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
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Unified Threat Management (UTM) Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors