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North America Unified Threat Management Market Size, Share & Trends Analysis Report By Deployment, By Enterprise Size, By End Use, By Component, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 137 Pages
  • October 2024
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6025569
The North America Unified Threat Management Market is expected to witness market growth of 14.3% CAGR during the forecast period (2024-2031).

The US market dominated the North America Unified Threat Management Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $4.35 billion by 2031. The Canada market is experiencing a CAGR of 16.6% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 15.8% during 2024-2031.



Compliance with data protection regulations has also driven the adoption of UTM solutions. In addition to regulatory compliance, the growing recognition of the financial and reputational repercussions of data intrusions has incited numerous organizations to allocate resources to comprehensive security solutions. High-profile data breaches, such as those affecting large retail chains, financial institutions, and healthcare providers, have demonstrated the severe impact that a cyberattack can have on an organization’s bottom line and customer trust.

Moreover, for many companies, implementing UTM solutions represents a proactive approach to mitigating these risks. UTM solutions facilitate the rapid identification and mitigation of potential threats prior to their infliction of substantial harm by consolidating a variety of security protocols into a single device.

North America's unified threat management market has been growing rapidly due to the region's focus on adopting advanced cybersecurity solutions across key sectors. In the United States, finance and insurance represented 8.3 percent, or $1.7 trillion, of the U.S. gross domestic product (GDP) in 2020. The financial industry faces continuous risks from cyber threats targeting sensitive financial data and customer information. To combat these threats, banks and financial institutions increasingly invest in UTM solutions to ensure data integrity and regulatory compliance. The need to comply with regulations like the Gramm-Leach-Bliley Act (GLBA) and ensure robust data protection has prompted the BFSI sector to adopt UTM systems.

List of Key Companies Profiled

  • Check Point Software Technologies Ltd.
  • IBM Corporation
  • Fortinet, Inc.
  • Sophos Group PLC (Thoma Bravo)
  • Barracuda Networks, Inc. (KKR & Co. Inc.)
  • Trend Micro, Inc.
  • Cisco Systems, Inc.
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • Juniper Networks, Inc.
  • Sonicwall, Inc.

Market Report Segmentation

By Deployment

  • Cloud
  • On-premise

By Enterprise Size

  • SMEs
  • Large Enterprise

By End Use

  • BFSI
  • Government
  • Healthcare
  • Manufacturing
  • Retail
  • Telecom & IT
  • Other End Use

By Component

  • Hardware
  • Software
  • Virtual

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Unified Threat Management Market, by Deployment
1.4.2 North America Unified Threat Management Market, by Enterprise Size
1.4.3 North America Unified Threat Management Market, by End Use
1.4.4 North America Unified Threat Management Market, by Component
1.4.5 North America Unified Threat Management Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2020, Apr - 2024, Oct) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America Unified Threat Management Market by Deployment
5.1 North America Cloud Market by Region
5.2 North America On-premise Market by Region
Chapter 6. North America Unified Threat Management Market by Enterprise Size
6.1 North America SMEs Market by Country
6.2 North America Large Enterprise Market by Country
Chapter 7. North America Unified Threat Management Market by End Use
7.1 North America BFSI Market by Country
7.2 North America Government Market by Country
7.3 North America Healthcare Market by Country
7.4 North America Manufacturing Market by Country
7.5 North America Retail Market by Country
7.6 North America Telecom & IT Market by Country
7.7 North America Other End Use Market by Country
Chapter 8. North America Unified Threat Management Market by Component
8.1 North America Hardware Market by Country
8.2 North America Software Market by Country
8.3 North America Virtual Market by Country
Chapter 9. North America Unified Threat Management Market by Country
9.1 US Unified Threat Management Market
9.1.1 US Unified Threat Management Market by Deployment
9.1.2 US Unified Threat Management Market by Enterprise Size
9.1.3 US Unified Threat Management Market by End Use
9.1.4 US Unified Threat Management Market by Component
9.2 Canada Unified Threat Management Market
9.2.1 Canada Unified Threat Management Market by Deployment
9.2.2 Canada Unified Threat Management Market by Enterprise Size
9.2.3 Canada Unified Threat Management Market by End Use
9.2.4 Canada Unified Threat Management Market by Component
9.3 Mexico Unified Threat Management Market
9.3.1 Mexico Unified Threat Management Market by Deployment
9.3.2 Mexico Unified Threat Management Market by Enterprise Size
9.3.3 Mexico Unified Threat Management Market by End Use
9.3.4 Mexico Unified Threat Management Market by Component
9.4 Rest of North America Unified Threat Management Market
9.4.1 Rest of North America Unified Threat Management Market by Deployment
9.4.2 Rest of North America Unified Threat Management Market by Enterprise Size
9.4.3 Rest of North America Unified Threat Management Market by End Use
9.4.4 Rest of North America Unified Threat Management Market by Component
Chapter 10. Company Profiles
10.1 Check Point Software Technologies Ltd.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Acquisition and Mergers:
10.1.6 SWOT Analysis
10.2 IBM Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Regional & Segmental Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.6 SWOT Analysis
10.3 Fortinet, Inc.
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Product Launches and Product Expansions:
10.3.5.2 Acquisition and Mergers:
10.3.6 SWOT Analysis
10.4 Sophos Group PLC (Thoma Bravo)
10.4.1 Company Overview
10.4.2 SWOT Analysis
10.5 Barracuda Networks, Inc. (KKR & Co. Inc.)
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 SWOT Analysis
10.6 Trend Micro, Inc.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental Analysis
10.6.4 Recent strategies and developments:
10.6.4.1 Product Launches and Product Expansions:
10.6.5 SWOT Analysis
10.7 Cisco Systems, Inc.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Regional Analysis
10.7.4 Research & Development Expense
10.7.5 Recent strategies and developments:
10.7.5.1 Partnerships, Collaborations, and Agreements:
10.7.5.2 Acquisition and Mergers:
10.7.6 SWOT Analysis
10.8 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.8.5 Recent strategies and developments:
10.8.5.1 Partnerships, Collaborations, and Agreements:
10.8.6 SWOT Analysis
10.9 Juniper Networks, Inc.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 Recent strategies and developments:
10.9.5.1 Product Launches and Product Expansions:
10.9.6 SWOT Analysis
10.10. SonicWall, Inc.
10.10.1 Company Overview
10.10.2 Recent strategies and developments:
10.10.2.1 Product Launches and Product Expansions:
10.10.2.2 Acquisition and Mergers:
10.10.3 SWOT Analysis

Companies Mentioned

  • Check Point Software Technologies Ltd.
  • IBM Corporation
  • Fortinet, Inc.
  • Sophos Group PLC (Thoma Bravo)
  • Barracuda Networks, Inc. (KKR & Co. Inc.)
  • Trend Micro, Inc.
  • Cisco Systems, Inc.
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • Juniper Networks, Inc.
  • Sonicwall, Inc.

Methodology

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