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The Software Defined Perimeter (SDP) industry is changing due to network safety threats and the growing need for secure data access. The "Zero Trust" security paradigm of SDP secures and controls access to organizations, applications, and information. Associations' growing awareness of conventional security limits is a significant market factor affecting the SDP industry. Heritage perimeter-based security methods have failed even with sophisticated digital threats, prompting further efforts to adopt SDP arrangements.
Rapid use of distributed computing and mobile phones have exacerbated safety concerns. SDP uses the norm of least honor to ensure customers only approach the assets they require for their tasks. This reduces the attack surface and unauthorised access, improving security. Thus, organizations in finance, medicine, and government are increasingly seeing the value of SDP in preserving their core resources.
The growing integration of AI and ML in SDP structures is another important industry factor. These innovative technologies improve risk detection and response. Simulated intelligence and ML computations may identify possible security breaches by analyzing customer behavior and identifying patterns, allowing companies to proactively address risks. This collaboration strengthens security and boosts SDP productivity by automating risk mitigation.
A growing number of merchants selling separate SDP goods to incorporated security stages describes the competitive SDP industry. This competition is encouraging innovation and forcing sellers to provide extras like multi-cloud support, adaptability, and easy integration with current foundations. As associations seek comprehensive security, suppliers are expanding their offerings to meet a wider variety of network safety demands.
Another key SDP market factor is interoperability. SDP solutions that seamlessly integrate with current infrastructure are in demand as companies combine on-premises and cloud-based solutions. SDP vendors are increasingly differentiated by their ability to provide a cohesive and powerful security system under various scenarios. This emphasis on interoperability ensures associations to conduct SDP without disrupting their operations.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Segment Outlook | Deployment, Enterprise Type, and Region |
Software Defined Perimeter Market Highlights:
Software Defined Perimeter Market Overview
The Software Defined Perimeter Market size is projected to grow from USD 11.63 Billion in 2023 to USD 29.3 Billion by 2032, exhibiting a compound yearly growth rate (CAGR) of 12.24% during the forecast period (2024 - 2032). Additionally, the market size for software defined perimeter was valued at USD 10.2 Billion in 2023.
Increased demand for software-defined perimeter and advancement in cloud technology, and widening applications of SDP are the key market drivers encouraging the growth of market.
Figure 1: Software Defined Perimeter Market Size, 2023-2032 (USD Billion)
Source: The Secondary Research, Primary Research, MRFR Database and Analyst Review
Software Defined Perimeter Market Trends
Growing demand for software-defined perimeter is driving the market growth
Market CAGR for software-defined perimeter is being driven by the rising demand for software-defined perimeter. The shift to remote working, coupled with a rising emphasis on preventing security breaches, is foreseen to boost market growth. The advancement in cloud technology and broadening applications of software-defined perimeter is fueling the growth of the market globally. The digitalization trend has played a crucial role in redefining the online security sphere.
Software-defined perimeter is attaining considerable traction across industries and institutions, inclusive of manufacturing, healthcare, IT & telecom, government and education. The rising shift towards digital solutions and technologies, security and authentication of sensitive and important data are the factors boosting the market growth eventually. SDP allows IT managers to efficiently integrate gateway access either on the cloud or on-premise; protecting the remote access to different solutions plays a main role in avoiding several types of network attacks like Server Query, DDoS, Advanced Persistent Threats and others. The emergence of novel software-defined perimeter solutions, increasing investments towards the development of cutting-edge software-defined perimeter solutions and surging focus on enhancing the existing digital security framework and infrastructure majorly in the BFSI sector. The software-driven SDP has attained immense traction in the past years in order to prevent a broad spectrum of network-based attacks and server vulnerabilities.
The key market players in the current software-defined perimeter market are intensively working towards enhancing the efficiency of their SDP solutions in order to prevent security breaches. The adoption of SDP is increasing, as it is compatible with a range of devices, inclusive of personal computers, laptops, cell phones and other devices connected to the Internet of Things. Some of the popular integration models that are currently available throughout the SDP market globally include client-to-service deployment, client-to-gateway deployment, and server-to-server deployment, among others. The rising focus on improving IoT security in different industrial sectors is the factor boosting the growth of the market globally. Thus, driving the Software Defined Perimeter market revenue.
