What is Microsegmentation Software Market?
Microsegmentation is a developing security best practice that offers some advantages around more well-known approaches such as network segmentation and application segmentation. It offers essential at a time when many organizations are adopting cloud services and new deployment options such as containers that make traditional perimeter security less relevant.
The market study is being classified by Type (Network Security and Database Security) and major geographies with country level break-up.
Illumio (United States), Algoblu (United States), DH2i (United States), Unisys (United States), Guardicore Ltd. (United States), ShieldX Networks, Inc (United States), vArmour (United States), Fidelis (United States) and Palo Alto Networks (United States) are some of the key players profiled in the study.
Global Microsegmentation Software is a fragmented market due to the presence of various players. The players are investing more in mergers and acquisitions and launching new software and services to enhance their market presence. The companies are planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Segment Analysis
Analyst at AMA have segmented the market study of Global Microsegmentation Software market by Type, Application and Region.
On the basis of geography, the market of Microsegmentation Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Implementation of Microsegmentation to Improves Visibility into data Flows and Restricts Access to Applications and Data based on Approved Identities and Roles
Market Trend
- Need to Minimize the Damage from Successful Perimeter Breaches
Restraints
- Growing Network Traffic over the World
Opportunities
- Advanced Cyberthreats and the Rise of the Cloud have Rendered Traditional Micro-Segmentation can create Opportunities for the Market Growth
Challenges
- Visibility Across all Network Communications
Market Leaders and some development strategies
In 29th September 2021, Guardicore has acquired by Akamai Technologies, Inc. The acquisition provides comprehensive protections to the enterprise, defending against threat actors and the spread of malware and ransomware.
Key Target Audience
Microsegmentation Software Developers, New Entrants, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others