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Micro-segmentation Solutions Market by Product and Geography - Forecast and Analysis 2022-2026

  • Published: Jun 2022
  • Pages: 140
  • SKU: IRTNTR40750
Technavio

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The micro-segmentation solutions market share is expected to increase to USD 3.61 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 28.04%.

This micro-segmentation solutions market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers micro-segmentation solutions market segmentation by product (services and software) and geography (North America, Europe, APAC, South America, and Middle East and Africa). The micro-segmentation solutions market report also offers information on several market vendors, including AlgoSec Inc., Arista Networks Inc., August Schell, Cisco Systems Inc., Cloudvisory LLC, ColorTokens Inc., Dell International Services India Pvt. Ltd., ExtraHop Networks Inc., Extreme Networks Inc., FireEye Inc., Fortinet Inc., Guardicore Ltd., Hewlett Packard Enterprise Co., Huawei technologies Co. Ltd., Illumioa Inc., Juniper Networks Inc., Nutanix Inc., Unisys Corp., Varmour Networks Inc., and VMware Inc. among others.

What will the Micro-segmentation Solutions Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Micro-segmentation Solutions Market Size for the Forecast Period and Other Important Statistics

 

Micro-segmentation Solutions Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The rising number of cyberattacks on connected devices or systems is notably driving the micro-segmentation solutions market growth, although factors such as interoperability issues associated with micro-segmentation solutions may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the micro-segmentation solutions industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Micro-segmentation Solutions Market Driver

  • One of the key factors driving the global micro-segmentation solutions industry growth is the rising number of cyberattacks on connected devices or systems.
  • Cybercriminals carry out cyberattacks on network-connected devices or systems to destroy, alter, or steal data.
  • The main types of cyberattacks are distributed denial-of-service (DDoS) attacks, malware attacks, and password attacks.
  • Malware attacks such as ransomware, spyware, rootkit, riskware, trojans, worms, and viruses can cause huge losses to businesses.
  • In March 2018, a data breach occurred at the data center of NortonLifeLock Inc. (NordVPN).
  • The rising number of cyberattacks is compelling companies to enhance their security systems. Therefore, Technavio expects that the rising number of cyberattacks will have a positive influence on the growth of the global micro-segmentation solutions market during the forecast period.

Key Micro-segmentation Solutions Market Trend

  • Stringent security rules and regulations to secure customer data is one of the key micro-segmentation solutions market trends that is expected to impact the industry positively in the forecast period. 
  • The stringent rules and regulations implemented to enhance the security of network-connected devices and systems are driving the demand for micro-segmentation solutions among enterprises.
  • Governments across the world enforce several regulations to secure data.
  • Micro-segmentation solutions protect sensitive data within rapidly changing hybrid cloud environments.
  • A micro-segmentation solution divides a network into different workloads and provides security to each workload depending on the capabilities and importance of each workload.
  • The key companies are utilizing micro-segmentation solutions to secure their data centers and VMs.
  • Technavio expects that the implementation of such stringent rules and regulations will have a positive influence on the growth of the global micro-segmentation solutions market during the forecast period.

Key Micro-segmentation Solutions Market Challenge

  • One of the key challenges to the global micro-segmentation solutions industry growth is the interoperability issues associated with micro-segmentation solutions.
  • Interoperability is the ability of a system where several micro-segmentation solutions interact with multiple IT platforms and devices to provide advanced network security solutions.
  • Facilitating interoperability between systems and security controls and integrating physical networks and security devices are important to enhance the security of a network.
  • The occurrence of interoperability issues in a system makes increases the vulnerability of the system, which may lead to security breaches in an organization.
  • To avoid the issue of interoperability, vendors need to provide regular upgrades in the form of patches for micro-segmentation solutions and stay compliant with the evolving regulations.
  • The upgrades and software patches also lead to integration issues. Thus, the interoperability issues associated with micro-segmentation solutions are expected to limit the growth of the market during the forecast period.

This micro-segmentation solutions market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global micro-segmentation solutions market as a part of the global systems software market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the micro-segmentation solutions market during the forecast period.

