Welcome!

Mobile IoT Authors: Pat Romanski, Elizabeth White, Stackify Blog, Derek Weeks, Liz McMillan

News Feed Item

Unified Threat Management Market (UTM) 2014 Analysis & 2019 Forecasts

RnRMarketResearch.com adds "Unified Threat Management Market by Appliance (Hardware, Software, Virtual), Services, Managed UTM, Distribution Channel (Direct, VAR's, Distributors), Organization Size (SOHO, SMB, Enterprises) - Global Market Forecasts & Anal

DALLAS, April 26, 2014 /PRNewswire-iReach/ -- Unified Threat Management (UTM) is defined as a solution that integrates multiple point security technologies into a single network appliance. These solutions are generally easy to use and are cost-effective, which in turn delivers high value to end users in terms of space and energy efficiency. These appliances are also used for streamlining of management processes, reducing administrative overhead, and in maintenance burden.

Photo - http://photos.prnewswire.com/prnh/20140424/78034

Unified Threat Management market comprises mainly of appliances and services. Appliances include hardware, software and virtual. Hardware appliances accounts for the highest market share. On the other hand, software and virtual appliances are also expected to grow significantly. The services segment includes support and maintenance, and managed UTM as sub-segments. Out of this, support and maintenance accounts for the major market share.

Few high growth markets include:-

  • Small Offices Home Offices (SOHO): SOHO would rapidly adopt UTM solutions due to its extensive benefits such as low cost, ease of deployment, and configuration capabilities.
  • Virtual Appliances: This market is anticipated to grow with extensive integration of appliances with the cloud.
  • Banking and Financial Institutions (BFSI): BFSI is one of the major end users of UTM solutions. Over the period of time, it is expected that BFSI would leverage the maximum benefits from UTM solutions.
  • Distributors: The distributors hold a significant position in the UTM market. Distributors nearly control 65-70% of the whole market.

Order a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=169500 .

The key playing fields are virtual appliances in the UTM appliances market. Virtual appliances are widely adopted with integration of cloud and managed services. These appliances offer network security to virtual data centers.  These appliances provide a complete web and email security solution that protects SMB's from new malware, malicious websites, phishing attacks, botnets, and other threats.

The BFSI vertical will account for the largest market share throughout the forecast period. However, there are few revenue pockets, namely government and utilities, healthcare, retail, and telecom and IT that will witness significant growth in this period.

The rise in the advanced threats such as SQL injection, cross site scripting, and sophisticated DDOS attacks which have targeted the SMB's across the world, has led to the increase in demand for next generation firewalls, Intrusion Prevention System (IPS), and web security gateway. This demand enforces the organizations to replace one's existing network security solutions with the UTM products. The UTM products are widely adopted by the SMB's, especially in the regions of North America (NA) and Western Europe, due to the product aging of its existing network security solutions.

The major challenge that the UTM market faces is lack of acceptance in the enterprise market. Enterprises generally demand solutions for high performance and network throughput. However, UTM solutions lacks in underlying capabilities. Hence, vendors in this segment are strategizing to improve on one's product line, especially dedicated to the large enterprises. The other major challenge in this market is the increasing UTM product price. Over the period of time, UTM vendors have added new functionalities to the existing products, thereby, raising the average price. However, this high product price would hamper the UTM's growth among Small Offices Home offices (SOHO) and small sized enterprises. This is because these enterprises lack in funds to buy sophisticated UTM solutions. Moreover, the prices are still anticipated to grow significantly due to extensive product development.

Comprehensive Table of Contents and more for the report "Unified Threat Management Market by Appliance (Hardware, Software, Virtual), Services, Managed UTM, Distribution Channel (Direct, VAR's, Distributors), Organization Size (SOHO, SMB, Enterprises) – Global Market Forecasts & Analysis (2014 – 2019)" is available at http://www.rnrmarketresearch.com/unified-threat-management-market-by-appliance-hardware-software-virtual-services-managed-utm-distribution-channel-direct-vars-distributors-organization-size-soho-smb-enterprise-market-report.html .

There are various assumptions that have been taken into consideration for the market sizing and forecasting exercise. Few of the global assumptions include political, economic, social, technological, and economic factors. For instance, exchange rates, one of the economic factors, are expected to have a moderate rating of impact on this market. Therefore, the dollar fluctuations are not expected to seriously affect the forecasts in the emerging regions of APAC.

The report will help the market leaders or new entrants in this market in the following ways:

  • This report segments the market into various sub-segments covering this market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and the sub-segments. The market numbers are further split across the different end users and regions.
  • This report will h177elp in the better understanding of the competitors and gain more insights to better one's position in business. There is a separate section on competitive landscape, which includes competitor ecosystem, and mergers and acquisition. Besides, there are company profiles of ten players in this market. In this section, market internals are provided that can put one ahead of the competitors.
  • The report also helps in understanding the overall growth of the market. The report provides information on key market drivers, restraints, challenges, and opportunities.

Browse More reports on Software & Enterprise Computing Market at http://www.rnrmarketresearch.com/reports/information-technology-telecommunication/software-enterprise-computing .

About Us:

RnRMarketResearch.com is a database of selected syndicated market reports for global and China industries including but not limited to life sciences, information technology & telecommunications, consumer goods, food and beverages, energy and power, automotive and transportation, manufacturing and construction, materials and chemicals, public sector as well as business and financial services. We provide 24/7 online and offline support to our customers. Call with your research requirements or email the details on [email protected] This e-mail address is being protected from spambots. You need JavaScript enabled to view it and we would be happy to help you find the business intelligence that you need.

