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The global software defined perimeter market attained a value of around USD 5.77 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of almost 33.8% to reach USD 79.42 billion by 2032.
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The global software defined perimeter industry is being driven by the growing instances of cybercrime and cyber-attack across the world, resulting in the increased demand for cybersecurity. SDP acts as an organisation’s virtual perimeter that restricts any unauthentic access to enterprise applications, thus, providing enhanced security.
A software defined perimeter is an approach to computer security, which creates one-to-one network connections between the user and the device.
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The global software defined perimeter industry can be divided based on segments like enforcement points, components, deployment modes, organisations, end-uses, and regions.
The EMR report looks into the regional software defined perimeter markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Organisations across the world are continuously adopting enhanced cyber security measures to protect their data from cyber-attacks. The major factors driving the growth of the global software defined perimeter industry are the growing demand for policy driven and programmable security framework, the growing consumer preference for cloud-based applications, and the enhanced regulation and compliance requirements in various organisations to fight cyber-related threats. The rising demand for cost-effective solutions is aiding the growth of cloud-based services, further fulfilling the security needs of the ever-growing IT sector. The increased government initiatives and advancement in technology is further supporting the industry growth.
The end point segment, among other enforcement point types, accounts for the largest share in the market and is further anticipated to grow at the fastest rate in the forecast period. Further, due to the increasing demand for cloud deployment mode, the segment is anticipated to account for a significant share in the global industry.
However, the lack of awareness regarding cybersecurity coupled with the reduced IT standards across the industries may restrain the growth of the global software defined perimeter market in the forecast period.
The report presents a detailed analysis of the following key players in the global software defined perimeter industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Enforcement Point |
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| Breakup by Component |
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| Breakup by Deployment Mode |
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| Breakup by Organisation |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global software defined perimeter market attained a value of nearly USD 5.77 billion.
The market is projected to grow at a CAGR of 33.8% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 79.42 billion by 2032.
The major market drivers include the growing incidences of cybercrime and cyber-attack and the increasing demand for policy-driven and programmable security framework.
The key trends guiding the market development include the introduction of favourable government initiatives aimed at boosting cybersecurity, the increasing deployment of cloud computing, and technological advancements and innovations.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading enforcement points of the product in the market include controller, gateway, and end point.
The significant components of software defined perimeter in the market are solutions and services.
The major deployment modes of the product in the market are cloud and on-premises.
The various organisations considered in the market report include large enterprises and small and medium enterprises.
The major end uses of the product are telecom service providers, cloud service providers, information technology enabled services, defence, banking, financial services, and insurance, media and entertainment, government, education, and healthcare, among others.
The major players in the market are Check Point Software Technologies Ltd., Intel Corporation, Fortinet, Inc., Juniper Networks, Inc., and Palo Alto Networks, Inc., among others.
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