North America Unified Threat Management Market Forecast to 2030

According to the Research Team’ research, the North America unified threat management market was valued at US$ 1,915.59 million in 2022 and is expected to reach US$ 4,068.57 million by 2030, registering a CAGR of 9.9% from 2022 to 2030. Rising cases of data breach and growing government investments and initiatives for SMEs are among the critical factors attributed to the North America unified threat management market expansion.

The rise in digitalization has encouraged several businesses across various industry verticals to digitalize their business in order to gain competitive advantage, enhance operational workflow, and reach more targeted audiences. However, the adoption of digital solutions makes critical data vulnerable and accessible to potential data breach incidents, leading to a rise in the number of data breach cases and incidents. A data breach is a security incident where an unauthorized party gains access to any business-sensitive and crucial information. Data breach incidents can impact business performance due to loss of critical information, financial losses, loss of trust of customers, and others. A few of the data breach incidents and related information are mentioned below:

In July 2023, IBM Security released the Cost of a Data Breach report for 2023. The report indicated that the global average data breach cost reached US$ 4.45 million in 2023, a 15% increase over the previous three years.

As of July 2023, the file transfer tool MOVEit experienced a massive data hack impacting 200 organizations and 17.5 million individuals. The data of multiple critical organizations and government bodies, such as the Department of Agriculture, Energy, and Department of Health and Human Services, got leaked.

In May 2023, Deutsche Telekom AG’s brand T-Mobile experienced its second data breach case for 2023, where over 800 customer’s PINs, full names, and phone numbers got leaked.

Adopting unified threat management solutions and services can help businesses boost their network security. This solution provides multiple security features via a single platform, which can help to get an advanced level of cost-efficient security solution. Thus, the rise in the number of data breach cases generates the demand for enhanced levels of security solutions, such as unified threat management, and fuels market growth.

On the contrary, growing number of integrated solution hampers the growth of North America unified threat management market.

Based on component, the North America unified threat management market is bifurcated into solution and services. The solution segment held 77.6% share of the North America unified threat management market in 2022, amassing US$ 1,486.58 million. It is projected to garner US$ 3,286.08 million by 2030 to expand at 10.4% CAGR during 2022-2030.

In terms of deployment, the North America unified threat management market is bifurcated into cloud and on-premise. The cloud segment held 73.5% share of the North America unified threat management market in 2022, amassing US$ 1,408.36 million. It is estimated to garner US$ 3,163.00 million by 2030 to expand at 10.6% CAGR during 2022-2030.

By enterprise size, the North America unified threat management market is bifurcated into large enterprises and SMEs. The large enterprises segment held 69.8% share of North America unified threat management market in 2022, amassing US$ 1,337.09 million. It is predicted to garner US$ 2,783.73 million by 2030 to expand at 9.6% CAGR during 2022-2030.

In terms of end users, the North America unified threat management market is segmented into BFSI, manufacturing, healthcare, retail, government, IT & Telecom, and others. The IT & Telecom segment held 26.8% share of the North America unified threat management market in 2022, amassing US$ 513.72 million. It is estimated to garner US$ 1,126.62 million by 2030 to expand at 10.3% CAGR during 2022-2030.

Based on country, the North America unified threat management market is categorized into the US, Canada, and Mexico. The US held 82.4% share of North America unified threat management market in 2022, amassing US$ 1,579.02 million. It is projected to garner US$ 3,421.38 million by 2030 to expand at 10.1% CAGR during 2022-2030.

Key players operating in the North America unified threat management market are Fortinet Inc; Sophos Ltd.; Cisco Systems Inc; Juniper Networks Inc; Huawei Technologies Co Ltd; Barracuda Networks, Inc.; WatchGuard Technologies Inc; SonicWall Inc; and Check Point Software Technologies Ltd, among others.

2023: Cisco unveiled the latest progress towards its vision of the Cisco Security Cloud, a unified, AI-driven, cross-domain security platform. Cisco’s new XDR solution and the release of advanced features for Duo MFA will help organizations better protect the integrity of their entire IT ecosystem.

2023: Cisco introduces new cloud services in the IoT Operations Dashboard to increase industrial asset visibility, securely manage assets from anywhere, and provide Industrial Internet of Things (IoT) customers with a seamless path to cloud automation for Operational Technology (OT) teams. Cisco’s unified SASE solution, Cisco+ Secure Connect, now supports integration into Cisco SD-WAN fabrics leveraging Viptela technology, providing any Cisco SD-WAN customer with access to fast, secure private applications and internet access.

1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Unified Threat Management Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain:
5. North America Unified Threat Management Market – Key Industry Dynamics
5.1 Drivers
5.1.1 Rising Cases of Data Breach
5.1.2 Growing Government Investments and Initiatives for SMEs
5.1.3 Expansion of Telecom Industry
5.2 Market Restraints
5.2.1 Growing Number of Integrated Solution
5.3 Market Opportunities
5.3.1 Digitalization in Healthcare
5.3.2 Increasing Deployment of Cloud Technology
5.4 Future Trend
5.4.1 Integration of Artificial Intelligence and Machine Learning
5.5 Impact of Drivers and Restraints:
6. Unified Threat Management Market – North America Market Analysis
6.1 North America Unified Threat Management Market Revenue (US$ Million), 2022 – 2030
6.2 North America Unified Threat Management Market Forecast and Analysis
7. North America Unified Threat Management Market Analysis – Component
7.1 Solution
7.1.1 Overview
7.1.2 Solution Market Revenue and Forecasts to 2030 (US$ Million)
7.2 Services
7.2.1 Overview
7.2.2 Services Market Revenue and Forecasts to 2030 (US$ Million)
7.2.3 Consulting
7.2.3.1 Overview
7.2.4 Consulting Market Revenue and Forecasts to 2030 (US$ Million)
7.2.5 Support, Maintenance & Others
7.2.5.1 Overview
7.2.6 Support, Maintenance & Others Market Revenue and Forecasts to 2030 (US$ Million)
8. North America Unified Threat Management Market Analysis – Deployment
8.1 Cloud
8.1.1 Overview
8.1.2 Cloud Market Revenue and Forecasts to 2030 (US$ Million)
8.2 On-premises
8.2.1 Overview
8.2.2 On-premises Market Revenue and Forecasts to 2030 (US$ Million)
9. North America Unified Threat Management Market Analysis – Enterprise Size
9.1 Large Enterprises
9.1.1 Overview
9.1.2 Large Enterprises Market Revenue and Forecasts to 2030 (US$ Million)
9.2 SMEs
9.2.1 Overview
9.2.2 SMEs Market Revenue and Forecasts to 2030 (US$ Million)
10. North America Unified Threat Management Market Analysis – End Users
10.1 BFSI
10.1.1 Overview
10.1.2 BFSI Market Revenue and Forecasts to 2030 (US$ Million)
10.2 Manufacturing
10.2.1 Overview
10.2.2 Manufacturing Market Revenue and Forecasts to 2030 (US$ Million)
10.3 Healthcare
10.3.1 Overview
10.3.2 Healthcare Market Revenue and Forecasts to 2030 (US$ Million)
10.4 Retail
10.4.1 Overview
10.4.2 Retail Market Revenue and Forecasts to 2030 (US$ Million)
10.5 Government
10.5.1 Overview
10.5.2 Government Market Revenue and Forecasts to 2030 (US$ Million)
10.6 IT and Telecom
10.6.1 Overview
10.6.2 IT and Telecom Market Revenue and Forecasts to 2030 (US$ Million)
10.7 Others
10.7.1 Overview
10.7.2 Others Market Revenue and Forecasts to 2030 (US$ Million)
11. North America Unified Threat Management Market -Country Analysis
11.1 North America
11.1.1 North America Unified Threat Management Market, Breakdown, By Country – Revenue (2022) (US$ Million)
11.1.2 North America Unified Threat Management Market Revenue and Forecasts and Analysis – By Countries
11.1.2.1 US Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.2.1.1 US Unified Threat Management Market Breakdown by Component
11.1.2.1.2 US Unified Threat Management Market Breakdown by Deployment
11.1.2.1.3 US Unified Threat Management Market Breakdown by Enterprise Size
11.1.2.1.4 US Unified Threat Management Market Breakdown by End Users
11.1.2.2 Canada Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.2.2.1 Canada Unified Threat Management Market Breakdown by Component
11.1.2.2.2 Canada Unified Threat Management Market Breakdown by Deployment
11.1.2.2.3 Canada Unified Threat Management Market Breakdown by Enterprise Size
11.1.2.2.4 Canada Unified Threat Management Market Breakdown by End Users
11.1.2.3 Mexico Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.2.3.1 Mexico Unified Threat Management Market Breakdown by Component
11.1.2.3.2 Mexico Unified Threat Management Market Breakdown by Deployment
11.1.2.3.3 Mexico Unified Threat Management Market Breakdown by Enterprise Size
11.1.2.3.4 Mexico Unified Threat Management Market Breakdown by End Users
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
13. Company Profiles
13.1 Fortinet Inc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Sophos Ltd.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Cisco Systems Inc
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Juniper Networks Inc
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Huawei Technologies Co Ltd
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Barracuda Networks, Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 WatchGuard Technologies Inc
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 SonicWall Inc
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Check Point Software Technologies Ltd
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Financial Overview
13.9.4 SWOT Analysis
13.9.5 Key Developments
14. Appendix
14.1 Word Index

