Software Defined Perimeter (SDP) Market to Grow at 36.0% CAGR during the Forecast Period from 2019- 2027

According to a new market research report published by Brisk Insights “Software Defined Perimeter (SDP) Market ((Component- Solution (Security, Control Automation and Orchestration Solution, Security Compliance and Policy Management, Performance Management and Reporting), Service (Support and Maintenance, Training and Education, Integration and testing, Consulting)), (Enforcement Point- Gateway, Controller, End Point), (Deployment Model- On-Premise, Cloud-based), (Organization Size- Large Enterprises, Small and Medium-sized Enterprises), (End-User- Government, IT Enabled Services, BFSI, Retail, Healthcare, Cloud Service Providers)) – Growth, Future Prospects and Competitive Analysis, 2019 - 2027”, the overall Software Defined Perimeter (SDP) market worldwide was valued at US$ 1.84 Bn in 2018 and is set to grow with a CAGR of 36.0% during the forecast period. 

Market Insights

Development of new applications and technologies across the globe are driving the growth for software defined perimeter (SDP) market worldwide. Software defined perimeter (SDP), is a security system based on the approach that diminishes network based attacks. In order to protect the data stored in cloud and other data centers, a dynamic perimeter on the network is created. The prerequisite for security system, growing, cloud based services and digitalization has supported the demand for software defined perimeter (SDP) market. As a result of aforementioned factors, we expect that the software defined perimeter (SDP) market will show remarkable growth during the forecast period. 

Some Software Defined Perimeter (SDP) Market Segments :

Enforcement Point : Based on it, the software defined perimeter (SDP) market is led by gateway segment in 2018. Further, end-point segment is expected to grow at the fastest pace. End point is an IP enabled device which includes tablets, smart phones and laptops which are used to access customer applications and workloads. In SDP the end point is accredited by the controller and then is allowed to connect to the anticipated server.  The solution establishes the link and confines other end points to interfere with the network by safeguarding it from malwares and illicit users. Thus we expect that the end-point segment will be the fastest expanding segment during the forecast period. 

Geography : North America dominates the software defined perimeter (SDP) market in 2018. Adoption of cloud based technology in the region and technological advancements is driving the growth of the software defined perimeter (SDP) market in the region. Further, Asia Pacific shall be the fastest growing region during the forecast period. The region is a manufacturing hub for smartphones which supports the telecom industry in the region. Owing to stringent government regulations and IT security compliances in the region, the demand for software defined perimeter is flourishing. Thus, we expect that Asia Pacific region will grow significantly during the forecast period 2019-2027. 

Browse the full report at https://www.briskinsights.com/report/software-defined-perimeter-sdp-market

Major Companies Profiled In The Report 

• Intel Corporation
• Cisco Systems Inc.
• Juniper Networks
• Fortinet Inc.
• Symantec Corporation
• Check Point Software Technologies Ltd.
• Catbird Networks Inc.
• Certes Networks
• EMC RSA
• Palo Alto Networks Inc.

Recent Industry Updates:

• Pulse Secure Adds Software-Defined Perimeter, Protects Hybrid IT
• InstaSafe Deploys Software Defined Perimeter (SDP) to Protect Business & Financial Services Customers

The Global Software Defined Perimeter Market is Segmented into: