The SDP market is estimated to be USD 2,930 million in 2019 and projected to reach USD 13,880 million by 2024, at a CAGR of 36.5% during the forecast period.
The SDP market is driven by the rising need for policy-based security architecture to reduce network complexities, the increasing adoption of cloud-based applications, and the growing need for regulations and compliance to enhance network security. However, the growing demand for open source security applications may hinder the growth of the SDP market.
Security compliance and policy management segment to grow at the highest CAGR during the forecast period
The SDP market by solutions is segmented into access control, security compliance and policy management, risk analytics and visualization, performance management and reporting, and, others (control automation and orchestration, Data Loss Prevention (DLP), Intrusion Prevention System (IPS), and Intrusion Detection System (IDS)). The security compliance and policy management segment is expected to grow at a rapid pace during the forecast period. SDP solutions deliver a centralized security compliance and policy management solution by automating the entire security compliance and policy management process deployed via software, appliances, and hosted Software as a Service (SaaS) or virtual machines. It saves time and money and enhances productivity by ensuring that businesses focus on their major tasks.
Endpoint connectivity segment to have the largest market size during the forecast period
The SDP market by connectivity has been segmented into controller, gateway, and endpoint. The endpoint connectivity segment is projected to have the largest market size during the forecast period, as it provides proof of device authenticity by integrating the device and user authentication and mitigates the credential theft, brute force password guessing, and other threats. In the SDP market, the endpoint is authorized by the controller and then a connection is allowed to the desired server. The solution encapsulates the connection and restricts other endpoints to interfere with the network by isolating it from malware and unauthorized users.
Asia Pacific to grow at the highest CAGR during the forecast period
APAC is expected to grow at the highest CAGR during the forecast period. APAC, being an emerging economy, is witnessing dynamic changes in the adoption of new technologies, along with mandatory regulations imposed by government regulatory entities, to adopt the best-in-class technology and standards. However, factors such as continual growth in the increased demand for software-defined data center, mobile workforce, the increasing complexity of businesses, and the unregulated nature of the internet, are now expected to push such SMEs to adopt SDP solutions and services in the region.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights 4.1 Attractive Market Opportunities in the Software Defined Perimeter Market 4.2 North America Market, By User Type and Country 4.3 Software Defined Perimeter Market: Major Countries
5 Market Overview and Industry Trends 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 188.8.131.52 Rising Need for Policy-Based Security Architecture to Reduce Network Complexities 184.108.40.206 Increasing Adoption of Cloud-Based Applications 220.127.116.11 Growing Need for Regulations and Compliances to Enhance Network Security 5.2.2 Restraints 18.104.22.168 Lack of Awareness Concerning Security in a Virtualization Environment 5.2.3 Opportunities 22.214.171.124 Increasing Number of Connected Devices Due to IoT and BYOD Trends 5.2.4 Challenges 126.96.36.199 Growing Demand for Open-Source Security Applications 188.8.131.52 Lack of Industry Standards 5.3 Industry Trends 5.3.1 Use Case 1: Healthcare Firm 5.3.2 Use Case 2: MyHeritage 5.3.3 Use Case 3: Amlaw Group 5.3.4 Use Case 4: VIA 5.4 Regulatory Implications 5.4.1 General Data Protection Regulation 5.4.2 Payment Card Industry Data Security Standard 5.4.3 Health Insurance Portability and Accountability Act 5.4.4 Federal Information Security Management Act 5.4.5 Gramm-Leach-Bliley Act 5.4.6 Sarbanes-Oxley Act
6 Software Defined Perimeter Market, By Component 6.1 Introduction 6.2 Solutions 6.2.1 Solutions: Market Drivers 6.3 Access Control 6.4 Risk Analytics and Visualization 6.5 Security Compliance and Policy Management 6.6 Performance Management and Reporting 6.7 Others 6.8 Services 6.8.1 Services: Market Driver 6.8.2 Consulting and Implementation 6.8.3 Training, Support, and Maintenance
7 Software Defined Perimeter Market, By Connectivity 7.1 Introduction 7.1.1 Connectivity: Market Drivers 7.2 Controller 7.3 Gateway 7.4 End Point
9 Software Defined Perimeter Market, By Organization Size 9.1 Introduction 9.2 Large Enterprises 9.2.1 Large Enterprises: Market Drivers 9.3 Small and Medium-Sized Enterprises 9.3.1 Small and Medium-Sized Enterprises: Market Drivers
10 Software Defined Perimeter Market, By User Type 10.1 Introduction 10.2 Government and Defense 10.2.1 Government and Defense: Market Drivers 10.3 IT and Telecom 10.3.1 IT and Telecom: Market Drivers 10.4 Banking, Financial Services, and Insurance 10.4.1 Banking, Financial Services, and Insurance: Market Drivers 10.5 Manufacturing 10.5.1 Manufacturing: Market Drivers 10.6 Healthcare 10.6.1 Healthcare: Market Drivers 10.7 Retail and Ecommerce 10.7.1 Retail and Ecommerce: Market Drivers 10.8 Others
11 Software Defined Perimeter Market, By Region 11.1 Introduction 11.2 North America 11.2.1 North America: Market Drivers 11.2.2 United States 11.2.3 Canada 11.3 Europe 11.3.1 Europe: Market Drivers 11.3.2 United Kingdom 11.3.3 Germany 11.3.4 France 11.3.5 Rest of Europe 11.4 Asia Pacific 11.4.1 Asia Pacific: Software Defined Perimeter Market Drivers 11.4.2 China 11.4.3 India 11.4.4 Rest of Asia Pacific 11.5 Middle East and Africa 11.5.1 Middle East and Africa: Market Drivers 11.5.2 Israel 11.5.3 South Africa 11.5.4 Rest of Middle East and Africa 11.6 Latin America 11.6.1 Latin America: Market Drivers 11.6.2 Brazil 11.6.3 Rest of Latin America
12 Competitive Landscape 12.1 Overview 12.2 Competitive Scenario 12.2.1 New Product/Solution Launches and Product Enhancements 12.2.2 Business Expansions 12.2.3 Acquisitions 12.2.4 Partnerships, Agreements, and Collaborations 12.3 Competitive Leadership Mapping 12.3.1 Visionary Leaders 12.3.2 Dynamic Differentiators 12.3.3 Innovators 12.3.4 Emerging Companies