Global Micro Segmentation Technology Market Overview:
Micro-segmentation technology is a means of isolating and securing workloads in data centres and cloud environments by dividing them into zones. Micro-segmentation has the advantage of integrating security directly into a virtualized workload without the need for a hardware-based firewall. Microsegmentation is critical for fine-tuning network security and increasing safety. The strategy entails the development of safe zones in data centres and cloud deployments, allowing businesses to separate and safeguard individual workloads. Increased need for integrated data protection and workload isolation, as well as growing knowledge of the benefits of micro-segmentation technology, such as decreased attack surface, increased lateral movement security, secured vital applications, and improved regulatory compliance posture, are all driving market expansion. Organizations will be able to obtain improved infrastructure insight and secure vital applications with the use of micro segmentation technologies. It also aids in the prevention of uniform security across all platforms by providing process-level granularity, which helps match security policies with application logic. Furthermore, it allows for consistent security policies to be established in both the data centre and the cloud. Furthermore, the micro-segmentation technology market is likely to benefit from an increase in cloud computing adoption as well as tight data security requirements and regulations around the world.
As per latest study released by AMA Research, the Global Micro Segmentation Technology market is expected to see growth rate of 24.9%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increase in Adoption of Cloud Computing
Market Growth Drivers:
Rise in Demand for Integrated Data Protection and Workload Isolation and Growing Cyber-Attacks Across the Globe
Challenges:
Complex Configuration and Lack of Skilled Professionals
Restraints:
High Cost of Advanced Security Solutions and Cyber Security Concern
Opportunities:
Stringent Security Laws and Regulations and Increased Investment by Companies on IT
Competitive Landscape:
The market is highly competitive with several local and global players present in the market. The major players are trying various new technologies and marketing techniques to gain competitive advantages.
Some of the key players profiled in the report are ColorTokens (United States), Vmware(United States), Cisco (United States), Unisys (United States), Varmour(United States), Juniper Networks (United States), OPAQ Networks (United States), Nutanix (United States), Dell Technologies Inc. and ExtraHop(United States). Additionally, following companies can also be profiled that are part of our coverage like Cloudvisory (United States), GuardiCore (Israel) and Bracket Computing (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Micro Segmentation Technology market by 2030. Considering Market by Deployment Mode, the sub-segment i.e. On-Premise will boost the Micro Segmentation Technology market. Considering Market by End-User Industry, the sub-segment i.e. IT & Telecom will boost the Micro Segmentation Technology market. Considering Market by Software/Service Type, the sub-segment i.e. Software will boost the Micro Segmentation Technology market. Considering Market by Security Type, the sub-segment i.e. Network Security will boost the Micro Segmentation Technology market.
Latest Market Insights:
In October 2021, Akamai Technologies, Inc. the world's most trusted solution to power and protect digital experiences, today announced the company has completed its acquisition of Guardicore of Tel Aviv, Israel.
In March 2021 – Color Tokens Incannouncedthat it has signed a partnership agreement with AssureAPM, a Scottish IT cybersecurity and performance monitoring solutions company.
What Can be Explored with the Micro Segmentation Technology Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Micro Segmentation Technology Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Micro Segmentation Technology
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Micro Segmentation Technology market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Micro Segmentation Technology market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Service providers and distributors, EnterpriseMicro Segmentation Technology builders, Independent Software Vendors (ISVs), Analytics consulting companies, Enterprises and End-users.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.