BANGALORE, India, Oct. 8, 2020
BANGALORE, India, Oct. 8, 2020 /PRNewswire/ -- According to the Latest Market Research Report "Software Defined Perimeter Market Based on Enforcement Point (across Controller, End Point, and Gateway), Based on Component (Services and Solutions) Based on Deployment (On-Cloud and On-Premises) Based on End User (Banking, Financial Services, and Insurance, Defense, Education, Government, Healthcare, Information Technology Enabled Services, Media & Entertainment, and Telecom) and Based on Region – Global Forecast to 2025", published on Valuates Reports.
The Global Software Defined Perimeter Market size is expected to grow from USD 3,141 Million in 2019 to USD 10,613.87 Million by 2025 at a CAGR of 22.49% during the forecast period.
Major factors driving the growth of SDP market size include security framework requirements that are used to secure diversified enterprise applications, increasing cloud-based services and digitalization.
The Software Defined Perimeter Market report provides in-depth information about lucrative emerging markets and offers detailed information about new product launches, untapped geographies, recent developments, and investments. The report also provides an exhaustive assessment of Software Defined Perimeter Market size, shares, strategies, products, and manufacturing capabilities of the leading players.
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TRENDS INFLUENCING THE SOFTWARE DEFINED PERIMETER MARKET SIZE
SDP covers all endpoints that attempt to access the infrastructure as authenticated through multiple attempts. Therefore, all unauthorized networks are rendered unapproachable, and the perimeter protects the identified network. These often provide the privilege of reducing network attacks by concealing unauthorized or unauthenticated users from network resources. This feature is expected to drive the Software Defined Perimeter Market size.
With the introduction of cloud technologies, the possibility of network attacks against application infrastructure has increased, as conventional perimeter security techniques cannot secure servers. Increasing cloud implementation requires a compatible security architecture model for cloud technologies. This demand from the security architecture model for cloud technologies is expected to fuel the SDP Market size.
SOFTWARE DEFINED PERIMETER MARKET SHARE ANALYSIS
The security compliance and policy management segment is expected to witness the highest growth during the forecast period based on the solution. By automating the entire security compliance and policy management process deployed through software, appliances, and hosted software as a Service (SaaS) or virtual machines, Software Defined Perimeter solutions provide a centralized security compliance and policy management solution.
Based on the region, North America is expected to hold the largest Software Defined Perimeter Market share. This dominance of North America is attributed to adopting the software-defined perimeter by large enterprises to deliver high performance, productivity, and escape data vulnerability over the heavy traffic network.
The Asia Pacific is predicted to grow at the fastest pace during the forecast period. The Asia Pacific is home to providers of telecommunications networks, e-commerce and retailers, and others. The region also has the highest number of startups. In the coming years, these startups are expected to implement cloud-based solutions. Also, over the forecast period, the increasing need to protect the data, strict regulations, and changing BYOD trends are expected to drive the region's Software Defined Perimeter Market size.
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SOFTWARE DEFINED PERIMETER (SDP) MARKET SEGMENTATION & COVERAGE:
This research report categorizes the Software Defined Perimeter to forecast the revenues and analyze the trends in each of the following sub-markets:
Based on Enforcement Point, the Software Defined Perimeter Market studied across Controller, End Point, and Gateway.
Based on Component, the Software Defined Perimeter Market studied across Services and Solutions.
Based on Deployment, the Software Defined Perimeter Market studied across On-Cloud and On-Premises.
Based on End User, the Software Defined Perimeter Market studied across Banking, Financial Services, and Insurance, Defense, Education, Government, Healthcare, Information Technology Enabled Services, Media & Entertainment, and Telecom.
Leading Key Vendors :
The report provides insights on the following pointers:
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SIMILAR REPORTS :
The global Software Defined Networking Market size was valued at USD 9,995 Million in 2019 and is projected to reach USD 72,630 Million by 2027, growing at a CAGR of 28.2% from 2020 to 2027.
The global Virtual Private Network market size is projected to reach USD 3368.8 Million by 2026, from USD 1772.2 Million in 2020, at a CAGR of 11.3% during 2021-2026.
Adaptive Security Market size is expected to grow from USD 6,849.82 Million in 2019 to USD 13,347.31 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 11.75%.
The Global Embedded Security Market size is expected to grow from USD 4,312.76 Million in 2019 to USD 5,699.21 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 4.75% during the forecast period.
The global Cloud Security market size is projected to reach USD 5259.6 Million by 2026, from USD 4322.2 Million in 2020
The Cloud Storage Market size was valued at USD 46.12 billion in 2019, and is projected to reach USD 222.25 billion by 2027, growing at a CAGR of 21.9% from 2020 to 2027.
View Full Report: https://reports.valuates.com/market-reports/ALLI-Manu-0Q26/cloud-storage
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