Global Software-defined Perimeter (SDP) Market 2019-2023

The Software-defined Perimeter (SDP) market size will grow by USD 6.71 billion during 2019-2023. This report offers an analysis of the market based on deployment (on-premises and cloud-based) and geography (the Americas, APAC, and EMEA). The SDP market research report further analyzes the market’s competitive landscape and offers information on several companies including Check Point Software Technologies, Cisco Systems, Dell Technologies, Intel, and Symantec.

Below are some of the key findings from the SDP market research report

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Global SDP industry overview

The alarming rise in network attacks by hackers and cybercriminals is resulting in the need for SDP. Various organizations and enterprises have recently faced cyber-attacks like DDoS, man-in-the-middle, and APTs. SDP supports enterprises in blocking malicious traffic. It also automates the blocking process, stopping traffic immediately and preventing it from reaching applications and services. Therefore, the rise in network attacks will accelerate the demand for SDP and thus, propel the SDP market growth.

The use of SDP with blockchain for improving automotive cybersecurity is one of the critical emerging SDP market trends. Autonomous vehicles are dependent on connected software for operation, making them more vulnerable to cyber-attacks. Blockchain technology will help in securing the messages that carry the status of sensors and private encryption keys, whereas SDP will provide secure internet and in-vehicle links. The benefits offered by this integration is encouraging vendors to make strategic alliances for incorporating blockchain technology with SDP. The SDP market forecast report predicts that fueled by these factors, the market will grow at a CAGR of over 34% during the forecast period.

Top SDP companies covered in this market research report

The SDP market is moderately fragmented and is open to opportunities. To gain higher SDP market share, the vendors are focusing heavily on integrating advanced technologies like blockchain to offer advanced solutions to the consumers. By providing a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this SDP industry analysis report is designed to aid clients to identify new growth strategies.

The report offers a complete analysis of various companies including:

• Check Point Software Technologies
• Cisco Systems
• Dell Technologies
• Intel
• Symantec

SDP market segmentation based on geographic regions

• Americas
• APAC
• EMEA

Global SDP market analysis reveals that the Americas will lead the SDP market share during the forecast period. However, the APAC region will account for the highest SDP market growth during the same period.

SDP market segmentation based on deployment

• On-premises
• Cloud-based

The on-premises SDP deployment segment will continue to lead the SDP market share during the forecast period. However, its lead will reduce considerably, as cloud-based deployment will register substantial SDG market growth. Additionally, the report will also provide an accurate prediction of the contribution of the various deployment types to the growth of the SDP market size.

Key highlights of the global SDP market for the forecast years 2019-2023:

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will accelerate the growth of the SDP market during the next five years
• Precise estimation of the global SDP market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the SDP industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of the SDP companies

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