DUBLIN--(BUSINESS WIRE)--The "Microsegmentation Market by Component (Software and Services), Security Type (Network Security, Database Security, and Application Security), Service, Organization Size, Deployment Type, Vertical, and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The global microsegmentation market is expected to grow from USD 670.3 million in 2017 to USD 2,038.7 million by 2022, at a CAGR of 24.9% during the forecast period.
Technological advancements, increasing ransomware attacks on connected devices, and growing usage of security virtualization and cloud computing are some of the factors contributing to the growth of the global microsegmentation market. Increase in the network connectivity and data theft, and need for maintaining safe third party access are expected to further drive the microsegmentation market growth. High cost of advanced security solutions and limited security budgets are the major factors restricting the growth of the microsegmentation market.
In the Latin American and APAC regions, the BFSI vertical is expected to witness the highest CAGR. This sector is continuously upgrading its processing and transaction technologies, and requires end-to-end security solutions to optimize operations against both internal and external threats. With facilities, such as smart banking, internet banking, and mobile banking, the BFSI vertical is required to prioritize on cybersecurity. The technological advancements in the industry have attracted the cybercriminals. The industry is facing severe challenges in maintaining application, data, and network security. The attackers are targeting the BFSI IT infrastructure with viruses, spear phishing, malware, and other cyber-attacks.
- Bracket Computing
- Juniper Networks
- Opaq Networks
- Shieldx Networks
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Microsegmentation Market Overview and Industry Trends
6 Microsegmentation Market Analysis, By Component
7 Microsegmentation Market Analysis, By Service
8 Microsegmentation Market Analysis, By Security Type
9 Microsegmentation Market Analysis, By Deployment Type
10 Microsegmentation Market Analysis, By Organization Size
11 Microsegmentation Market Analysis, By Vertical
12 Geographic Analysis
13 Competitive Landscape
14 Company Profiles
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