Valued to be $12.5 Billion by 2026, Software-Defined Perimeter (SDP) Slated for Robust Growth Worldwide

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Jul 04, 2022, 10:35 ET

SAN FRANCISCO, July 4, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Software-Defined Perimeter (SDP) - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
What's New for 2022?

Valued to be $12.5 Billion by 2026, Software-Defined Perimeter (SDP) Slated for Robust Growth Worldwide

Global competitiveness and key competitor percentage market shares
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Edition: 7; Released: January 2022
Executive Pool: 4979
Companies: 13 - Players covered include Certes Networks, Inc.; Check Point Software Technologies Ltd.; Cisco Systems, Inc.; Cryptzone; Dell EMC; Fortinet, Inc.; Intel Corporation; Juniper Networks, Inc.; Palo Alto Networks, Inc.; Symantec Corporation; Viddler, Inc.; VMware, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Application (BFSI, Healthcare, Manufacturing, IT & Telecom, Education, Government, Other Applications); Component (Solution, Service); Deployment Mode (Cloud, on-Premises)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Software-Defined Perimeter (SDP) Market to Reach $12.5 Billion by 2026
Amid the COVID-19 crisis, the global market for Software-Defined Perimeter (SDP) estimated at US$2.3 Billion, is projected to reach a revised size of US$12.5 Billion by 2026, growing at a CAGR of 31.9% over the analysis period. Solution, one of the segments analyzed in the report, is projected to record a 28.8% CAGR and reach US$9 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Service segment is readjusted to a revised 36.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $968 Million in 2021, While China is Forecast to Reach $2.2 Billion by 2026
The Software-Defined Perimeter (SDP) market in the U.S. is estimated at US$968 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2026 trailing a CAGR of 31.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 29.3% and 27.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 22.3% CAGR. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.