Global Micro-segmentation Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Micro-segmentation Market By Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Micro-segmentation Market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. Asia Pacific dominates the Micro-segmentation Market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.
The process of segmenting the collision domain into different number of segments is referred as microsegmentation. It is mainly used to enhance the ability or security of the network. The microsegmentation executed by the switch results in the reduction of collision domains.
There are number of factors which are responsible for the growth of the market includes increasing ransomware attacks on connected devices or systems and maintaing a secure third party access. Increasing use of security virtualization and cloud computing can increase the growth of the market.
The market has to face various challenges such as lack of competent security professionals and challenges related to the implementation. Growing adoption of cloud-based application and services is opportunity for the market to strengthen the growth of the market. The factors hampering the growth of the market are huge cost of advanced security solution and limited security budgets.
Key Question Answered: What will be the market size in 2025 and at what rate it will grow? Who are the major key players in global micro-segmentation market and what are their strategies? Which vertical industry is expected to show major growth? What segment and region will lead the market and why?
The major companies profiled in the report include: VMware , Cisco, Unisys, vArmour, Juniper Networks, OPAQ Networks, ShieldX Networks, Cloudvisory, GuardiCore, Bracket Computing, and others.
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