Increasing shift towards an online platform to fuel demand in the global Software Defined Perimeter market. The market has been witnessing the development of new technology. Fortune Business Insights has announced publishing of a report, titled “Software Defined Perimeter (SDP) Market Size, Share and Global Trend By Application, By Components, By End Use, By Deployment Type and Geography Forecast till 2026”.
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“Key players are expected to emphasize integrating Artificial Intelligence in the system. This is anticipated to propel the growth in the global Software Defined Perimeter market,” said a lead analyst at Fortune Business Insights.
Top Players List:
• Cisco
• Intel Corporation
• Symantec
• Juniper Networks Inc.
• Fortinet
• Palo Alto Networks
• Check Point Software Technologies Ltd
• VeloCloud
• Certes Networks
• Cryptzone
• Catbird
• TrustedPassage
• EMC RSA
• Vidder Inc.
Integration of internet of things with the system is a major factor anticipated to fuel the demand in the market during the forecast period 2018-2025. Additionally, the rising adoption of e-financial services is expected to boost the global market.
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Regional Analysis:
• North America (the USA and Canada)
• Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
• Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
• Latin America (Brazil, Mexico and Rest of Latin America)
• Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
As stated in the report, North America held a significant share in the market in 2017. The region is expected to witness impressive growth during the forecast period. Owing to intense research and development taking place in the region for IoT integration in the system is likely to enable the growth in the region. Besides this, Asia Pacific is expected to witness promising growth owing to the rising adoption of a sedentary lifestyle in nations such as India and China.
Major Table of Content for Software Defined Perimeter Market:
Introduction
Executive Summary
Market Dynamics
Key Insights
Global Software Defined Perimeter Market Analysis, Insights and Forecast, 2014-2025
North America Software Defined Perimeter Market Analysis, Insights and Forecast, 2014-2025
Europe Software Defined Perimeter Market Analysis, Insights and Forecast, 2014-2025
Asia Pacific Software Defined Perimeter Market Analysis, Insights and Forecast, 2014-2025
Middle East and Africa Software Defined Perimeter Market Analysis, Insights and Forecast, 2014-2025
Latin America Software Defined Perimeter Market Analysis, Insights and Forecast, 2014-2025
Competitive Landscape
Company Profile
Conclusion
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According to a research report "Software Defined Perimeter Market by Component (Solutions and Services), Connectivity, Deployment Mode, Organization Size, User Type (Government & Defense, IT & Telecom, and Retail & eCommerce), and Region - Global Forecast to 2024", published by MarketsandMarkets, the global SDP market size is expected to grow from USD 2.9 billion in 2019 to USD 13.8 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 36.5% during the forecast period.
Major factors fueling the market growth include the rising need for policy-based security architecture to reduce network complexities, increasing adoption of cloud-based applications, and growing need for regulations and compliance to enhance network security.Browse 105 market data Tables and 39 Figures spread through 174 Pages and in-depth TOC on "Software Defined Perimeter Market - Global Forecast to 2024"Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=141863014The end point connectivity segment to hold the largest market size during the forecast periodThe SDP market by connectivity is segmented into controller, gateways, and end point.
The growth in the connectivity market is associated with the rise in the number of security breaches targeting business networks and applications, where hackers try to gain access to sensitive data.
As vulnerabilities have become more complex and sophisticated, the demand for SDP products is expected to increase, to cater to the growing challenges posed by these threats.By service, the consulting and implementation segment to grow at a higher CAGR during the forecast periodThe SDP market by service is segmented into consulting and implementation services; and training, support, and maintenance services.
The growing need to upgrade and enhance existing SDP solutions and make the deployed solution more robust with the emerging nature of cyberattacks to pave the way for consulting and implementation services in the market.
Consulting and implementation services help companies choose the most suitable SDP solution, depending on their business-specific requirements and user type.North America to hold the largest market size during the forecast periodNorth America is dominating the SDP market, as the region is considered to be the most advanced region with regards to cutting edge security technology adoption and infrastructure.
It is expected to continue its robust growth, thanks to rising challenges with IT security, collaboration, access, and incorporation of technologies like cloud.The SDP solutions promise to provide a stable and robust access to IT firms without the need to deploy their individual security teams, which are expected to reduce costs significantly, and cater to growing demand of a mobile workforce.
Request Sample pages of premium Research Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=16916An Overview of Security ChallengesRecent history of security hacks present a challenging picture for enterprises around the globe.
These two men caused Medstar Health, and Hollywood Presbyterian Medical Center to lose more than $30 million.
Similar attacks were witnessed in 2019 by Albany in New York, Imperial county in California, Greenville city in North Carolina, and Augusta, Maine.It was reported that over 5 million TSL servers can be impacted as a handling code of the Exim mail transfer agent was leaked to hackers.Key Trends in the SDP MarketThe large sum of losses, extortion payments, and potential liabilities are expected to deter many enterprises to avail the SDP solutions.
It was developed on the back of Defense Information Systems Agency’s work.
Apart from the security, these are expected to be a major boon for the software defined perimeter market in the near future.Among its end-users, the software defined perimeter market caters to a wide range of sectors.
According to a research report "Software Defined Perimeter Market by Component (Solutions and Services), Connectivity, Deployment Mode, Organization Size, User Type (Government & Defense, IT & Telecom, and Retail & eCommerce), and Region - Global Forecast to 2024", published by MarketsandMarkets, the global SDP market size is expected to grow from USD 2.9 billion in 2019 to USD 13.8 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 36.5% during the forecast period.Major factors fueling the market growth include the rising need for policy-based security architecture to reduce network complexities, increasing adoption of cloud-based applications, and growing need for regulations and compliance to enhance network security.Browse and in-depth TOC on "Software Defined Perimeter Market - Global Forecast to 2024"105 - Tables 39 - Figures 174 – PagesDownload PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=141863014The end point connectivity segment to hold the largest market size during the forecast periodThe SDP market by connectivity is segmented into controller, gateways, and end point.
The growth in the connectivity market is associated with the rise in the number of security breaches targeting business networks and applications, where hackers try to gain access to sensitive data.
As vulnerabilities have become more complex and sophisticated, the demand for SDP products is expected to increase, to cater to the growing challenges posed by these threats.By service, the consulting and implementation segment to grow at a higher CAGR during the forecast periodThe SDP market by service is segmented into consulting and implementation services, and training, support, and maintenance services.
The growing need to upgrade and enhance existing SDP solutions and make the deployed solution more robust with the emerging nature of cyberattacks to pave the way for consulting and implementation services in the market.
Consulting and implementation services help companies choose the most suitable SDP solution, depending on their business-specific requirements and user type.Speak to Our Expert Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=141863014North America to hold the largest market size during the forecast periodNorth America is dominating the SDP market, as the region is considered to be the most advanced region with regards to cutting edge security technology adoption and infrastructure.
In addition, the region is highly regulated in terms of compliance management.
