Software Defined Perimeter (SDP) Market Expected to Expand at a Steady CAGR through 2026

Software defined perimeter (SDP) is used to configure, control, and manage, the customer data without human intervention through policy-driven, programmable, and scalable security architecture. The global software defined perimeter (SDP) market is expected to have significant growth rate, attributed to growing consumer electronic display market. North America and Western Europe has substantial growth in the global software defined perimeter (SDP) market as the solution does not requires much of human resource expertise.

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Global Software Defined Perimeter (SDP) Market Dynamics:

The growth of the global software defined perimeter (SDP) market is driven by requirement for security system which is used to protect diversified enterprise applications, growing cloud based services, and digitalization. Macroeconomic factors such as growing economy, rapid rate of urbanization, and employment rate as well as the rapid rate of industrialization driving the global software defined perimeter (SDP) market. Some other factors trending the global software defined perimeter (SDP) market include partnerships, product launches, business expansions, and mergers & acquisitions among the software defined perimeter (SDP) provider. The company providing the software defined perimeter (SDP) have significantly high opportunity in regions such as Asia-Pacific, Middle East & Africa, and Latin America attributed to the significantly growing industrial economy. The electrically software defined perimeter (SDP) market also has a significant opportunity in the North America and Western Europe region, attributed to growing cloud-based application industry in the region.

Global Software Defined Perimeter (SDP) Market Segmentation:

The global software defined perimeter (SDP) market is segmented on the basis of deployment mode, component, product type, and region. On the basis of deployment mode, the global software defined perimeter (SDP) market is segmented as cloud and on-premises, wherein cloud segment have significant revenue share and is expected to have substantial growth rate. On the basis of component, the software defined perimeter (SDP)market is segmented as solution and service. Among the component segment, solution segment contribute for the significant revenue share and is expected to grow at a significant rate over the forecast period in the global software defined perimeter (SDP) market. On the basis of product type, the global software defined perimeter (SDP) market is segmented as controller, gateway, and end point, wherein controller segment have significant revenue share and are expected to have substantial growth rate.

Based on deployment mode, the global software defined perimeter (SDP) market is segmented into:

Cloud
On-Premises
Based on component, the global software defined perimeter (SDP) market is segmented into:

Solution
Control Automation
Orchestration Solution
Others
Service
Based on product type, the global software defined perimeter (SDP) market is segmented into:

Controller
Gateway
End Point
Global Software Defined Perimeter (SDP) Market Regional Outlook:

Based on the geographies, the global software defined perimeter (SDP) market is fragmented into seven regions -- North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific except Japan, Japan, and the Middle East & Africa. Among the regions, North America accounts for a relatively high share of the global software defined perimeter (SDP) market in terms of value, attributed to early adoption of software defined perimeter and rapid rate of technological advancements in the region. The Asia-Pacific except Japan region also accounts for significant share in the global software defined perimeter (SDP) market with substantial growth rate, owing to the high presence of a large number of small and medium enterprises in the region particularly in countries such as India and China operating in cloud-based applications. Eastern Europe and Japan also accounts for significant value share in the global software defined perimeter (SDP) market. The developing economy such as Middle East Africa and Latin America have a substantial growth in the global software defined perimeter (SDP) market, owing to substantially growing cloud-based application industry in the region. Overall, the outlook for the global software defined perimeter (SDP) market will have a positive growth over the forecast period.

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Global Software Defined Perimeter (SDP) Market Player:

Few players in the global software defined perimeter (SDP) market include Cisco Systems, Inc., Check Point Software Technologies Ltd., VeloCloud Networks, Inc., TrustedPassage, Cryptzone North America Inc., Vidder, Inc., Catbird, Inc., Certes Networks, Inc., Palo Alto Networks, Juniper Networks, Inc., Fortinet, Inc., EMC RSA, Symantec Corporation, and Intel Corporation.

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This release was published on openPR.