Software Defined Perimeter Market is Expected to Grow at a CAGR of 35% During the Forecast Period 2017-2023

Research Reports

Jan 20, 2021

Market Synopsis

The data analysts at Market Research Future Reports (MRFR) have revealed that the global software-defined perimeter market is projected to thrive at a promising CAGR of 35% during the assessment period from 2017 to 2023. The actuating need for programmable security architecture is anticipated to influence the global software-defined perimeter market 2020. 

Geographical Analysis

The data experts at MRFR have thoroughly analyzed regions such as Asia Pacific, Europe, North America, and Rest of the World (RoW). The evaluation says that the market is estimated to expand significantly during the assessment period. The evaluation states that the worldwide market is anticipated to be led by North America. North America is anticipated to seize the maximum market share in the global software-defined perimeter market. The region is well-established and technically advanced across several sectors which gives superiority to the region. Furthermore, the region consists of the established players who contribute substantially in market expansion. In addition, the adoption of innovative technology is another factor resulting in market expansion during the assessment period.  On the other side, the Asia-Pacific is speculated to be the swiftest expanding region due to the presence of several small and medium enterprises that willingly adopt the new technologies. Also, the presence of emerging economies like China and India are projected to make substantial participation in expanding the market.

However, the spread of COVID-19 is predicted to bring significant changes in market dynamics.

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Market Segmentation

The worldwide software-defined perimeter market can be divided into enforcement point, organization size, components, deployment, end-users, and geography.

On the basis of enforcement point, the worldwide software-defined perimeter market can be classified into gateway & end-point, and controller.

On the basis of organization size, the worldwide software-defined perimeter market can be classified into mall & medium enterprises and large enterprises.

On the basis of components, the worldwide software-defined perimeter market can be divided into solutions & service. Solutions can be further divided into visualization, risk analytics, ids, access control, IPS, and data loss prevention.

On the basis of deployment, the worldwide software-defined perimeter market can be classified into cloud and on-premise.

On the basis of end-users, the worldwide software-defined perimeter market can be classified into telecommunications and IT, BFSI, hospitality, retail & wholesales, transportation and logistics, healthcare and life science, media and entertainment, and others.

On the basis of geography, the worldwide software-defined perimeter market can be divided into Asia Pacific, North America, Europe, and Rest of the World (RoW).

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About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR’s methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

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