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The Global Microsegmentation Market is expected to grow at a robust rate of around 20% during the forecast period. The Global Microsegmentation Market is driven by the growing cyber security and data protection concerns. Additionally, increased adoption of advanced technologies such as cloud computing, security virtualization coupled with the launch of software & services by the major vendors operating in the market is expected to create lucrative opportunities for the market growth through 2025. Furthermore, the sudden outbreak of pandemic COVID-19 disease has shut down the working of major organizations across the world. This has made the organizations work remotely and has increased the threat of cyber attacks and data thefts. This in turn requires efficient cyber security and data protection solutions thereby propelling the market. However, high cost of advanced security solutions can hamper the market growth over the next few years. Besides, adhering to data security standards and norms can further restrict the market growth during the forecast period.Speak directly to the analyst to clarify any post sales queries you may have.
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The Global Microsegmentation Market is segmented based on component, security type, deployment mode, organization size, end-user industry, company and region. Based on deployment mode, the market can be bifurcated into on-premise and cloud. The cloud segment is expected to dominate the market during the forecast period on account of the benefits associated with cloud such as affordability, scalability, flexibility, 24/7 availability, large storage space, auto-update feature, among others. Based on organization size, the market can be split into large enterprises and SMEs. The large enterprises segment is expected to dominate the market owing to the increasing digitization in large enterprises.
Regionally, the microsegmentation market has been segmented into various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, North America is expected to dominate the overall microsegmentation market owing to the early adoption of technologies and presence of major players operating in the market in the region. While, Asia Pacific is expected to register significant growth in the market owing to the increasing investment on R&D by the governments operating in the region especially in India and China.
The major players operating in the microsegmentation market VMware, Inc., Cisco Systems, Inc., Unisys Corporation, vArmour Networks, Inc., Juniper Networks, OPAQ Networks, Inc., Nutanix, Cloudvisory, ExtraHop Networks, Inc., ShieldX Networks and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
Years considered for this report:
- Historical Years: 2015-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021–2025
Objective of the Study:
- To analyze and estimate the market size of the Global Microsegmentation Market from 2015 to 2018.
- To estimate and forecast the market size of the Global Microsegmentation Market from 2019 to 2025 and growth rate until 2025.
- To classify and forecast the Global Microsegmentation Market based on component, security type, deployment mode, organization size, end-user industry, company and regional distribution.
- To identify dominant region or segment in the Global Microsegmentation Market.
- To identify drivers and challenges for the Global Microsegmentation Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Microsegmentation Market.
- To identify and analyze the profile of leading players operating in the Global Microsegmentation Market.
- To identify key sustainable strategies adopted by market players in the Global Microsegmentation Market.
The author performed both primary as well as exhaustive secondary research for this study. Initially, the author sourced a list of service providers across the globe. Subsequently, researchers conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the author could include the service providers which could not be identified due to the limitations of secondary research. The author analyzed the service providers, distribution channels and presence of all major players across the globe.
The author calculated the market size of the Global Microsegmentation Market by using a bottom-up approach, wherein the data for various end-user segments was recorded and forecast for the future years. Researchers sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Microsegmentation service provider companies
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to microsegmentation
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
Report Scope:
In this report, the Global Microsegmentation Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Global Microsegmentation Market, By Component:
- Solution
- Service
- Professional
- Managed
Global Microsegmentation Market, By Security Type:
- Network Security
- Database Security
- Application Security
Global Microsegmentation Market, By Deployment Mode:
- On-Premise
- Cloud
Global Microsegmentation Market, By Organization Size:
- Large Enterprises
- SMEs
Global Microsegmentation Market, By End-User Industry:
- BFSI
- IT & Telecommunication
- Government & Defense
- Healthcare
- Manufacturing
- Retail
- Energy & Utilities
- Others
Global Microsegmentation Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Kuwait
- South America
- Brazil
- Argentina
- Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Microsegmentation Market.
Available Customizations:
With the given market data, the author offers customizations according to a client’s specific needs.
This report is 80% complete and can be delivered within three working days post order confirmation and will include the latest impact analysis of Covid-19 in 2020 and forecast.
Please note: With the Enterprise license, the PDF product is printable and editable and comes with a market data excel sheet.
Table of Contents
1. Product Overview2. Research Methodology3. Impact of COVID-19 on Global Microsegmentation Market4. Executive Summary5. Voice of Customer13. Market Trends & Developments15. Strategic Recommendations16. About the Author & Disclaimer
6. Global Microsegmentation Market Outlook
7. Asia-Pacific Microsegmentation Market Outlook
8. Europe Microsegmentation Market Outlook
9. North America Microsegmentation Market Outlook
10. South America Microsegmentation Market Outlook
11. Middle East and Africa Microsegmentation Market Outlook
12. Market Dynamics
14. Competitive Landscape
Companies Mentioned
A selection of companies mentioned in this report includes:
- VMware, Inc.
- Cisco Systems, Inc.
- Unisys Corporation
- vArmour Networks, Inc.
- Juniper Networks
- OPAQ Networks, Inc.
- Nutanix
- Cloudvisory
- ExtraHop Networks, Inc.
- ShieldX Networksb\