Unified Threat Management Market Research Report - Global Forecast to 2032

Unified Threat Management Market Research Report: Information By Component (Hardware and Software), By Deployment (On-Premise and On Cloud), By Organization Size (SMEs and Large Enterprises), By Vertical (BFSI, Government, Utilities, and Retail), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032.

ID: MRFR/ICT/3506-HCR | 100 Pages | Author: Aarti Dhapte | December 2023         

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Unified Threat Management Market Overview


Unified Threat Management Market Size was valued at USD 4.5 Billion in 2022. The Unified Threat Management market industry is projected to grow from USD 5.004 Billion in 2023 to USD 11.69 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 11.20% during the forecast period (2023 - 2032). The rise in the frequency of cyberattacks and the importance of preventing data theft via securing web applications are the key market drivers enhancing market growth.

Unified Threat Management Market.


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Unified Threat Management Market Trends


Growing need for data protection is driving the market growth


Market CAGR for unified threat management is driving the market because several companies are emphasizing networking and IT infrastructure right now, which instantly increases data production. The constant increase in data volume is causing breaches in company security. Increases in data breaches, network incursion, and threat attacks worldwide fuel demand for unified threat management solutions as IoT penetration continues to rise. In addition, the demand for unified threat management is expanding due to its low deployment cost and the increasing prevalence of connected devices. Demand for unified threat management is expected to rise due to the issues mentioned above in the future.


Additionally, identity and data theft are expected to rise at a rate that has never been seen before. It is expected to drive the demand for unified threat management systems that protect web applications. These options are also available for a low price and are easy to set up. The market is projected to grow as end users learn more about virtual private networks and as next-generation unified threat management solutions are created. For many, unified threat management represents a significant improvement over traditional firewalls because of the breadth of security measures it can implement. Therefore, the increasing prevalence of unified threat management is fueling the expansion of the international market.


For instance, IBM declares that it has bought Polar Security, a leader in technology that helps businesses find, continuously monitor, and secure cloud and software-as-a-service (SaaS) application data. It helps solve the growing shadow data problem. As a result, the demand for unified threat management is predicted to grow throughout the forecasted time due to the rising demand for data-secure technology. Thus, the driving factor is the unified threat management market revenue.


Unified Threat Management Market Segment Insights


Unified Threat Management Component Insights


The global unified threat management market segmentation, based on components, includes Hardware and Software. In 2022, the unified threat management market is led by the hardware category due to the rising interest in unified threat management products to mitigate cybercrime on a global scale. The UTM appliances equipped with ASIC chipsets enable simultaneous scanning for various threats.


Figure 1: Global Unified Threat Management Market by Component, 2022 & 2032 (USD Billion)


Global Unified Threat Management Market by Component, 2022 & 2032


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Unified Threat Management Deployment Insights


The global unified threat management market segmentation, based on deployment, includes On-Premise and On-Cloud. The on-cloud is anticipated to grow at a CAGR of 11.20% over the projected period, making up the largest market share because on-cloud deployment lets businesses change solutions and services on a large scale. It also helps set up a control center where the different parts of the UTM can be set up and coordinated.


Unified Threat Management Organization Size Insights


The global unified threat management market segmentation, based on the organization size, includes SMEs and large enterprises. The SMEs category is expected to grow fastest at a CAGR of 11.20% because the rise of advanced threats like cross-site scripting, SQL injection, and distributed denial-of-service attacks, which are aimed at small and medium businesses around the world, has led to a higher demand for next-generation Intrusion Prevention Systems, firewalls, and web security gateways. Threats like these make small and medium-sized businesses choose unified threat management systems.


Unified Threat Management Vertical Insights


The global Unified Threat Management market segmentation, based on the vertical, includes BFSI, Government, Utilities, and Retail. The BFSI category is expected to grow because hackers increasingly go after point-of-sale systems to access private information like card numbers.


Unified Threat Management Regional Insights


By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American unified threat management market will dominate because there is a growing cloud security infrastructure in the country. In addition, there is a lot of understanding of the importance of cyber security really, and big businesses using cloud computing help the regional market grow.


Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.


Figure 2: GLOBAL UNIFIED THREAT MANAGEMENT MARKET SHARE BY REGION 2022 (USD Billion)

GLOBAL UNIFIED THREAT MANAGEMENT MARKET SHARE BY REGION 2022


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Europe’s unified threat management market accounts for the second-largest market due to a growing need for unified threat management solutions driven by the rising popularity of digital transactions. Further, the unified threat management market held the largest market share, and the UK unified threat management market was the fastest-growing market in the European region.


The Asia-Pacific unified threat management market is expected to grow at the fastest CAGR from 2023 to 2032 due to the increasing research and development efforts for the unified threat management sector and the rising number of small and medium-sized enterprises (SMEs) in the region is expected to increase the need for affordable unified threat management solutions. Moreover, China’s unified threat management market held the largest market share, and the Indian unified threat management market was the fastest-rising market in the Asia-Pacific region.


Unified Threat Management Key Market Players & Competitive Insights


Leading market players are investing heavily in research and development to expand their product lines, which will help the unified threat management market grow even more. There are some strategies for action that market participants are implementing to increase their presence around the world's global footprint, with important market developments including new product launches, contractual agreements and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the unified threat management industry must offer cost-effective items.


