• About us
  • Contact Us
  • Submit a Press Release
Thursday, June 8, 2023
Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
TheEast-Africana
No Result
View All Result
Submit PR
  • Ethiopia

    AIEN 2023 AWARDS CEREMONY – Yahoo Canada Finance

    Botswana safari: an insider's guide to the adventure of a lifetime – Condé Nast Traveller

    Feeding back of individual genetic results in Botswana: mapping … – BMC Medical Ethics

    Water tanks are becoming increasingly necessary in Botswana – Mmegi Online

  • Kenya

    Kenya Re eyes more deals in South Africa – Business Daily

    WATCH | Eswatini Air touches down in Cape Town, offering three flights a week in the city – News24

    Eswatini Air flights boost tourism, trade ties with SA – CAJ News Africa – Caj News Africa

    Eswatini Deputy Prime Minister arrives in Taiwan – Taiwan News

  • Rwanda

    Merck Foundation CEO African First Ladies Announce Winners of … – Business Wire India

    Research finds that Lesotho has the highest suicide rate in the world – News24

    Lesotho: Government Pledges Support to National Transport Master Plan (NTMP) – ZAWYA

    Rwanda: Telecos Excited About End of 4G Internet Monopoly – AllAfrica – Top Africa News

  • Uganda

    Expro Wins Well Intervention and Integrity Contract for Major Project in Uganda – Expro Gr Hldgs (NYSE:XP – Benzinga

    Uganda's economy is already doing better in 2023 than it did in 2022 – see key figures – Business Insider Africa

    New report lays bare lack of gender diversity in African tech startup … – Disrupt Africa

    Uganda: Museveni signs Anti-Homosexuality Bill – PinkNews

  • MORE COUNTRIES
    • Burundi
    • Comoros
    • Djibouti
    • Eritrea
    • Ethiopia
    • Kenya
    • Madagascar
    • Malawi
    • Mauritius
    • Mozambique
    • Rwanda
    • Seychelles
    • Somalia
    • South Sudan
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • AFRICA
    Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

    Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

    BZR on Coinstore – a Significant Milestone for Bazaars

    BZR on Coinstore – a Significant Milestone for Bazaars

    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

  • Press releases
    Global Project Management Forum kicks off Monday, June 12

    Global Project Management Forum kicks off Monday, June 12

    Global Project Management Forum kicks off Monday, June 12

    انطلاق فعاليات المنتدى العالمي لإدارة المشاريع الإثنين المقبل

    Hybrid EV Conversion Kit Market to reach USD 1425.48 Mn by 2029 at a growth rate of 16.5 percent over the forecast period

    Hybrid EV Conversion Kit Market to reach USD 1425.48 Mn by 2029 at a growth rate of 16.5 percent over the forecast period

    Organic Olive Oil Market to Reach USD 17.83 Bn by 2029

    Organic Olive Oil Market to Reach USD 17.83 Bn by 2029

    Integrated Security Services Market to grow at a CAGR of 14.6 percent to reach USD 47.77 Billion. by 2029

    Integrated Security Services Market to grow at a CAGR of 14.6 percent to reach USD 47.77 Billion. by 2029

    Centrifugal Pump Market Size Worth $51.5 billion by 2028 at a CAGR of 5.4%

    Centrifugal Pump Market Size Worth $51.5 billion by 2028 at a CAGR of 5.4%

    Trending Tags

    • Ethiopia

      AIEN 2023 AWARDS CEREMONY – Yahoo Canada Finance

      Botswana safari: an insider's guide to the adventure of a lifetime – Condé Nast Traveller

      Feeding back of individual genetic results in Botswana: mapping … – BMC Medical Ethics

      Water tanks are becoming increasingly necessary in Botswana – Mmegi Online

    • Kenya

      Kenya Re eyes more deals in South Africa – Business Daily

      WATCH | Eswatini Air touches down in Cape Town, offering three flights a week in the city – News24

      Eswatini Air flights boost tourism, trade ties with SA – CAJ News Africa – Caj News Africa

      Eswatini Deputy Prime Minister arrives in Taiwan – Taiwan News

    • Rwanda

      Merck Foundation CEO African First Ladies Announce Winners of … – Business Wire India

      Research finds that Lesotho has the highest suicide rate in the world – News24

      Lesotho: Government Pledges Support to National Transport Master Plan (NTMP) – ZAWYA

      Rwanda: Telecos Excited About End of 4G Internet Monopoly – AllAfrica – Top Africa News

    • Uganda

      Expro Wins Well Intervention and Integrity Contract for Major Project in Uganda – Expro Gr Hldgs (NYSE:XP – Benzinga

      Uganda's economy is already doing better in 2023 than it did in 2022 – see key figures – Business Insider Africa

      New report lays bare lack of gender diversity in African tech startup … – Disrupt Africa