Who are the Major Micro-segmentation Solutions Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • AlgoSec Inc.
  • Arista Networks Inc.
  • August Schell
  • Cisco Systems Inc.
  • Cloudvisory LLC
  • ColorTokens Inc.
  • Dell International Services India Pvt. Ltd.
  • ExtraHop Networks Inc.
  • Extreme Networks Inc.
  • FireEye Inc.
  • Fortinet Inc.
  • Guardicore Ltd.
  • Hewlett Packard Enterprise Co.
  • Huawei technologies Co. Ltd.
  • Illumioa Inc.
  • Juniper Networks Inc.
  • Nutanix Inc.
  • Unisys Corp.
  • Varmour Networks Inc.
  • VMware Inc.

 

This statistical study of the micro-segmentation solutions market encompasses successful business strategies deployed by the key vendors. The micro-segmentation solutions market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Dell Technologies Inc. - The company offers micro-segmentation solutions that includes network firewalls, next-generation firewalls, database firewalls, cloud firewalls, web application firewalls, and Container firewalls which help in creating zones in data centers and cloud environments to isolate workloads from one another and secure them.
  • Cisco Systems Inc. - The company offers a Cisco ACI solution that provides automation, agility, security, analytics, and micro-segmentation capabilities along with an AP-driven solution. The micro-segmentation enables the creation of logical security zones and provides support for virtual end-points attached to Cisco Application Virtual Switch (AVS) and for Microsoft vSwitch using the OpFlex protocol.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The micro-segmentation solutions market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Micro-segmentation Solutions Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the micro-segmentation solutions market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Micro-segmentation Solutions Market?

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43% of the market’s growth will originate from North America during the forecast period. The US is the key market for micro-segmentation solutions in North America. Market growth in this region will be faster than the growth of the market in Europe, South America, and MEA.

The significant increase in the investment in IT security owing to rising security concerns of enterprises across industries in the US and Canada will facilitate the market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the micro-segmentation solutions market in North America faced minimal setbacks due to the COVID-19 pandemic. In the first half of 2020, most end-users halted their operations, and businesses opted for remote working models. Shifting to remote working models requires extensive cybersecurity, as endpoint network security is at risk or vulnerable. With remote working conditions expected to continue for several businesses in 2021, the demand for micro-segmentation solutions is expected to increase during the forecast period. 

What are the Revenue-generating Product Segments in the Micro-segmentation Solutions Market?

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The micro-segmentation solutions market share growth by the services segment will be significant during the forecast period. The growth is attributed to the growing investments of enterprises in managed and professional services to enhance their security controls.

This report provides an accurate prediction of the contribution of all the segments to the growth of the micro-segmentation solutions market size and actionable market insights on post COVID-19 impact on each segment.

 

Micro-segmentation Solutions Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 28.04%

Market growth 2022-2026

$ 3.61 billion

Market structure

Fragmented

YoY growth (%)

27.22

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 43%

Key consumer countries

US, China, Japan, UK, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

AlgoSec Inc., Arista Networks Inc., August Schell, Cisco Systems Inc., Cloudvisory LLC, ColorTokens Inc., Dell International Services India Pvt. Ltd., ExtraHop Networks Inc., Extreme Networks Inc., FireEye Inc., Fortinet Inc., Guardicore Ltd., Hewlett Packard Enterprise Co., Huawei technologies Co. Ltd., Illumioa Inc., Juniper Networks Inc., Nutanix Inc., Unisys Corp., Varmour Networks Inc., and VMware Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Micro-segmentation Solutions Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive micro-segmentation solutions market growth during the next five years
  • Precise estimation of the micro-segmentation solutions market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the micro-segmentation solutions industry across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of micro-segmentation solutions market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Product

