The global software defined perimeter market is being driven by the growing use of cloud technologies, the need for scalable and programmable security infrastructure, and stringent regulations and standards for data compliance. The growth of the Asia Pacific software defined perimeter market is projected to be the fastest in the forecast period. The region is a base for major telecommunications, e-commerce, retail, as well as other providers. The region also has a large number of start-ups. Over the coming years, these start-ups are expected to implement cloud-based solutions. In addition, there is an increasing need to secure data, strict regulations, and changing BYOD patterns over the forecast period. Due to the adoption of broad software defined perimeters, enterprises deliver high performance, productivity, and prevent data insecurity over the heavy-traffic grid. North America had the largest market share in the industry in 2019.
In January 2020, Check Point Software Technologies Ltd. (NASDAQ: CHKP), a global leader in cybersecurity solutions, unveiled the Fast Track Network Security, a new product series that offers unparalleled safety, scalability, and ease of delivery as well as control for businesses from branches to corporate data centres. Such innovations within the industry are expected to propel the growth of the market in the coming years.
Market Analysis by Enforcement Point, Component, Deployment Mode, Organization, End Use, and Region:
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The major key players in the global software defined perimeter market include companies like Check Point Software Technologies Ltd., Cisco Systems, Inc., Intel Corporation, Symantec Corporation, RSA LLC, Fortinet, Inc., Juniper Networks, Inc., Palo Alto Networks, Inc., Certes Networks, Inc., and Catbird Networks, Inc., among others. The comprehensive report covers their market share, capacity, and latest developments like mergers and acquisitions and capacity expansions.
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