Software Defined Perimeter Market: Introduction
The global software defined perimeter market is anticipated to reach value of ~US$ 40.1 Bn by 2030. The software defined perimeter market is projected to expand at a CAGR of 31% from 2020 to 2030 in terms of revenue. The growth of the software defined perimeter market is due to increasing need for policy-based security architecture to reduce network complications, and growing demand for cloud-based applications across enterprises. During the forecast period, North America is anticipated to emerge as the leading software defined perimeter market, followed by Europe and Asia Pacific.
Key Growth Drivers of Software Defined Perimeter Market
- Rising need for security mechanisms to protect enterprise data from advanced threats: Most organizations are now storing, computing, and networking through cloud-based infrastructure. This migration is driven by cost-efficiency, flexibility, and agility associated with cloud infrastructure. Cloud-based technology demands sharing of resources in the network, while enterprise security is based on isolation of resources at each level. The threat of network attacks against application infrastructure has increased with the adoption of the cloud technology, since servers cannot be protected with traditional perimeter defense techniques. Thus, increasing cloud deployment demands a security infrastructure model compatible to cloud technology, while preventing advanced security threats.
- Increasing demand for simplification in security infrastructure: The shift from traditional VPNs to advanced hybrid and cloud technology requires implementation of additional security layers, at each level of the networking stack, which makes the system very complex to handle. This can be easily overcome in the SDP model, as it eliminates the need to add extra networking layers. The SDP model simplifies the security process by creating an ‘invisible infrastructure,’ and it excludes the complexity involved in configuring and installing traditional physical controls by combining layers with similar functionalities.
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