Media Contact: Priyank Tiwari, RnRMarketResearch, +18883915441, [email protected]

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE RnRMarketResearch

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
From 2013, NTT Communications has been providing cPaaS service, SkyWay. Its customer’s expectations for leveraging WebRTC technology are not only typical real-time communication use cases such as Web conference, remote education, but also IoT use cases such as remote camera monitoring, smart-glass, and robotic. Because of this, NTT Communications has numerous IoT business use-cases that its customers are developing on top of PaaS. WebRTC will lead IoT businesses to be more innovative and address...
When shopping for a new data processing platform for IoT solutions, many development teams want to be able to test-drive options before making a choice. Yet when evaluating an IoT solution, it’s simply not feasible to do so at scale with physical devices. Building a sensor simulator is the next best choice; however, generating a realistic simulation at very high TPS with ease of configurability is a formidable challenge. When dealing with multiple application or transport protocols, you would be...
SYS-CON Events announced today that App2Cloud will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. App2Cloud is an online Platform, specializing in migrating legacy applications to any Cloud Providers (AWS, Azure, Google Cloud).
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
Internet-of-Things discussions can end up either going down the consumer gadget rabbit hole or focused on the sort of data logging that industrial manufacturers have been doing forever. However, in fact, companies today are already using IoT data both to optimize their operational technology and to improve the experience of customer interactions in novel ways. In his session at @ThingsExpo, Gordon Haff, Red Hat Technology Evangelist, shared examples from a wide range of industries – including en...
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. Jack Norris reviews best practices to show how companies develop, deploy, and dynamically update these applications and how this data-first...
Intelligent Automation is now one of the key business imperatives for CIOs and CISOs impacting all areas of business today. In his session at 21st Cloud Expo, Brian Boeggeman, VP Alliances & Partnerships at Ayehu, will talk about how business value is created and delivered through intelligent automation to today’s enterprises. The open ecosystem platform approach toward Intelligent Automation that Ayehu delivers to the market is core to enabling the creation of the self-driving enterprise.
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Consumers increasingly expect their electronic "things" to be connected to smart phones, tablets and the Internet. When that thing happens to be a medical device, the risks and benefits of connectivity must be carefully weighed. Once the decision is made that connecting the device is beneficial, medical device manufacturers must design their products to maintain patient safety and prevent compromised personal health information in the face of cybersecurity threats. In his session at @ThingsExpo...
Detecting internal user threats in the Big Data eco-system is challenging and cumbersome. Many organizations monitor internal usage of the Big Data eco-system using a set of alerts. This is not a scalable process given the increase in the number of alerts with the accelerating growth in data volume and user base. Organizations are increasingly leveraging machine learning to monitor only those data elements that are sensitive and critical, autonomously establish monitoring policies, and to detect...
SYS-CON Events announced today that Grape Up will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company specializing in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the U.S. and Europe, Grape Up works with a variety of customers from emergi...
SYS-CON Events announced today that Massive Networks will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Massive Networks mission is simple. To help your business operate seamlessly with fast, reliable, and secure internet and network solutions. Improve your customer's experience with outstanding connections to your cloud.
Everything run by electricity will eventually be connected to the Internet. Get ahead of the Internet of Things revolution and join Akvelon expert and IoT industry leader, Sergey Grebnov, in his session at @ThingsExpo, for an educational dive into the world of managing your home, workplace and all the devices they contain with the power of machine-based AI and intelligent Bot services for a completely streamlined experience.
Because IoT devices are deployed in mission-critical environments more than ever before, it’s increasingly imperative they be truly smart. IoT sensors simply stockpiling data isn’t useful. IoT must be artificially and naturally intelligent in order to provide more value In his session at @ThingsExpo, John Crupi, Vice President and Engineering System Architect at Greenwave Systems, will discuss how IoT artificial intelligence (AI) can be carried out via edge analytics and machine learning techn...
SYS-CON Events announced today that Datera, that offers a radically new data management architecture, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datera is transforming the traditional datacenter model through modern cloud simplicity. The technology industry is at another major inflection point. The rise of mobile, the Internet of Things, data storage and Big...
In the enterprise today, connected IoT devices are everywhere – both inside and outside corporate environments. The need to identify, manage, control and secure a quickly growing web of connections and outside devices is making the already challenging task of security even more important, and onerous. In his session at @ThingsExpo, Rich Boyer, CISO and Chief Architect for Security at NTT i3, discussed new ways of thinking and the approaches needed to address the emerging challenges of security i...
SYS-CON Events announced today that GrapeUp, the leading provider of rapid product development at the speed of business, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market acr...
SYS-CON Events announced today that CA Technologies has been named "Platinum Sponsor" of SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business - from apparel to energy - is being rewritten by software. From planning to development to management to security, CA creates software that fuels transformation for companies in the applic...
In his opening keynote at 20th Cloud Expo, Michael Maximilien, Research Scientist, Architect, and Engineer at IBM, discussed the full potential of the cloud and social data requires artificial intelligence. By mixing Cloud Foundry and the rich set of Watson services, IBM's Bluemix is the best cloud operating system for enterprises today, providing rapid development and deployment of applications that can take advantage of the rich catalog of Watson services to help drive insights from the vast t...
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...