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Transformative Trends Impacting the Unified Threat Management Market Landscape: Advancements In Fleet Secure Unified Threat Management For Enhanced Maritime Cybersecurity
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shiftsHow Large Will the Unified Threat Management Market Size By 2025?
There has been a swift expansion in the unified threat management market size in the last few years. The market, valued at $7.35 billion in 2024, is expected to surge to $8.31 billion in 2025, representing a compound annual growth rate (CAGR) of 13.1%. Factors contributing to the growth during the historical period include the escalating cybersecurity threats, heightened internet usage, widespread adoption of mobile devices, an expanded remote workforce, and the growth of cloud computing.
How Big Is the Unified Threat Management Market Size Expected to Grow by 2029?
In the coming years, the unified threat management market is predicted to witness significant expansion, reaching a value of $13.5 billion in 2029 with a compound annual growth rate (CAGR) of 12.9%. Factors contributing to this growth in the projected period include the escalating complexity of malware, the proliferation of IoT devices, the transition towards edge computing, integration into security orchestration, and an enhanced understanding of cybersecurity significance. Key trends during this forecast period encompass technological advancements, innovation in products, initiatives in cloud security, and the development of web applications.
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Which Key Market Drivers Powering Unified Threat Management Market Expansion and Growth?
The growth of the unified threat management market is poised for expansion due to the increasing instances of cyber-attacks. A cyber-attack is defined as a deliberate act aimed at unauthorized access to a network or digital device, with the intent to steal, expose, alter, disable or annihilate data, applications, or other assets. Unified Threat Management, or UTM, solutions provide a centralized platform to monitor and control a wide variety of cyber threats like malware, network attacks, and other security hazards, thereby streamlining network security management. As per the Australian Cyber Security Centre, a firm specializing in cybersecurity based in Australia, the number of reported cybercrimes was 76,000 in 2022, marking a 13% increase from the previous year. Consequently, the surge in cyberattacks is fueling the growth of the unified threat management market.
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Which Fast-Growing Trends Are Poised to Disrupt the Unified Threat Management Market?
Leading players in the unified threat management sphere are concentrating on creating cutting-edge solutions, such as Fleet Secure Unified Threat Management, to meet several crucial industry needs. Fleet Secure Unified Threat Management (UTM) is a holistic cybersecurity solution devised to shield fleet operations and associated vehicles from diverse security risks. As an example, Inmarsat, a British company specializing in satellite telecommunications, rolled out Fleet Secure Unified Threat Management (UTM) in June 2022, a specific cybersecurity response for the maritime sector. This offering combines three elements: Fleet Secure Endpoint, Fleet Secure UTM, and Cyber Awareness Training, with the goal of pre-emptively countering cyber threats to ships. Fleet Secure UTM constantly scrutinizes network traffic for harmful activity and upholds International Maritime Organization (IMO) rules, all overseen via a singular online portal enriched by a dedicated Security Operations Centre (SOC).
What Are the Emerging Segments in the Unified Threat Management Market?
The unified threat management market covered in this report is segmented -
1) By Component: Hardware, Software, Virtual
2) By Deployment: Cloud, On-Premise
3) By End Users: BFSI, Manufacturing, Healthcare, Retail, Government, IT And Telecom, Other End Users
Subsegments:
1) By Hardware: UTM Appliances, Integrated Security Gateways, Network Security Devices
2) By Software: Security Software Solutions, Endpoint Security Software, Network Security Management Software
3) By Virtual: Virtual UTM Appliances, Cloud-Based Security Solutions, Software-Defined Security
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Who Are the Global Leaders in the Unified Threat Management Market?
Major companies operating in the unified threat management market report are Dell Inc., Huawei Technologies Co. Ltd., Hewlett-Packard Development Company L.P., The International Business Machines Corporation, Cisco Systems, Juniper Networks Inc., Fortinet Inc., Check Point Software Technologies Ltd., McAfee Corp, Trend Micro Incorporated, Sangfor Technologies, Trustwave Holdings Inc., SonicWall Inc., Bitdefender, Barracuda Networks Inc., WatchGuard Technologies Inc., Comodo Security Solutions Inc., Hillstone Networks Co, Stormshield SAS, Sophos Limited, DigiCert Inc., Clavister, Sequrix, Untangle, SecPoint, StormForce, Panda Security S.L.U.
Which are the Top Profitable Regional Markets for the Unified Threat Management Industry?
North America was the largest region in the unified threat management market in 2024. The regions covered in the unified threat management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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