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35.2% CAGR Growth to Be Achieved by Software Defined Perimeter (SDP) Market by 2022 According to New Research

Major key players profiled in this report are : 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.

 

Houston, TX -- (SBWIRE) -- 06/07/2018 -- According to New research, the Global Software defined perimeter (SDP) Market 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 defense'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 SDPs will offer a predominant growth opportunity for the market.

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Based on development, perimeter-defined software perimeter software provides a managed network service solution that hides enterprise applications and resources from intruders. The network remains protected and the attackers cannot see what is happening inside. The main drivers driving the SDP market are the need for security mechanisms that can protect scattered business applications. SDP solutions make security infrastructure easy to configure, manage and control through security-oriented security architecture, scalable and programmable security without requiring a high level of expertise, which increases the demand for SDP solutions.
Cloud-based services are becoming more and more popular day by day due to their different features, such as cost-effectiveness and central nature. The security of cloud-based applications is the primary focus of cloud service providers, as it is one of the key factors in building customer trust. Cloud service providers require complex networks to provide business applications and other content with high transport rates and to detect and avoid congestion in networks.

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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 and technology. Asia Pacific is the fastest growing region attributed to the presence of huge number of small & medium enterprises which adopt cloud applications.
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: in this report are, 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 and Other Enterprises Cloud Service Providers, Telecom Service Providers
The research covers the following Regions: North America, US, Canada, Mexico, Europe, Germany, France, Italy, UK, Spain, Rest of Europe, Asia Pacific, Japan, China, India, Australia, New Zealand, Rest of Asia Pacific, Rest of the World, Middle East, Brazil, Argentina, South Africa and Egypt