Software Defined Perimeter Market Segment Insights
Software Defined Perimeter Deployment Insights
The global Software Defined Perimeter market segmentation, based on deployment, includes Cloud and On-Premise. The cloud segment dominates the market, accounting for the largest market revenue; SDP cloud deployment is becoming more famous throughout the world as most organizations move their IT infrastructure to the cloud. It enables businesses to minimize costs, fasten the deployments, easy file sharing and collaborate efficiently without the requirement of an integrated location. The integration over the cloud includes generating a virtualized network environment that can be assessed remotely over the internet securely. It helps organizations to minimize their IT infrastructure cost.
Software Defined Perimeter Enterprise Type Insights
The global Software Defined Perimeter market segmentation, based on enterprise type, includes SMEs and Large Enterprises. The large enterprise segment dominates the market because they are the early adopter of this solution owing to the complex and isolated network environment in order to protect digital assets from cyber threats. Further, the adoption of these solutions by small and medium-size enterprises is significantly rising, as these organizations are now beginning to recognize the benefits of SDP, like enhanced security, minimized complexity, and grown agility.
Figure 2: Software Defined Perimeter Market by Enterprise Type, 2022 & 2032 (USD Billion)
Source: The Secondary Research, Primary Research, MRFR Database and Analyst Review
Software Defined Perimeter Regional Insights
By region, the study gives market insights into theNorth America, Europe, Asia-Pacific and the Rest of the World. The Asia Pacific Software Defined Perimeter market area dominates the market as the organizations in this region are adopting SAD solutions to enhance security, minimize complexity and grow agility. Further, the presence of key market participants and increased investment by them and the government authorities is boosting the growth of market in the region.
Further, the prime countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, Japan, India, China, Australia, South Korea, and Brazil.
Figure 3: SOFTWARE DEFINED PERIMETER MARKET SHARE BY REGION 2022 (USD Billion)
Source: The Secondary Research, Primary Research, MRFR Database and Analyst Review
North American, Software Defined Perimeter market accounts for the second-largest market revenue due to the rising adoption of cloud technology and remote work, which has raised the demand for software-defined perimeter throughout the region. Further, the US Software Defined Perimeter market held the largest market share, and the Canadian Software Defined Perimeter market was the fastest-growing market in the European region.
The Europe Software Defined Perimeter Market is expected to grow at the rapid CAGR from 2023 to 2032. This is due to the surging adoption of cloud services an increase in data generation in financial and banking services, manufacturing, government and other sectors in this region. Moreover, the UK Software Defined Perimeter market held the largest market share, and the German Software Defined Perimeter market was the fastest-growing market in the Asia-Pacific region.
Software Defined Perimeter Key Market Players & Competitive Insights
Leading market players are investing hugely in research and development in order to expand their product lines, which will help the Software Defined Perimeter market grow even more. Market players are also undertaking a variety of strategic activities to spread their global footprint, with important market developments including new product launches, mergers and acquisitions, higher investments, contractual agreements, and collaboration with other organizations. To spread and survive in a more competitive and rising market climate, the Software Defined Perimeter industry must offer cost-effective items.
Manufacturing locally to reduce the operational costs is one of the key business tactics utilized by the manufacturers in the global Software Defined Perimeter industry to benefit clients and increase the market sector. In recent years, the Software Defined Perimeter industry has offered some of the most significant advantages to data security. Major players in the Software Defined Perimeter market, including InstaSafe Technology Pvt Ltd., AppGate, Perimeter 81, Cisco Systems Inc, Wipro Ltd, Intel Corporation, Check Point Software Technologies Ltd., Symantec Corporation, Cryptzone Noerth America Inc., Intel Corporation, VeloCloud Networks Inc., and others, are trying to increase market demand by investing in research and development operations.
