The report offers a detailed segmentation of the global software defined perimeter (SDP) market based on connectivity, deployment mode, organization size, user type, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors, and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.
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Covid-19 Scenario:
► The COVID-19 pandemic has led to substantial financial losses in many regions, disrupting future plans and initiatives that may now require more time. However, the increasing adoption of digitization and cloud-based technologies has created a need for sustainable systems, which is expected to drive growth in the Software Defined Perimeter Market.
► The surge in remote work has resulted in employees using vulnerable networking infrastructure, leading to a heightened interest in software defined perimeter solutions. Despite VPNs causing several issues for remote workers, it is predicted that the software defined perimeter will see increased adoption both during the pandemic and beyond.
Based on connectivity, the gateway segment contributed to more than two-fifths of the global software defined perimeter (SDP) market revenue and is projected to rule the roost by 2031. However, the end point segment would also showcase the fastest CAGR of 40.4% throughout the forecast period. The controller segment is also studied in the report.
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Based on deployment mode, the on-premises segment held the largest share in 2021, garnering more than half of the global software defined perimeter (SDP) market revenue. On the other hand, the cloud segment is projected to maintain its dominance by 2031. The same segment would also cite the fastest CAGR of 40.4% throughout the forecast period.
Based on organization size, the large enterprise segment contributed to nearly three-fifths of the global software defined perimeter (SDP) market revenue and is projected to rule the roost by 2031. However, the small and medium enterprise segments display the fastest CAGR of 40.5% throughout the forecast period.
Based on user type, the government and defense segment contributed to more than one-fifth of the global software defined perimeter (SDP) market revenue and is projected to rule the roost by 2031. The IT and telecom segment would also display the fastest CAGR of 40.2% throughout the forecast period. The other segments assessed through the report take in banking, financial services & insurance, manufacturing, healthcare, retail & e-commerce, and others.
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Based on region, North America held the major share in 2021, garnering nearly two-fifths of the global software defined perimeter (SDP) market revenue and is projected to rule the roost by 2031. However, the Asia-Pacific region would also showcase the fastest CAGR of 40.2% throughout the forecast period. The other provinces studied through the report include Europe and LAMEA.
Key Market Players:
► Catbird Networks, Inc.
► Juniper Networks, Inc.
► Certes Networks
► Palo Alto Networks, Inc.
► Cisco Systems, Inc.
► RSA Security LLC.
► Check Point Software Technologies Ltd.
► Broadcom Corp
► Intel Corporation
► Fortinet, Inc.
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