Worldwide Software Defined Perimeter Industry to 2025 - Partnerships, Collaborations and Agreements
DUBLIN, July 28, 2020 /PRNewswire/ -- The "Global Software Defined Perimeter Market, by Component, by Connectivity, by Organization Size, by Deployment Type, by Region, Industry Analysis and Forecast, 2019 - 2025" report has been added to ResearchAndMarkets.com's offering.
The Global Software Defined Perimeter Market size is expected to reach $10.7 billion by 2025, rising at a market growth of 23.7% CAGR during the forecast period. The growing adoption of cloud technology, a need for flexible and programmable security architecture, and strict data compliance regulations and requirements are expected to drive growth of this market. Software Defined Perimeter (SDP) is a security-based approach that reduces network-based attacks. In this sense, a perimeter is dynamically established on the network to secure data present in the cloud, the demilitarized zone and the data centers. The advent of the Internet of Things (IoT) and the changing patterns of Bring Your Own Device (BYOD) are expected to further accelerate growth.
The major strategies followed by the market participants are Acquisitions. Based on the Analysis presented in the Cardinal matrix, Intel Corporation, Verizon Communications, Inc., and Cisco Systems, Inc. are some of the forerunners in the Software Defined Perimeter Market. Companies such as Palo Alto Networks, Inc., Check Point Software Technologies Ltd., and Akamai Technologies, Inc., NortonLifeLock, Inc., Fortinet, Inc., Dell Technologies, Inc., Pulse Secure, LLC are some of the key innovators in Software Defined Perimeter Market.
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., Palo Alto Networks, Inc., Dell Technologies, Inc., Akamai Technologies, Inc., Fortinet, Inc., Verizon Communications, Inc., Intel Corporation, NortonLifeLock, Inc., Check Point Software Technologies Ltd., and Pulse Secure, LLC.
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