What is Network Segmentation Solution?
Network Segmentation Solution are comprehensive architect solutions enabling networks to be divided into multiple sub networks or sub segments using virtual firewalls. Where each sub network will act as an independent network, providing greater decentralisation. Thus, allowing for better network monitoring and administration based on the granular policies laid out. Increasing in the business digitisation has led to the growth of the network segmentation solution market. Rising number of cyber-attacks has also significantly impacted the growth of the network segmentation solution. North America is currently the largest market of the network segmentation solutions market.
The market study is broken down and major geographies with country level break-up.
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Palo Alto Networks, Inc. (United States), Cisco Systems Inc. (United States), Dell Technologies Inc. (United States), Juniper Networks Inc. (United States), ExtraHop Networks Inc. (United States), Illumio Inc. (United States), FireEye Inc. (United States), Unisys Corporation (United States), Citrix Systems, Inc. (United States) and Rockwell Automation, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Tufin (United States), AlgoSec (United States) and Riverbed Technology, Inc. (United States).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Network Segmentation Solution market by Type, Application and Region.
On the basis of geography, the market of Network Segmentation Solution 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). If we see Market by End Use, the sub-segment i.e. BFSI will boost the Network Segmentation Solution market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. On Cloud will boost the Network Segmentation Solution market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organisation Size , the sub-segment i.e. SMEs will boost the Network Segmentation Solution market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Services {Managed Services and Professional Services} will boost the Network Segmentation Solution market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2020, Fortinet Inc., a Multinational US corporations specialising in cybersecurity solutions has announced acquisition of ShieldX, which is a startup specialising in cloud and network security. The combination of the both the entities offers clients with better solutions to tackle lateral movement prevention, and multi-cloud data center segmentation among others.
In 2020, Zscaler Inc., a United States based one of the leading cloud security firm has announced acquisition of Edgewise Networks, which is a pioneer in developing security solutions for applications to applications communications over cloud networks. The acquisition of Edgewise will significantly consolidate Zscaler’s market standings.
Market Trend
- Cloud Based Solutions are rising in Popularity
Market Drivers
- Growth of the Digitisation of the Businesses
- Rising Popularity of the Decentralised Subsystems
Opportunities
- SMEs Present Huge Opportunity to Grow
Restraints
- Number of Cyber Attacks are on a Surge
Challenges
- Integration between Different Systems and Networks
Key Target Audience
Network Segmentation Solution Manufacturers, Suppliers and Distributors, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.