The Asia Pacific Unified Threat Management Market is expected to witness market growth of 15.5% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific 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 $1.24 billion by 2031. The Japan market is registering a CAGR of 14.8% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 16.3% during 2024-2031.
Businesses raced to enable secure remote access for their employees as remote work became the norm, further accelerating the demand for UTM solutions during the COVID-19 pandemic. This shift significantly expanded the attack surface for many organizations, as employees connected to corporate networks from various locations, often using personal devices.
Moreover, increasing reliance on cloud-based services for data storage and communication has also resulted in the introduction of new vulnerabilities that need to be addressed. These vulnerabilities must be addressed.
The Asia Pacific region has experienced a surge in demand for unified threat management (UTM) solutions, which is being driven by the growing emphasis on safeguarding critical infrastructures, rapid digitalization, and escalating cyber threats. In China, the growing demand for UTM solutions is largely driven by the country's expanding manufacturing sector. According to the State Council Information Office of China, the nation accounted for 30 percent of the manufacturing output in 2021. As Chinese manufacturers increasingly adopt smart manufacturing technologies, including IoT and automation, they face heightened cybersecurity risks.
The China market dominated the Asia Pacific 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 $1.24 billion by 2031. The Japan market is registering a CAGR of 14.8% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 16.3% during 2024-2031.
Businesses raced to enable secure remote access for their employees as remote work became the norm, further accelerating the demand for UTM solutions during the COVID-19 pandemic. This shift significantly expanded the attack surface for many organizations, as employees connected to corporate networks from various locations, often using personal devices.
Moreover, increasing reliance on cloud-based services for data storage and communication has also resulted in the introduction of new vulnerabilities that need to be addressed. These vulnerabilities must be addressed.
The Asia Pacific region has experienced a surge in demand for unified threat management (UTM) solutions, which is being driven by the growing emphasis on safeguarding critical infrastructures, rapid digitalization, and escalating cyber threats. In China, the growing demand for UTM solutions is largely driven by the country's expanding manufacturing sector. According to the State Council Information Office of China, the nation accounted for 30 percent of the manufacturing output in 2021. As Chinese manufacturers increasingly adopt smart manufacturing technologies, including IoT and automation, they face heightened cybersecurity risks.
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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Asia Pacific Unified Threat Management Market by Deployment
Chapter 6. Asia Pacific Unified Threat Management Market by Enterprise Size
Chapter 7. Asia Pacific Unified Threat Management Market by End Use
Chapter 8. Asia Pacific Unified Threat Management Market by Component
Chapter 9. Asia Pacific Unified Threat Management Market by Country
Chapter 10. Company Profiles
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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