      Uganda: Museveni signs Anti-Homosexuality Bill – PinkNews

    • MORE COUNTRIES
      • Burundi
      • Comoros
      • Djibouti
      • Eritrea
      • Ethiopia
      • Kenya
      • Madagascar
      • Malawi
      • Mauritius
      • Mozambique
      • Rwanda
      • Seychelles
      • Somalia
      • South Sudan
      • Tanzania
      • Uganda
      • Zambia
      • Zimbabwe
    • AFRICA
      Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

      Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

      BZR on Coinstore – a Significant Milestone for Bazaars

      BZR on Coinstore – a Significant Milestone for Bazaars

      Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

      Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

      أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

      أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

    • Press releases
      Global Project Management Forum kicks off Monday, June 12

      Global Project Management Forum kicks off Monday, June 12

      Global Project Management Forum kicks off Monday, June 12

      انطلاق فعاليات المنتدى العالمي لإدارة المشاريع الإثنين المقبل

      Hybrid EV Conversion Kit Market to reach USD 1425.48 Mn by 2029 at a growth rate of 16.5 percent over the forecast period

      Hybrid EV Conversion Kit Market to reach USD 1425.48 Mn by 2029 at a growth rate of 16.5 percent over the forecast period

      Organic Olive Oil Market to Reach USD 17.83 Bn by 2029

      Organic Olive Oil Market to Reach USD 17.83 Bn by 2029

      Integrated Security Services Market to grow at a CAGR of 14.6 percent to reach USD 47.77 Billion. by 2029

      Integrated Security Services Market to grow at a CAGR of 14.6 percent to reach USD 47.77 Billion. by 2029

      Centrifugal Pump Market Size Worth $51.5 billion by 2028 at a CAGR of 5.4%

      Centrifugal Pump Market Size Worth $51.5 billion by 2028 at a CAGR of 5.4%

      Trending Tags

      Submit PR
      No Result
      View All Result
      TheEast-africana
      Submit PR
      Home Press Releases

      Software Defined Perimeter Market Size Projected to Reach $25.60 Billion by 2026

      admin by admin
      January 29, 2022
      in Press Releases
      Phototherapy Equipment Market Size Forecast to Reach $1.2 Billion by 2026
      Share on FacebookShare on Twitter


      (EMAILWIRE.COM, January 27, 2022 ) Software Defined Perimeter Market size is projected to reach US$ 25.60 billion by 2026 and is estimated to grow at a CAGR of 36.5% during the forecast period 2021-2026. With the increasing penetration of connected devices, advancements in Internet of Things (IoTs) and massive adoption of cloud-based applications the demand for Software Defined Perimeter market is estimated to gain huge traction. The alarming growth in the number of cyber-attacks such as multi-vector Distributed Denial of Service attacks (DDOS), Structured Query Language (SQL) injection, Man in the middle attacks has resulted in the growth of the market. The increasing security breaches in BFSI sector has contributed to the growth of strong regulation and compliance requirements. The rising adoption of Black Cloud Network security through Software-Defined Perimeter to secure connected IIoT devices is propelling the growth of the Software-Defined Perimeter Market. According to reports, the rapid increase in remote working has stimulated the need for policies to govern and validate users and devices before permitting any access and thus accelerating the adoption of software-defined perimeter (SDP) architecture especially programmable security architecture.

      Software Defined Perimeter Market Segment Analysis – By Offering

      By offering, Software Defined Perimeter Market has been segmented under solution and services. Solution segment dominated the market in 2020 acquiring a share of 58% and is estimated to witness the fastest growth at a CAGR 19.34% owing to increasing demand for reducing network attacks by preventing unauthorized or unauthenticated users from network resources. Security compliance and policy management are analyzed to witness the highest growth with % during 2021-2026 owing to the increasing automation of security and compliance management to provide a centralized compliance solution to deliver high productivity concealing data vulnerability over heavy traffic networks. Furthermore, increasing penetration of BYOD trends and remote working models are anticipated to propel the growth of the software-defined perimeter solution market. For instance, in July 2020, NetMotion launched powerful software-defined perimeter solution, also known as Zero Trust Network Access (ZTNA) to enhance the security platform for the growing remote workforce. Such developments are analyzed to drive the market during 2021-2026.

      Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=18687

      Report Price: $4500 (Single User License)

      Software Defined Perimeter Market Segment Analysis – By Industry Vertical

      By industry vertical, Software Defined Perimeter Market has been segmented under Defense, Banking, Financial Services and Insurance (BFSI), Telecommunications and IT, Education, Healthcare, General Manufacturing, Retail and E-commerce, Government and Public Sector and others.BFSI sector dominated the market in 2020 and is estimated to hold the major market share of 13.75% by 2026 and is also estimated to be the fastest-growing market during 2021-2026 owing to increasing cyber-attacks. The drastic technology-based changes in BFSI sector have led to a massive and large volume of data generation and processing. Banking sector has adopted cloud-based storage techniques to simplify the digital banking processes. Improper or weak integration of IT infrastructure to facilitate mobile banking can lead to disruption of services, information leakage, false data injection, or forceful access of data by unauthorized personnel. BFSI sector holds sensitive and confidential financial data which must be protected to avoid data breaches and cyber-attacks. With the increasing demand for securing networks from vulnerable attacks in the BFSI sector the demand for software-defined perimeter solutions has gained huge traction. According to reports, in May 2019, Instasafe announced the partnership with ESDS to offer powerful software-defined perimeter security solutions to simplify the growing security challenges and manage multi-cloud workloads more efficiently. Such partnerships are anticipated to accelerate the market growth during 2021-2026.

      Software Defined Perimeter Market Segment Analysis – By Geography

      By geography, Software Defined Perimeter Market has been segmented under North America, Europe, APAC, South America, and RoW. North America dominated the market acquiring a share of 25% in 2020 and is estimated to hold the major market share with a CAGR 11.56% during 2021-2026owing to early adoption of highly regulated compliance management to protect IT assets and high investments towards secured IT infrastructure. APAC is estimated to be the fastest-growing market during the forecast period with a CAGR of 14.34% owing to the increasing transition towards digitalization and massive adoption of cloud-based applications. For the past few years, India has witnessed frequent cyber threats and attacks across various industry verticals. For instance, according to Indian Computer Emergency Response Team India has faced nearly 7 Lakhs cyber-attacks till August 2020 which is analyzed to stimulate the market growth during the forecast period.

      Software Defined Perimeter Market Drivers

      The exponential growth in Cyberattacks

      Increasing adoption of digital business strategy to generate new business outcomes leveraging IoTs, cloud computing has attracted cyber-terrorists or hackers to target web servers or online services or devices. With the quick and massive adoption of digitalization in Defense, Banking &Financeand advancements in E-commerce, IT & Telecommunication has contributed to the growth of Software Defined Perimeter services by limiting the exposure to cyber risk.The increasing concern among organizations about the goodwill and loss of productivity when they are threatened with cyber-attacks analyzed to accelerate the market growth during the forecast period. To mitigate the risks associated with security breaches enterprises are adopting this programmable security architecture for limiting the access of internal networks based upon user identification and authentication. In December 2020, DH2i launched DxOdyssey, a new IoT, edge-optimized SDP solution for ensuring a high level of security for the transmission of large-volume data generated from IoT devices. Such developments are anticipated to boost the market during the forecast period 2021-2026.

      Massive transition towards digitalization in the BFSI sector

      The drastic technology-based changes in the BFSI sector have led to a massive and large volume of data generation and processing. The banking sector has adopted cloud-based storage techniques to simplify digital banking processes. The BFSI sector mostly partners with third parties to create and maintain the IT infrastructure to facilitate mobile banking. Improper or weak integration can lead to disruption of services, information leakage, false data injection, or forceful access of data by unauthorized personnel. BFSI sector holds sensitive and confidential financial data which must be protected to avoid data breaches and cyber-attacks. With the increasing demand for securing networks from vulnerable attacks in the BFSI sector the demand for SDP has gained huge traction. In July 2020, Tech Mahindra and Cyqurex announced their global strategic partnership to expand Zero Trust cyber security solutions leveraging Cyqurex’s core Software Defined Perimeter (SDP) technology. Such partnerships are estimated to boost the market during 2021-2026.

      Inquiry Before Buying @ https://www.industryarc.com/reports/request-quote?id=18687

      Software Defined Perimeter Market Challenges

      High cost owing to complexity in deployment

      An increasing number of cyber threats and attacks have made it inevitable for enterprises to adopt Software Defined Perimeter services to get real-time protection from sophisticated web security threats and attacks. A higher level of protection against cyber-attacks requires high investments for its robust infrastructure and deployment and thus many enterprises are yet reluctant about adopting it hampering the market growth. However, significant investments in cyber security are set to offset this challenge and promote healthy growth during the later stages of the forecast period 2021-2026.

      Software Defined Perimeter Market Landscape

      Product innovations, acquisitions, Partnerships, and R&D activities are key strategies adopted by players in the Software-Defined Perimeter market. In 2020, the market of Software-Defined Perimeter industry outlook has been fragmented by several companies. Software Defined Perimeter top 10 companies include Cisco Systems Inc., Intel Corporation, Symantec Corporation, Juniper Networks Inc., Fortinet Inc., Velo Cloud Networks Inc., Viddu Inc., Checkpoint Software Technologies Ltd, Palo Alto Networks Inc, RSA Security LLC among others.

      Acquisitions/Product Innovations

      In July 2020, Aryaka and Checkpoint Software announced their global managed partnership to develop integrated Cyber security.