AppGate, established in the year 2002, offers a set of differentiated cloud and hybrid-ready security and analytics products and services. The company also offers a software-defined perimeter solution, like a total fraud protection suite of risk-based authentication and digital threat protection abilities. In February 2022, AppGate, which is a software-defined perimeter supplier controlling access to IT platforms, announced that the company had extended its SDP solution support for Kubernetes clusters in order to create a zero-trust IT environment. This focuses on enabling an IT team to employ a single framework in order to enforce a standard set of security policies throughout the legacy monolithic environments and the cloud-native applications which are being integrated at a rapid rate in the production environments.
InstaSafe Technology Pvt Ltd, founded in the year 2012, fabricates and develops software solutions. The company provides cloud-based security as a service solution for remote and mobile workers, enabling them to access e-mail and web applications. The company allows the team to start with zero trust, and then offers connectivity based on context and offers a means of application access without network access and the capability to mask applications from the open internet. In January 2023, a Bangalore-based security service supplier announced the expansion of its product base throughout India and SARC by partnering with iValue InfoSolutions, which is a technology services and solutions aggregator throughout India and South-East Asia. Both companies are working to promote software-defined perimeter (SDP) based zero trust security solutions for addressing cloud security, remote access, and identity management throughout the Indian subcontinent.
Key Companies in the Software Defined Perimeter market include
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InstaSafe Technology Pvt Ltd.
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AppGate
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Perimeter 81
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Cisco Systems, Inc
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Wipro Ltd
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Intel Corporation
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Check Point Software Technologies Ltd.
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Symantec Corporation
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Cryptzone Noerth America Inc.
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Intel Corporation
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VeloCloud Networks Inc.
Software Defined Perimeter Industry Developments
Johnson Controls announced its acquisition of Tempered Networks in June 2022 in order to introduce zero-trust cybersecurity to smart buildings. Using software-defined perimeters, Tempered networks allow secure communications that facilitate micro-segmentation of building networks and fine-grained access control and authentication, which secures vital data and services. It has designed ‘Airwall’ technology, which is an advanced self-protection system for buildings, allowing safe network access across multiple classes of endpoint devices, edge gateways, cloud platforms, and service technicians.
Additionally, the Cloud Security Alliance (CSA) released the software-defined perimeter (SDP) 2.0 specification authored by its SDP Working Group and Zero Trust Working Group in April 2022. SDP 2.0 specification aims to assist security and technology organizations in understanding the fundamental tenets underpinning the implementation of an SDP. It highlights connections between initiatives such as cloud-native architectures, service-mesh implementations, and a broader move towards zero trust.
In January 2023, InstaSafe—a company providing security services based in Bangalore—declared that it had expanded its product range throughout India and SAARC by joining hands with iValue InfoSolutions – a technology services and solutions aggregator spanning across India as well as Southeast Asia. To address the identity management and remote access issues in cloud security, both companies work together to enable software-defined perimeters (SDPs) based on zero-trust security solutions within India.
McAfee announced that it was going private via a $14bn-plus buyout by an investor group as of November 2021.McAfee has said that after disposing off its enterprise division to Symphony Technology Group, it would remain strictly a consumer cyber safety company.
Appgate extended its SDP solution support for Kubernetes clusters, enabling a zero-trust IT environment according to their announcement made in February of last year. This should allow IT teams to use one framework to enforce standard sets of security policies to both legacy monoliths and cloud-native applications deployed more quickly into a production environment.
Software Defined Perimeter Market Segmentation
Software Defined Perimeter Deployment Outlook
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Cloud
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On-Premise
Software Defined Perimeter Enterprise Type Outlook
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SMEs
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Large Enterprises
Software Defined Perimeter Regional Outlook
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North America
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US
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Canada
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Europe
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Germany
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France
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UK
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Italy
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Spain
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Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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Australia
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South Korea
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Australia
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Rest of Asia-Pacific
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Rest of the World
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Middle East
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Africa
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Latin America
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