Manufacturing locally to minimize operational costs is one of the key business tactics manufacturer use in the global unified threat management industry to benefit clients and increase the market sector. In recent years, the unified threat management industry has offered some of the most significant technological advancements. Major players in the unified threat management market, including Huawei Technologies Co. Ltd. (China), Cisco Systems Inc. (USA), International Business Machines Corporation (USA), The Hewlett Packard Company in the United States, and Sophos Group plc (U.K), and others, are attempting to grow market demand by investing in research and development operations.


Established in 1987, Huawei is a world-famous supplier of ICT infrastructure and intelligent gadgets. We have over three billion customers and over 207,000 staff supporting them in 170 countries and regions. For a connected and intelligent future, we are dedicated to making digital accessible to every individual, household, and institution. In March 2023, Huawei released a slew of cutting-edge storage products and solutions designed to assist global carriers in laying a solid storage foundation appropriate for the multi-cloud era. As carrier transition from traditional IT/CT services to new services like video, big data, and the cloud, they confront three main storage difficulties, as Dr. Peter Zhou, President of Huawei IT Product Line, mentioned during the Huawei product & solution launch event. Since 80% of newly created data is unstructured, it is increasingly playing a decisive role in manufacturing.


Cisco is the undisputed global leader in IT that safely links everything together to make anything doable. By assisting clients in reimagining apps, enabling hybrid work, securing the enterprise, transforming the infrastructure, and attaining sustainability goals, we hope to fuel a future accessible to all. In the United States or other countries, Cisco or its affiliates own the trademark rights to, use, and display the Cisco name and logo. Since our inception in 1984, we have focused on helping businesses with their toughest problems. Len Bosack and Sandy Lerner, both employees of Stanford University, wished to contact one other from their separate workplaces but could not do so due to technological limitations. Due to the need for a solution to the problem of supporting several LAN protocols, the multiprotocol router was developed. In June 2023, Cisco released a new Full-Stack Observability Platform, a vendor-neutral solution that takes advantage of the company's entire product line. To reduce corporate risk and improve customer satisfaction, it provides contextual, linked, and predictive insights.


Key Companies in the Unified Threat Management Market include




  • Huawei Technologies Co. Ltd. (China)




  • Cisco Systems Inc. (USA)




  • International Business Machines Corporation (USA)




  • The Hewlett Packard Company (USA)




  • Sophos Group plc (U.K)




Unified Threat Management Industry Developments


March 2023


IBM has released a new tool to aid corporations in monitoring their carbon footprint pollution across cloud services and improve their sustainability as they move to hybrid and multi-cloud environments. The IBM Cloud Carbon Calculator, an AI-powered dashboard, is now available to everyone. It can help clients access emissions data for various IBM Cloud tasks, such as AI, high-performance computing, and financial services.


July 2023


Sophos has joined up with Cysurance, a risk mitigation firm that provides insurance, warranties, and certification for security products. This collaboration allows businesses in the United States that rely on Sophos MDR to get cyber insurance at a competitive, flat rate. These regulations are the first to commend businesses implementing a system to monitor and respond to security threats.


June 2023


Cisco has established an announcement that it is using advanced generative AI technology to rethink the way people work. To simplify and boost business efficiency, Cisco plans to use large language models (LLMs) throughout its Collaboration and Security offerings.


Unified Threat Management Market Segmentation


Unified Threat Management Component Outlook




  • Hardware




  • Software




Unified Threat Management Deployment Outlook




  • On-Premise




  • On Cloud




Unified Threat Management Organization Size Outlook




  • SMEs




  • Large Enterprise




Unified Threat Management Vertical Outlook




  • BFSI




  • Government




  • Utilities




  • Retail




Unified Threat Management Regional Outlook




  • North America






  • US




  • Canada






  • Europe






  • Germany




  • France




  • UK




  • Italy




  • Spain




  • Rest of Europe






  • Asia-Pacific




    • China




    • Japan




    • India




    • Australia




    • South Korea




    • Australia




    • Rest of Asia-Pacific






  • Rest of the World




    • Middle East




    • Africa




    • Latin America





Report Scope:

Report Attribute/Metric Details
Market Size 2022 USD 4.5 Billion
Market Size 2023 USD 5.004 Billion
Market Size 2032 USD 11.69 Billion
Compound Annual Growth Rate (CAGR) 11.20% (2023-2032)
Base Year 2022
Market Forecast Period 2023-2032
Historical Data 2018- 2022
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Component, Deployment, Organization Size, Vertical, and Region
Geographies Covered North America, Europe, Asia Pacific, Aircraft Type, and the Rest of the World
Countries Covered The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled Huawei Technologies Co. Ltd. (China), Cisco Systems Inc. (USA), International Business Machines Corporation (USA), The Hewlett Packard Company in the United States, and Sophos Group plc (U.K).
Key Market Opportunities Technological Advancement
Key Market Dynamics Increasing numbers of businesses are implementing cutting-edge security measures




Frequently Asked Questions (FAQ) :

The global unified threat management market size was valued at USD 4.5 Billion in 2022.

The global market is projected to grow at a CAGR of 11.20% during the forecast period, 2023-2032.

Asia-Pacific had the largest share of the global market.

The key players in the market areHuawei Technologies Co. Ltd. (China), Cisco Systems Inc. (USA), International Business Machines Corporation (USA), The Hewlett Packard Company in the United States, and Sophos Group plc (U.K).

The hardware category dominated the market in 2022.

Key Questions Answered

  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players’ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
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