Software Defined Perimeter Market size is set to witness high CAGR to 2025. The SDP restraints various forms of cyberattacks such as Server Query (OWASP10), Man-in-the-Middle (MITM), Distributed Denial of Service (DDoS), and Advanced Persistent Threat (APT). The SMEs are largely adopting SDP as the technology is cheaper and easier to deploy and avoids aforementioned forms of attacks. The rising need for security mechanisms, which can protect dispersed enterprise applications is driving the SDP market.
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North America held a large software defined perimeter market share in 2018 and is estimated to dominate the industry share over the forecast timeline. The presence of a large number of cloud service providers in the region supports the market growth. The Asia Pacific SDP market is expected to grow significantly due to the presence of numerous Small & Medium Enterprises (SMEs), which mostly adopt cloud-based applications.
The Software Defined Perimeter (SDP) Market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2014 to 2025, for the following segments:
Software Defined Perimeter Market, By Component, 2014-2025 (USD Million)
- Security Software
- Risk Analytics & Visualization
- Access Control, IDS, and IPS
- Data Loss Prevention (DLP)
- Control Automation & Orchestration Solutions
- Security Compliance & Policy Management
- Performance Management & Reporting
- Support & Maintenance
- Consulting & Training
- Integration & Testing
Software Defined Perimeter Market, By Enterprise Size, 2014-2025 (USD Million)
- Small & Medium Enterprises (SMEs)
- Large Enterprises
SDP Market, By Deployment Model, 2014-2025 (USD Million)
By End-Use, 2014-2025 (USD Million)
- IT-Enabled Services (ITES)
- Telecom Service Providers
- Government & Defense
- Banking, Financial Services, and Insurance (BFSI)
- Media & Entertainment
SDP solution providers are focusing on strategic alliances with other market players to improve their offerings and expand their geographical presence. The other major players operating in the software defined perimeter market are Certes Networks, Inc., Check Point Software Technologies Ltd., Cisco Systems, Inc., Cryptzone North America Inc., Fortinet, Inc., IncVidder, Inc., Intel Corporation, Juniper Networks, Inc., Palo Alto Networks, RSA Security LLC, Symantec Corporation, and VeloCloud Networks, Inc.
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