Table 1. North America Unified Threat Management Market Segmentation
Table 2. North America Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. North America Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Million) – Component
Table 4. North America Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Million) – Services
Table 5. North America Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Million) – Deployment
Table 6. North America Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Million) – Enterprise Size
Table 7. North America Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Million) – End Users
Table 8. North America Unified Threat Management Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 9. US Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Mn) – By Component
Table 10. US Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Mn) – By Solution
Table 11. US Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Mn) – By Deployment
Table 12. US Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Mn) – By Enterprise Size
Table 13. US Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Mn) – By End Users
Table 14. Canada Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Mn) – By Component
Table 15. Canada Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Mn) – By Solution
Table 16. Canada Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Mn) – By Deployment
Table 17. Canada Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Mn) – By Enterprise Size
Table 18. Canada Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Mn) – By End Users
Table 19. Mexico Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Mn) – By Component
Table 20. Mexico Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Mn) – By Solution
Table 21. Mexico Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Mn) – By Deployment
Table 22. Mexico Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Mn) – By Enterprise Size
Table 23. Mexico Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Mn) – By End Users
Table 24. List of Abbreviation
 

Figure 1. North America Unified Threat Management Market Segmentation, By Country
Figure 2. Ecosystem: North America unified threat management market
Figure 3. North America Unified Threat Management Market – Key Industry Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. North America Unified Threat Management Market Revenue (US$ Million), 2022 & 2030
Figure 6. North America Unified Threat Management Market Share (%) – Component, 2022 and 2030
Figure 7. Solution Market Revenue and Forecasts to 2030 (US$ Million)
Figure 8. Services Market Revenue and Forecasts to 2030 (US$ Million)
Figure 9. Consulting Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Support, Maintenance & Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. North America Unified Threat Management Market Share (%) – Deployment, 2022 and 2030
Figure 12. Cloud Market Revenue and Forecasts to 2030 (US$ Million)
Figure 13. On-premises Market Revenue and Forecasts to 2030 (US$ Million)
Figure 14. North America Unified Threat Management Market Share (%) – Enterprise Size, 2022 and 2030
Figure 15. Large Enterprises Market Revenue and Forecasts to 2030 (US$ Million)
Figure 16. SMEs Market Revenue and Forecasts to 2030 (US$ Million)
Figure 17. North America Unified Threat Management Market Share (%) – End Users, 2022 and 2030
Figure 18. BFSI Market Revenue and Forecasts to 2030 (US$ Million)
Figure 19. Manufacturing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 20. Healthcare Market Revenue and Forecasts to 2030 (US$ Million)
Figure 21. Retail Market Revenue and Forecasts to 2030 (US$ Million)
Figure 22. Government Market Revenue and Forecasts to 2030 (US$ Million)
Figure 23. IT and Telecom Market Revenue and Forecasts to 2030 (US$ Million)
Figure 24. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 25. North America Unified Threat Management Market, by Key Country – Revenue (2022) (US$ Million)
Figure 26. Unified Threat Management Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 27. US Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 28. Canada Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 29. Mexico Unified Threat Management Market Revenue and Forecasts to 2030 (US$ Mn)