The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Software Defined Perimeter Market Report. The growth sectors of the Software Defined Perimeter Market Report are identified with precision for a better growth perspective.
The global software defined perimeter market is projected to witness a rapid growth during the forecast period. The growing demand for software defined perimeter among enterprises as it minimizes the maximum communal network-based attacks.
The global software defined perimeter market, by geography, is segmented into North America, Europe, Asia Pacific, and Rest of the World. As compared to other regions, the software defined perimeter market in North America region is expected to witness a significant growth and hold the largest market share during the forecast period. The U.S., Mexico, and New York are anticipated to drive the growth of the software defined perimeter market owing to the presence of large number of established key players such as Check Point Software Technologies Ltd. (Israel), Cisco Systems, Inc. (U.S.), Intel Corporation (U.S.), Symantec Corporation (U.S.), EMC RSA (U.S.), Fortinet, Inc. (U.S.), Juniper Networks, Inc. (U.S.). The adoption of advanced technology and high rate of adoption of software defined perimeter among enterprises is set to propel the market growth.
In the global software defined perimeter market, Asia Pacific market is anticipated to witness a relatively faster adoption at a high CAGR during the forecast period. Owing to factors such as growing e-commerce companies and major network issues also contributed to the regional growth of the market. Other aspects such as the emerging economies and technological advancement in software defined perimeter is aiding the market in the region.
The global software defined perimeter market is projected to reach USD 7899 billion at a CAGR of over 35% by the end of the forecast period 2017-2023.
Software Defined Perimeter Market Segmentation:
The global Software Defined Perimeter market is segmented by components, enforcement point, deployment, organization size and end-users. By component segment, the market consists of solutions & service. Solutions consists of security software, which is further sub-segmented into risk analytics and visualization, access control, ids, and IPS, data loss prevention and others. The others sub-segment consists of control automation and orchestration solution, security compliance and policy management and performance management and reporting. The enforcement point consists of controller, gateway & end-point. The services sub-segment consists of support and maintenance, training and education, integration and testing and consulting. By deployment, the market is segmented into cloud and on-premise. By organization size, the market is segmented into small & medium enterprises and large enterprises. And by end-user segment the market is segmented into BFSI, telecommunications and IT, retail & wholesales, healthcare, and life science, transportation & logistics, media & entertainment, hospitality, and others.
Some of the prominent players in the global software defined perimeter market: Check Point Software Technologies Ltd. (Israel), Cisco Systems, Inc. (U.S.), Intel Corporation (U.S.), Symantec Corporation (U.S.), EMC RSA (U.S.), Fortinet, Inc. (U.S.), Juniper Networks, Inc. (U.S.), Palo Alto Networks (U.S.), Certes Networks, Inc. (U.S.), Catbird, Inc. (U.S.). Vidder, Inc. (U.S.), Cryptzone North America Inc. (U.S.), TrustedPassage (U.S.), and VeloCloud Networks, Inc. (U.S.) and others.
Market Research Analysis
North America is estimated to account for the highest position in the software defined perimeter market, whereas Asia Pacific market is projected to be the fastest growing during the forecast period. The North American market is witnessing rapid growth due to technological advancements and increasing demand for cutting edge software across different industry verticals in this region. The U.S. holds a majority of the market share both in terms of revenue as well as adoption of advance solutions.
Global Software Defined Perimeter Market is expected to Reach Approximately USD 7899, Software…
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