The report of Global Software Defined Perimeter Market by Component (Solutions, Services), Connectivity (Controller, Gateway, End Point), Deployment Mode (Cloud, On-premises), Organization Size (Small and Medium-sized Enterprises (SMEs), Large Enterprises), and Region (North America, Europe, Middle East & Africa, South America, Asia Pacific) is expected to reach US$ 16.1 Bn by 2027, at a CAGR of XX% during a forecast period.
The SDP goals to give application owners the capability to deploy perimeter functionality where needed. SDPs substitute physical appliances by logical components that operate under the control of the application owner. SDPs offer access to application infrastructure only after device attestation and identity verification.
The alarming increase in network attacks by hackers and cybercriminals is resulting in the need for software defined perimeter. Various organizations and enterprises have recently faced cyber-attacks such as man-in-the-middle, DDoS, and APTs. SDP supports initiatives in blocking malicious traffic. It also automates the blocking process, stopping traffic immediately and preventing it from reaching applications and services. Therefore, the upsurge in network attacks will accelerate the demand for SDP and thus, propel the software defined perimeter market growth.
The on-premises segment is expected to account for the largest XX% market share by 2027.
The on-premises deployment segment will continue to lead the software-defined perimeter market share during 2020-2027. However, its leaders will reduce significantly, as cloud-based deployment will register substantial SDP market growth. Moreover, the MMR report will also provide an accurate prediction of the contribution of the various SDP deployment types to the growth of the global market size.
North America is projected to witness the fastest growth during the forecast period.
North America is forecasted to hold the majority of shares in the SDP market thanks to the presence of a large number of cloud service providers in the region supports the market growth. The APAC SDP market is expected to grow significantly owing to the presence of numerous Small & Medium Enterprises (SMEs), which mostly adopt cloud-based applications.
Key players operating in the Global Software Defined Perimeter Market are , Check Point, Cisco, Palo Alto Networks, Intel, Fortinet, Akamai, Okta, Symantec, Proofpoint, Verizon, Cato Networks, APPGate, Safe-T, Perimeter 81, Illumio, CloudPassage, DH2i, Certes Networks, Pulse Secure, TrusteDPAssage and Right-To-Win
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Software Defined Perimeter Market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global Software Defined Perimeter Market. The driving forces, as well as considerable restraints, have been explained in depth. in addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Software Defined Perimeter Market positioning of competitors.
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