Asia Pacific Software Defined Security Market By End User (Telecom Service Providers, Cloud Service Providers and Enterprises), By Application (Application and Mobile Device Security, Virtual Machines/Storage Security/ Servers, Network Security Gateways and Others), By Component (Solution and Services), By Deployment Mode (On-premise and Cloud), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027
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Market Report Description
The Asia Pacific Software Defined Security Market would witness market growth of 27.12% CAGR during the forecast period (2021-2027).
With the evolution of software defined networking, its capability regarding programming and comprehensiveness creates new models for network security. Thus, software defined security models were developed at the opportune time. Software defined security is capable of separating the control plane and security data plane. In software defined security models, the different security devices are separated as security points in resource pools. Entities like banks and other financial services, healthcare, and telecommunications vendors face many issues in fulfilling the security requirements in virtualized cloud environments.
The demand for software defined security solutions would be driven by the rapid emergence of medium-and large-scale enterprises. These solutions can facilitate the collection of network utilization, which may promote enhanced algorithm design utilized to identify attacks. Moreover, many regional enterprises are moving to software-defined security solutions as they provide advantages of SDN or SD-WAN.
Also, these solutions provide virtualization which helps companies to gain capabilities such as scalable instances, centralized remote management, flexible & advanced features. Thus, these benefits along with the mentioned factors are anticipated to play a crucial role in propelling the demand and growth of the software defined security solutions in the regional market during the forecasting period.
The China market dominated the Asia Pacific Software Defined Security Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2,174.7 Million by 2027. The Japan market is estimated to witness a CAGR of 27.4% during (2021 - 2027). Additionally, The India market would showcase a CAGR of 26.8% during (2021 - 2027).
Based on End User, the market is segmented into Telecom Service Providers, Cloud Service Providers and Enterprises. Based on Application, the market is segmented into Application and Mobile Device Security, Virtual Machines/Storage Security/ Servers, Network Security Gateways and Others. Based on Component, the market is segmented into Solution and Services. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., Fortinet, Inc., VMware, Inc., Intel Corporation, Broadcom, Inc. (Symentec Corporation), Hewlett Packard Enterprise Company, Micro Focus International PLC, Palo Alto Networks, Inc., Check Point Software Technologies Ltd., Juniper Networks, Inc.
Scope of the Study
Market Segments Covered in the Report:
By End User
- Telecom Service Providers
- Cloud Service Providers and
- Application and Mobile Device Security
- Virtual Machines/Storage Security/ Servers
- Network Security Gateways and
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Cisco Systems, Inc.
- Fortinet, Inc.
- VMware, Inc.
- Intel Corporation
- Broadcom, Inc. (Symentec Corporation)
- Hewlett Packard Enterprise Company
- Micro Focus International PLC
- Palo Alto Networks, Inc.
- Check Point Software Technologies Ltd.
- Juniper Networks, Inc.
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