Oct 21, 2019 (AmericaNewsHour) -- The Global Software-Defined Perimeter (SDP) Market was valued at USD 998.26 million in 2016 and is projected to reach USD 15,077.28 million by 2025, growing at a CAGR of 35.21% from 2017 to 2025.
Software Defined Perimeter (SDP) is a security framework used to configure, control, and manage, the customer data without human intervention through policy-driven, programmable, and scalable security architecture. Benefits of Software defined perimeter system include aEUR" information hiding, pre-authentication, pre-authorization, application layer access, and extensibility.
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1. Market Drivers
1.1 Rising market for SDN
1.2 Adoption of cloud-based applications
1.3 Lack of cyber security solutions
1.4 Requirement of stringent regulations and compliances
1.5 Growing trends of BYOD and IoT
2. Market Restraints
2.1 Rising adoption of freeware security applications
2.2 Poor industry standards
2.3 Less knowledge about security in virtualization environment
The Global Software-Defined Perimeter (SDP) Market is segmented on the organization size, component, enforcement point, deployment model, end-user, and region.
1. By Organization Size:
1.1 Large Companies
1.2 Small and Medium Businesses
2. By Component:
2.1.1 Performance management and reporting
2.1.2 Control automation and orchestration solution
2.1.3 Security software
188.8.131.52 Data loss prevention
184.108.40.206 Access control, IDS, and IPS
220.127.116.11 Risk analytics and visualization
2.1.4 Security compliance and policy management
2.2.1 Design and integration
2.2.2 Training and education
2.2.3 Consulting services
2.2.4 Support and maintenance
3. By Enforcement Point:
3.3 End point
4. By Deployment Model:
5. By End-User:
5.2 IT enabled services
5.3 Banking, Financial Services, and Insurance (BFSI)
5.6 Telecom service providers
5.7 Cloud service providers
6. By Region:
6.1 North America (U.S., Canada, Mexico)
6.2 Europe (Germany, UK, France, Rest of Europe)
6.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
6.4 Latin America (Brazil, Argentina, Rest of Latin America)
6.5 Middle East & Africa
Competitive Landscape:The major players in the market are as follows:
1. Cisco Systems, Inc.
2. Catbird Networks, Inc.
3. Intel Corporation
4. Symantec Corporation
5. Check Point Software Technologies Ltd.
6. Certes Networks, Inc.
7. EMC RSA
8. Palo Alto Networks, Inc.
9. Fortinet, Inc.
10. Juniper Networks, Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:Research study on the Global Software-Defined Perimeter (SDP) Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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