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Software Defined Perimeter (SDP) Market to Grow at a CAGR of 35.2% by 2022 According to New Research

 

Houston, TX -- (SBWIRE) -- 06/15/2018 -- The Global Software defined perimeter (SDP) Market is accounted for $737.25 million in 2015 and is expected to reach $6,102.2 million by 2022 growing at a CAGR of 35.2% from 2015 to 2022. SDP is a security framework developed by cloud security alliance, this framework is based on department of defence's "need to know" model. Some of the key drivers that are influencing the SDP market include lack of cyber security talent, growing usage of cloud-based applications, strong regulation and compliance requirements and demand for policy driven, scalable and programmable security architecture. However, lack of awareness with reference to security in virtualization environment is constraining the market. Moreover, rising number of coupled devices due to IOT & BYOD trends and increasing demand for SDP's will offer a predominant growth opportunity for the market.
Support and maintenance is the fastest growing segment owing to incessant demand for smooth functioning of overall SDP market solutions. North America commanded the largest market share due to growing focus on developments obtained from R&D's and technology. Asia Pacific is the fastest growing region attributed to the presence of huge number of small & medium enterprises which adopt cloud applications.

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Some of the key players in this market include Cisco Systems, Inc., Symantec Corporation, Fortinet, Inc., Palo Alto Networks, Inc., Catbird Networks, Inc., Check Point Software Technologies Ltd., Intel Corporation, EMC RSA, Juniper Networks, Inc., Certes Networks, Inc., VeloCloud Networks, Inc., Vidder, Inc., Cryptzone North America Inc. and TrustedPassage.
Enterprise Types Covered: Large Enterprises, Small and Medium Enterprises
Deployment Modes Covered: On-Premises, Cloud
Enforcement Points Covered: End Point, Controller, Gateway
Components Covered: Services, Consulting, Support and Maintenance, Integration and Testing, Training and Education, Solution, Performance Management and Reporting, Control Automation and Orchestration Solution, Security Software, Security Compliance and Policy Management
End Users Covered: Enterprise, Healthcare, Government, Banking, Financial Services, and Insurance, Information Technology Enabled Services, Education, Media and Entertainment, Defense, Other Enterprises and Cloud Service Providers, Telecom Service Providers

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The market research report helps analyze the Software Defined Perimeter market on a global basis and also offers forecast and statistics in terms of revenue for the anticipated forecast period 2017 to 2025. This research study offers a detailed overview of the market dynamics that are expected to affect the overall industry in the coming few years. In addition, the study explains the impact of the key factors on the development and growth of the global Software Defined Perimeter market through the forecast period. Promising opportunities in the global Software Defined Perimeter market have also been mentioned in the study.
Global market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top player's including Software Defined Perimeter
To offer a clear understanding of the global market, several questions have been addressed in the research study concerning the growth of the global Software Defined Perimeter market. It is also been discussed with respect to projected growth rate of the global Software Defined Perimeter market in the near future. Also, depending on the ongoing trend of the market, the region which is anticipated to witness high growth in the next few years is studied in detail.
Various aspects are being elucidated including primary application areas, latest trends, leading players operating in the global market, factors which are expected to accelerate the growth, primary challenges faced by the leading players and many more.