Unified Threat Management Market - Global Market Forecasts & Analysis (2014 - 2019)
During the projected period 2014-2019, the Unified Threat Management Market is predicted to increase at a CAGR of 11.5 percent, from $2,584.6 million in 2014 to $4,445.7 million in 2019.
Unified Threat Management (UTM) is an integrated security system that includes network firewalling, gateway antivirus, gateway anti-spam, VPN, load balancing, data leak prevention, content filtering, and on-appliance reporting, all of which provide significant value to businesses.
Over the previous decade, demand for UTM solutions and services has increased due to the encapsulation of all such security capabilities within a single appliance. Small businesses were once the primary end users of unified threat management because of its numerous benefits, such as low cost, ease of deployment, and configuration, but enterprises are now adopting UTM solutions because of its scalable and agile features, which can reduce energy consumption and improve IT productivity.
In terms of cost effectiveness and an integrated strategy, unified threat management solutions offer numerous benefits. However, the consolidation of numerous security technologies into a single network device has resulted in performance loss, making the UTM solution less suitable for use in situations needing consistent and high network throughput in the past. The Unified Threat Management market has been unable to acquire headway in large companies as a result of this difficulty.
To meet this challenge, providers are constantly improving their solution offerings in terms of quality and amount of features, ensuring that they are in line with the needs of major businesses. UTM centralised consoles are being deployed across numerous branch offices of bigger enterprises to provide security for an entire infrastructure, removing the need to maintain each site or gateway separately, decreasing administrative expenses and errors.
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