Techno World Unified-Threat-Management-Market | Page 3

On the basis of applications, the software based unified threat management segment is expected to hold largest market share during the forecasted period. The advantages of the software UTM is that it helps in reduces the cost related to the maintenance, implementation and hardware cost respectively. Therefore, the adoption of software based UTM help in cost savings as only fewer physical devices are required. On the basis of vertical, the BFSI segment is projected to hold largest market share during the forecast period. Increasing demand for digital information in BFSI sectors is one of the major driving factor for the growth of the global unified threat management market over the forecast period, owing increasing number of hackers targeting the user’s sensitive details such as card details, as well as espionage, and many others. Hence, it offers the extensive security to accurately pinpoint internal and external network vulnerabilities, determine user susceptibility to social engineering schemes and also provide the information security policy, which in turn help the financial sectors to identify their potential hackers before they strike to hack. Unified Threat Management: Competitive Background Some of the players operating in the Unified Threat Management market include Check Point Software Technologies Ltd., WatchGuard Technologies Inc., Juniper Networks Inc., Cisco Systems Inc., IBM Corporation, Huawei Technologies Co. Ltd., Fortinet Inc., Hillstone Networks Inc., SonicWALL Inc., and Comodo Group Inc. Ask for Discount before Buying @: https://www.coherentmarketinsights.com/insight/request-discount/1503 About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action- ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: [phone] Email: [email protected]