Report: Unified Threat Management Market on the RiseBy eWEEK Staff | Print
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Analyst firm Frost & Sullivan finds this security market is primed for growth ahead as companies in the space expand into enterprise markets.
Since its inception, the world unified threat management (UTM) products market has witnessed high growth rates and, despite the harsh economic conditions of 2009, the UTM market grew at a healthy rate.
During 2008, the market witnessed a growth rate of 32.2 percent; however, the growth rate dropped to 20.1 percent in 2009 due to the recession. As the market rebounds, Frost & Sullivan predicts growth rates will increase in 2010 and 2011 before leveling off. Vendors in this space are seeking to invigorate this market with expansions in terms of both regional and target markets.
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