Published Date: 14-Apr-2020
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According to a new report Global Software Defined Perimeter Market, published by KBV research, The Global Software Defined Perimeter Market size is expected to reach $10.7 billion by 2025, rising at a market growth of 23.7% CAGR during the forecast period.
Large enterprises recorded a dominant market share during the base year of the market study. These organizations hold huge financial account, company, and other kinds of data. This needs to be safely stored and used by the authorized users in a secure way. The users perform numerous confidential activities, and SDP tracks the behavioral changes that occur in the workplace continuously.
The Asia Pacific region is anticipated to grow at the highest rate over the forecast period. The region is the center of various telecommunications, ecommerce and retail, and other providers. It also witnesses emergence of a massive amount of startup companies. It is also anticipated that the growing need to protect the data, strict regulations and dynamic BYOD trends will drive the market over the forecast period. Due to the introduction of software-defined perimeter large enterprises, North America recorded the largest market share in 2018 to offer high performance, reliability and prevent data vulnerability over the heavy traffic network.
The SDP market is segmented on the basis of deployment mode into cloud and on-premises modes. Cloud systems make better use of technology and make it possible for multiple users and departments to share resources, providing a higher level of scalability and reducing the ongoing cost of deployment and continuous growth. It is expected that these advantages will drive the adoption of cloud SDP solutions among all types of users.
Structural Insights: https://www.kbvresearch.com/software-defined-perimeter-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Cisco Systems, Inc., Palo Alto Networks, Inc., Dell Technologies, Inc., Akamai Technologies, Inc., Fortinet, Inc., Verizon Communications, Inc., Intel Corporation, NortonLifeLock, Inc., Check Point Software Technologies Ltd., and Pulse Secure, LLC.
By Organization Size
By Deployment Type
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