What is Micro Segmentation Market?
Micro segmentation is a mechanism of isolating and securing workloads in data centers and cloud environments by grouping them into zones. System administrators may use micro segmentation to build policies that use a Zero Trust approach to restrict network traffic between workloads. Micro segmentation is primarily used by businesses to reduce the security vulnerabilities of their networks, increase violation containment, and enhance regulatory enforcement. East-West traffic, unlike North-South traffic, is rarely subject to firewall monitoring and is, for all intents and purposes, invisible to the network security team. Micro segmentation requires visibility into all network traffic to be successful. Literatures suggest average time to identify data breach is around a year including high-cost expenses, this security gap is exploited by thieves. Micro segmentation is the most efficient solution to complex security threats.
The market study is being classified, by Application (Network security, Database security and Application security) and major geographies with country level break-up.
VMware (United States), Hewlett Packard Enterprise (United States), Cisco (United States), Unisys (United States), vArmour (United States), Juniper Networks (United States), OPAQ Networks (United States), Nutanix (United States), Cloudvisory (United States) and Illumio (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are CloudPassage (United States), GuardiCore (Israel), Aporeto (United States), Huawei Technologies Co. Ltd. (China), Mobius Solutions (Israel) and Tufin (United Kingdom).
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Micro Segmentation market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Micro Segmentation market by Type, Application and Region.
On the basis of geography, the market of Micro Segmentation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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.
- Integration with Machine Learning programs across the AI-based platforms
- Demand for Management Efficiency and Stronger Regulatory Compliance
- Growing Investment in Cyber Security and Data Protection
- Lack of Skilled Professionals
- Low Penetration across Emerging Regions
- Growing Software Implementation Among SMEs
- Fierce Competitive Pressure
- Technical Errors and Glitches
Market Leaders and some development strategies
On 26th November, 2019 - Palo Alto Networks Acquired Aporeto (Leading Cloud Security Solutions Provider), the Acquisition is Intended to Enhance Palo Alto’s Prisma Cloud Through Aporeto’s Comprehensive Network Security Through Micro Segmentation. and On 7th August, 2020 - Cisco Completed its Acquisition of ThousandEyes (US-Based Network Monitoring Firm). This Acquisition will bring Cisco Years of Digital Experience and IT Monitoring Capabilities to its Portfolio.
On 24th February, 2021 - Juniper Networks Released an Upgrade that Combines Mist AI with Session Smart SD-WAN and SRX Secure Branch Gateway for Optimal User Experiences from Client-to-Cloud. and On 10th November, 2020 - Unisys Launched a Version 6.0 of its “Stealth” Security Software, its new Features Include Artificial Intelligence (AI)-driven Automation and Visualization Tools to Accelerate Deployment and Simplify Management
Key Target AudienceMicro Segmentation Solution Providers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
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