A recent report published by Infinium Global Research on software defined perimeter (SDP) market provides in-depth analysis of segments and sub-segments in the global as well as regional software defined perimeter (SDP) market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional software defined perimeter (SDP) market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global software defined perimeter (SDP) market. According to the report, the global software defined perimeter (SDP) market is projected to grow at a CAGR of 31.5% over the forecast period of 2018-2024.
The software-defined perimeter is a security framework developed by the Cloud Security Alliance (CSA) that controls access to resources based on identity. The software defined perimeter depend on appliances such as firewalls or VPN concentrators and binding mobile operators to specific locations. The major benefits offered by software defined perimeter market are it secures gateways at the application layer both to the cloud and between securities with concealed micro-tunnels that illegal hackers could not detect. Software-defined Perimeter offers secured access to cloud environment including PaaS, IaaS and many other.
The traditional perimeter-based approach to network security is not enough. Therefore, organizations are shifting towards a new approach of network security that includes software-defined perimeter. Moreover, diverse enterprise applications such as on premise, hybrid, and cloud the demand for software defined perimeters have significantly increased. The software-defined perimeter is used to lower the chances of network-based attacks, including man-in-the-middle attacks, denial-of-service (DOS) attacks, server vulnerabilities and lateral movement attacks such as cross-site scripting (XSS). The growing need for advanced security technologies to solve the problem of network attacks promotes the growth of the global software-defined perimeter market. Moreover, the adoption of the software-defined perimeter architecture (SDP) by various end-user industries to serve the increasing demand for security infrastructure is creating a positive impact for the market growth. However, lack of awareness about secure software solutions could hamper the growth of software-defined perimeter (SDP) market. Furthermore, the growth in industrialization coupled with digitization is anticipated to create growth opportunities for the software-defined perimeter market in near future.
Among the regions, North America is anticipated to be the largest region for software-defined perimeter market. Highly developed infrastructure, early adoption of software-defined perimeter and highly focused on research and development activities to develop new technology in U.S and Canada are some factors driving the demand for the market in the North American region. Asia Pacific is anticipated to be the fastest growing region for the software-defined perimeter (SDP) market. Owing to the presences of small and medium of enterprises in countries such as India and China working in the cloud-based application. The developing economies such as Middle East Africa and Latin America is anticipated to have significant growth in software-defined perimeter market during the forecast period.
The report on global software defined perimeter (SDP) market covers segments such as enforcement point, components, deployment mode, and end user. On the basis of enforcement point, the sub-markets include gateway, controller, and end point. On the basis of components, the sub-markets include solutions and services. On the basis of deployment mode, the sub-markets include on-premises and cloud. On the basis of end user, the sub-markets include healthcare, defense, information technology enabled services, education, banking, financial services, and insurance, government, media and entertainment, and telecom.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section, the key trends and market size for each geography are provided over the period of 2016-2024. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in this region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China.
The report provides profiles of the companies in the market such as Cyxtera Technologies, Inc., Check Point Software Technologies Ltd., Certes Networks, Inc., Cisco Systems, Inc., Palo Alto Networks, Inc., Intel Corporation, Juniper Networks, Inc., Symantec Corporation, Fortinet, Inc., and RSA Security LLC.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of software defined perimeter (SDP) market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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