      In December 2020, Juniper Networks announced to acquire Apstra to accelerate its data center operations through automation.

      Key Takeaways

      Security compliance and policy management is analyzed to dominate the market during 2021-2026.

      BFSI sector is estimated to be the fastest-growing market during 201-2026 due to exponential growth in cyber-attacks in the financial sector.

      North America is estimated to dominate the market with a CAGR of 11.56% during 2021-2026 owing to the early adoption of stringent policies to protect IT assets.

      Alarming growth in number of cyber-attacks and growing demand to protect financial data in BFSI sector is boosting the market.

      High cost is one of the challenges impeding the growth of the market.

      Related Reports:

      A. Scalable Software Defined Networking (SDN) Market in Telecommunications Industry

      https://www.industryarc.com/Report/84/Global-scalable-software-defined-networking-SDN-.html

      B. Software-defined Security Market

      https://www.industryarc.com/Research/Software-defined-Security-Market-Research-500968

      For more Information and Communications Technology Market related reports, please click here

      About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.



      Source link

      Previous Post

      Containerized Application Management Software Market Size Forecast to Reach $6.8 Billion by 2026

      Next Post

      Protein Hydrolysates Market Size to Grow at a CAGR of 6.1% During the Forecast Period 2021-2026

      Related Posts

      Global Project Management Forum kicks off Monday, June 12
      Press Releases

      Global Project Management Forum kicks off Monday, June 12

      June 7, 2023
      Global Project Management Forum kicks off Monday, June 12
      Press Releases

      انطلاق فعاليات المنتدى العالمي لإدارة المشاريع الإثنين المقبل

      June 7, 2023
      Organic Olive Oil Market to Reach USD 17.83 Bn by 2029
      Press Releases

      Organic Olive Oil Market to Reach USD 17.83 Bn by 2029

      June 5, 2023
      Integrated Security Services Market to grow at a CAGR of 14.6 percent to reach USD 47.77 Billion. by 2029
      Press Releases

      Integrated Security Services Market to grow at a CAGR of 14.6 percent to reach USD 47.77 Billion. by 2029

      June 5, 2023
      Centrifugal Pump Market Size Worth $51.5 billion by 2028 at a CAGR of 5.4%
      Press Releases

      Centrifugal Pump Market Size Worth $51.5 billion by 2028 at a CAGR of 5.4%

      June 5, 2023
      Risk Analytics Market Size & Revenue Forecast| $70.5 billion by 2027
      Press Releases

      Risk Analytics Market Size & Revenue Forecast| $70.5 billion by 2027

      June 5, 2023

      Discussion about this post

      LATEST NEWS

      Global Project Management Forum kicks off Monday, June 12

      Global Project Management Forum kicks off Monday, June 12

      June 7, 2023
      Global Project Management Forum kicks off Monday, June 12

      انطلاق فعاليات المنتدى العالمي لإدارة المشاريع الإثنين المقبل

      June 7, 2023

      AIEN 2023 AWARDS CEREMONY – Yahoo Canada Finance

      June 5, 2023

      Botswana safari: an insider's guide to the adventure of a lifetime – Condé Nast Traveller

      June 5, 2023

      About

      The East Africana™ reports and aggregates business, socio-economic, Tech and industrial news on Southern African countries.

      We provide press release distribution to media outlets in Africa including Botswana, Eswatini, Lesotho, Namibia and South Africa. Submit a press release or contact us today.

      Categories

      ETHIOPIA

      KENYA

      RWANDA

      UGANDA

      MORE COUNTRIES

      AFRICA

      PRESS RELEASES

      Recent Post

      Recent Posts
      • Global Project Management Forum kicks off Monday, June 12
      • انطلاق فعاليات المنتدى العالمي لإدارة المشاريع الإثنين المقبل
      • AIEN 2023 AWARDS CEREMONY – Yahoo Canada Finance

      Subscribe to Our Newsletter

        Share Us

        Share on facebook
        Share on twitter
        Share on linkedin
        Share on pinterest

        Contact Us

        • +1 832 716 2363
        • +12816454086
        • Email: Email Us
        • Skype: groupwebmedia
        The East Africana™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC
        No Result
        View All Result
        • Ethiopia
        • Kenya
        • Rwanda
        • Uganda
        • MORE COUNTRIES
          • Burundi
          • Comoros
          • Djibouti
          • Eritrea
          • Ethiopia
          • Kenya
          • Madagascar
          • Malawi
          • Mauritius
          • Mozambique
          • Rwanda
          • Seychelles
          • Somalia
          • South Sudan
          • Tanzania
          • Uganda
          • Zambia
          • Zimbabwe
        • AFRICA
        • Press releases

        Share on facebook
        Share on twitter
        Share on linkedin
        Share on pinterest
        © 2023 The-East-Africana