Global Software-Defined Perimeter Market Is Booming Worldwide by 2025 | Perimeter 81, ZScaler, Cisco Systems, Inc, Okta, Inc, APPGate, Check Point, Broadcom (Symantec)

The Global Software-Defined Perimeter market is a comprehensive market research report which provides market analysis with a historical & futuristic perspective for the following parameters; market size, revenue, demand, and supply data (as applicable). The report offers a detailed market analysis to provide a 360-degree research study on the global Global Software-Defined Perimeter market. Some of the tools used for this are SWOT, PESTEL, and Porter's 5-forces analysis frameworks. The report includes detailed information on the key trends, market drivers, challenges, regulatory landscape, deployment models, opportunities, future roadmaps, value chains, player profiles, and strategies. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Global Software-Defined Perimeter from 2021 till 2026.

The global software-defined perimeter market is expected to grow at a CAGR of 5% over the forecast period 2020 to 2025

Top leading Manufacturers Profiled in Global Software-Defined Perimeter Market Report are: Perimeter 81, ZScaler, Cisco Systems, Inc, Okta, Inc, APPGate, Check Point, Broadcom (Symantec), Cato Networks Limited, Unisys Corporation, Fortinent Corporation, Palo Alto Networks Inc., Safe-T Group Limited, Akamai Technologies, Inc (Soha Systems), Verizon Communications (Vidder)

Major Types Covered
Controller
End Point
Gateway

Major Applications Covered
BFSI
Defense
Education
Government
Healthcare
IT & Telecom
Manufacturing

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News and Updates

- April 2020 - Okta, Inc. entered strategic partnerships with leading endpoint protection and management providers VMware Carbon Black, CrowdStrike, and Tanium. The new integration partnerships provide a broad set of device risk signals to the Okta Identity Cloud, enabling enterprises to combine endpoint risk detection with user identity to deliver unparalleled access security. Made possible through the new Okta Verify application and the Okta Devices Platform Service, these integrations pave the way to enhanced risk analysis and access decisions in a Zero Trust environment.

- March 2020 - AppGate, the cybersecurity company signed a distribution agreement with Promark, a premier, the U.S focused value-added distributor. It will distribute AppGate SDP, a unique and robust software-defined perimeter solution, among its growing base of U.S. channel partners. AppGate SDP will help Promark clients replace inadequate Virtual Private Network (VPN) technology and securely address remote access and cloud migrations

Market Overview

Cloud services are the primary drivers for the digital transformation with ubiquitous adoption in various industries. It has brought different security challenges for the business that is the crucial reason promoting the growth of the global software-defined perimeter market during the projected period.

- Cloud services provide significant opportunities to accelerate the business through rapid scalability and the flexibility of resource utilization. It also reduces operational costs as well as control financial spending on large scale upgrades as cloud computing facilitates seamless scaling at reasonable costs. According to a survey by Flexera conducted in January 2019, 84% of the respondents have a multi-cloud strategy, and enterprises with hybrid strategy grow by 58% during the year. Moreover, 94% of the respondents use the cloud. It has led to increased cases of security breaches (data breaches from connected devices standard in the workplace like mobile, laptops, and IoT devices.) and compromised the confidential data, hence fueling the demand of software-defined perimeter solutions.

- Moreover, the increased number of businesses implementing enterprise mobility solutions that enable and encourage employees to work from anywhere and through a wide range of devices. It has created work-life balance, increased employee-consumer interaction, and operational productivity by 34%. About 67% of the workforce is expected to adopt their own devices (BYOD policy) for work; this further emphasizes the need for network security for mobile and remote devices. According to the report, by 2023, 30% of IT organizations will extend their BYOD policy to cater to employees wearable in the workforce, which will further drive the market.

Regional Analysis for Global Software-Defined Perimeter Market:

For a comprehensive understanding of market dynamics, the global Global Software-Defined Perimeter market is analyzed across key geographies namely the United States, Europe, China, Japan, Southeast Asia, India, Central & South America. Each of these regions is analyzed based on market findings across major countries in these regions for a macro-level understanding of the market.

Regional Analysis

North America to Hold a Significant Market Share

- The healthcare industry is experiencing a transformation with new tools and technologies to reconstruct the delivery of health services in order to improve efficiency with better patient care. Mobile health applications and wearable technologies are leveraged as practical health tools to monitor patients� activities. For instance, smartphones are used as an adapter with electrocardiogram electrodes to transmit data to detect silent atrial fibrillation.

- Digital healthcare services provide personalized patient care at reduced costs. According to a recent HIMSS Analytics survey, over 83% of healthcare organizations are already using cloud services. Moreover, HIMSS reports that the US Department of Health and Human Services listed 412 data breaches that were under investigation in 2018, and the need for network security is crucial than ever before.

- Moreover, major players in the retail sector are embracing hybrid cloud solutions with various applications in their own data center and others in the public cloud, in order to benefit from both on-premise and off-premise cloud implementation and to create a great shopping experience. For instance, AmazonGo stores utilize a combination of computer vision, deep learning, and sensor fusion technology to automate the payment and checkout process. So that customer can directly enter the store, pick-up items and leave without queuing while the payment is made automatically through the Amazon Go app. Amazon currently hold nine Go stores in United States and plans for thousands more in 2020. So, retail sector is shifting to digitalization and requires network security in the future and paves promising road for software-defined perimeter market.

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What is the Impact of Covid-19 Outbreak on the Global Software-Defined Perimeter?

- Optimistic Scenario: COVID-19 is contained by May or June, With Normalcy returning to global operations through the End of Q2.
- Conservative Scenario: COVID-19 Remains Prevalent, with Continued Impacts Lasting into Q4.
- Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Global Global Software-Defined Perimeter.
- Global Software-Defined Perimeter Market Size in 2021
- Corporate Strategy the Manufacturers Should Be Thinking About Right Now.

Frequently Asked Questions about the Global Software-Defined Perimeter market:

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The research includes historic data from 2015 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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