The software-defined perimeter market is expected to increase at a CAGR of 14.3% from USD 7.4 billion in 2022 to USD 28.2 billion through 2032.
The increased need for policy-based security architecture to decrease network complexity and the growing demand for cloud-based applications are other factors expected to influence the software-defined perimeter market trends positively.
Cloud services are the main drivers of digital transformation, with the widespread adoption of software-defined perimeter across many businesses. It has presented several security problems to the organization, a major factor driving the global software-defined perimeter market development throughout the forecast period.
A network perimeter is dynamically constructed to secure data in the cloud, the demilitarized zone, and data centers. This is regarded as a fantastic software-defined perimeter strategy.
The software-defined perimeter adoption trends are accelerated by the rise of the IoT and shifting Bring Your Own Device (BYOD) tendencies to boost software-defined perimeter market future trends.
The use of cloud-based services has resulted in a reduction in network risks. Typical perimeter defensive solutions cannot defend traditional data centers and servers, increasing the possibility of network assaults on application infrastructure, thereby increasing the software-defined perimeter market opportunities.
The software-defined perimeter market growth and software-defined perimeter market opportunities are hampered by a lack of security awareness and industry standards.
The software-defined perimeter market share is dominated by the United States, which is regarded to be the most advanced area in terms of security, software-defined perimeter adoption trends, and infrastructure. Governments are working to provide a secure IT environment and safeguard critical information.
United States’ compliance management is strictly controlled. Businesses want flexible and agile security solutions as data centers become increasingly software-driven.
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