Unified Threat Management Market Size Is Expected To Reach USD 10.09 Billion By 2025
San Francisco, 10 Nov 2023: The Report Unified Threat Management Market Size, Share & Trends Analysis Report By End Use (Telecom & IT, BFSI), By Component (Hardware, Virtual), By Enterprise Size (SME), By Service, By Deployment, And Segment Forecasts, 2019 - 2025 The global unified threat management market size is expected to reach USD 10.09 billion by 2025 at a CAGR of 14.5% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. Unified threat management (UTM) solutions eliminate the need for enhanced technical support and require fewer updates and contracts to manage network. This helps the end users to increase IT staff productivity and minimize operational costs. Latest trends, such as Bring-Your-Own-Device (BYOD), web applications, and virtualization, have compelled enterprises to prepare for emerging security risks in their networks, in addition to the growing concerns of internal and external threats. Growing number of such threats is imp