Unified Threat Management Market Scope Market Research Future (MRFR) presumes that the Unified Threat Management Market 2020 can touch a striking valuation of USD 7 billion by 2023-end. The market is also slated to procure a CAGR of 14% between 2017 and 2023 (appraisal period). Primary Boosters and Key Barriers The impact analysis on covid-19 by MRFR suggests that the unified threat management market can observe sustainable growth in the face of the prevalent economic turbulence. The rising implementation of the remote working strategy, on account of the lockdown has put massive stress on all the networking technologies and has led to mounting concerns related to operational technology’s security risk, given the fragile home network security. The long-term impact of covid-19 can mean significant economic loss and various industries coming to a standstill. Get Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/4937 However, it is projected that the ICT sector can be quite resilient, given the increasing use of the cloud technology as well as communication technologies. MRFR is incessantly assessing the short term impact of the pandemic on the industry dynamics, while reviewing the future prospects, with the aim to offer actionable insights. We will provide COVID-19 impact analysis with report. The unified threat management market can witness relentless expansion backed by the rising instances of cyber-attacks coupled with the consequent increase in the need for cyber-security. The market growth is also warranted by the increasing uptake of the latest security measures and techniques across corporate sectors, in an attempt to curb the number of cybercrimes. The increasing use of internet and the high dependency on the web applications has resulted in an unprecedented surge in data and identity theft, which bolsters the demand for UTM solutions. These solutions are also sought-after thanks to their low cost and easy to use properties. The soaring awareness level regarding virtual private network among enterprises belonging to various industries and the ongoing attempts to boost the quality of UTM solutions can also enhance market expansion prospects. Market Segmentation The primary segments based on which the Unified Threat Management (UTM) Market has been reviewed in the report include component, deployment, organization size and end-users. The components covered during market review are hardware as well as software. The deployment-based segments include on-premise and on cloud. The organization size-wise market segmentation comprises small and medium-sized enterprises, along with large enterprise. The end-use verticals include retail, Utilities, IT, BFSI, government, manufacturing, telecom, and others.
Unified Threat Management Market 2021 COVID-19 Pandemic Impact, Development Strategy by 2027
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