unified solution used for monitoring client's cloud, hybrid cloud, and on-premise infrastructure.
LIST OF TABLES
Table 1 Global Unified Threat Management Market: By Region, 2017-2023 Table 2 North America Unified Threat Management Market: By Country, 2017-2023
Table 3 Europe Unified Threat Management Market: By Country, 2017-2023
Table 4 Asia-Pacific Unified Threat Management Market: By Country, 2017-2023
Table 5 Middle East & Africa Unified Threat Management Market: By Country, 2017-2023
Continued…..
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LIST OF FIGURES
FIGURE 1 Global Unified Threat Management Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Unified Threat Management Market
FIGURE 4 Value Chain Of Global Unified Threat Management Market
FIGURE 5 Share Of Global Unified Threat Management Market In 2017, By Country (In %)
Continued…..
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