What is Microsegmentation Market Scope?
The emergence of virtualized data centres, public cloud infrastructure, and more dynamic DevOps approaches makes the need for the granular network- and application-level security controls more important than ever. Micro-segmentation is the most efficient way of protecting sensitive data within these rapidly changing hybrid cloud environments. Micro-segmentation is an organization security method that empowers security designers to coherently isolate the server farm into particular security sections down to the individual responsibility level, and afterwards, characterize security controls and convey administrations for each unique segment. Micro-segmentation enables IT to deploy flexible security policies deep inside a data centre using network virtualization technology instead of installing multiple physical firewalls. Additionally, micro-segmentation can be utilized to ensure each virtual machine (VM) in an enterprise network with strategy-driven, application-level security controls. Since security approaches are applied to isolate responsibilities, micro-segmentation software can altogether reinforce an organization's protection from attack. Despite vast advances in firewall-based network segmentation, companies still routinely fall victim to ransomware, APTs, and other attacks. This fact is driving companies to quickly embrace the micro-segmentation approach.
The Microsegmentation market study is being classified by Type (Network Security, Database Security and Application security), by Application (Government, FinancialServices, Communication, HealthCare, Retail, Manufacturing, Energy and Other(education, media and entertainment, and automotive)) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Microsegmentation market throughout the predicted period.
OPAQ Networks (United States), Nutanix (United States), Cloudvisory (United States), GuardiCore (Israel), ExtraHop (United States), ShieldX Networks (United States), Bracket Computing (United States), VMware (United States), Cisco (United States) and Unisys (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are vArmour (United States) and Juniper Networks (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Microsegmentation market by Type, Application and Region.
On the basis of geography, the market of Microsegmentation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
In May 2020 Zscaler united states based company announced its acquisition with the edgewise networks, this acquisition will help the organization to extends zscaler’s leadership in zero trusts by protecting application-to-application communication for public clouds and data centres. Edgewise networks a micro-segmentation firm, a company that helps customers secure application-to-application communications using a zero-trust approach through micro-segmentation.
In June 2020 Illumio, the leader in segmentation for workload security announced that it has partnered with red team specialists Bishop Fox to conduct and document an industry-first blueprint on how to measure the efficacy of micro-segmentation based on the main components of the MITRE.
Influencing Market Trend
- Increasing Adoption of Cloud-Based Applications and Services
Market Drivers
- Growing Ransomware Attacks on Connected Devices/Systems
- The rise in the Use of Security Virtualization and Cloud Computing
Opportunities
- Increase in Network Connectivity and Data Theft
Restraints
- High Cost associated with the Microsegmentation
Challenges
- Policy lifecycle management is the most challenging part of implementing an effective micro-segmentation
- Implementation Challenges
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Microsegmentation Providers, Government Regulatory and Research Organizations and End-Use Industry
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.