Software defined security is a kind of security model in which the information security in a computing environment is managed and controlled by a security software. Most of the security controls like detection of intrusions, segmentation of network and access control are automated and they are also monitored through security software. Software defined security is most of the time used in IT environments that use services of the cloud. Hence, every time a new device accesses the cloud environment, it is automatically covered and controlled by the software defined security protocol. Thus, the security system of the cloud is thoroughly automated and this results in less intervention from humans and reduces the scope for any unwanted activity. Software defined security systems are cost effective and simple as compared to conventional security models. With the increasing adoption of the cloud services and infrastructure, the market for software defined security is witnessing a healthy growth.
According to the assessment of Persistence Market Research, the global software defined security market is forecasted to reach a figure of about US$ 3,800 Mn in 2022 and is poised to exhibit a robust CAGR in the period of assessment.
North America Market Set to Dominate the Global Software Defined Security Market in Terms of Revenue
The market in North America is set to dominate the global software defined security market in terms of value and this trend is projected to sustain itself throughout the assessment period. North America software defined security market is the most attractive market, growing at a robust CAGR over the forecast period.
Software Platform Segment Slated to Touch a Value of About US$ 2,700 Mn in 2022
According to the projections of Persistence Market Research, the software platform segment is expected to reach a value of about US$ 2,700 Mn in the year 2022. This signifies a robust CAGR during the forecast period of 2017-2022. The software platform segment is estimated to account for more than three-fourths of the revenue share of the component type segment by the end of the year 2017 and is expected to lose in market share by 2022 over 2017.
Large Enterprise Segment to Exhibit a CAGR of Nearly 12% During the Assessment Period
According to the assessment of Persistence Market Research, the large enterprise segment is poised to touch a figure of about US$ 2,900 Mn in the year 2022. This signifies a CAGR of nearly 12% during the assessment period from 2017 till the year 2022. The large enterprise segment is estimated to account for nearly three-fourths of the revenue share of the end user segment by the end of the year 2017 and is projected to gain market share by 2022 over 2017.
The report also profiles companies that are expected to remain active in the expansion of global software defined security market through 2022, which include SAS Institute Inc., Symantec Corporation, EMC Corp., Hewlett Packard Enterprise Company, Cisco Systems, Inc., VMware, Inc., Intel Corp., Palo Alto Networks, Catbird and Fortinet.
Note: The insights mentioned here are of the respective analysts, and do not reflect the position of Persistence Market Research
Persistence Market Research delivers yet another unbiased, comprehensive and insightful report titled ‘Software Defined Security Market: Global Industry Analysis (2012-2016) and Forecast (2017-2022)’. In this report, the global software defined security market is explored in great detail, and the market dynamics of the global software defined security market has been covered comprehensively, explaining to the report readers the drivers, restraints and trends operating in this highly competitive market. Also, analysis of the data over different parameters has been done in order to arrive at market numbers concerning the global software defined security market. Besides, competition landscape of the global software defined security market is also covered in this report, giving information about the key companies operating in the global software defined security market.
In the first part of the report, the executive summary and the introduction are given. The executive summary gives a summary of the global software defined security market and gives the pertinent market numbers that are most significant, which include the historical CAGR growth from 2012 till 2016 and the forecasted CAGR from the year 2017 till the end of the forecast period in the year 2022. Information about lucrative markets from the point of view of leading revenue share and highest CAGR are also given in the executive summary.
In the introduction section, the software defined security market is defined in detail so that the report readers are clear about the scope of this market.
The next section of the report gives information on the key dynamics of the software defined security market. Key points covered in this section include the global economy, fiscal stimulus and bottom line of enterprises.
In the subsequent section of the report, information is given on the cost structure analysis and pricing analysis of the global software defined security market. An analysis on the market presence of key participants (intensity map) is also offered in this section.
The next part of the report consists of the global software defined security market analysis and forecast by component type, end user, application and region. This section of the report contains important market numbers in the form of year-on-year growth comparison, market share comparison and revenue comparison. The global software defined security market is also analyzed across key regions- North America, Latin America, Europe, Japan, APEJ and MEA.
The last section of the report contains the competition landscape, where leading market players operating in the global software defined security market are profiled in detail. This information is in the form of company overview, product overview, key financials and key developments pertaining to that particular company. The competition landscape also features the SWOT analysis of the selected companies, which gives the report readers information about the strengths, weaknesses, opportunities and the threats that such companies operating in the global software defined security market are facing. The competition landscape is an invaluable part of the report as it contains all the necessary information to study the leading companies operating in the global software defined security market and how they implement their strategies and vision to stay in the pole position in this highly competitive market.
Persistence Market Research leverages a proven and tested research methodology to determine the revenue estimations of the global software defined security market. In-depth secondary research is used to arrive at the overall market size and top industry players. A list of industry players (manufacturers), distributors, retailers, and industry experts is developed along with a comprehensive discussion guide for detailed and exhaustive primary interviews. Data thus obtained is validated using the triangulation method, where primary and secondary research along with Persistence Market Research analysis contribute to the final data. This data is then scrutinized using advanced tools to glean pertinent insights into the global software defined security market.