Dallas, Texas (PRWEB) June 07, 2014
The demand for SaaS-based security solutions is increasing in the Global Network Security market because of the significant advantages that they offer. Currently, both SMEs and start-up companies choose SaaS-based solutions over on-premise solutions because of advantages such as easy installation, easy upgrades, cost advantages, and signature-independent scanning. Moreover, large enterprises are also diverting to SaaS-based (or hybrid) solutions. It is expected that such demand for SaaS-based solutions will allow the Global SaaS-based Security Solutions market to grow at a very strong rate during the forecast period. This is expected to propel the growth of the Global Unified Threat Management market over the next few years.
Analysts forecast the Global Unified Threat Management market will grow at a CAGR of 16.52 percent over the period 2013-2018. According to the report, the Global UTM market is driven by several factors, including the need for consolidation of security solutions. UTM solutions help companies address multiple security threats as they consolidate a number of security solutions into one module. This provides companies with advantages such as the ability to easily deploy and manage multiple network security devices, making it easy to deploy and manage UTM solutions. These factors have increased the demand for UTM solutions.
The report covers the present scenario and the growth prospects of the Global Unified Threat Management market for the period 2014-2018. To calculate the market size, the report considers revenue generated from sales of unified threat management products and solutions. It also presents the vendor landscape and a corresponding detailed analysis of the top seven vendors in the market. In addition, the report discusses the major drivers that influence the growth of the Global Unified Threat Management market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.
The following companies as the key players in Global Unified Threat Management Market: Check Point Software Technologies Ltd., Cisco Systems Inc., Fortinet Inc., Juniper Networks Inc., SonicWALL LLC, Sophos Ltd., WatchGuard Technologies Inc., Clavister AB, Cyberoam TechnologiesPvt. Ltd.,gateprotec, Kerio Technologies Inc., NETASQ.
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Key Market Driver
- Need for Consolidation of Security Solutions.
Key Market Challenge
- Adverse Impact on Network Performance.
Key Market Trend
- Increasing Demand for SaaS-based Security Solutions.
Further, the report states that one of the major challenges in this market is the adverse impact on network performance. Multi-functional devices used in network firewalls slow down network traffic because of multiple security rings, which eventually affect the network's performance. This will ultimately affect the revenue generated by market vendors during the forecast period.
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Other Reports on SaaS Market:
Global SaaS-based Enterprise Applications Software Market 2014-2018: Analysts forecast the Global SaaS-based Enterprise Applications Software market to grow at a CAGR of 17.17 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing focus on real-time decision making. The Global SaaS-based Enterprise Application market has also been witnessing the increased demand for big data applications.
Global SaaS-based Site Search Market 2014-2018: Analysts forecast the Global SaaS-based Site Search market to grow at a CAGR of 19.30 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing market for e-commerce. The Global SaaS-based Site Search market has also been witnessing the increasing adoption of mobile devices.
Global SaaS-based Expense Management Market 2014-2018: Analysts forecast the Global SaaS-based Expense Management market to grow at a CAGR of 19.20 percent over the period 2013-2018. One of the key factors contributing to this market growth is the need to reduce expenses and operational costs. The Global SaaS-based Expense Management market has also been witnessing the increased adoption of end-to-end expense management solutions.
Global SaaS-Based Business Analytics Market 2012-2016: Analysts forecast the Global SaaS-based Business Analytics market to grow at a CAGR of 24.51 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need to improve efficiency and reduce overall operational costs. The Global SaaS-based Business Analytics market has also been witnessing the emergence of advanced analytics.
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