    • 5.1 Market segments
      • Exhibit 24: Chart on Product - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
    • 5.2 Comparison by Product
      • Exhibit 26: Chart on Comparison by Product
      • Exhibit 27: Data Table on Comparison by Product
    • 5.3 Services - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Services - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Services - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Services - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Services - Year-over-year growth 2021-2026 (%)
    • 5.4 Software - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Software - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Software - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Software - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Software - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Product
      • Exhibit 36: Market opportunity by Product ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 UK - Market size and forecast 2021-2026
      • Exhibit 66: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 China - Market size and forecast 2021-2026
      • Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.12 Japan - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 AlgoSec Inc.
              • Exhibit 89: AlgoSec Inc. - Overview
              • Exhibit 90: AlgoSec Inc. - Product / Service
              • Exhibit 91: AlgoSec Inc. - Key offerings
            • 10.4 Arista Networks Inc.
              • Exhibit 92: Arista Networks Inc. - Overview
              • Exhibit 93: Arista Networks Inc. - Product / Service
              • Exhibit 94: Arista Networks Inc. - Key offerings
            • 10.5 August Schell
              • Exhibit 95: August Schell - Overview
              • Exhibit 96: August Schell - Product / Service
              • Exhibit 97: August Schell - Key offerings
            • 10.6 Cisco Systems Inc.
              • Exhibit 98: Cisco Systems Inc. - Overview
              • Exhibit 99: Cisco Systems Inc. - Business segments
              • Exhibit 100: Cisco Systems Inc. - Key news
              • Exhibit 101: Cisco Systems Inc. - Key offerings
              • Exhibit 102: Cisco Systems Inc. - Segment focus
            • 10.7 ColorTokens Inc.
              • Exhibit 103: ColorTokens Inc. - Overview
              • Exhibit 104: ColorTokens Inc. - Key offerings
            • 10.8 Dell International Services India Pvt. Ltd.
              • Exhibit 105: Dell International Services India Pvt. Ltd. - Overview
              • Exhibit 106: Dell International Services India Pvt. Ltd. - Product / Service
              • Exhibit 107: Dell International Services India Pvt. Ltd. - Key offerings
            • 10.9 ExtraHop Networks Inc.
              • Exhibit 108: ExtraHop Networks Inc. - Overview
              • Exhibit 109: ExtraHop Networks Inc. - Product / Service
              • Exhibit 110: ExtraHop Networks Inc. - Key news
              • Exhibit 111: ExtraHop Networks Inc. - Key offerings
            • 10.10 Extreme Networks Inc.
              • Exhibit 112: Extreme Networks Inc. - Overview
              • Exhibit 113: Extreme Networks Inc. - Business segments
              • Exhibit 114: Extreme Networks Inc. - Key offerings
              • Exhibit 115: Extreme Networks Inc. - Segment focus
            • 10.11 FireEye Inc.
              • Exhibit 116: FireEye Inc. - Overview
              • Exhibit 117: FireEye Inc. - Business segments
              • Exhibit 118: FireEye Inc. - Key offerings
              • Exhibit 119: FireEye Inc. - Segment focus
            • 10.12 Fortinet Inc.
              • Exhibit 120: Fortinet Inc. - Overview
              • Exhibit 121: Fortinet Inc. - Product / Service
              • Exhibit 122: Fortinet Inc. - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 123: Inclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 124: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 125: Research methodology
                • Exhibit 126: Validation techniques employed for market sizing
                • Exhibit 127: Information sources
              • 11.5 List of abbreviations
                • Exhibit 128: List of abbreviations
              • The growing adoption of cloud services and the increasing volumes of data in data centers are compelling enterprises to enhance their security systems by deploying advanced security policies. Thus, to provide security policies to each workload as per the priorities, enterprises are adopting micro-segmentation solutions.

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                TechnavioINFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases
                Technavio

                TechnavioDATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts
                Technavio

                TechnavioREPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape
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                The micro-segmentation solutions market market growth will increase by $$ 3.61 billion during 2023-2026.
                The micro-segmentation solutions market market is expected to grow at a CAGR of 28.04% during 2023-2026.
                Technavio has segmented the micro-segmentation solutions market market by product (Services and Software) ,geography (North America, Europe, APAC, South America, and Middle East and Africa) , and geographic (North America, Europe, APAC, South America, and MEA).
                AlgoSec Inc., Arista Networks Inc., August Schell, Cisco Systems Inc., Cloudvisory LLC, ColorTokens Inc., Dell International Services India Pvt. Ltd., ExtraHop Networks Inc., Extreme Networks Inc., FireEye Inc., Fortinet Inc., Guardicore Ltd., Hewlett Packard Enterprise Co., Huawei technologies Co. Ltd., Illumioa Inc., Juniper Networks Inc., Nutanix Inc., Unisys Corp., Varmour Networks Inc., VMware Inc. are a few of the key vendors in the micro-segmentation solutions market market.
                North America will register the highest growth rate of 43% among the other regions. Therefore, the micro-segmentation solutions market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
                The key factors driving the micro-segmentation solutions market market growth are:
                • Rising number of cyberattacks on connected devices or systems
                • Fundraising through crowdfunding platforms
                The micro-segmentation solutions market market vendors should focus on grabbing business opportunities from the services segment as it accounted for the largest market share in the base year.
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