A new market study,“ Software Defined Perimeter Market ” has been featured on Market Research Future.

The report on the Software Defined Perimeter Market provides a bird’s eye view of the current proceeding within the Software Defined Perimeter Market. Further, the report also takes into account the impact of the novel COVID-19 pandemic on the Software Defined Perimeter Market and offers a clear assessment of the projected market fluctuations during the forecast period.

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Market Scenario:

Software defined perimeter (SDP) can be defined as solutions used to control and manage customer data without human involvement with the help of policy-driven, programmable, and scalable security architecture. Aspects such as rising economy, high growth rate of urbanization, and employment rate as well as the rapid industrialization is driving the global software defined perimeter (SDP) market.

Technology giants 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.) and others are well established in this market. Cisco Systems, Inc. is one of the prominent players in software defined perimeter market. Cisco and Hyundai Motor Company announced the production of a next-generation, hyperconnected car. Cisco Systems a prominent player in software defined perimeter market joined hands with Hyundai to feature new in-vehicle network in their premium 2019 vehicles. The use of a Software Defined Vehicle (SDV) architecture, in-vehicle network sets the stage for adaptive technologies and offers integrated, multi-layer security, as well as full end-to-end networking – allowing true sensor integration. It will also enable new, high-speed services through an integration layer between software and the dominant hardware.

The factors driving the growth of the software defined perimeter market are, requirement for programmable security architecture, rise in adoption of cloud-based applications, absence of cyber security talent and macroeconomic factors. However, aspects such as lack of awareness of security breach and high condition for deployment of SDP are restraining the market growth.

The global software defined perimeter market is expected to grow at a CAGR of approximately 35% during the forecast period 2017-2023.

Regional Analysis:

The global software defined perimeter market is studied for Asia Pacific, North America, Europe, and Rest of the World. It has been observed that North America accounts for the largest share in the global software defined perimeter market. Owing to technological advancement, well-established IT infrastructure, adoption of advanced technology across numerous industries. Asia Pacific is expected to be the fastest growing owing to the presence of small and medium enterprises that mostly adopt cloud-based applications.

Segments:

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 & 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 and logistics, media and entertainment, hospitality and others.

Key Players:

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.

More Information : https://www.marketresearchfuture.com/reports/software-defined-perimeter-market-5453

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