Software-Defined Perimeter SDP Market Discussing Current Regular Trends in Development of Growing Industry: Check Point Software Technologies Ltd. (Tel Aviv, Israel), Cisco Systems, Inc. (California, U.S.), Intel Corporation (California, U.S.), Symantec C

The Software-Defined Perimeter Market size is estimated to grow from USD 998.26 million in 2016 to USD 15,077.28 million by 2025, at a Compound Annual Growth Rate (CAGR) of 35.21% during the forecast period. In the report, 2015 is considered the base year while the forecast period is 2017–2025. SDP is designed to secure an organization’s critical network infrastructure from advanced cyber threats. Cyber-attacks are increasing at an alarming rate and this has necessitated the organizations worldwide to adopt cyber security components to address the attacks in the continuously evolving threat landscape.

The software-defined perimeter market by component is divided into two types: solutions and services. The different SDP solutions include security software, control automation and orchestration solution, security compliance and policy management, and performance management & reporting. Similarly the other component that is services includes support & maintenance, training & education, integration & testing, and consulting. These components help protect the IT systems in the organizations from the rapidly evolving network threats.

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The cost-effective feature has propagated the adoption of cloud-based services across the globe. Thus, the demand for security solutions for cloud infrastructures is rapidly increasing as it is the dominant delivery model to meet the ever-growing IT security needs. Many security vendors such as Check Point, Catbird, Vidder, TrustedPassage, CloudPassage, VeloCloud, and Cryptzone offer SDP solutions that protect enterprise applications, resided on cloud.

The solutions provide a centralized technique to protect enterprise application and data. Due to the heavy deployment of cloud applications, demand for security of such applications is necessitated across SMEs and large enterprises. The features such as easy manageability, quick deployment, low cost, and most importantly minimized human intervention are attracting enterprises to adopt SDP solutions.

The following are the major objectives of the study.
• To define, describe, and forecast the global software-defined perimeter market on the basis of enforcement points, components (solutions and services), deployment modes, organization sizes, end users, and regions
• To provide a detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
• To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contribution to the total market
• To analyze the opportunities in the market for the stakeholders and detail the competitive landscape for the market leaders

The research methodology used to estimate and forecast the software-defined perimeter market begins with capturing data on key vendors’ revenues through secondary sources, such as company financials, annual reports, press releases, paid databases (Hoovers, Bloomberg Businessweek, Factiva, and various others), journals, associations (Cloud Security Alliance (CSA), Cloud Computing Association (CCA), International Organization of Standardization (ISO), and various others), and others. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global software-defined perimeter market from the revenue of the key players in the market.

After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key people, such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and to arrive at the exact statistics for all segments and subsegments.

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The SDP ecosystem comprises SDP vendors, such as Check Point Software Technologies Ltd. (Tel Aviv, Israel), Cisco Systems, Inc. (California, U.S.), Intel Corporation (California, U.S.), Symantec Corporation (California, U.S.), EMC RSA (Massachusetts, U.S.), Fortinet, Inc. (California, U.S.), Juniper Networks, Inc. (California, U.S.), Palo Alto Networks (California, U.S.), Certes Networks, Inc. (Pennsylvania, U.S.), and Catbird, Inc. (California, U.S.), Vidder, Inc. (California, U.S.), Cryptzone North America Inc. (Massachusetts, U.S.), TrustedPassage (California, U.S.), and VeloCloud Networks, Inc. (California, U.S.).

The vendors offer their solution and services to the end users, such as cloud service providers, telecom service providers, and enterprises. Other stakeholders of the software-defined perimeter market include security service providers, consulting service providers, and IT service providers.

“The study answers several questions for the stakeholders; primarily, which market segments to focus in the next two to five years for prioritizing the efforts and investments.”

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