Latest Report Share Software Defined Perimeter (SDP) Market - Global Industry Analysis, Trends and Forecast 2017 - 2025
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SDP model creates an invisible screen in the system to protect against cyber-attacks, malicious software, and other threats. This framework enables organizations to provide a secure access to network based applications, services, and systems globally. Originated from the Defense Information Systems Agency (DISA) model, SDP allows network access and links on need basis only to trusted devices and users.
The increasing need for advanced security technologies is the foremost factor for the increasing adoption of software defined perimeter among enterprises. Presently, the demand for SDP solutions is also being driven due to diverse enterprise applications such as cloud, virtual, on-premise, and hybrid. Software defined perimeter framework enable enterprises streamline operations pertaining to security of applications and authentication of users. A SDP framework allows a defined set of users to access information within the enterprise infrastructure.
Software defined perimeter solutions are increasingly being adopted by multiple end-use industries to serve the increasing demand for simplification in security infrastructure. Apart from this, the rising demand for cloud-based solutions is expected to augment the adoption of software defined perimeter solutions over the forecast period. On the flip side, lack of awareness of security breach and high prerequisites for deployment of SDP are restraining the growth of SDP market. Moreover, the increased adoption of freeway security applications are hampering this market’s growth.
The global software defined perimeter market is expected to be valued at US$12,247.9 mn by 2025 increasing from US$1,129.5 mn in 2016 expanding at a CAGR of 30.9% between 2017 and 2025.
Cloud-based Deployment Model to Stay Ahead
The global SDP market is segmented on the basis of application, end-use, component, deployment, and region. In terms of application, the global SDP market is categorized into security and authentication. Software and services are the component segments of the global software defined perimeter market.
By end-use, the global software defined perimeter market is divided into BFSI, manufacturing, defense, government, IT& telecom, healthcare, education and others. Among these, defense, government, IT& telecom, and BFSI are the key end-use segments contributing to the growth of SDP market.
In terms of deployment, SDP market is segmented into cloud and on-premise. Of the two, cloud-based deployment segment is expected to display healthy growth over the forecast period. This is because cloud-based solutions are scalable and are cost-effective, and in particular suitable for enterprises that require low-cost solutions.
Asia Pacific to Display Rapid Growth in Near Future
Based on geography, North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa are the segments into which the global SDP market is divided. North America holds the leading share over other regional segments in this market. However, Asia Pacific is expected to display rapid growth in the SDP market owing to the presence of small and medium-sized enterprises that mostly adopt cloud-based solutions.
Top players in the global software defined perimeter market include Certes Networks Inc., Cisco Systems Inc., Dell EMC, Intel Corporation, Palo Alto Networks, Vidder Inc., Trusted Passage, Check Point Software Technologies Ltd., Cryptzone North America Inc., Fortinet Inc., Juniper Networks Inc., Velo Deployment Networks, and Symantec Corporation.
This report provides an analysis of the global software defined perimeter market for the period 2015 to 2025, wherein the period from 2017 to 2025 is the forecast period and 2016 is the base year. Data for 2015 is provided as historical information. The report covers all the major trends and technologies playing a major role in the growth of the software defined perimeter market over the forecast period. It also highlights various drivers, restraints, and opportunities expected to influence the market’s growth during this period. The study provides a holistic perspective on the market’s growth in terms of revenue (US$ Mn), across different geographical regions namely North America, Europe, Asia Pacific, Middle East & Africa and South America.
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Global software defined perimeter market is experiencing growth owing to the factors such as rising need for security mechanisms to protect enterprise data from advanced threats across the world. In addition, growing adoption of software defined perimeter especially in mature markets such as Europe and North America to provide better security solutions is expected to fuel the demand for software defined perimeter in coming years.
The market overview section of the report showcases the market dynamics and trends such as the drivers, restraints, and opportunities that influence the current nature and future status of this market. The report also provides the ecosystem analysis and key market indicators for the software defined perimeter market. The software defined perimeter market data estimates are the result of our in-depth secondary research, primary interviews and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the market growth. The report also includes market attractive analysis for various segments to determine their growth and contribution during the forecast period.
Global Software Defined Perimeter Market: Market Segmentation
Software defined perimeter market is segmented by application, component, end-use and deployment. Based on applications global software defined perimeter market is categorized into security and authentication. By component, global software defined perimeter market is categorized into software and services. Among these components, services segment is further segmented into consulting, system integration and operation & maintenance. Based on end-use, global software defined perimeter market is segmented into BFSI, IT & telecom, manufacturing, defense, healthcare, government, education and others. Among these, BFSI, defense, government and IT & telecom are the key applications supplementing the growth of software defined perimeter market. On the basis of deployment, software defined perimeter market is categorized into cloud and on-premise. Among these deployment types, cloud-based deployment is further cross-segmented into public, private and hybrid.
Global Software Defined Perimeter Market: Competitive Outlook
The report also includes competitive profiling of the key players associated with the software defined perimeter market around the globe. The important business strategies adopted by them, their market positioning, financials and recent developments have also been identified in the research report. The competitive landscape section of the report also gives an overview about the major contributing regions/countries by these key players in order to strengthen their market position in the future.
Rising demand for software defined perimeter and growing emphasis on providing better security solutions, forcing companies to develop advanced software defined perimeter to continue the profitability of the market. Certes Networks, Inc., Check Point Software Technologies Ltd., Cisco Systems, Inc., Cryptzone North America Inc., Dell EMC, Fortinet, Inc., Intel Corporation, Juniper Networks, Inc., Palo Alto Networks, Symantec Corporation, Trusted Passage, Velo Deployment Networks, Vidder, Inc., are the few key players which have been profiled in this study. Details such as financials, business strategies, SWOT analysis, recent developments, and other such strategic information pertaining to these players has been duly provided as part of company profiling.
Software defined perimeter Market, by Application
Software defined perimeter Market, by Component
Operation and maintenance
Software defined perimeter Market, by End-use
IT & Telecom
Software defined perimeter Market, by Deployment Type
In addition, the report provides analysis of the software defined perimeter market with respect to the following geographic segments:
Rest of North America
Rest of Europe
Asia Pacific (APAC)
Rest of Asia Pacific
Middle East and Africa (MEA)
United Arab Emirates (U.A.E.)
Rest of MEA
Rest of South America
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