Title: Software Defined Perimeter Market - Forecast(2021 - 2026)
1Software Defined Perimeter Market
Forecast(2021 - 2026)Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Software Defined Perimeter Market size is
projected to reach US 25.60 billion by 2026 and
is estimated to grow at a CAGR of 36.5 during
the forecast period 2021-2026. With the
increasing penetration of connected devices,
advancements in Internet of Things (IoTs) and
massive adoption of cloud-based applications the
demand for Software Defined Perimeter market is
estimated to gain huge traction. The alarming
growth in the number of cyber-attacks such as
multi-vector Distributed Denial of Service
attacks (DDOS), Structured Query Language (SQL)
injection, Man in the middle attacks has resulted
in the growth of the market. The increasing
security breaches in BFSI sector has contributed
to the growth of strong regulation and compliance
requirements.
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Key Takeaways Security compliance and policy
management is analyzed to dominate the market
during 2021-2026. BFSI sector is estimated to be
the fastest-growing market during 201-2026 due to
exponential growth in cyber-attacks in the
financial sector. North America is estimated to
dominate the market with a CAGR of 11.56 during
2021-2026 owing to the early adoption of
stringent policies to protect IT assets.
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By Geography Segment Analysis By geography,
Software Defined Perimeter Market has been
segmented under North America, Europe, APAC,
South America, and RoW. North America dominated
the market acquiring a share of 25 in 2020 and
is estimated to hold the major market share with
a CAGR 11.56 during 2021-2026owing to early
adoption of highly regulated compliance
management to protect IT assets and high
investments towards secured IT infrastructure.
APAC is estimated to be the fastest-growing
market during the forecast period with a CAGR of
14.34 owing to the increasing transition towards
digitalization and massive adoption of
cloud-based applications.
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- Software Defined Perimeter MarketIndustry
Outlook - Cisco Systems Inc.,
- Intel Corporation,
- Symantec Corporation,
- Juniper Networks Inc.,
- Fortinet Inc.,
- Velo Cloud Networks Inc.,
- Viddu Inc.,
- Checkpoint Software Technologies Ltd,
- Palo Alto Networks Inc and RSA Security LLC
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Software Defined Perimeter Market
Forecast (2021 - 2026) Learn More About the
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