Adaptive Security Market : Global Industry Size, Share, Growth, Forecast To 2024

Latest industry research report on: Global Adaptive Security Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts

In today’s modern software developing world the conventional security systems are not able to provide expected security to the dynamically changing systems which interact with varying computing environment. Organizations has been adopting and upgrading firewalls to keep pace with the threats to protect enterprise data, applications and networks. However as evolving technologies are inter-connected and integration based such as cloud and IoT based systems, the complexity of computing becomes more distributed and dynamic. So the focus of security is diverted from exterior to interior of enterprise system such as data center and cloud. The security breaches pertaining to major global organizations such as Bank of America Corporation, Target Corporation and U.S Office of Personnel Management (OPM) has led to adoption of adaptive security mechanisms by organizations (small and large) to avert attacks originating from within or outside of the organizations.

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Adaptive security automatically evolves and changes with the environment to uninterruptedly inspect the computing environment it is protecting. The adaptive security system is an integrated design of hardware and software to provide security at the core of infrastructure against remote devices and IoT in traditional and cloud based ecosystem. As the workload evolves in application process, the security also adapts to it and it keeps track of the changes and re-computes security parameters as environment changes across all data centers, public clouds, and hybrid environments. It enables the end user (organizations) to write their security policies which are binding to workload without interacting with the underlying network. If a cyber-attack or malware occurs, the affected area is isolated from the rest of the infrastructure, reducing the attack area.

The major driving factor for the growth of global adaptive security market are constantly varying nature of the technology infrastructure, increasing risk of high-profile attacks to organization infrastructure, damage to critical infrastructure and raising online attacks. The other factor contributing to growth of global adaptive security market is the enhanced security feature and its ability to control and combat cyber-crime effectively. The technical parameter restraining the growth of global adaptive security market is the time period required by adaptive security system to implement the security measure. During this period the system depends solely on conventional protection system such as intrusion detection system (IDS) and intrusion prevention system (IPS) which are not capable to block advanced threats. Increasing public awareness regarding threats to data and importance of security in organizations is expected to provide opportunities for growth of global adaptive security market.

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The global adaptive security market is segmented on the basis of component, application, industry vertical and geography. On the basis of component, the global adaptive security market is segmented into hardware and software component. In terms of application, the global adaptive security market is segmented into BFSI, government, retail, defense, commercial and others. The other segment includes healthcare and education. The industry vertical segment of global adaptive security market includes IT and telecommunication, logistics, media and entertainment. Moreover, on the basis of geography the global adaptive security market is segmented as North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Illumio a leading player in global adaptive security market. Its Adaptive Security Platform (ASP) is designed to protect communication within and among applications. It is a distributed software platform which reduce the cyber-attack by segmenting the workloads and applications in the system. It supports various server formats such as virtual machine, Windows, Linux and all computing ecosystem such as public and private cloud and data center.

Symantec and IBM are also implementing adaptive security architecture in accordance to the shifting business and cyber security landscape. Some of the other key players of global adaptive security market are Cisco Systems, Inc., Trend Micro Incorporated, Juniper Networks, Inc., Rapid7 LLC and Fortinet, Inc.

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