Global unified threat management market was valued US$ 3.76 Bn in 2017 and is expected to reach US$ 8.87 Bn by 2026, at a CAGR of 11.32% during a forecast period. Global Unified Threat Management Market by ComponentGrowing adoption of Internet of Things (IoT), coupled with rising number of data breaches, network intrusion, and threat attacks across the globe is a key factor driving growth of the global unified threat management market. Furthermore, low deployment cost and growing adoption of smart and connected devices surge demand for UTM. These factors are also estimated to aid in growth of the global unified threat management market over the forecast period. Lack of skilled workforce and restrictions of UTM in hardware processing capabilities and in handling of multiple applications/users simultaneously are other factors expected to hinder growth of the global UTM market over the forecast period.