Software-Defined Security Market Research Report, Component (solutions, services), Enforcement Point (network security gateways, others), Deployment Mode (cloud, on-premise), End-Users (telecom and cloud service providers) — Forecast till 2027
Software-defined security market is expected to grow from USD 2.19 billion in 2017 to USD 57.36 Billion by 2030, at a compound annual growth rate (CAGR) of 29.51% during the forecast period. The base year considered for the examination is 2016, and the market size is determined from 2020 to 2030.
Competitive Dashboard
The major players in the Software-Defined Security market are Cisco Systems (California), Intel Corporation (California), Check Point Technologies (Israel),Juniper Networks (California), Dell Inc. (US), Versa Networks Inc (US), Symantec Corporation (California), and Palo Alto Networks (California).
Other players in the Software-Defined Security market are Catbird Networks Inc (US), Certes Networks Inc (US), Citrix Systems Inc (US), and CloudPassage Inc (US).
Market Highlights
The security model includes software that handles data safety, and most activities are utilizing mechanization. The vital drivers of the software-defined security market are blasting cloud-based figuring administrations, developing business worries about virtualized web security and rising interest for unstructured data stockpiling, hence empowering organizations to improve and convey their organization security the executives frameworks. Furthermore, cloud-based technology reception incorporates interruption discovery, interest for unstructured data stockpiling, basic character and access stockpiling integration, data loss prevention, and other software-defined systems administration innovations as key market powerhouses simultaneously. Furthermore, software-defined security highlights, for example, integration with different innovations like character and access the board, prevention of data loss, and other software-defined systems administration arrangements are relied upon to essentially further develop the software-defined safety market. Likewise expected to drive the SDSec market are raising worries among organizations about the security of virtualized networks and expanding interest for unstructured data the board. By and by, because of an absence of industry guidelines, numerous organizations go against the utilization of software-defined security as would be considered normal to hinder market advancement. The absence of specialized information is additionally expected to hamper the growth of the software-defined security industry. Industry guidelines are regularly unstable, as numerous organizations try not to utilize software-defined encryption to safeguard their data. Software defined assurance is as yet in its initial stage and numerous associations are new to its utilization and advantages which are relied upon to assemble open doors for SDSec market growth.
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Segmentation:
The market for software defined security is broadly segmented on the basis of component, enforcement point, deployment mode, end-user, and region
Based on the component, the market is segmented into solutions and services.
Based on the enforcement point, the market is segmented into application and mobile device security, server security, network security gateways, and others.
Based on the deployment mode, the market is segmented into cloud and on-premise.
Based on the end-user, the market is segmented into telecom service providers, cloud service providers and enterprises.
Regional analysis
The global Software-Defined Security market geographic overview was conducted in four major regions including North America, Europe, Asia Pacific , and the rest of the world.
North America ‘s market dominance in this field is based on the substantial growth of the technological aspects. There, people and organisations are willing to accept and adopt the latest innovations in the work community. Consequently, software-defined security is witnessing significant development. Benefiting from the dominance of infrastructures, the region reports the proliferation of the sector across the vertical industry. The region can also boast a strong presence of many corporate giants that make up the continental economy, and leave indelible marks on the global market. Europe follows closely the trend in North America. A growing understanding of its potential advantages for this area is driving demand forward. Throughout time of forecasting. The fastest CAGR is expected to be at APAC. Countries such as India and China have begun implementing the technology with their significant industrial growth, ensuring a substantial rise in the regional market. Moreover, many companies are based on this region, which can serve as a software-defined booster for the safety industry.
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